The Venture Codex Logo

The Venture Codex

Overview

Venture capital firm focused on pre-seed and seed B2B technology investment

Founded

2010

Deals · 12mo

3

Stage focus

Seed
Series A

Geographic focus

Austria
Germany
Sweden
United States

Sector focus

Artificial Intelligence (AI)
B2B
Enterprise Software
Finance
...

Investment portfolio

48rounds
NAMEDATESIZE
Procuros
Oct 2026Participated
$22 MSeries A
Graph Therapeutics
Jun 2026Participated
$5 MOther Equity
Flinn
Feb 2026Participated
$20 MSeries A
Ultralytics
Sep 2025Participated
$30 MSeries A
C1 Green Chemicals
Mar 2025Participated
$18 MOther Equity
Phase
Feb 2025Participated
$13 MOther Equity
PartsCloud
Feb 2025Participated
$6 MSeed
ZuriQ
Jan 2025Participated
$4 MSeed
Graph Therapeutics
Jan 2025Led
$3 MSeed
Flinn
Sep 2024Participated
$11 MSeed
Hero
Jun 2024Participated
$12 MOther Equity
atmio
Jun 2024Participated
$5 MSeed
Procuros
Oct 2026Participated
$22 MSeries A
Graph Therapeutics
Jun 2026Participated
$5 MOther Equity
Flinn
Feb 2026Participated
$20 MSeries A
Ultralytics
Sep 2025Participated
$30 MSeries A
C1 Green Chemicals
Mar 2025Participated
$18 MOther Equity
Phase
Feb 2025Participated
$13 MOther Equity
PartsCloud
Feb 2025Participated
$6 MSeed
ZuriQ
Jan 2025Participated
$4 MSeed
Graph Therapeutics
Jan 2025Led
$3 MSeed
Flinn
Sep 2024Participated
$11 MSeed
Hero
Jun 2024Participated
$12 MOther Equity
atmio
Jun 2024Participated
$5 MSeed
48
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Paua Ventures: 48 funding rounds are recorded in the selected participation categories.All available history.
Paua Ventures: 48 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed69
Series A414
Series B04
Series C+01
Other Equity28

Monthly Deal Activity

Paua Ventures: 48 deals are recorded across 158 months.All available history.
Paua Ventures: 48 deals are recorded across 158 months. All available history
MonthDeals
Sep '131
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '151
Apr '150
May '151
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '161
Dec '160
Jan '170
Feb '170
Mar '171
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '171
Jan '180
Feb '180
Mar '181
Apr '180
May '180
Jun '181
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '182
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '191
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '201
Jun '202
Jul '200
Aug '200
Sep '201
Oct '200
Nov '200
Dec '202
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '211
Aug '210
Sep '212
Oct '211
Nov '210
Dec '211
Jan '221
Feb '220
Mar '220
Apr '221
May '221
Jun '220
Jul '221
Aug '220
Sep '220
Oct '220
Nov '220
Dec '221
Jan '230
Feb '231
Mar '233
Apr '230
May '230
Jun '230
Jul '230
Aug '231
Sep '230
Oct '231
Nov '231
Dec '230
Jan '241
Feb '240
Mar '240
Apr '240
May '240
Jun '243
Jul '240
Aug '240
Sep '241
Oct '240
Nov '240
Dec '240
Jan '252
Feb '252
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '250
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '261

Sector Breakdown

Paua Ventures: Enterprise Software is the largest displayed sector by deal count (20 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Paua Ventures: Enterprise Software is the largest displayed sector by deal count (20 deals). All available history
SectorDeals
Enterprise Software20
Networks, Cloud & Communication12
Hardware & Robotics10
Professional Services7
Manufacturing6
Health & Life Sciences6
AI & Machine Learning6
E-Commerce & Retail5
Space & Frontier Tech5
Media & Entertainment5
Cybersecurity & Privacy4
Transportation & Logistics4
Marketing & Advertising4
Fintech4
Developer Tools4
Government & Defense2
Clean Energy & Sustainability2
Consumer & Lifestyle2
Social & Community Platforms2
Education & Workforce1
AR/VR1
Real Estate & Construction1
Crypto & Blockchain1

Deal Size Distribution

Paua Ventures: 48 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Paua Ventures: 48 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M12
$5M-$10M13
$10M-$25M20
$25M-$50M2
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Paua Ventures: Europe has the largest recorded deal count among the displayed regions (39 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Paua Ventures: Europe has the largest recorded deal count among the displayed regions (39 deals). All available history
RegionDeals
Europe39
United States8
Mexico1
Paua Ventures: 20 co-investors are shown, with Creandum sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

Paua Ventures: Led accounts for 25% and participating for 75% of round participation.All available history.
Paua Ventures: Led accounts for 25% and participating for 75% of round participation. All available history
CategoryDeals (count)Share (%)
Led1225%
Participating3675%
Paua Ventures: Single-lead accounts for 42% and co-led for 58% of lead dynamics.All available history.
Paua Ventures: Single-lead accounts for 42% and co-led for 58% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead542%
Co-led758%

Team

Christian Buchenau

Co-Founder, Managing Director & Partner

Christophe Defforey

Co-Founding Partner

Levent Altunel

Investment Associate