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The Venture Codex

Overview

Venture capital firm investing in industrial and energy technology.

Founded

2019

Deals ยท 12mo

5

Stage focus

Series A
Series B

Geographic focus

United States

Sector focus

Energy
Financial Services
Industrial
Software
...

Investment portfolio

30rounds
NAMEDATESIZE
VEIR
Oct 2026Participated
$110 MSeries C
Branch Energy
Sep 2026Led
$33 MSeries B
Planted Solar
Sep 2026Led
$32 MOther Equity
Plantible Foods
Aug 2026Participated
$35 MDebt
Lunar Energy
Feb 2026Participated
$232 MSeries C
Planted Solar
Jul 2025Led
$12 MOther Equity
VEIR
Jan 2025Participated
$75 MSeries B
OneRail
Dec 2024Participated
$42 MSeries C
Plantible Foods
Nov 2024Led
$30 MSeries B
Pyka
Sep 2024Participated
$40 MSeries B
Green COP
Feb 2024Led
$129 MSeries B
INERATEC
Jan 2024Led
$129 MSeries B
VEIR
Oct 2026Participated
$110 MSeries C
Branch Energy
Sep 2026Led
$33 MSeries B
Planted Solar
Sep 2026Led
$32 MOther Equity
Plantible Foods
Aug 2026Participated
$35 MDebt
Lunar Energy
Feb 2026Participated
$232 MSeries C
Planted Solar
Jul 2025Led
$12 MOther Equity
VEIR
Jan 2025Participated
$75 MSeries B
OneRail
Dec 2024Participated
$42 MSeries C
Plantible Foods
Nov 2024Led
$30 MSeries B
Pyka
Sep 2024Participated
$40 MSeries B
Green COP
Feb 2024Led
$129 MSeries B
INERATEC
Jan 2024Led
$129 MSeries B
30
Items
...
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Insights

Time horizon

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Deal Distribution

Piva Capital: 30 funding rounds are recorded in the selected participation categories.All available history.
Piva Capital: 30 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A23
Series B95
Series C+24
Other Equity22
Debt01

Monthly Deal Activity

Piva Capital: 30 deals are recorded across 81 months.All available history.
Piva Capital: 30 deals are recorded across 81 months. All available history
MonthDeals
Feb '201
Mar '200
Apr '201
May '200
Jun '201
Jul '200
Aug '200
Sep '200
Oct '201
Nov '200
Dec '200
Jan '211
Feb '212
Mar '210
Apr '211
May '210
Jun '210
Jul '210
Aug '211
Sep '211
Oct '210
Nov '210
Dec '210
Jan '221
Feb '220
Mar '220
Apr '222
May '221
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '221
Dec '220
Jan '231
Feb '230
Mar '230
Apr '230
May '231
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '231
Dec '230
Jan '241
Feb '241
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '241
Oct '240
Nov '241
Dec '241
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '261
Sep '262
Oct '261

Sector Breakdown

Piva Capital: Clean Energy & Sustainability is the largest displayed sector by deal count (13 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.

Piva Capital: Clean Energy & Sustainability is the largest displayed sector by deal count (13 deals). All available history
SectorDeals
Clean Energy & Sustainability13
Health & Life Sciences8
Space & Frontier Tech6
Transportation & Logistics6
Manufacturing6
Food & Agriculture6
Enterprise Software3
Hardware & Robotics3
AI & Machine Learning3
Government & Defense2
Cybersecurity & Privacy2
Real Estate & Construction2
Networks, Cloud & Communication2
Crypto & Blockchain2
E-Commerce & Retail1
AR/VR1
Consumer & Lifestyle1
Professional Services1

Deal Size Distribution

Piva Capital: 30 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.

Piva Capital: 30 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M6
$25M-$50M13
$50M-$100M5
$100M-$250M6
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Piva Capital: United States has the largest recorded deal count among the displayed regions (28 deals).All available history.

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

Piva Capital: United States has the largest recorded deal count among the displayed regions (28 deals). All available history
RegionDeals
United States28
Singapore1
Europe1
Piva Capital: 20 co-investors are shown, with Breakthrough Energy Ventures sharing 6 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

Piva Capital: Led accounts for 50% and participating for 50% of round participation.All available history.
Piva Capital: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led1550%
Participating1550%
Piva Capital: Single-lead accounts for 47% and co-led for 53% of lead dynamics.All available history.
Piva Capital: Single-lead accounts for 47% and co-led for 53% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead747%
Co-led853%

Team

Adzmel Adznan

Co-Founding Partner

Maria Buitron

Business Management

Ricardo Angel

Founder ,CEO & Managing Partner

Robert E. Siegel

Venture Partner

Tony Di Bona

Chief Financial Officer