The Venture Codex

Led · Equity · Oct 2025

Founded in 2022, Kenko positions itself as an insurtech broker (courtier) dedicated to the French collective health and provident insurance market. The company offers digital platforms and services designed to simplify and improve employee health coverage for small and mid-sized enterprises (PME/ETI). By pairing brokerage expertise with technology, Kenko aims to create high-impact, customer-centric insurance products. Its mission-driven status underlines a commitment to social impact in the healthcare sector. The firm intends to expand its footprint across France, further develop its product suite for corporate clients, and accelerate the rollout of its technology platforms. No operating metrics such as revenue or user counts were disclosed in the article.

Participated · Seed · Sep 2025

ArcaScience has developed AI technology that converts unstructured biomedical data into benefit-risk assessments for regulators, clinical teams, and patients. Its platform has been used by over 70,000 patients and the company counts 10 pharma clients, including Sanofi, AstraZeneca, GSK, Takeda, ICON, and the Paris Brain Institute. The tools are being adopted by clinical operations and pharmacovigilance leaders to de-risk clinical trials and optimize drug development. The company plans to use its seed funding to expand in the US and UK, launch patient-facing solutions (initially focused on pediatric brain cancer and dermatological diseases), and grow its team. ArcaScience is also a member of a pan-European consortium addressing pediatric brain cancer alongside major pharma and research institutions. Financially, the company has raised $7 million in this seed round and previously closed a €1.3 million pre-seed with Plug & Play Ventures and angel investors.

Led · Equity · Jan 2024

Founded in 2019, Climbing district operates premium climbing halls that pair sport with varied community offerings such as coworking, yoga, chess, and cinema. The group says all of its locations were profitable in 2023, though it does not disclose revenue. Membership and pricing formats are published: annual €580, monthly €58, single entry €18 and 10-entry €145. The company plans to use new capital to open three new sites in Paris and the inner suburbs and to expand internationally, targeting cities including London and Milan. Climbing district also intends to launch its own app to let climbers exchange and record performances and to strengthen community ties.

Led · Equity · Aug 2023

Sensefuel develops an AI-powered e-commerce search and product-discovery platform exclusively for e-commerce players. Founded in 2017 by Stéphane Vendramini and Christophe Malghem, the company is based in Lille and Antwerp. Its platform analyzes real-time user behavior to predict and surface products tailored to individual searches, needs, and context, and offers turnkey on-site search experiences that reduce friction in the purchase journey. Sensefuel also enables brands and retailers to implement commercial strategies and support revenues through retail media. The company serves over 100 brands and retailers across Europe and says it can increase on-site search conversion by about 40%. Sensefuel reports it has been profitable and self-funded since inception. The reported €3M raise is intended to accelerate growth in Europe and to develop new features to help retailers better accompany customers.

Participated · Seed · May 2022

BEMO is an MSSP focused on protecting U.S. small and medium-sized businesses (typically 10–500 users) that run on the Microsoft Cloud. The company offers SaaS cybersecurity solutions built on top of the Microsoft security stack and has been a Microsoft Security certified partner for more than a decade. In May 2022 BEMO closed a $3.0M seed round to accelerate product development and automation. The funding, together with financial support from Microsoft, is intended to improve BEMO’s automation and broaden protection for thousands of Microsoft SMB customers. BEMO is headquartered in Redmond, Washington and targets rapid adoption among Microsoft SMB customers.