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The Venture Codex

Planven Entrepreneur Ventures

Uraniastrasse 14, Zurich, 8001, Switzerland

Overview

Venutre Capital Fund that invests European entrepreneurs’ money in advanced technology solutions for fast growing B2B markets leveraging on a unique due diligence strategy and a proven proprietary deal sourcing

Total investments
20
Lead investments
4
Investments · 12mo
1
Active investors
4
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Investment portfolio

  • Encore AI

    Participated · Series A · Jul 2026

    Encore AI’s platform collects call recordings, emails, text messages and CRM data to perform “interaction mining,” identifying which conversational playbooks drive successful outcomes. It uses those findings to train AI agents that can communicate with customers by voice or text or act as assistants recommending responses and tactics to employees. The company began in 2022 as Insait IO under CEO Dvir Ginzburg and has since rebranded and expanded its offering beyond recommendation software for financial advisers. Encore serves more than 40 enterprise customers, mostly financial institutions, and said its ARR has grown over 5x since its seed round under 18 months ago. The startup faces potential competition from large CRM vendors but argues its focus on historical conversational data and playbook-driven agents is a differentiator. Encore plans to use the Series A proceeds to expand U.S. sales and deploy its platform with additional large financial institutions.

  • Seraphic Security

    Participated · Series A · Jan 2025

    Seraphic Security has developed patented technology that converts any browser into a secure browser with protection and detection capabilities. Its solution enables secure access to SaaS and private web applications from managed and personal devices without the complexity and cost of VDI or VPN. The product is invisible to the end user and supports all browsers and SaaS desktop applications such as Teams, Slack, Discord and WhatsApp. The company is led by CEO Ilan Yeshua and is based in San Jose, CA. Seraphic intends to use newly raised funds to accelerate its product roadmap and expand its market presence in North America and EMEA. The company raised $29M in a Series A round.

  • Nozomi Networks

    Participated · Series E · Mar 2024

    Nozomi Networks provides OT and IoT security through a platform that combines network and endpoint visibility, threat detection, and AI-powered analysis to support effective incident response. The company serves customers seeking to minimize risk and complexity while maximizing operational resilience for critical infrastructure. Led by President and CEO Edgard Capdevielle, Nozomi emphasizes OEM-agnostic security solutions in response to escalating attacks on critical infrastructure. The firm intends to use the new funds to scale product development efforts and expand its go-to-market approach globally. Nozomi is based in San Francisco, CA. The company recently completed a significant financing round that strengthens its financial position for growth. Nozomi Networks builds industrial cybersecurity software that detects threats to industrial control systems (ICS) and provides real-time visibility to manage cyber risk and improve operational resilience. Its technology supports almost 50 million devices across sectors including critical infrastructure, energy, manufacturing, mining, transportation and utilities. The company says it doubled its customer base in 2020 and saw a 5,000% increase in the number of devices its solutions monitor. Nozomi competes with firms such as Dragos and Claroty and emphasizes preventing attacks before they hit OT environments. It plans to scale product development and expand go-to-market efforts globally, with specific investments in sales, marketing and partner enablement and product upgrades for OT and IoT visibility and security. The business recently raised a significant pre-IPO financing to fund those efforts following a Series C earlier under two years prior. Nozomi Networks provides OT and IoT security and visibility solutions that deliver operational visibility, advanced threat detection and operational insight for industrial control networks. Its products are deployable onsite and in the cloud and span IT, OT and IoT to automate inventorying, visualizing and monitoring through the use of AI. The company’s solutions currently support more than 17 million devices in thousands of installations across energy, manufacturing, mining, transportation, utilities, building automation, smart cities and critical infrastructure. Nozomi aims to extend IT, OT and IoT cybersecurity services across public and private sector enterprises in the UAE and the broader MENA region through a partnership with Forward Investments. To date the company’s total funding exceeds $54M, with backers including GGV Capital, Lux Capital, Energize Ventures, Planven Investments and Telefónica. The company emphasizes securing modernization of critical industrial infrastructure and accelerating digital transformation for utilities and other OT sites. Nozomi Networks delivers security and operational visibility for OT and IoT environments, using AI to automate inventory, visualization and monitoring of industrial control networks. Its products can be deployed on‑premises and in the cloud and span IT, OT and IoT environments. The company supports more than 3.6 million devices across over 2,400 installations and operates in 16 countries. Use cases extend beyond cybersecurity to troubleshooting, asset management and predictive maintenance. Nozomi is positioned as a market leader in OT/IoT security and detection and partners with service providers to reach industrial customers. The company has raised more than $54 million in total funding to date from investors named in the article. Nozomi Networks builds security products for industrial control systems, emphasizing passive threat and anomaly detection that combines behavior-based and signature-based approaches, and offering an active detection option for specific threats. The company says it secures more than 300,000 industrial devices and counts hundreds of hydroelectric and gas distribution facilities among its customers. Management plans to continue investing in product and R&D while prioritizing awareness, sales, reach, and technical support to expand its customer base. This year the company has expanded its global footprint to target markets including Canada, the UK, and Germany. The rise in connectivity of ICS systems and growing threats to critical infrastructure form the backdrop for demand in Nozomi’s offerings. Financially, Nozomi has completed multiple raises this year and reported a valuation of about $150 million after an earlier round.

  • Ibex Medical Analytics

    Participated · Series C · Sep 2023

    Ibex Medical Analytics builds clinical-grade, AI-powered cancer diagnostics centered on its Galen suite for pathology workflows. Galen solutions are deployed in routine practice to support pathologists, improve diagnostic accuracy and quality control, reduce turnaround times and boost productivity. Certain Galen solutions are CE marked and registered with the UK MHRA; in the United States they are Research Use Only and not FDA-cleared. Ibex’s AI technology relies on deep learning algorithms trained by a team of pathologists, data scientists and software engineers. Led by CEO Joseph Mossel, the company plans to use funds from its recent raise to expand its U.S. presence and accelerate growth of its product portfolio. The Series C increased the company’s total capital raised to $100M since its 2016 founding. Ibex Medical Analytics develops clinical-grade, AI-powered solutions for cancer diagnostics centered on its Galen suite. The Galen platform is described as the first and most widely deployed AI technology in pathology and is used in routine practice to support pathologists. Its AI is built on deep learning algorithms trained by a team of pathologists, data scientists, and software engineers. In November 2022 the company secured $10.0M in funding led by Kreos Capital, with participation from Octopus Ventures, 83North, aMoon, Planven Entrepreneur Ventures, and Dell Technologies Capital. Ibex plans to use the funds to strengthen and expand its U.S. team, support new customer deployments, and accelerate R&D to add new tissue-diagnostic applications and automated biomarker quantification. The company also intends to enhance collaboration with leading digital pathology providers to drive broader commercial adoption and improved diagnostic workflows. Ibex Medical Analytics develops Galen, an AI-driven imaging platform that mimics a pathologist’s workflow to detect cancer cells in biopsies. Originally incubated at Kamet Ventures, the platform prepares cases, marks regions of interest, and acts as a pathologist’s assistant to speed diagnosis. The company says pathologists can be 40% more productive using its solution. Ibex has secured customers including the largest pathology network in France and LD Path, which comprises five labs serving 24 NHS trusts in the U.K. Launched in 2016, the company plans to use new funding to expand sales into diagnostic labs across North America and Europe. To date it has raised $52 million in total financing.

  • Via

    Participated · Equity · Feb 2023

    Via builds transit technology and on-demand shuttle services, offering software that helps public transportation agencies, municipalities and school districts optimize fixed routes, paratransit, school buses, bike lanes and integrate private ridesharing. The company has scaled to 600 communities across more than 35 countries. Via ended 2022 with an annualized revenue run-rate surpassing $200 million, more than double since its prior financing in November 2021. With the new capital the company plans to expand its product suite — either via in-house development or M&A — including street-mapping for traffic controls, parking and curb management, EV fleet and charger management, micromobility planning and autonomous vehicle integration. Via is already working with AV companies Motional and May Mobility to deploy autonomous ridesharing shuttles in Las Vegas and Grand Rapids. The company says the funds also provide optionality to pursue an IPO when market conditions make sense. Via operates consumer-facing shuttles while its core business is a TransitTech SaaS platform sold to cities, transportation authorities, school districts and universities. The software side has eclipsed its consumer operations and is the primary driver of growth. TransitTech revenue more than doubled year-over-year to exceed an annual run rate of $100 million, and the platform is used by more than 500 partners. The company employs about 950 people. Via has expanded via acquisitions, buying Fleetonomy in 2020 and acquiring Remix earlier this year, which now operates as a subsidiary with its own brand. It recently launched a combined product that integrates Remix’s mapping and transit-planning tools with Via’s on-demand transit data. Via builds technology-enabled public mobility solutions that power public transportation by replacing rigid routes and schedules with dynamic, algorithm-driven networks. Its platform uses a real-time matching algorithm to combine multiple passengers or packages headed in the same direction, reducing urban congestion and emissions. Via works closely with more than 100 partners across municipalities, public transit agencies, operators, corporations, schools and universities to optimize transport systems. The company is deployed in more than 70 cities across 20 countries and operates in Europe as ViaVan. Co-founded by Oren Shoval and Daniel Ramot and launched in 2013, Via intends to use new funding to expand its business reach and advance its vision of efficient, accessible and equitable public mobility. Financially, Via completed a $200M Series E at a $2.25 billion valuation. Via is a New York-based shared taxi mobile company that operates an algorithm-driven on-demand shared ride platform. Led by CEO Daniel Ramot and CTO Oren Shoval, Via provides shared ride services in New York, Chicago and Washington D.C., and its technology is licensed by partners around the world. The company’s platform supports smart public transport and a dynamic mass transit system intended to reduce urban traffic volume. Via’s shared ride service in its U.S. markets provides over 1 million rides per month. Following investments from Mercedes‑Benz Vans and Daimler Mobility Services, Via is expanding into Europe through a joint venture with Mercedes‑Benz Vans, with London slated as the first launch this year. The joint venture will also partner with public transit operators across Europe and license Via’s On‑Demand Shuttle Operating System to enable cities to improve mobility without additional infrastructure costs. Via operates an on-demand city carpooling service that dynamically matches passengers to available seats rather than whole vehicles, using algorithms and data to enable smart routing. The service typically runs in New York City and Chicago and usually carries between five and eight passengers per vehicle. Via positions itself between a traditional bus and ride-hailing services, aiming for bus-like price points with greater flexibility. The company describes its product as a “dynamic bus system” designed to reduce single-occupancy vehicle trips and congestion. Its stated future plan is to scale this model as a mass-transit alternative powered by advanced algorithms and data. Financially, Via has been raising institutional capital and announced a Series C that will increase its total invested capital to $137 million when fully closed.

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