The Venture Codex

Participated · Equity · Oct 2025

Luna Robotics is a Kaunas-based defense technology company that builds LunaCam, a tactical FPV camera providing day- and night-time visibility for military drones. The camera integrates software that eases pilot operations, assists in target detection, and boosts overall mission efficiency, and it has already been battlefield-tested in Ukraine and sold in EU and U.S. markets. All manufacturing is carried out in Lithuania, and management highlights fully China-independent electronic and software supply chains. Founded by Lithuanian Riflemen’s Union members Elvinas Kukys and Ramūnas Čereškevičius, the firm leverages the founders’ frontline experience to prioritise soldier safety and operational accuracy. With the new capital, Luna Robotics plans to purchase automation and calibration equipment, scale production capacity, and deepen its sales and partner network across Europe and the United States. Interest from NATO-country buyers and a B2B sales model underpin expectations for rapid growth, although no specific revenue or user metrics were disclosed. Coinvest Capital notes that Luna Robotics fits its strategy of backing locally manufactured defense solutions and has become the fund’s 50th portfolio company.

Participated · Seed · Nov 2024

MannyAI builds AI-powered software that helps brands and factories sync for short, responsive order cycles using a test-and-reorder model to reduce overproduction. Its initial offerings include AI tools for cost negotiation, real-time order allocation, and dynamic capacity management tailored to each factory's capabilities. The platform automates paperwork, tracks fabric, and applies AI for production and capacity planning to make small-batch production profitable without capital-intensive equipment. MannyAI positions its model as an alternative to markdowns and bulk purchasing, aiming to minimise finished goods volumes and align with EU policy momentum on overproduction. The company is operationalising the approach in the apparel and footwear industry, with three factories across Europe currently testing its technology. The recent €1.5M fundraise (including a €240k grant and €1.26M pre-seed) will be used to scale deployments and further develop its AI-driven production capabilities.

Participated · Equity · Oct 2015

Entrenar.me, founded by Diego Moya and Sebastien Borreani, operates an online platform that enables trainers to grow their client base, obtain discounts on training and sports material, and deliver quality services to professionals. The site receives more than one million visits a year. It has surpassed 7,000 professionals, including trainers and sports centers. The company plans to consolidate its position in Spain and Chile and to expand into other South American countries. Entrenar.me recently closed a €405,000 venture capital/business angels round and has raised €650,000 in total to date. The company is based in Valencia. Entrenar.me operates an online marketplace that lets users find, compare and choose from more than 2,500 vetted personal trainers for services including nutritionists, pilates, running, pádel and swimming. The platform also provides tools for trainers to expand their customer base. An integrated e-store offers deals on sports equipment and a Q&A section allows users to ask fitness and diet questions. The company was founded by Diego Moya and Sebastien Borreani and is based in Valencia, Spain. Entrenar.me closed a €205k funding round to support growth and product development. The firm intends to use the funds to expand nationwide and into Latin America and to develop a mobile app.

Participated · Seed · May 2014

Sales Layer is a PIM SaaS platform that enables teams to upload, analyse and enhance product information and data. Products can be showcased on platforms, apps and marketplaces with a few clicks, saving hundreds of working hours each year. The platform offers integrations with Google, Amazon, Shopify and Magento and partners with Google Manufacturer, Amazon Vendor, BigCommerce and Mercado Libre. Clients include Teka, Rexel, ACCIONA and AkzoNobel. The company raised $25m in a Series B round and intends to use the funds to hire across functions and expand international operations. Sales Layer plans to reach new customers and increase its presence in the UK and US markets. Sales Layer offers a cloud-based product information management (PIM) platform that transforms catalogs into a digital, multichannel control center and connects product data to hundreds of channels across the supply chain. The company’s core product is a catalog management platform used by brands and retailers to centralize and distribute information. Founded in 2013 by Álvaro Verdoy and Iban Borràs and based in Valencia, Spain, Sales Layer has developed a multichannel integration focus. The company plans to use new funding to scale international operations and expand its operational infrastructure. With the Series A, Sales Layer announced it would almost triple its team to about 80 employees in the coming months. The company has raised €5m in total venture funding to date. Sales Layer offers a PIM (Product Information Management) platform that uses advanced analytics and automation to enrich, centralize and synchronize product catalogs across omnichannel sales and communication platforms. The company serves customers in Spain, the United States, the United Kingdom, South Africa and Chile, with clients including Porcelanosa, Reebok, Columbia and Le Coq Sportif. Founded in 2013 and headquartered in Valencia, Sales Layer is led by founders Álvaro Verdoy (CEO) and Ibán Borrás (CTO), with additional management Chandhu Nair and David Gobert-Cézanne. The team comprises eight employees and the company plans to increase headcount to strengthen commercial capacity and support international growth. Financially, Sales Layer completed a €1.2 million funding round to support its development and international expansion. Sales Layer offers a cloud-based Product Information Management (PIM) SaaS that automates publishing product information to web, e-commerce, marketplaces, mobile, social networks and print. The platform is positioned as one of the first cloud PIM systems addressing multichannel sales chaos and keeping product data updated across media and formats. The company says its tools help firms increase their audience and obtain analytics on catalog queries to improve product development and sales decisions. Sales Layer plans to use the investment to accelerate its growth and competitiveness. The article frames the PIM sector as traditionally dominated by SAP, Informatica and Oracle but with room for growth as multichannel selling intensifies. Sales Layer is described as a Castellón-based startup.