The Venture Codex Logo

The Venture Codex

Overview

Funding and supporting promising businesses for economic growth.

Founded

2001

Deals ยท 12mo

10

Stage focus

Series A
Series B

Geographic focus

Belgium
Switzerland

Sector focus

Asset Management
Business Development
Enterprise Software
Financial Services
...

Investment portfolio

95rounds
NAMEDATESIZE
Logibot
Sep 2026Participated
$2 MOther Equity
TUSK IC
Sep 2026Led
$17 MSeries A
Borro
May 2026Participated
$2 MOther Equity
Dropsolid AI
May 2026Participated
$3 MOther Equity
Storm
Mar 2026Participated
$383 MOther Equity
Nexa Legal
Feb 2026Participated
$1 MOther Equity
XFA
Dec 2025Participated
$2 MSeed
Rookoo
Nov 2025Participated
$1 MOther Equity
Azumuta
Nov 2025Participated
$9 MSeries A
Nxgsat
Oct 2025Led
$1 MOther Equity
OnTracx
Sep 2025Participated
$1 MSeed
GoFluo
Aug 2025Participated
$2 MOther Equity
Logibot
Sep 2026Participated
$2 MOther Equity
TUSK IC
Sep 2026Led
$17 MSeries A
Borro
May 2026Participated
$2 MOther Equity
Dropsolid AI
May 2026Participated
$3 MOther Equity
Storm
Mar 2026Participated
$383 MOther Equity
Nexa Legal
Feb 2026Participated
$1 MOther Equity
XFA
Dec 2025Participated
$2 MSeed
Rookoo
Nov 2025Participated
$1 MOther Equity
Azumuta
Nov 2025Participated
$9 MSeries A
Nxgsat
Oct 2025Led
$1 MOther Equity
OnTracx
Sep 2025Participated
$1 MSeed
GoFluo
Aug 2025Participated
$2 MOther Equity
95
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

PMV: 95 funding rounds are recorded in the selected participation categories.All available history.
PMV: 95 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed26
Series A419
Series B116
Series C+25
Other Equity733

Monthly Deal Activity

PMV: 95 deals are recorded across 182 months.All available history.
PMV: 95 deals are recorded across 182 months. All available history
MonthDeals
Sep '111
Oct '110
Nov '111
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '121
Jan '131
Feb '131
Mar '131
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '131
Nov '132
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '142
Jun '140
Jul '140
Aug '140
Sep '141
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '151
Jun '150
Jul '150
Aug '150
Sep '151
Oct '150
Nov '150
Dec '151
Jan '160
Feb '160
Mar '160
Apr '161
May '161
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '161
Dec '161
Jan '172
Feb '170
Mar '171
Apr '170
May '170
Jun '171
Jul '170
Aug '170
Sep '172
Oct '170
Nov '170
Dec '171
Jan '182
Feb '180
Mar '181
Apr '180
May '180
Jun '180
Jul '180
Aug '181
Sep '181
Oct '181
Nov '181
Dec '180
Jan '190
Feb '190
Mar '190
Apr '191
May '191
Jun '190
Jul '192
Aug '190
Sep '190
Oct '190
Nov '190
Dec '191
Jan '201
Feb '200
Mar '202
Apr '201
May '201
Jun '202
Jul '202
Aug '200
Sep '200
Oct '200
Nov '200
Dec '201
Jan '212
Feb '210
Mar '210
Apr '210
May '210
Jun '211
Jul '211
Aug '210
Sep '210
Oct '211
Nov '211
Dec '212
Jan '221
Feb '220
Mar '223
Apr '220
May '221
Jun '221
Jul '221
Aug '221
Sep '220
Oct '220
Nov '220
Dec '222
Jan '230
Feb '231
Mar '230
Apr '230
May '231
Jun '230
Jul '230
Aug '230
Sep '230
Oct '231
Nov '231
Dec '230
Jan '241
Feb '240
Mar '241
Apr '240
May '240
Jun '242
Jul '241
Aug '240
Sep '241
Oct '241
Nov '241
Dec '240
Jan '252
Feb '250
Mar '252
Apr '251
May '250
Jun '250
Jul '250
Aug '251
Sep '251
Oct '251
Nov '252
Dec '251
Jan '260
Feb '261
Mar '261
Apr '260
May '262
Jun '260
Jul '260
Aug '260
Sep '262
Oct '260

Sector Breakdown

PMV: Health & Life Sciences is the largest displayed sector by deal count (40 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.

PMV: Health & Life Sciences is the largest displayed sector by deal count (40 deals). All available history
SectorDeals
Health & Life Sciences40
Enterprise Software27
Space & Frontier Tech14
Networks, Cloud & Communication14
Manufacturing10
Media & Entertainment10
AI & Machine Learning10
Hardware & Robotics8
Clean Energy & Sustainability7
Fintech7
Professional Services7
Consumer & Lifestyle6
Food & Agriculture6
Data, Analytics & IT5
Transportation & Logistics5
Marketing & Advertising5
Real Estate & Construction4
Developer Tools4
Cybersecurity & Privacy3
E-Commerce & Retail2
AR/VR2
Crypto & Blockchain2
Travel & Hospitality1
Education & Workforce1

Deal Size Distribution

PMV: 95 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.

PMV: 95 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M32
$5M-$10M21
$10M-$25M21
$25M-$50M15
$50M-$100M4
$100M-$250M1
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

PMV: Europe has the largest recorded deal count among the displayed regions (88 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

PMV: Europe has the largest recorded deal count among the displayed regions (88 deals). All available history
RegionDeals
Europe88
United States5
Australia1
Canada1
PMV: 20 co-investors are shown, with Gemma Frisius Fund sharing 10 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

PMV: Led accounts for 17% and participating for 83% of round participation.All available history.
PMV: Led accounts for 17% and participating for 83% of round participation. All available history
CategoryDeals (count)Share (%)
Led1617%
Participating7983%
PMV: Single-lead accounts for 56% and co-led for 44% of lead dynamics.All available history.
PMV: Single-lead accounts for 56% and co-led for 44% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead956%
Co-led744%

Team

Koen Kennis

Director

Raf Suys

Director

Roald Borre

Business and Fund Manager