The Venture Codex

Participated · Seed · Feb 2026

Kinfolk provides an AI-driven workforce operations platform that integrates autonomous agents directly into Slack and Microsoft Teams to automate HR and People Operations tasks such as drafting documents, updating HRIS records, and managing employee lifecycle changes. The system combines agentic AI with request management, lifecycle automation, and analytics, enabling HR teams to shift from manual coordination to autonomous execution. By replacing fragmented tools and legacy ticketing systems, Kinfolk aims to reduce repetitive administrative work, increase team capacity, and deliver consistent employee support without adding headcount. The company is positioning its offering as the foundation of a new “Workforce Operations” category that starts with HR but will expand to payroll and IT workflows. With fresh capital, Kinfolk plans to accelerate product development, bolster enterprise-grade capabilities, and scale its go-to-market teams. The London-based startup has raised a total of $8.5 million to date, including the latest seed round.

Participated · Series A · Feb 2026

Capalo AI, founded in 2022, develops an AI-powered platform that aggregates and orchestrates large-scale battery assets and renewable generation into a single virtual power plant. By combining high-quality forecasting data with proprietary AI models, the software continuously optimises battery operation and executes real-time trades across electricity markets. This approach helps mitigate grid volatility caused by increasing wind and solar penetration and rising power demand from data centres and electric vehicles. The company currently operates in Finland, Sweden, Latvia, and Lithuania, where it maximises the value of both stand-alone and co-located storage assets. Management plans to expand into additional European markets by 2026 while growing its customer base. With fresh Series A capital, Capalo AI will scale its optimisation and trading capabilities, aiming to accelerate the deployment of intelligently managed battery storage across Europe. No operating metrics such as revenue or installed capacity were disclosed in the article.

Led · Equity · Aug 2025

Bislab has developed a platform for credit and risk assessment that it says is significantly more accurate than incumbent solutions. The company counts customers such as Intrum, Tietoevry and BankID-selskapet Stø. Founders Martin Holten and Ole Kristian Haug report that their technology has helped clients reduce the number of credit-check rejections by over 60% without increasing risk. The startup plans to use new capital to expand across the Nordics and to build a larger technology organization, with a likely doubling of headcount during the year. Management says the raise will provide enough runway to reach profitability, though the near-term focus remains on growth rather than profit.

Led · Seed · Mar 2025

Qneiform is an employee intelligence platform that aggregates proprietary and public talent data into a single point of analysis for recruiters. The platform combines proprietary data with domain-specific research to give recruiters visibility into candidate suitability, organizational hiring needs, and talent movement trends at the market or competitor level. It provides metrics on organizations' ability to attract, retain, and develop talent and suggests alternative candidate options to improve hiring strategies and decision-making. Founded in Budapest in 2022 with additional offices in London and Amsterdam, the company currently focuses on candidates within the financial services industry. Qneiform has raised €3M in Seed funding to strengthen its data models and platform development. The company plans to expand beyond finance as it further develops its analytics and platform capabilities. Qneiform builds AI-powered software that lets users find their next hire instantly and understand why. The platform leverages advanced AI to enhance accuracy and completeness in talent data, transforming recruitment processes. Founded by Thomas Percy, the company serves more than 25 leading recruitment firms and in-house talent teams across the finance and legal sectors. Qneiform operates from Budapest, London, and the Netherlands. The company plans to use the funding to further develop its platform and expand into new geographies and industry verticals.

Led · Seed · May 2024

QA.tech builds an AI-based testing tool that automates testing of application and SaaS flows, such as logging in, account creation, and adding items to a shopping cart. The solution is offered as a SaaS subscription and its beta is used by approximately 40 customers, including Leya, Upsales, Virtusize, and Shoplab. The company plans a public release after summer and intends to use newly raised funds to continue product development and expand the team. QA.tech was founded in 2023 and the team currently consists of eleven people. The company recently raised additional seed funding, which it will deploy to advance the product and hire. QA.tech builds an AI-powered SaaS tool that automates quality-assurance testing by mocking a real tester to find issues in webpage code. Its tool can test features such as shopping carts, search functions and cookie banners, aiming to reduce human error in test-writing. CEO and co-founder Daniel Mauno Pettersson says the product frees developers to focus on writing code rather than writing tests and addresses the larger testing burden created by AI-assisted development. The startup raised $1 million in a pre-seed round to further develop the tool and expand its developer team. The round was led by byFounders and included angel investors Mikael Johnsson, Vigor Sörman, Petter Nyman and Vilhelm von Ehrenheim. The company is based in Sweden.