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The Venture Codex

Overview

Investment firm focused on young digital technology startups.

Founded

2006

Deals ยท 12mo

1

Stage focus

Seed

Geographic focus

Norway
United Kingdom
United States

Sector focus

Information Technology
Oil and Gas
Venture Capital

Investment portfolio

9rounds
NAMEDATESIZE
Dillien
Jan 2026Participated
$0.99 MSeed
Sonair
Sep 2025Participated
$6 MOther Equity
The Human Touch Robotics
Jan 2024Led
$2 MSeed
My Voice
Oct 2020Led
$3 MOther Equity
Encap
Jun 2013Led
$2 MOther Equity
Verdande Technology
Oct 2012Participated
$10 MOther Equity
Numascale
Jul 2012Participated
$3 MOther Equity
Aptomar
Apr 2010Participated
$6 MOther Equity
GasSecure
Mar 2010Participated
$6 MOther Equity
Dillien
Jan 2026Participated
$0.99 MSeed
Sonair
Sep 2025Participated
$6 MOther Equity
The Human Touch Robotics
Jan 2024Led
$2 MSeed
My Voice
Oct 2020Led
$3 MOther Equity
Encap
Jun 2013Led
$2 MOther Equity
Verdande Technology
Oct 2012Participated
$10 MOther Equity
Numascale
Jul 2012Participated
$3 MOther Equity
Aptomar
Apr 2010Participated
$6 MOther Equity
GasSecure
Mar 2010Participated
$6 MOther Equity
9
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

ProVenture: 9 funding rounds are recorded in the selected participation categories.All available history.
ProVenture: 9 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed11
Other Equity25

Monthly Deal Activity

ProVenture: 9 deals are recorded across 200 months.All available history.
ProVenture: 9 deals are recorded across 200 months. All available history
MonthDeals
Mar '101
Apr '101
May '100
Jun '100
Jul '100
Aug '100
Sep '100
Oct '100
Nov '100
Dec '100
Jan '110
Feb '110
Mar '110
Apr '110
May '110
Jun '110
Jul '110
Aug '110
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '121
Aug '120
Sep '120
Oct '121
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '130
May '130
Jun '131
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '201
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '241
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '250
Nov '250
Dec '250
Jan '261
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

ProVenture: Hardware & Robotics is the largest displayed sector by deal count (5 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.

ProVenture: Hardware & Robotics is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Hardware & Robotics5
Clean Energy & Sustainability4
Networks, Cloud & Communication3
Professional Services2
Data, Analytics & IT2
Space & Frontier Tech2
Enterprise Software1
Manufacturing1
Cybersecurity & Privacy1
AI & Machine Learning1
Real Estate & Construction1
Transportation & Logistics1

Deal Size Distribution

ProVenture: 9 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.

ProVenture: 9 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M5
$5M-$10M4
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

ProVenture: Europe has the largest recorded deal count among the displayed regions (7 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

ProVenture: Europe has the largest recorded deal count among the displayed regions (7 deals). All available history
RegionDeals
Europe7
United States2
ProVenture: 11 co-investors are shown, with Investinor sharing 5 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.

ProVenture: 11 co-investors are shown, with Investinor sharing 5 recorded deals. All available history
Co-investorShared deals
Investinor5
Equinor Ventures3
Boitano1
Ecit1
Gnist Capital1
Innovation Norway1
Scale Capital1
SINTEF Ventures1
Spike Ventures1
Viking Venture1
Voima Ventures1

Investment Strategy

ProVenture: Led accounts for 33% and participating for 67% of round participation.All available history.
ProVenture: Led accounts for 33% and participating for 67% of round participation. All available history
CategoryDeals (count)Share (%)
Led333%
Participating667%
ProVenture: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
ProVenture: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead267%
Co-led133%

Team

Ane Christophersen

Investment Partner

Borgar Ljosland

Senior Partner

David Lysne

Senior Partner

Frederik Hvistendahl

Senior Partner

Terje Eidesmo

Managing partner

Tom Arnoy

Senior Partner