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The Venture Codex

Overview

Technology-focused venture capital firm investing in early-stage startups.

Founded

2010

Deals · 12mo

2

Stage focus

Seed
Series A

Geographic focus

France
Germany
Russian Federation
United States

Sector focus

Artificial Intelligence (AI)
Enterprise Software
Finance
FinTech
...

Investment portfolio

108rounds
NAMEDATESIZE
Axiom Trust
Mar 2026Participated
$12 MOther Equity
Enlightra
Dec 2025Participated
$15 MOther Equity
Sydecar
Jan 2025Participated
$11 MSeries A
Ubitium
Nov 2024Led
$4 MSeed
Twenty
Nov 2024Led
$5 MSeed
Keep
Oct 2024Led
$3 MSeed
SeeChange
Nov 2023Participated
$10 MSeed
PandasAI
Oct 2023Participated
$1 MSeed
Akhetonics
Jul 2023Led
$3 MOther Equity
Welinq
Jan 2023Participated
$5 MSeed
Altris.AI
Dec 2022Led
$1 MOther Equity
Chattermill
Dec 2022Participated
$26 MSeries B
Axiom Trust
Mar 2026Participated
$12 MOther Equity
Enlightra
Dec 2025Participated
$15 MOther Equity
Sydecar
Jan 2025Participated
$11 MSeries A
Ubitium
Nov 2024Led
$4 MSeed
Twenty
Nov 2024Led
$5 MSeed
Keep
Oct 2024Led
$3 MSeed
SeeChange
Nov 2023Participated
$10 MSeed
PandasAI
Oct 2023Participated
$1 MSeed
Akhetonics
Jul 2023Led
$3 MOther Equity
Welinq
Jan 2023Participated
$5 MSeed
Altris.AI
Dec 2022Led
$1 MOther Equity
Chattermill
Dec 2022Participated
$26 MSeries B
108
Items
...
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Insights

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Deal Distribution

Runa Capital: 108 funding rounds are recorded in the selected participation categories.All available history.
Runa Capital: 108 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed1110
Series A2311
Series B38
Series C+12
Other Equity2216
Debt01

Monthly Deal Activity

Runa Capital: 108 deals are recorded across 191 months.All available history.
Runa Capital: 108 deals are recorded across 191 months. All available history
MonthDeals
Dec '101
Jan '110
Feb '110
Mar '110
Apr '111
May '110
Jun '111
Jul '110
Aug '110
Sep '110
Oct '112
Nov '110
Dec '111
Jan '120
Feb '121
Mar '121
Apr '120
May '120
Jun '120
Jul '120
Aug '121
Sep '122
Oct '122
Nov '121
Dec '121
Jan '131
Feb '133
Mar '131
Apr '130
May '130
Jun '131
Jul '131
Aug '131
Sep '130
Oct '132
Nov '132
Dec '131
Jan '141
Feb '141
Mar '140
Apr '141
May '141
Jun '140
Jul '140
Aug '140
Sep '141
Oct '141
Nov '140
Dec '141
Jan '151
Feb '151
Mar '151
Apr '150
May '150
Jun '150
Jul '150
Aug '151
Sep '151
Oct '150
Nov '150
Dec '150
Jan '160
Feb '162
Mar '160
Apr '161
May '160
Jun '161
Jul '160
Aug '160
Sep '160
Oct '161
Nov '161
Dec '160
Jan '170
Feb '171
Mar '170
Apr '171
May '170
Jun '172
Jul '170
Aug '170
Sep '170
Oct '172
Nov '170
Dec '171
Jan '181
Feb '180
Mar '181
Apr '181
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '193
Feb '191
Mar '190
Apr '190
May '190
Jun '191
Jul '191
Aug '190
Sep '191
Oct '191
Nov '192
Dec '191
Jan '201
Feb '200
Mar '203
Apr '200
May '204
Jun '201
Jul '200
Aug '200
Sep '200
Oct '201
Nov '200
Dec '201
Jan '212
Feb '210
Mar '212
Apr '211
May '211
Jun '211
Jul '210
Aug '210
Sep '210
Oct '211
Nov '210
Dec '212
Jan '221
Feb '223
Mar '222
Apr '220
May '220
Jun '221
Jul '220
Aug '220
Sep '220
Oct '221
Nov '220
Dec '222
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '231
Aug '230
Sep '230
Oct '231
Nov '231
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '241
Nov '242
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '251
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Runa Capital: Enterprise Software is the largest displayed sector by deal count (62 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.

Runa Capital: Enterprise Software is the largest displayed sector by deal count (62 deals). All available history
SectorDeals
Enterprise Software62
Networks, Cloud & Communication31
Fintech24
Data, Analytics & IT22
AI & Machine Learning15
Developer Tools15
E-Commerce & Retail10
Hardware & Robotics10
Marketing & Advertising10
Education & Workforce9
Media & Entertainment9
Health & Life Sciences9
Professional Services9
Social & Community Platforms8
Space & Frontier Tech5
Transportation & Logistics5
Cybersecurity & Privacy3
Gaming & eSports2
Travel & Hospitality1
Consumer & Lifestyle1
Crypto & Blockchain1
Manufacturing1

Deal Size Distribution

Runa Capital: 108 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.

Runa Capital: 108 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M56
$5M-$10M20
$10M-$25M20
$25M-$50M6
$50M-$100M4
$100M-$250M2
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Runa Capital: United States has the largest recorded deal count among the displayed regions (49 deals).All available history.

Top 7 of 7 regions; European countries are grouped as Europe.

Runa Capital: United States has the largest recorded deal count among the displayed regions (49 deals). All available history
RegionDeals
United States49
Europe43
Russian Federation9
Canada3
Israel2
Zambia1
82001
Runa Capital: 20 co-investors are shown, with Point Nine Capital sharing 6 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

Runa Capital: Led accounts for 56% and participating for 44% of round participation.All available history.
Runa Capital: Led accounts for 56% and participating for 44% of round participation. All available history
CategoryDeals (count)Share (%)
Led6056%
Participating4844%
Runa Capital: Single-lead accounts for 72% and co-led for 28% of lead dynamics.All available history.
Runa Capital: Single-lead accounts for 72% and co-led for 28% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead4372%
Co-led1728%

Team

Andre Bliznyuk

General Partner

Bogdan Semenov

Data Analyst

Dmitry Chikhachev

General Partner & Co-Founder

Dmitry Galperin

General Partner

Ilya Zubarev

Co-Chairman & Co-founder

Jinal Jhaveri

Venture Partner

Konstantin Vinogradov

General Partner

Michael Fanfant

General Partner

Serg Bell

Co-Chairman & Co-Founder