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The Venture Codex

Overview

Venture capital firm investing in innovative startups.

Deals · 12mo

4

Stage focus

Seed
Series A
Series B

Geographic focus

Australia
New Zealand

Sector focus

—

Investment portfolio

10rounds
NAMEDATESIZE
HEO
Sep 2026Participated
$26 MSeries B
Arkeus
May 2026Participated
$18 MSeries A
Syenta
Apr 2026Participated
$26 MSeries A
Atomic Tessellator
Apr 2026Participated
$11 MSeed
Syenta
Aug 2025Participated
$9 MSeries A
Arkeus
Mar 2025Participated
$3 MSeed
Q-CTRL
Oct 2024Participated
$86 MSeries B
ExoFlare
Jul 2024Led
$5 MSeed
Arkeus
Dec 2023Participated
$3 MSeed
HEO
Aug 2023Participated
$8 MSeries A
HEO
Sep 2026Participated
$26 MSeries B
Arkeus
May 2026Participated
$18 MSeries A
Syenta
Apr 2026Participated
$26 MSeries A
Atomic Tessellator
Apr 2026Participated
$11 MSeed
Syenta
Aug 2025Participated
$9 MSeries A
Arkeus
Mar 2025Participated
$3 MSeed
Q-CTRL
Oct 2024Participated
$86 MSeries B
ExoFlare
Jul 2024Led
$5 MSeed
Arkeus
Dec 2023Participated
$3 MSeed
HEO
Aug 2023Participated
$8 MSeries A
10
Items
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Insights

Time horizon

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Deal Distribution

Salus Ventures: 10 funding rounds are recorded in the selected participation categories.All available history.
Salus Ventures: 10 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed13
Series A04
Series B02

Monthly Deal Activity

Salus Ventures: 10 deals are recorded across 39 months.All available history.
Salus Ventures: 10 deals are recorded across 39 months. All available history
MonthDeals
Aug '231
Sep '230
Oct '230
Nov '230
Dec '231
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '241
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '251
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '262
May '261
Jun '260
Jul '260
Aug '260
Sep '261
Oct '260

Sector Breakdown

Salus Ventures: AI & Machine Learning is the largest displayed sector by deal count (6 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.

Salus Ventures: AI & Machine Learning is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
AI & Machine Learning6
Space & Frontier Tech6
Hardware & Robotics5
Networks, Cloud & Communication2
Manufacturing2
Enterprise Software1
Food & Agriculture1
Professional Services1
Data, Analytics & IT1

Deal Size Distribution

Salus Ventures: 10 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.

Salus Ventures: 10 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M3
$10M-$25M2
$25M-$50M2
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Salus Ventures: Australia has the largest recorded deal count among the displayed regions (9 deals).All available history.

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

Salus Ventures: Australia has the largest recorded deal count among the displayed regions (9 deals). All available history
RegionDeals
Australia9
New Zealand1
Salus Ventures: 20 co-investors are shown, with In-Q-Tel sharing 4 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

Salus Ventures: Led accounts for 10% and participating for 90% of round participation.All available history.
Salus Ventures: Led accounts for 10% and participating for 90% of round participation. All available history
CategoryDeals (count)Share (%)
Led110%
Participating990%
Salus Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Salus Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1100%
Co-led00%

Team

Dan Bennett

Co-Founder and General Partner