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The Venture Codex

Sancus Ventures

415 S Murphy Ave, Sunnyvale, CA, 94086, United States

Overview

Investing in the next generation of software infrastructure, powered by AI and Blockchain

Total investments
9
Lead investments
0
Investments · 12mo
3
Active investors
1

Sector focus

  • Artificial Intelligence (AI)
  • Blockchain
  • Infrastructure
  • Software
  • Venture Capital
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Investment portfolio

  • Silicon Data

    Participated · Series A · Aug 2026

    Silicon Data provides pricing indices, performance benchmarks, forward curves and market intelligence for the AI compute economy, aimed at buyers, sellers, exchanges and financial institutions. It has built a portfolio of nine financial-grade indices covering GPUs and LLMs and offers alternative datasets that track supply, demand, utilization, pricing and economics across compute. The company has over 1,000 registered users and counts semiconductor manufacturers, AI model builders and financial institutions among its daily users. SiliconMark, a product funded by the Series A, benchmarks real-world GPU cluster performance to normalize output differences driven by networking, topology and configuration. Silicon Data spent two years building the pricing and performance history needed to support a futures market and is positioned to be the reference layer for cash-settled GPU futures being planned by CME Group. Financially, the company raised a $4.7 million seed in March 2025 and completed a $30.5 million Series A initial closing to fund its next phase of product and market expansion.

  • CipherOwl

    Participated · Seed · Oct 2025

    CipherOwl has built an AI-powered intelligence layer that automates end-to-end crypto compliance for enterprises by screening millions of on-chain transactions, investigating suspicious activity, and producing audit-ready reports. Its "SR3 stack"—Screening, Reasoning, Reporting, and Research—is coordinated by an AI orchestration layer to ensure every decision is evidence-backed and regulator-friendly. The product delivers reproducible, explainable outcomes that transform weeks-long manual reviews into minutes, addressing the growing compliance burden as on-chain volumes are projected to rise 100-fold by 2030. While still in stealth, the company counts Coinbase, OKX, 0x, Cobo, and Story Protocol as customers with production workloads. Founded by former leaders of Coinbase’s on-chain data and compliance platform, CipherOwl is headquartered in San Francisco. The fresh $15 million seed financing will fund engineering hires, broaden blockchain network coverage, and deepen institutional and public-sector partnerships. Longer-term, the team plans to support additional chains and enhance its AI agents so both humans and autonomous systems can request real-time compliance checks via APIs. No revenue figures were disclosed, but the company positions itself as critical infrastructure for the next wave of institutional crypto adoption.

  • ALIGNMT AI

    Participated · Seed · Aug 2025

    ALIGNMT AI provides a comprehensive AI governance and risk-management platform that safeguards artificial intelligence across its lifecycle for healthcare organizations. The platform automates compliance workflows, continuous risk monitoring, and transparency reporting, consolidating fragmented processes into a unified, scalable system. It is certified by the Coalition for Healthcare AI and is used by healthcare institutions. Led by CEO Andreea Bodnari and based in New York City, the company plans to expand its engineering team and accelerate product development. ALIGNMT AI also intends to scale partnerships with healthcare organizations to help deploy AI responsibly while maintaining operational efficiency and patient safety. Financially, the company recently completed a $6.5M seed funding round.

  • Opennote

    Participated · Equity · Jul 2025

    Opennote is an interactive AI learning ecosystem that enables students to personalize and engage with their course content. The platform lets users consolidate class materials and transform them into AI-generated videos, diagrams, and workflows. Founded in 2016 and headquartered in San Francisco, Opennote currently serves users in nearly 100 countries and maintains a campus ambassador program across top North American institutions. In April 2025 the company raised $850,000 in an all-equity round. Opennote will use the funds to support international expansion, scale operations beyond California’s Bay Area, and hire technical talent. The product is positioned in EdTech as an AI-powered personalization platform aimed at improving student engagement with course material.

  • Pax

    Participated · Seed · Apr 2025

    Pax develops an AI-powered duty drawback platform that partners with customs brokers and technology providers to streamline the refund process for importers and exporters. Its proprietary refund-maximization algorithm analyzes shipment data to identify every recoverable dollar and accelerate repayment timelines. The solution is positioned for companies of all sizes, promising seamless collaboration across stakeholders. Led by CEO Penny Chen, Pax emphasizes automating previously manual compliance steps to reduce errors and boost cash recovery. The company plans to use newly secured capital to hire additional staff, enhance its platform’s capabilities, and broaden market coverage. To date, Pax has raised $4.5 million in outside funding, reflecting early investor confidence in its approach to customs duty recovery.

Team