The Venture Codex Logo

The Venture Codex

Smedvig Capital

Ryger House, 11 Arlington Street, London, SW1A 1RD, United Kingdom

Overview

Smedvig Capital is a private equity and venture capital firm that specializes in management consulting and finance services.

Total investments
38
Lead investments
25
Investments · 12mo
6
Active investors
6

Sector focus

  • Finance
  • Management Consulting
  • Venture Capital
Visit website

Investment portfolio

  • conmeet

    Led · Seed · Aug 2026

    Founded in 2023 by Benedikt Kisner, Leandro Ananias and Lennart Eckerlein, conmeet has built a platform that replaces fragmented software tools with a single system based on a shared data foundation. The platform targets mid-sized trades and construction companies with roughly 10 to 500 employees and consolidates customer contact, procurement, project execution, documentation and payment workflows. conmeet’s architecture is designed specifically for AI, enabling AI to be embedded directly into operational processes to automate recurring tasks and increasingly enable autonomous workflow execution. By providing a real-time shared source of information, the company aims to eliminate duplicate data entry, manual handovers and fragmented workflows between office teams and construction sites. The company plans to use its new seed funding to expand across the DACH region, further develop its AI capabilities and grow its team.

  • Tequipy

    Led · Equity · May 2026

    Tequipy operates a local-first logistics and IT operations network that coordinates hundreds of local partners to source, configure, deliver, service, and retrieve employee devices without central warehousing or cross-border shipping. The company automates hardware-focused global IT operations to replace fragmented manual workflows involving local suppliers, couriers, customs brokers and warehouses. Tequipy serves more than 150 fast-growing tech customers, including Booksy, Connecteam, Gigs, ICEYE, RemoFirst, and Taptap Send, and reported 7x growth in the last year. Having started with hardware because it is the hardest part to automate, the company plans to expand its platform into software and security operations covering accounts, licences, access, and employee lifecycle processes. Its stated goal is to remove around 80% of manual operational work from global IT teams.

  • Embankment

    Participated · Series A · Jan 2026

    Embankment is a fintech company headquartered in Denmark. The article does not disclose specific details about its core product, customer base, or target market, only noting that the firm operates within financial technology. In May 2024, the company secured a €15 million Series A round to support its next phase of growth. The fresh capital strengthens Embankment’s balance sheet and provides resources for continued product and market development, although the article does not outline concrete expansion plans. No historical operating metrics such as revenue, user numbers, or profitability were provided. Likewise, the article does not mention prior funding, suggesting this Series A may be the company’s first institutional round. Overall, Embankment remains early-stage and well-capitalized following this raise.

  • roclub

    Led · Series A · Oct 2025

    roclub offers a cloud- and AI-based teleoperation system that plugs into any monitored medtech device via a smartphone-sized connector, giving technologists secure, real-time remote control of scanners from any manufacturer. The platform supports full video and audio links between on-site staff, remote operators and patients, enabling hospitals and imaging centres to stretch scarce technologist resources, cut downtime and raise scanner utilisation. AI-assisted workflows aim to shorten patient wait times and improve diagnostic quality while allowing technologists flexible, hybrid-work setups. Founded in 2022 by Dr Matthias Issing and André Glardon after operating a large European diagnostics network, the company now serves major hospitals and outpatient providers in 11 countries. Management plans to establish roclub as the global benchmark for medtech teleoperation and to build a marketplace that matches healthcare organisations with qualified remote technologists. The new capital will support entry into the US market, continued AI-driven platform development and a headcount doubling by 2026. Prior to the current round, the company had raised a seed investment from Speedinvest and angels; no revenue figures were disclosed.

  • Holdbar

    Led · Series A · Sep 2025

    Founded in 2022 by Lasse Kjær and Lars Rasmussen, Understory offers an AI-driven software platform that helps creators and operators of experiences manage bookings, payments, and marketing from a single system. The software automates workflows, allowing experience providers to focus on delivering and scaling their offerings. Understory already serves customers in ten countries and positions itself as an infrastructure layer for the growing experience economy. The company’s vision is to make it easier for people to create and share meaningful experiences. With fresh capital, it plans to accelerate product development, strengthen its infrastructure, and expand internationally. While specific revenue or user figures were not disclosed, the recent funding underscores investor confidence in the firm’s growth trajectory and market opportunity.

Team