The Venture Codex

Participated · Equity · Dec 2024

Nexus W2V develops waste-to-value infrastructure and integrated services that divert organic waste into renewable natural gas (RNG), compost products, and biochar. Its flagship Kingsbury Bioenergy Complex in La Porte, Indiana will process about 200 tons of source-separated organics daily and inject RNG into the local pipeline. The company offers end-to-end waste remediation for haulers, producers, and utilities and also plans full-scale municipal solid waste sorting and recovery systems. Nexus W2V says the Kingsbury project is the first of a series of nationwide projects and will serve as a blueprint for future facilities across North America. The facility is expected to be fully operational by the end of 2026 and to create roughly 35 local jobs. The company is led by industry veterans in industrial design, bioenergy development, and regenerative agriculture and has secured new capital to move construction forward.

Participated · Debt Financing · Aug 2021

Founded in 2018, Decagon operates a six-month software-engineering program that selects candidates strictly on merit and finances their tuition through an income-sharing model or a bank-backed loan. The roughly ₦2 million (~$4,000) tuition can be covered up-front by students or via a Pay-After-Learning plan that bundles laptops, accommodation, internet, meals and a stipend, with repayment of ₦3 million (~$6,000) over three years after employment. Demand for the program is enormous—more than 80,000 applications—but only 440 candidates (0.55%) have been accepted to date. Decagon boasts a 100 % job-placement rate for graduates, a 100 % loan-repayment record, and a 410 % average post-training salary increase. The company positions itself at the intersection of edtech, fintech and the future of work, tackling the global under-representation of Black tech talent starting with Nigeria. It plans to use new capital to scale cohort sizes, expand remote job placements, and raise female participation from 25 % to 50 % over the next three years. Management claims Decagon is already profitable and growing revenue at roughly 500 % per year.