The Venture Codex

Participated · Seed · Jul 2026

MagicPort develops a maritime port-call platform that automates workflows and provides real-time visibility over tasks, activities and invoices to facilitate cargo operations. The company intends to expand its intelligence and automation systems for shipping using proceeds from the recent financing. MagicPort raised US$3 million in a pre-seed round that included participation from multiple venture investors. The platform is positioned to streamline port calls and improve operational transparency for port and shipping stakeholders. The article does not report revenue, user metrics, a founding year, or a location.

Participated · Equity · Jun 2026

KLIPY offers an expression API layer that enables developers to integrate GIFs, memes, stickers, clips, and AI media into social and creative platforms. Its platform provides developer infrastructure, creator tools, content rights and distribution controls, and monetization solutions including contextual ad tools. The company cites integrations with apps and platforms such as BeReal, Baidu, Canva, Figma, and Microsoft SwiftKey, and reports nearly 10,000 developers and 40,000 creators using its API, which processes billions of requests weekly. KLIPY plans to use the recent funding to expand product, engineering, and go-to-market teams, broaden platform integrations, and build new monetization and creative tools for creators and content studios. It was founded by serial entrepreneurs Givi Beridze, Frank Nawabi, and Waska Chaduneli; Nawabi previously founded GIF-sharing platform Tenor. KLIPY positions itself as a privacy-conscious expression layer for the AI era focused on enabling expressive media at scale.

Led · Seed · Jul 2024

DealCart operates a social-commerce, gamified platform to bring low-cost everyday necessities to consumers. The company partners with regionally produced brands and sources products directly from manufacturers to reduce costs. It targets low- and middle-class Pakistani households who spend a large share of income on necessities, and younger, digitally savvy shoppers who favor online purchasing. DealCart raised $3 million in seed funding to expand reach and make essentials more affordable and accessible. The funding is intended to help the company scale, fill market gaps in Pakistan’s underdeveloped e-commerce sector, and increase digital transactions. The article cites Pakistan’s inflation above 30% in 2023 and the State Bank of Pakistan’s RAAST instant payment platform as contextual factors that could affect the company’s growth. DealCart is a social-commerce platform enabling price-conscious Pakistani consumers to join or create group buys that unlock lower prices when a purchase threshold (usually about four people) is met within 24 hours. The app emphasizes social sharing—primarily via WhatsApp—and gamification features such as progress updates, referral credits, spin-the-wheel promotions and lucky draws to drive engagement and lower customer acquisition costs. DealCart sources products directly from manufacturers and local brands, purchases and warehouses inventory, and offers same-day delivery for group buys (delivered by 11 p.m.). Available items include staples like cooking oil, rice, wheat, pulses, tea, milk, baby formula, diapers, beverages, produce and household care products. The founders say the target market already spends upwards of 50% of household income on groceries; DealCart reports $1.1M in annual recurring revenue. The startup plans to use new funding to build its tech and product teams and to grow its brand while focusing on sustainable, tech-driven growth rather than aggressive discounting.

Participated · Seed · Apr 2023

Pastoral develops animal-tracking and farm-monitoring software that includes virtual fencing, live animal tracking, satellite crop information and localised weather forecasts. Its virtual fencing lets a farmer draw an area on a phone; when an animal crosses the invisible boundary, the animal's collar plays a loud sound and sends a notification to the farmer. The platform delivers live tracking, satellite crop data and localised weather to help livestock producers optimise operations and prepare for forthcoming carbon-footprint measurement requirements. Pastoral was designed in partnership with the United Nations Development Programme and is a graduate of UNDP's Cultiv@te sustainable agriculture incubator. The startup is London-based and plans to grow its presence in North America, Europe and Central Asia within the next year. It recently secured £205,000 in pre-seed funding to support those expansion plans.

Participated · Series A · Apr 2022

Abhi is a company that recently secured new financing. The article does not reveal the firm’s industry, product line, or business model. No details are provided on its user base, revenue, or other key operating metrics. The company’s year of founding, headquarters, and leadership team are also not mentioned. The only concrete information available is that it has obtained additional capital, suggesting a need to fund growth or extend runway. Beyond the funding headline, no future plans or strategic initiatives are described.