The Venture Codex Logo

The Venture Codex

Overview

Early-stage financing and mentorship for Belgian startups.

Founded

2022

Deals ยท 12mo

10

Stage focus

Seed

Geographic focus

Belgium
United Kingdom
United States

Sector focus

Finance
Financial Services

Investment portfolio

28rounds
NAMEDATESIZE
Falcon
Oct 2026Led
$2 MSeed
Conveo
Sep 2026Participated
$50 MSeries A
Polysense
Jul 2026Participated
$11 MSeed
WARREN
Jun 2026Participated
$12 MSeed
Scope
May 2026Participated
$20 MOther Equity
Holmes
May 2026Led
$1 MSeed
Ringtime
Mar 2026Participated
$2 MSeed
pleasefix.ai
Feb 2026Participated
$2 MSeed
Mindoo
Dec 2025Participated
$6 MSeed
Donna
Dec 2025Participated
$5 MSeed
Belfort
Sep 2025Participated
$6 MSeed
Eagl
Sep 2025Led
$0.98 MOther Equity
Falcon
Oct 2026Led
$2 MSeed
Conveo
Sep 2026Participated
$50 MSeries A
Polysense
Jul 2026Participated
$11 MSeed
WARREN
Jun 2026Participated
$12 MSeed
Scope
May 2026Participated
$20 MOther Equity
Holmes
May 2026Led
$1 MSeed
Ringtime
Mar 2026Participated
$2 MSeed
pleasefix.ai
Feb 2026Participated
$2 MSeed
Mindoo
Dec 2025Participated
$6 MSeed
Donna
Dec 2025Participated
$5 MSeed
Belfort
Sep 2025Participated
$6 MSeed
Eagl
Sep 2025Led
$0.98 MOther Equity
28
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Syndicate One: 28 funding rounds are recorded in the selected participation categories.All available history.
Syndicate One: 28 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed320
Series A02
Other Equity21

Monthly Deal Activity

Syndicate One: 28 deals are recorded across 54 months.All available history.
Syndicate One: 28 deals are recorded across 54 months. All available history
MonthDeals
May '221
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '221
Dec '220
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '231
Nov '231
Dec '230
Jan '240
Feb '241
Mar '240
Apr '240
May '240
Jun '243
Jul '240
Aug '240
Sep '240
Oct '241
Nov '240
Dec '241
Jan '250
Feb '251
Mar '252
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '254
Oct '250
Nov '250
Dec '252
Jan '260
Feb '261
Mar '261
Apr '260
May '262
Jun '261
Jul '261
Aug '260
Sep '261
Oct '261

Sector Breakdown

Syndicate One: AI & Machine Learning is the largest displayed sector by deal count (15 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.

Syndicate One: AI & Machine Learning is the largest displayed sector by deal count (15 deals). All available history
SectorDeals
AI & Machine Learning15
Enterprise Software12
Professional Services10
Marketing & Advertising5
Fintech4
Data, Analytics & IT3
Clean Energy & Sustainability2
Transportation & Logistics2
Networks, Cloud & Communication2
Developer Tools2
E-Commerce & Retail1
Cybersecurity & Privacy1
Real Estate & Construction1
Space & Frontier Tech1
Hardware & Robotics1
Manufacturing1
Health & Life Sciences1
Food & Agriculture1

Deal Size Distribution

Syndicate One: 28 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.

Syndicate One: 28 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M18
$5M-$10M4
$10M-$25M5
$25M-$50M0
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Syndicate One: Europe has the largest recorded deal count among the displayed regions (21 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Syndicate One: Europe has the largest recorded deal count among the displayed regions (21 deals). All available history
RegionDeals
Europe21
United States6
801111
Syndicate One: 20 co-investors are shown, with Pitchdrive sharing 9 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

Syndicate One: Led accounts for 18% and participating for 82% of round participation.All available history.
Syndicate One: Led accounts for 18% and participating for 82% of round participation. All available history
CategoryDeals (count)Share (%)
Led518%
Participating2382%
Syndicate One: Single-lead accounts for 60% and co-led for 40% of lead dynamics.All available history.
Syndicate One: Single-lead accounts for 60% and co-led for 40% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead360%
Co-led240%

Team

Anna Thomlinson

Member at Syndicate One

Arnaud Bakker

Business Management