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The Venture Codex

Textbook VC

Remote Office, Sydney, New South Wales, 2000, AU

Overview

Textbook Ventures is a venture capital firm that supports and invests in early-stage startups.

Total investments
4
Lead investments
0
Investments · 12mo
2
Active investors
0
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Investment portfolio

  • Helix Earth Technologies

    Participated · Seed · Mar 2026

    Helix Earth Technologies, founded in 2022 and spun out of Rice University, builds hardware rooted in proprietary liquid-gas chemistry and aerospace technology co-invented at NASA to address energy efficiency and humidity control in commercial HVAC and adjacent markets. The company is developing a retrofit add-on that separates temperature management from moisture control and targets a large portion of the estimated $150 billion commercial air conditioning market. Helix has been incubated at Greentown Labs since 2023 and has received a Phase II SBIR from the NSF plus grants from the U.S. Department of Energy. With $12 million raised in an oversubscribed Seed 2 round led by Veriten, Helix plans to scale manufacturing and accelerate deployment of its first product. The company has attracted industry attention and awards, including Cleantech 50 to Watch and first place in the 2025 SXSW Pitch competition, positioning it to pursue broader industrial filtration and CO2 capture opportunities.

  • Rexi

    Participated · Seed · Mar 2026

    Rexi provides an AI-native platform that centralizes financial data sources (including Stripe, Adyen, PayPal, NetSuite, QuickBooks and traditional bank accounts) to automate transaction reconciliation. The platform applies no-code reconciliation rules and an AI agent that resolves exceptions while human reviewers approve, and the company reports matching rates of 99.7% and the ability to reduce processes that took days into minutes. Rexi holds SOC 2 Type II certification and currently operates with a seven-person team based in Buenos Aires and a commercial office in New York. The startup was founded in January 2025 by executives with backgrounds at Mercado Libre, Pomelo, FJ Labs and Naranja X. With the proceeds of its $1.2M pre-seed round closed in July 2025, Rexi plans to strengthen product development, scale technical and commercial teams, expand customer acquisition across Latin America and North America, and pursue a Seed raise in the second half of 2026.

  • Elm AI

    Participated · Equity · Apr 2025

    Elm AI offers an AI-driven system of record for supplier sustainability, performance, and risk data, automating complex workflows for supply-chain teams. The platform is designed to help companies achieve greater efficiency and sustainability in their supply chain operations. Elm AI is a Cornell University spinout and was founded in 2023 by Advait Raykar, Aparajita Thakker, Ken He, and Eesha Khanna. The company intends to use recent funding to expand operations and accelerate development efforts. The article does not disclose revenue or user metrics.

  • Olokun Minerals

    Participated · Seed · Feb 2023

    Olokun Minerals develops a process to capture desalination brine before it reaches the ocean and extract useful compounds and metals from that stream. The company converts recovered materials into products used in concrete, fertilizers, and batteries, and works with partners in water treatment, energy, and mining to identify recoverable metals. Olokun positions its technology as a way to reduce harm to marine life while supplying critical minerals for multiple supply chains. Led by CEO Lacey Reddix and CTO Pilanda Watkins-Curry, the team is scaling operations to meet rising water demand and growing interest in desalination. The company intends to expand operations and business reach using recently raised capital. Financial metrics such as revenue or users were not disclosed in the article.

Team

No current team members are available.