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The Venture Codex

Overview

Venture capital firm focused on private investors and family offices.

Founded

2011

Deals · 12mo

0

Links

Stage focus

Series A

Geographic focus

Spain

Sector focus

Investment portfolio

  • Desfase

    Participated · Equity · May 2023

    Desfase is a delivery-first kitchen concept that produces 100% delivery meals from a digitally driven, industrial and scalable operation. Its menu blends Spanish, American, Italian and healthy cuisines and is designed to adapt to different delivery consumption contexts. The company cooks without fumes, which the team says reduces CAPEX for openings by up to 60% and simplifies regulatory requirements. Desfase reported nearly €1.5M in revenue in 2022. The stated growth plan is to reach €700–740K in revenue in Q1 2024 with monthly profits of €100–140K, after which the company will expand nationally to Sevilla, Málaga, Valencia, Zaragoza, Alicante and Valladolid. Because its processes are highly industrialized, Desfase plans later international openings in European cities such as Berlin, Lisbon and Rome while continuing to produce food from Madrid.

  • Club Clínico

    Participated · Series A · Oct 2022

    Club Clínico is a platform that connects medical-supplies providers with private clinics. The startup was originated in 2020. Its core product is a marketplace enabling clinics to source medical material and for suppliers to reach and sell to clinics; management plans to roll out new functionalities and services. The company says the fresh capital will be used to continue developing and improving the current product and to launch features that help clinics improve daily management and profitability while helping suppliers grow. Club Clínico intends to begin internationalization in the first half of the following year. Planned new services include patient financing to help clinics attract new customers and improve retention. Financially, it completed a €2.1M pre‑Series A equity round and also secured €400k in debt.

  • Onyze

    Led · Equity · Apr 2022

    Onyze is a Madrid, Spain-based cryptocustodian that provides a crypto-custody service. The company was founded three years ago by Ángel Luis Quesada, Eneko Knörr and Álvaro Alcañiz Rubio. Onyze has reached agreements with partners such as Renta 4 Banco and Allfunds and is running projects with entities including CaixaBank. In April 2022 the company raised €1.2M in a second round of funding led by The Valley Venture Capital. The round is intended to support the development of new DeFi solutions, staking and lending products, the hiring of professional profiles, and international expansion during 2022. The company framed the financing as an opportunity to grow across its three main areas of focus.

  • Assembler Institute of Technology

    Participated · Equity · Mar 2022

    Assembler Institute is a Barcelona-based coding school offering master's and executive programs that are 100% project-based and designed by programmers and CTOs to train quality programmers. The company focuses on practical, project-driven instruction to form programmers of high caliber. It closed a €1 million financing round classified as venture capital. The funds will be used to accelerate growth in Spain and to exceed 1,000 students within the next two years. The article lists the firm's sector as Internet/IT and notes its locality as Barcelona. No additional financial metrics or user numbers were disclosed in the article.

  • Trucksters

    Participated · Series A · Mar 2022

    Trucksters operates a relay-based long‑haul trucking service that keeps trucks continuously moving by swapping semitrailers at relay points, reducing transit times and allowing drivers to return home more often. The company has delivered airline-like efficiency across four corridors, including links from Spain to Dortmund, Benelux/West Germany, Poland, and a Barcelona/Northern Spain–UK route that cuts transit time by roughly 50%. In 2022 Trucksters moved more than 600 fully loaded trucks and executed nearly 2,000 relays; its platform is used by over 600 customers, including Samsung, Bosch, LG, DHL and Nestlé. Founded in 2018 and based in Madrid, Trucksters has raised €54 million across three funding rounds. The newly announced €33 million Series B will help the company electrify its routes and aim to become one of Europe’s first electric long‑haul operators. Management and investors highlight electrification as a strategic priority and see relay systems as enabling future safety, electrification and autonomous solutions. Trucksters is a Madrid-based fleet management startup that operates a relay system platform for long-haul trucking. Its platform is used by over 600 Spanish and international companies, including Kimberly Clark, the DPD Group, Amazon and SEUR. Currently present in Germany, Belgium and Poland, the company plans to expand operations into the Netherlands and Italy this year. Trucksters says it aims to improve drivers' living conditions and enable earlier payment for rides as part of making logistics more sustainable and humane. Financially, the company closed its Series A at €14.3 million after an €8 million extension to the initial €6.3 million tranche raised in July 2021. The new funding will be used to triple its technology team and continue international expansion. By 2022 the platform plans to increase turnover sixfold to €30 million. Trucksters is a freight transport operator that provides long-distance full-truckload (FTL) service using an innovative truck relay system powered by big data and artificial intelligence. Its relay model keeps trucks continuously on the move, reducing long-distance road transit time by up to 50%. The company, founded in 2018 and headquartered in Madrid, operates from Madrid and Valencia and has presence in the Netherlands, Belgium and Greece, running three major corridors connecting Spain, Germany, France, Benelux and Poland. Trucksters is used by more than 500 clients and plans to expand internationally into Benelux, Germany and Poland, offering a wider range of routes. It intends to use the €6.3M Series A to grow the team and open new offices in Galicia and Dortmund, Germany. Trucksters offers a relay-based long‑haul trucking service that uses AI and Big Data to coordinate driver, truck and cargo handoffs so trucks stay continuously moving and delivery times can be cut by up to 50%. The system staggers 4.5‑hour driving shifts and swaps trailers to allow drivers to sleep at home, improving working conditions while lowering transit times and costs versus traditional services. The company reported monthly growth of about 40% during the year and already serves customers such as Grupo Seur, ALPI, Kimberly‑Clark, Lesaffre, Campofrío and Bofrost. Trucksters plans to consolidate two international corridors (the Mediterranean and the Central corridor) and then expand gradually into Poland and other central and eastern European markets. The new funding will also be used to invest further in technology to add more intelligence to the relay system. The Valley Venture Capital will additionally provide operational expertise and access to its digital ecosystem alongside the financial support. Trucksters develops a platform to coordinate long‑distance freight using Artificial Intelligence and Big Data to optimize transport. Its operating model uses relay driving—a driver drives ~4.5 hours, then the load is transferred so drivers can return home—reducing time away from home for professional drivers. The company says it will invest recent funds entirely in technology to continue developing its coordination platform. Trucksters captured €250,000 through the Programa Neotec promoted by the CDTI. Prior to this award it had raised more than €900,000 in venture rounds led by Big Sur Ventures and Metavallon VC. Other backers named in the articles include Porsche, Axel Springer (APX), Grupo Undanet, Grupo Andrés and corporate investors Mario Vicente, Carlos Severino, Sacha Michaud and Telmo Pérez. The company operates in the transportation sector and is based in Spain.

Insights

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