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The Venture Codex

Overview

Early stage VC fund investing in European start-ups across various sectors.

Founded

2018

Deals · 12mo

6

Stage focus

Seed
Series A

Geographic focus

Estonia
Finland
Germany
Spain
...

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

40rounds
NAMEDATESIZE
Aampere
Jul 2026Participated
$5 MSeed
GitHits
Jun 2026Participated
$2 MSeed
Webel
Mar 2026Led
$5 MSeries A
Bahn Express
Dec 2025Participated
$6 MOther Equity
Aampere
Oct 2025Led
$2 MOther Equity
Yaga
Oct 2025Participated
$5 MSeries A
Bahn Express
Feb 2025Led
$1 MSeed
Jobilla
Aug 2024Led
$7 MOther Equity
InGain
Apr 2024Participated
$0.69 MOther Equity
Groover
Feb 2024Led
$8 MSeries A
Scorestars
Jan 2024Led
$0.79 MSeed
Fractory
Nov 2023Participated
$5 MOther Equity
Aampere
Jul 2026Participated
$5 MSeed
GitHits
Jun 2026Participated
$2 MSeed
Webel
Mar 2026Led
$5 MSeries A
Bahn Express
Dec 2025Participated
$6 MOther Equity
Aampere
Oct 2025Led
$2 MOther Equity
Yaga
Oct 2025Participated
$5 MSeries A
Bahn Express
Feb 2025Led
$1 MSeed
Jobilla
Aug 2024Led
$7 MOther Equity
InGain
Apr 2024Participated
$0.69 MOther Equity
Groover
Feb 2024Led
$8 MSeries A
Scorestars
Jan 2024Led
$0.79 MSeed
Fractory
Nov 2023Participated
$5 MOther Equity
40
Items
...
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Insights

Time horizon

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Deal Distribution

Trind Ventures: 40 funding rounds are recorded in the selected participation categories.All available history.
Trind Ventures: 40 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed69
Series A27
Other Equity97

Monthly Deal Activity

Trind Ventures: 40 deals are recorded across 145 months.All available history.
Trind Ventures: 40 deals are recorded across 145 months. All available history
MonthDeals
Oct '141
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '181
Dec '180
Jan '190
Feb '190
Mar '190
Apr '191
May '191
Jun '190
Jul '191
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '202
May '200
Jun '201
Jul '202
Aug '201
Sep '200
Oct '200
Nov '200
Dec '201
Jan '210
Feb '210
Mar '210
Apr '211
May '210
Jun '210
Jul '211
Aug '210
Sep '211
Oct '210
Nov '210
Dec '210
Jan '220
Feb '222
Mar '221
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '222
Dec '220
Jan '230
Feb '231
Mar '231
Apr '230
May '230
Jun '231
Jul '230
Aug '230
Sep '231
Oct '233
Nov '232
Dec '230
Jan '241
Feb '241
Mar '240
Apr '241
May '240
Jun '240
Jul '240
Aug '241
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '251
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '252
Nov '250
Dec '251
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '261
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

Trind Ventures: Enterprise Software is the largest displayed sector by deal count (10 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.

Trind Ventures: Enterprise Software is the largest displayed sector by deal count (10 deals). All available history
SectorDeals
Enterprise Software10
Media & Entertainment8
E-Commerce & Retail7
Professional Services7
Networks, Cloud & Communication6
Education & Workforce5
Data, Analytics & IT5
Transportation & Logistics5
Marketing & Advertising4
AI & Machine Learning4
Real Estate & Construction3
Manufacturing3
Social & Community Platforms3
Travel & Hospitality2
Cybersecurity & Privacy2
Clean Energy & Sustainability2
Consumer & Lifestyle2
Food & Agriculture2
Developer Tools2
Fintech1
Gaming & eSports1

Deal Size Distribution

Trind Ventures: 40 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.

Trind Ventures: 40 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M29
$5M-$10M10
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Trind Ventures: Europe has the largest recorded deal count among the displayed regions (33 deals).All available history.

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

Trind Ventures: Europe has the largest recorded deal count among the displayed regions (33 deals). All available history
RegionDeals
Europe33
United States5
Deutschland2
Trind Ventures: 20 co-investors are shown, with Startup Wise Guys sharing 6 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

Trind Ventures: Led accounts for 43% and participating for 57% of round participation.All available history.
Trind Ventures: Led accounts for 43% and participating for 57% of round participation. All available history
CategoryDeals (count)Share (%)
Led1743%
Participating2357%
Trind Ventures: Single-lead accounts for 47% and co-led for 53% of lead dynamics.All available history.
Trind Ventures: Single-lead accounts for 47% and co-led for 53% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead847%
Co-led953%

Team

Iryna Krepchuk

Investment Associate

Joel Aasmae

Managing Partner

Liis Hiie

Investment Associate

Peeter Kompus

Principal