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The Venture Codex

Overview

Early-stage investment firm focusing on underrepresented founders.

Founded

2019

Deals · 12mo

7

Stage focus

Seed
Series A

Geographic focus

Denmark
Germany
Spain
Sweden
...

Sector focus

Venture Capital

Investment portfolio

16rounds
NAMEDATESIZE
Boldr
Aug 2026Led
$5 MSeries A
Visibuilt
Jul 2026Led
$4 MSeed
Digiclean
Jun 2026Led
$3 MSeed
AIRMO
Mar 2026Participated
$6 MSeed
Flox Robotics
Feb 2026Participated
$3 MSeed
Octarine Bio
Jan 2026Participated
$6 MSeries A
Saveggy
Oct 2025Participated
$3 MOther Equity
Boldr
Sep 2025Participated
$3 MSeed
Flox Robotics
Aug 2025Led
$1 MSeed
The Blue Box Biomedical Solutions
Jul 2025Led
$3 MOther Equity
The Blue Box Biomedical Solutions
Jul 2024Participated
$0.54 MOther Equity
Climate X
Jun 2024Participated
$18 MSeries A
Boldr
Aug 2026Led
$5 MSeries A
Visibuilt
Jul 2026Led
$4 MSeed
Digiclean
Jun 2026Led
$3 MSeed
AIRMO
Mar 2026Participated
$6 MSeed
Flox Robotics
Feb 2026Participated
$3 MSeed
Octarine Bio
Jan 2026Participated
$6 MSeries A
Saveggy
Oct 2025Participated
$3 MOther Equity
Boldr
Sep 2025Participated
$3 MSeed
Flox Robotics
Aug 2025Led
$1 MSeed
The Blue Box Biomedical Solutions
Jul 2025Led
$3 MOther Equity
The Blue Box Biomedical Solutions
Jul 2024Participated
$0.54 MOther Equity
Climate X
Jun 2024Participated
$18 MSeries A
16
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...
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Insights

Time horizon

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Deal Distribution

Unconventional Ventures: 16 funding rounds are recorded in the selected participation categories.All available history.
Unconventional Ventures: 16 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed43
Series A12
Other Equity42

Monthly Deal Activity

Unconventional Ventures: 16 deals are recorded across 36 months.All available history.
Unconventional Ventures: 16 deals are recorded across 36 months. All available history
MonthDeals
Nov '231
Dec '230
Jan '240
Feb '240
Mar '241
Apr '241
May '241
Jun '241
Jul '241
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '251
Sep '251
Oct '251
Nov '250
Dec '250
Jan '261
Feb '261
Mar '261
Apr '260
May '260
Jun '261
Jul '261
Aug '261
Sep '260
Oct '260

Sector Breakdown

Unconventional Ventures: Health & Life Sciences is the largest displayed sector by deal count (7 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.

Unconventional Ventures: Health & Life Sciences is the largest displayed sector by deal count (7 deals). All available history
SectorDeals
Health & Life Sciences7
Clean Energy & Sustainability6
Real Estate & Construction4
Space & Frontier Tech4
Networks, Cloud & Communication4
Hardware & Robotics4
Food & Agriculture4
Professional Services3
E-Commerce & Retail2
Manufacturing2
AI & Machine Learning2
Education & Workforce1
Government & Defense1
Enterprise Software1
AR/VR1
Fintech1

Deal Size Distribution

Unconventional Ventures: 16 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.

Unconventional Ventures: 16 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M11
$5M-$10M4
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Unconventional Ventures: Europe has the largest recorded deal count among the displayed regions (16 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Unconventional Ventures: Europe has the largest recorded deal count among the displayed regions (16 deals). All available history
RegionDeals
Europe16
Unconventional Ventures: 20 co-investors are shown, with Almi Invest sharing 5 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.

Unconventional Ventures: 20 co-investors are shown, with Almi Invest sharing 5 recorded deals. All available history
Co-investorShared deals
Almi Invest5
Ada Ventures3
The Footprint Firm3
DSM Venturing2
EIFO2
Grow Venture Partners2
Inclimo2
LRF Ventures2
Oskare Capital2
Pi Labs2
Prosegur2
S20 Fund2
Techstars2
A/O1
Ananda Impact Ventures1
Antler1
Argand Partners1
Blue Wire Capital1
CenterState CEO1
CommerzVentures1

Investment Strategy

Unconventional Ventures: Led accounts for 56% and participating for 44% of round participation.All available history.
Unconventional Ventures: Led accounts for 56% and participating for 44% of round participation. All available history
CategoryDeals (count)Share (%)
Led956%
Participating744%
Unconventional Ventures: Single-lead accounts for 56% and co-led for 44% of lead dynamics.All available history.
Unconventional Ventures: Single-lead accounts for 56% and co-led for 44% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead556%
Co-led444%

Team

Karoline Olsen

Founders Collective

Marie Mostad

Founder Collective, advisor

Merete Nygaard

Founders Collective

Nora Bavey

General Partner

Thea Messel

Founder, General partner

Vera Baker

venture partner