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The Venture Codex

Overview

Investment firm funding innovative and risky startups.

Deals · 12mo

4

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Stage focus

Pre-Seed
Seed

Geographic focus

United Kingdom

Sector focus

3D Printing
Advanced Materials
Biotechnology
Energy
...

Investment portfolio

  • Willo Technologies

    Participated · Seed · Feb 2026

    Willo Technologies is a Helsinki-based startup building next-generation wireless power transfer technology that eliminates the need for precise physical alignment between charger and device. Its system allows multiple devices to move, rotate, and receive power concurrently, targeting demanding use cases in industrial automation, robotics, and spatial computing. By overcoming fundamental physical constraints in power delivery, the company aims to unlock new capabilities for equipment that previously relied on tethered power or frequent battery swaps. Willo is led by CEO Harri Santamala, CTO Dr. Nam Ha-Van, and President Marko Voutilainen. The founders intend to channel newly raised capital into further technology development and productization. No revenue or user metrics were disclosed in the articles. The team positions the technology as a foundational layer for future wireless, mobile, and autonomous systems.

  • Matta

    Participated · Seed · Dec 2025

    Matta develops a self-learning computer-vision platform that rapidly adapts to diverse manufacturing lines and performs automated quality inspection, anomaly detection, root-cause diagnosis, and corrective-action recommendations. The system combines hardware, factory integration, AI research, and software, allowing most deployments to become operational within hours and to learn a new line in a matter of days with minimal training data. A central dashboard lets engineers monitor every camera, trace parts, and surface bottlenecks across the factory floor, turning tacit human know-how into scalable, data-driven insights. The technology is general-purpose, working across electronics, automotive, defence, apparel, and both manual and robotic stations, and Matta is already collaborating with OEMs so machines can automatically adjust their own settings. With its “sentient factory” vision, the company aims to deliver increasingly autonomous, end-to-end production. The recent $14 million seed financing provides resources to accelerate product rollout, enhance AI capabilities, build self-serve deployment tools, and expand into key manufacturing regions in Europe and the United States.

  • Rightcharge

    Participated · Seed · Oct 2025

    London-based Rightcharge has developed a software platform that connects drivers’ home energy accounts, public charge cards and fleet vehicles into a single billing system, enabling automated, tax-compliant reimbursement for electric-vehicle charging. By crediting payments directly to electricity bills, the service maintains accuracy as tariffs change, reduces fraud through AI-driven anomaly detection, and produces HMRC-compliant audit trails. A companion public charge card gives access to more than 70 % of UK public chargers, while all costs flow into one consolidated monthly invoice. Early adopters include The Automobile Association (AA) and fleets across construction, healthcare and government sectors. Customers report up to 90 % reductions in charging costs, roughly 30 % lower carbon emissions and significantly reduced administrative work. The company plans to use new capital to expand across Europe, supported by a partnership with Octopus Electroverse. Rightcharge recently closed a seed funding round to finance these growth initiatives.

  • Sizable Energy

    Participated · Equity · Oct 2025

    Sizable Energy is commercializing an offshore version of pumped-storage hydropower that places two sealed, flexible reservoirs—one floating on the surface and one fixed on the seabed—connected by a tube housing reversible turbines. Cheap electricity drives the turbines as pumps, moving dense brine to the upper reservoir; when power is needed, the heavier saltwater falls, spinning the turbines to generate electricity. Each 100-metre segment can support a 6–7 MW generator, and deeper water sites offer greater storage capacity. By manufacturing identical modules for deployment in seas at least 500 m deep, the company expects to reach costs of roughly €20 per kilowatt-hour, about one-tenth the cost of grid-scale batteries. The technology pairs naturally with offshore wind farms that can share transmission infrastructure but can also connect to any coastal grid. Sizable has validated small-scale models in wave tanks and off Reggio Calabria, Italy, and is now installing a floating pilot ahead of a full demonstration plant. Commercial projects are targeted for 2026 at multiple global sites. The company has raised $8 million to fund these development milestones.

  • Crosstown H2R

    Participated · Seed · Jul 2025

    Crosstown develops the proprietary H2R® Burner that allows existing gas turbines to operate on 100% renewable fuels and provides multi-fuel, transitional capability from natural gas to zero‑carbon fuels. The technology immediately cuts NOx emissions by up to 85% and can enable complete elimination of CO₂ from a turbine, with a single 100MW turbine fitted able to eliminate over 300,000 tons of CO₂ annually. Crosstown says its burner is faster and cheaper to install than full turbine replacements, repurposing existing infrastructure and helping avoid stranded assets. The company already works with major industry players such as Sulzer and Fortum and has won a European Patent Office patent for the burner in March 2025. With fresh funding, Crosstown plans to accelerate rollout of the H2R® Burner, expand its product portfolio across additional turbine platforms (including Rolls‑Royce, GE, Siemens, ABB) and establish further sales partnerships with ISPs and OEMs. The company is also growing its expert team at its headquarters in Switzerland to support commercialization and wider deployment. Founded in 2022 in Switzerland, Crosstown H2R develops the proprietary Crosstown Burner (H2R®) to convert gas turbines to run on hydrogen or other low-/zero-carbon fuels, eliminating CO2 emissions from those turbines. The burner is designed for ultra-low NOx capability to meet forthcoming 2025 NOx regulations in Europe and the US. The company has tested its newest generation of burners and plans installations in Sulzer's and Fortum's turbines beginning in 2024. Partnership with Sulzer provides access to over 3,500 new and existing gas-fired turbines in Europe and tens of thousands more worldwide; Fortum customers can use the burner to reduce greenhouse gas emissions by half by 2030. Crosstown highlights the scale of the opportunity by noting a single 100 MW gas turbine can emit around 300,000 tons of CO2 annually at 50% capacity. The company has secured funding and partnerships to accelerate commercialization and deployment.

Insights

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