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The Venture Codex

Overview

Venture capital firm investing in electrification-focused tech startups.

Founded

2020

Deals · 12mo

8

Stage focus

Seed
Series A

Geographic focus

Germany

Sector focus

Venture Capital

Investment portfolio

21rounds
NAMEDATESIZE
Deutsche Sanierungsberatung
Jul 2026Participated
$11 MSeries A
NextGO Epi
Jul 2026Led
$2 MSeed
Invertix
May 2026Led
$2 MSeed
Einklang
Feb 2026Led
$3 MOther Equity
nuuEnergy
Feb 2026Participated
$5 MSeed
Delta Charge
Nov 2025Led
$4 MOther Equity
PIONIX
Nov 2025Participated
$9 MSeed
ImpactNexus
Nov 2025Participated
$0.93 MSeed
Atmen
Jun 2025Participated
$6 MSeed
Reshape Energy
Mar 2025Participated
$6 MSeed
Deutsche Sanierungsberatung
Feb 2025Led
$4 MSeed
Scale Energy
Feb 2025Participated
$2 MSeed
Deutsche Sanierungsberatung
Jul 2026Participated
$11 MSeries A
NextGO Epi
Jul 2026Led
$2 MSeed
Invertix
May 2026Led
$2 MSeed
Einklang
Feb 2026Led
$3 MOther Equity
nuuEnergy
Feb 2026Participated
$5 MSeed
Delta Charge
Nov 2025Led
$4 MOther Equity
PIONIX
Nov 2025Participated
$9 MSeed
ImpactNexus
Nov 2025Participated
$0.93 MSeed
Atmen
Jun 2025Participated
$6 MSeed
Reshape Energy
Mar 2025Participated
$6 MSeed
Deutsche Sanierungsberatung
Feb 2025Led
$4 MSeed
Scale Energy
Feb 2025Participated
$2 MSeed
21
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Insights

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Deal Distribution

Vireo Ventures: 21 funding rounds are recorded in the selected participation categories.All available history.
Vireo Ventures: 21 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed410
Series A04
Other Equity21

Monthly Deal Activity

Vireo Ventures: 21 deals are recorded across 61 months.All available history.
Vireo Ventures: 21 deals are recorded across 61 months. All available history
MonthDeals
Oct '211
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '231
Apr '230
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '241
Feb '240
Mar '240
Apr '240
May '241
Jun '240
Jul '242
Aug '240
Sep '240
Oct '240
Nov '240
Dec '241
Jan '251
Feb '252
Mar '251
Apr '250
May '250
Jun '251
Jul '250
Aug '250
Sep '250
Oct '250
Nov '253
Dec '250
Jan '260
Feb '262
Mar '260
Apr '260
May '261
Jun '260
Jul '262
Aug '260
Sep '260
Oct '260

Sector Breakdown

Vireo Ventures: Clean Energy & Sustainability is the largest displayed sector by deal count (18 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.

Vireo Ventures: Clean Energy & Sustainability is the largest displayed sector by deal count (18 deals). All available history
SectorDeals
Clean Energy & Sustainability18
Networks, Cloud & Communication4
Hardware & Robotics4
Enterprise Software3
Manufacturing3
AI & Machine Learning2
Professional Services2
Real Estate & Construction2
Data, Analytics & IT2
Space & Frontier Tech2
Transportation & Logistics2

Deal Size Distribution

Vireo Ventures: 21 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.

Vireo Ventures: 21 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M14
$5M-$10M5
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Vireo Ventures: Europe has the largest recorded deal count among the displayed regions (20 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Vireo Ventures: Europe has the largest recorded deal count among the displayed regions (20 deals). All available history
RegionDeals
Europe20
United States1
Vireo Ventures: 20 co-investors are shown, with IBB Ventures sharing 3 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

Vireo Ventures: Led accounts for 29% and participating for 71% of round participation.All available history.
Vireo Ventures: Led accounts for 29% and participating for 71% of round participation. All available history
CategoryDeals (count)Share (%)
Led629%
Participating1571%
Vireo Ventures: Single-lead accounts for 83% and co-led for 17% of lead dynamics.All available history.
Vireo Ventures: Single-lead accounts for 83% and co-led for 17% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead583%
Co-led117%

Team

Felix Krause

Managing Partner

Matthias Engel

Managing Partner

Mischa Wetzel

Managing Partner

Thomas L.

Managing Partner

Thomas W. Thomas

Managing Partner