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The Venture Codex

Volve Capital

Valeriusplein 20-E, Amsterdam, Noord-Holland, 1075 BH, Netherlands

Overview

Volve Capital is an early-stage venture capital fund built by entrepreneurs to back the next generation of tech and impact founders.

Total investments
8
Lead investments
4
Investments · 12mo
1
Active investors
2
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Investment portfolio

  • Eddy Grid

    Led · Equity · May 2026

    Eddy Grid builds advanced optimisation algorithms that manage combinations of solar, wind and battery assets in real time to maximize returns on energy markets. The company reports it delivers the highest returns across a wide range of products and has grown its managed portfolio to more than 500 MW. Founded in 2023, Eddy Grid is cash-flow positive after reporting nearly 900% revenue growth in 2025 and projecting roughly 1,000% growth in 2026. Its customer base is currently in the Netherlands and Belgium, and the company is preparing to launch in Germany. The team expanded from 16 to 60 employees since January 2025, and Eddy Grid says it is the largest independent optimiser in the Netherlands. The company plans to continue scaling its commercial footprint and strengthen its balance sheet following the recent €7.5 million raise.

  • Supplied AI

    Led · Seed · Jul 2025

    Supplied AI is an Amsterdam-based RegTech startup founded in 2024 by Johann Rozario that delivers a full-stack solution covering KYC, KYB, AML, and frameworks such as DAC8, CSRD, and OECD rules. The software removes engineering complexity by combining onboarding, data aggregation, and regulatory reporting into a single layer, enabling digital platforms to launch and stay compliant faster. Its API-first product already serves more than 50 customers across Europe in sectors including travel, e-commerce, and fintech. With its fresh capital, the company plans to grow its engineering and customer success teams, deepen ERP/CRM integrations, and expand coverage to additional global compliance regimes. Supplied AI positions itself as an infrastructure layer that can be embedded into any platform, aiming to scale alongside tightening international regulations. Although revenue figures are not disclosed, the customer count underscores early commercial traction. Management sees a large opportunity as upcoming EU directives drive demand for automated compliance tooling.

  • Whisper

    Participated · Seed · Jul 2025

    Whisper has built a next-generation cybersecurity platform that leverages knowledge graph technology to give users an unprecedented, real-time 'God Mode' view of the internet for earlier and more accurate attack prediction. Since launching in January, the company has secured pilot projects with other cybersecurity providers as it prepares to enter the market. The founders—Soroush Rafiee Rad, Leonardo Carlo Calisse, and Kaveh Ranjbar—combine technical expertise and startup experience. Whisper positions its product as a live threat radar intended to enable defenders to act before damage occurs. The company highlights the rising scale and sophistication of cybercrime to justify demand for its platform. Post-fundraising plans focus on expansion into Europe and the US and on strengthening technology and sales teams through strategic hires.

  • Twindo

    Led · Seed · Jun 2025

    Twindo is an Amsterdam-based renewable energy software company providing a field operations and digital inspection platform for wind energy teams across Benelux and the UK. The platform combines user-first design with machine learning and LLM-powered data processing and rugged reliability to support planning, execution, and site-level visibility for remote teams. It is used by service providers, asset owners, and contractors and currently supports over 6GW of assets globally. Twindo's product is designed to cut asset downtime, reduce costs, and de-risk operations through smarter inspections and operations. The company raised €1m in a funding round led by Volve Capital and intends to use the funds to expand into new renewable verticals beyond wind and to strengthen its AI capabilities. Founded in 2022 and led by CEO Jules Shertser and CRO Guilherme Marinho, Twindo is positioning to broaden its addressable market within the energy sector.

  • Stippl

    Participated · Equity · Apr 2024

    Stippl is an all-in-one travel platform that enables users to plan every aspect of trips—accommodation, transportation, activities—and build itineraries. The app aggregates services such as Booking.com for accommodation and GetYourGuide for tours and activities. Founded in 2022 by Luuk Verhoeven, Omar Sheshtawy, and Robin van Rijn and based in Amsterdam, Stippl has grown to roughly a quarter-million users across more than 160 countries. The company plans to use new funding to develop an AI travel-planning feature to enhance capabilities and user experience. Stippl has set an ambitious growth target of reaching one million users by the end of 2024. No revenue or profitability figures were disclosed in the reporting. Stippl offers a platform for people to book and plan their travels. The system allows users to create, organize and change travel itineraries in one place, from research and inspiration to routes, accommodations, things to do and transportation. Founded in 2021 by Luuk Verhoeven, Omar Sheshtawy and Robin van Rijn, the company is based in Amsterdam, Netherlands. Stippl raised €400K in funding in a round led by Volve Capital with participation from Clickpatrol.com. It intends to use the funds to accelerate international growth, develop new partnerships and advance new tools.

Team