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The Venture Codex

Overview

Venture capital fund supporting entrepreneurs with start-up capital.

Founded

2005

Deals · 12mo

0

Stage focus

Series A

Geographic focus

Estonia
Latvia
United Kingdom

Sector focus

—

Investment portfolio

3rounds
NAMEDATESIZE
Electrify
Aug 2024Led
$2 MOther Equity
RoyaltyRange
Jun 2023Participated
$4 MOther Equity
eAgronom
Feb 2022Led
$8 MSeries A
Electrify
Aug 2024Led
$2 MOther Equity
RoyaltyRange
Jun 2023Participated
$4 MOther Equity
eAgronom
Feb 2022Led
$8 MSeries A
3
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Insights

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Deal Distribution

ZGI Capital: 3 funding rounds are recorded in the selected participation categories.All available history.
ZGI Capital: 3 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A10
Other Equity11

Monthly Deal Activity

ZGI Capital: 3 deals are recorded across 57 months.All available history.
ZGI Capital: 3 deals are recorded across 57 months. All available history
MonthDeals
Feb '221
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 '230
Apr '230
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '241
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

ZGI Capital: Enterprise Software is the largest displayed sector by deal count (1 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.

ZGI Capital: Enterprise Software is the largest displayed sector by deal count (1 deals). All available history
SectorDeals
Enterprise Software1
Manufacturing1
Food & Agriculture1
Clean Energy & Sustainability1
Professional Services1
Data, Analytics & IT1
Transportation & Logistics1

Deal Size Distribution

ZGI Capital: 3 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.

ZGI Capital: 3 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M1
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

ZGI Capital: Europe has the largest recorded deal count among the displayed regions (3 deals).All available history.

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

ZGI Capital: Europe has the largest recorded deal count among the displayed regions (3 deals). All available history
RegionDeals
Europe3
ZGI Capital: 6 co-investors are shown, with Trind Ventures sharing 2 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.

ZGI Capital: 6 co-investors are shown, with Trind Ventures sharing 2 recorded deals. All available history
Co-investorShared deals
Trind Ventures2
European Commission1
Iron Wolf Capital1
Presto Ventures1
United Angels VC1
Yolo Investments1

Investment Strategy

ZGI Capital: Led accounts for 67% and participating for 33% of round participation.All available history.
ZGI Capital: Led accounts for 67% and participating for 33% of round participation. All available history
CategoryDeals (count)Share (%)
Led267%
Participating133%
ZGI Capital: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
ZGI Capital: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead150%
Co-led150%

Team

Atis Zvidriņš

Capital Investment Director

Edgars Cimermanis

Investment Director

Ģirts Rungainis

Co-Founder and Partner

Jānis Lielcepure

Founder and Partner

Normunds Igolnieks

Capital Partner and Chairman of the Board

Rudolf Krese

Capital Investment Director