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The Venture Codex

Overview

Impact venture builder creating companies for positive social change.

Founded

2010

Deals · 12mo

1

Stage focus

Seed
Series A

Geographic focus

Spain

Sector focus

Consulting

Investment portfolio

2rounds
NAMEDATESIZE
CoCircular
Jul 2026Participated
$2 MSeries A
Nido
Feb 2025Participated
$6 MSeed
CoCircular
Jul 2026Participated
$2 MSeries A
Nido
Feb 2025Participated
$6 MSeed
2
Items
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Insights

Time horizon

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Deal Distribution

Zubi Labs: 2 funding rounds are recorded in the selected participation categories.All available history.
Zubi Labs: 2 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A01

Monthly Deal Activity

Zubi Labs: 2 deals are recorded across 21 months.All available history.
Zubi Labs: 2 deals are recorded across 21 months. All available history
MonthDeals
Feb '251
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 '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

Zubi Labs: Clean Energy & Sustainability is the largest displayed sector by deal count (2 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.

Zubi Labs: Clean Energy & Sustainability is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Clean Energy & Sustainability2
Enterprise Software1
AI & Machine Learning1
Professional Services1
Data, Analytics & IT1
Real Estate & Construction1

Deal Size Distribution

Zubi Labs: 2 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.

Zubi Labs: 2 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M1
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Zubi Labs: Europe has the largest recorded deal count among the displayed regions (2 deals).All available history.

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

Zubi Labs: Europe has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
Europe2
Zubi Labs: 13 co-investors are shown, with Angels Capital sharing 1 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.

Zubi Labs: 13 co-investors are shown, with Angels Capital sharing 1 recorded deals. All available history
Co-investorShared deals
Angels Capital1
AXIS Capital1
Banco Sabadell1
city of Valencia1
Decelera Ventures1
Ecosystem Integrity Fund1
Enisa1
Iberdrola1
Instituto Valenciano de Finanzas1
Savana Global1
Seven Seas Capital1
Ship2B Ventures1
Silence VC1

Investment Strategy

Zubi Labs: Led accounts for 0% and participating for 100% of round participation.All available history.
Zubi Labs: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating2100%
Zubi Labs: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Zubi Labs: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Guillermo Ruiz

Managing Director Real Estate

Luz Martinez

Communications Manager

Matthieu Heusch

Managing Director

Virginia Sanchez Muñoz

Managing Partner