About Greencode Ventures
Greencode Ventures is a venture capital firm founded in 2022. It is primarily based out of Helsinki, Finland. As of Sep 2026, Greencode Ventures is an active investor, having invested in 16 companies, with 6 new investments in the last 12 months. It primarily invests in Seed round in Finland based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Environment Tech. Most recently it participated in the $***** Seed round of GroundHawk A lot of funds co-invest with Greencode Ventures, with names like 2C Ventures sharing a substantial percentage of its portfolio. Greencode Ventures has team of 8 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed, Series A & 2 more
Deals in last 12 months
Greencode Ventures' List of Top Investments
Greencode Ventures has a portfolio of 16 companies. Their most notable investments are in Southern Lights and Ubotica.Their portfolio spans across Finland, Germany, United States and 4 more locations. They have invested in Enterprise Applications, High Tech, Environment Tech and 11 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Greencode Ventures:
Operator of a marketplace for sourcing and managing carbon removal credits. The marketplace offers pricing transparency, rigorous vetting, and streamlined transactions for carbon removal. It provides a platform for purchasing spot credits and securing multi-year offtake agreements. The platform’s vetting protocols allow users to compare projects and evaluate quality. Standardized contracts mitigate risks and ensure secure transactions.
Key facts about Supercritical
- Founded Year: 2021
- Location: Sevenoaks (United Kingdom)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $18.7M
- Employee Count: 68 as on Sep 30, 2026
- Investors: MMC Ventures, Lightspeed Venture Partners and 19 Others
- Latest Funding Round: Series A, Jun 22, 2023, $*****
- Highlight: Editors' Pick
2. Live EO
Provider of satellite-based oil pipeline and power grid monitoring services. Its solution provides actionable insights for operators of large-scale linear infrastructure, Improves reliability, increases safety, and lowers OPEX. It uses AI-enabled predictive algorithms, and cloud computing with API connectivity to monitor the pipelines.
Key facts about Live EO
- Founded Year: 2017
- Location: Berlin (Germany)
- Stage: Series C
- Total Funding till date: $95.1M
- Employee Count: 165 as on Sep 30, 2026
- Investors: MMC Ventures, b2venture and 24 Others
- Latest Funding Round: Series C, May 06, 2026, $*****
- Highlight: Editors' Pick
3. Ubotica
Developer of AI-powered platform for real-time Earth observation and intelligence. The platform transforms satellites into autonomous surveillance assets through on-orbit data fusion. It enables detection, classification, and tracking using optical, SAR, and hyperspectral data. The company provides solutions for maritime situational awareness, exposing threats and enabling critical decisions. The platform is flight-proven and power efficient.
Key facts about Ubotica
4. eMabler
Saas and AI-enabled platform offering comprehensive electric vehicle charging and energy management solutions. The platform offers API enabled solution for users to manage and integrates mobile payment, business systems, data, electricity management, etc. It offers features like operate with multi-vendor network, claims to optimize customer base, etc.
Key facts about eMabler
- Founded Year: 2019
- Location: Helsinki (Finland)
- Stage: Series A
- Total Funding till date: $4.83M
- Employee Count: 23 as on Aug 31, 2026
- Investors: Nidoco, Businessfinland and 8 Others
- Latest Funding Round: Series A, Jun 16, 2026, $*****
- Highlight: Editors' Pick
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Lumoview Building Analytics is a provider of the cloud-based building analysis system. The company automated building analyses through a measurement system, which measures using 360 visual images, air temperature, and more. It has partnered with DLR, F Days, and StartPlatz among others.
Key facts about Lumoview Building Analytics
- Founded Year: 2019
- Location: Cologne (Germany)
- Stage: Seed
- Total Funding till date: $2.27M
- Employee Count: 30 as on Aug 31, 2026
- Investors: IBB Ventures, European Innovation Council and 3 Others
- Latest Funding Round: Seed, Jun 02, 2025, $*****
Greencode Ventures' Year-on-Year Investment Trends
Greencode Ventures has invested in 16 companies over the last 3 years, with an average of 5 new investments annually in the last 3 years. In 2025, it made 4 investments, while as of Sep 2026, it has made 6 investments in this year. Its most recent first time investment was in GroundHawk and most recent follow-on round was in Flexecharge.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 0 | 6 |
2025 | 3 | 1 | 4 |
2024 | 6 | 1 | 7 |
2023 | 1 | 0 | 1 |
Greencode Ventures' Investments by Stage
Greencode Ventures has made 11 investments in Seed stage with an average round size of $2.65M, 3 investments in Series A stage with an average round size of $9.35M, 1 investment in Conventional Debt stage with an average round size of $2.12M and 1 investment in Series C stage with an average round size of $32.7M.Stage of entry | No. of Investments |
|---|---|
Seed | 11 |
Series A | 3 |
Conventional Debt | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Greencode Ventures' Investments by Sector
Greencode Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Environment Tech, Sustainability Tech, Energy Tech and High Tech. Notably, it has invested in 14 Software companies, 14 Tech companies, 12 Enterprise (B2B) companies and at least 10 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
Environment Tech | 9 |
Sustainability Tech | 9 |
Energy Tech | 7 |
High Tech | 7 |
Others | 24 |
Note: We have considered here, only first round of investments
Greencode Ventures' Investments by Geography
Greencode Ventures has made most investments in Finland (5), followed by Germany where it has made 3 investments.Country | No. of Investments |
|---|---|
Finland | 5 |
Germany | 3 |
United States | 2 |
Denmark | 1 |
Ireland | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Greencode Ventures' recent investments
Greencode Ventures has made 6 investments in 2026 so far. GroundHawk and https://www.oracomputing.com/ are the latest among them.Here are the most recent investments by Greencode Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 23, 2026 | United States | Seed | 7559 | ||
Jun 24, 2026 | - | Seed | 3721 | [+1] | |
Jun 18, 2026 | Ireland | Series A | 7078 | [+1] | |
Jun 16, 2026 | Finland | Series A | 2264 | [+2] | |
May 06, 2026 | Germany | Series C | 5799 | [+7] |
Team profile of Greencode Ventures
Greencode Ventures has a team of 8 members including 3 Partners, 1 Venture Partner and 1 Principal located in United States, Germany and 3 more locations. Greencode Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Greencode Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Essen | - | - | |
Partner | Espoo | - | - | |
Partner | New York | - | - | |
Venture Partner | Dublin | - | - | |
Principal | Geneva | - | - |
Co-investors of Greencode Ventures
Over the past 3 years, 74 investors have co-invested in Greencode Ventures's portfolio companies. This includes funds and angels.
- Invested before Greencode Ventures: Remus Brett, Dieter von Holtzbrinck Ventures and 42 others have invested in rounds before Greencode Ventures. There is 1 company where Remus Brett has invested before Greencode Ventures and 1 company where Dieter von Holtzbrinck Ventures has invested before Greencode Ventures.
- Top Co-investors of Greencode Ventures: 28 investors entered a company along with Greencode Ventures. These include investors like 2C Ventures (2 companies).
- Invested after Greencode Ventures: Eneco (1 company) and EnBW New Ventures (1 company) are the investors which have invested in Greencode Ventures's portfolio after their investments.
Recent News related to Greencode Ventures
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Ora Computing Raises €3.5 Million Seed Funding for AI Model Compression TechnologyStartup Rise EU•Jun 24, 2026•Greencode Ventures, oracomputing.com, Constructor Capital, xista
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Ubotica Technologies Raises $11 Million in Funding Round Led by Act Venture CapitalStartup Rise EU•Jun 24, 2026•Ubotica, Greencode Ventures, Act Venture Capital, Atlantic Bridge
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eMabler Secures €5.5M Series A to Expand EV Charging Solutions Across EuropeStartup Rise EU•Jun 16, 2026•Finpro, Greencode Ventures, Finnvera, eMabler and 3 others
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Groundhawk Secures €2M To Modernise Underground Infrastructure MappingStartup Rise EU•Mar 04, 2026•Groundhawk, 2C Ventures, Greencode Ventures
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Cronvall Secures €3.9M To Modernize European Industrial ProcurementStartup Rise EU•Nov 13, 2025•Cronvall, Greencode Ventures, Stephen Industries, Innovestor
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Finnish startup Renow secures €1.8M in seed funding to transform second-hand goods marketplaceAin•Jun 20, 2025•Greencode Ventures, Renow, Superhero Capital
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German PropTech startup Lumoview raises €3 million for technology that captures building data in 2 seconds per roomEU-Startups•Jun 02, 2025•Greencode Ventures, IBB Ventures, WakeUp Capital, Lumoview Building Analytics
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Finnish startup Sustashift secures investment from Greencode Ventures to improve automated sustainability reportsAin•Feb 05, 2025•Greencode Ventures, Wave Ventures, Sustashift
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Emerald invests in Keto Software, leader in AI-driven SPM solutionsEmerald Technology Ventures•Nov 20, 2024•Keto Software, Emerald Technology Ventures, Greencode Ventures, Trauma Holding and 1 other
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Synergi raises $2M Seed for the future of virtual power plants and energy flexibilityTech.eu•Oct 08, 2024•Synergi, Greencode Ventures, Vaens, APX and 3 others
