About Greencode Ventures
Greencode Ventures is a venture capital firm founded in 2022. It is primarily based out of Helsinki, Finland. As of May 2026, Greencode Ventures is an active investor, having invested in 12 companies, with 4 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 Environment Tech and Transportation and Logistics Tech. Most recently it participated in the $***** Series C round of Live EO A lot of funds co-invest with Greencode Ventures, with names like Vireo Ventures sharing a substantial percentage of its portfolio. Greencode Ventures has team of 10 people.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed, Conventional Debt & 2 more
Deals in last 12 months
Greencode Ventures' List of Top Investments
Greencode Ventures has a portfolio of 12 companies. Their most notable investments are in Southern Lights and Renow.Their portfolio spans across Finland, Germany, United Kingdom and 3 more locations. They have invested in Enterprise Applications, Environment Tech, Transportation and Logistics Tech and 9 other sectors, across stages such as Seed, Conventional Debt 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: 70 as on Mar 31, 2026
- Investors: MMC Ventures, Lightspeed Venture Partners and 18 Others
- Latest Funding Round: Series A, Jun 22, 2023, $*****
- Highlight: Editors' Pick
2. Renow
Provider of return management software solutions for e-commerce businesses. It unifies e-commerce returns and reselling and helps in return management for online sellers. It claims to help in reselling returns through local re-commerce as a service.
Key facts about Renow
- Founded Year: 2022
- Location: Helsinki (Finland)
- Stage: Seed
- Total Funding till date: $2.08M
- Employee Count: 10 as on Mar 31, 2026
- Investors: Greencode Ventures, Superhero Capital and 1 Other
- Latest Funding Round: Seed, Jun 18, 2025, $*****
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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: 29 as on Mar 31, 2026
- Investors: European Innovation Council, Greencode Ventures and 3 Others
- Latest Funding Round: Seed, Jun 02, 2025, $*****
4. 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: 162 as on Mar 31, 2026
- Investors: b2venture, MMC Ventures and 23 Others
- Latest Funding Round: Series C, May 06, 2026, $*****
- Highlight: Editors' Pick
5. repath
Online platform for carbon footprint awareness. It is a climate risk and adaptation platform that is a location-specific, easy-to-use, fully automated SaaS-Solution. It would enable your organization to identify the future physical climate risks, understand the specific vulnerabilities of your assets, and necessary adaptation measures to mitigate the identified risks.
Key facts about repath
- Founded Year: 2021
- Location: Hamburg (Germany)
- Stage: Seed
- Total Funding till date: $5.29M
- Employee Count: 20 as on Mar 31, 2026
- Investors: Greencode Ventures, better ventures and 6 Others
- Latest Funding Round: Seed, Sep 25, 2024, $*****
- Highlight: Editors' Pick
Greencode Ventures' Year-on-Year Investment Trends
Greencode Ventures has invested in 12 companies over the last 3 years, with an average of 4 new investments annually in the last 3 years. In 2025, it made 4 investments, while as of May 2026, it has made 2 investments in this year. Its most recent first time investment was in Live EO and most recent follow-on round was in Flexecharge.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 3 | 1 | 4 |
2024 | 6 | 1 | 7 |
2023 | 1 | 0 | 1 |
Greencode Ventures' Investments by Stage
Greencode Ventures has made 9 investments in Seed stage with an average round size of $2.52M, 1 investment in Conventional Debt stage with an average round size of $2.12M, 1 investment in Series A stage with an average round size of $13M and 1 investment in Series C stage with an average round size of $32.7M.Stage of entry | No. of Investments |
|---|---|
Seed | 9 |
Conventional Debt | 1 |
Series A | 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 11 Software companies, 11 Tech companies, 9 Enterprise (B2B) companies and at least 6 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
Environment Tech | 8 |
Sustainability Tech | 8 |
Energy Tech | 6 |
High Tech | 4 |
Others | 18 |
Note: We have considered here, only first round of investments
Greencode Ventures' Investments by Geography
Greencode Ventures has made most investments in Finland (4), followed by Germany where it has made 3 investments.Country | No. of Investments |
|---|---|
Finland | 4 |
Germany | 3 |
United Kingdom | 2 |
Denmark | 1 |
Sweden | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Greencode Ventures' recent investments
Greencode Ventures has made 2 investments in 2026 so far - Live EO and Groundhawk.Here are the most recent investments by Greencode Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 06, 2026 | Germany | Series C | 2443 | [+7] | |
Mar 03, 2026 | Finland | Seed | 2433 | ||
Jun 18, 2025 | Finland | Seed | 6663 | [+1] | |
Jun 11, 2025 | Denmark | Series A | 2637 | [+2] | |
Jun 02, 2025 | Germany | Seed | 2811 | [+1] |
Team profile of Greencode Ventures
Greencode Ventures has a team of 10 members located in Ireland. Greencode Ventures' team does not sit on the board of any company as of now.Co-investors of Greencode Ventures
Over the past 3 years, 52 investors have co-invested in Greencode Ventures's portfolio companies. This includes funds and angels.
- Invested before Greencode Ventures: Remus Brett, European Innovation Council and 28 others have invested in rounds before Greencode Ventures. There is 1 company where Remus Brett has invested before Greencode Ventures and 1 company where European Innovation Council has invested before Greencode Ventures.
- Top Co-investors of Greencode Ventures: 20 investors entered a company along with Greencode Ventures. These include investors like Vireo 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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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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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
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repath secures 3.6 million euros in seed financingHamburg-Startups•Sep 25, 2024•repath, Greencode Ventures, Lightbird, SaaSgarage and 1 other
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ZeroMission secures £2.3m investment to accelerate electric commercial fleetsFleetworld•Jul 16, 2024•ZeroMission, Delta Partners, Greencode Ventures, Vireo Ventures and 2 others
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Southern Lights Raises €1.6M to Transform Hydrogen IndustryEnergynews•Mar 21, 2024•Southern Lights, Greencode Ventures, WEPA, Bling Capital
