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Greencode Ventures

Venture capitaloperating company · company profile

Helsinki · Seed–Series A · 13 people tracked

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Investment thesis

Greencode Ventures backs European founders building AI-driven solutions for energy systems, industrial operations, and critical infrastructure, targeting a smarter, greener, and more resilient future. The firm invests in the applied AI layer enabling the energy and industrial transition, from Seed through Series A. It focuses on optimizing existing energy capacity and unlocking flexibility, improving industrial yield, quality, throughput and circularity, and building, monitoring and maintaining critical infrastructure assets at scale. The team consists of sector experts, former founders, and energy-native investors with experience building and backing industrial and energy companies across cycles.

Source: firm website, verified Aug 7, 2026.

Stage
Seed–Series A
Check
$5.4M
HQ
Helsinki, FI
Leads rounds
Follows
Instruments
Equity
Founded
2023
Last 12 months
2 investments
Tracked investments
18

Team · 13 people

from the firm's website & public directories

What they invest in

from 15 of 18 portfolio companies

SaaS ×10AI & Machine Learning ×9Energy ×6Cleantech ×5Climate Tech ×5E-commerce ×3Mobility & Transportation ×3B2B Marketplaces ×2

HQs:Finland×7Germany×2United Kingdom×1United States×1

Investments · 18 tracked

founders shown can be your intro path

By year:2026 · 22024 · 24 dated

Greencode Ventures Visit Greencode Venturesgreencode.vcin✓ verified

Ubotica develops artificial intelligence that runs directly on satellites to process Earth observation imagery in orbit, delivering real-time intelligence for maritime monitoring and other Earth observation applications.

AI & Machine LearningCleantechClimate TechDefense TechEnergySaaSSpace TechHelsinki, FI

Juha Stenberg(CEO)Ville Parviainen(CTO)Fintan Buckley(CEO)Stefan Sack(CEO)Raimel Medina(CTO)John Bourke(CFO)

Co-investorsFarvatn VentureTesi (Finnish Industry Investment Ltd)

Renowrenow.aiin✓ verified

Renow is an AI-powered recommerce platform that converts e-commerce returns into sustainable resales by offering virtual warehouses and a grading engine to retailers and 3PLs, while selling discounted second-hand products from top brands to consumers.

AI & Machine LearningCircular EconomyE-commerceHelsinki, FI

Kalle Koutajoki(Co-founder)Antti Ijäs(Co-founder)Hannes Junnila(Co-founder)

Co-investorsSuperhero Capital

Supercriticalgosupercritical.comin✓ verified

Supercritical runs a carbon removal marketplace that sources, vets, and guarantees permanent carbon dioxide removal (CDR) credits for corporate buyers while co-developing supply with removal projects such as biochar.

B2B MarketplacesCleantechClimate TechLondon, GB

Michelle You(Co-founder & CEO)inAaron Randall(Co-founder & CTO)in

Co-investorsMMC VenturesLightspeed Venture PartnersRTP Global

Constructorconstructor.comin𝕏Jun 2026

Constructor provides AI-powered product search and discovery software for ecommerce retailers.

AI & Machine LearningE-commerceSaaSSan Francisco, US

Eli Finkelshteyn(Founder)inDan McCormick(Founder, former CTO at Shutterstock)inIgor Finkelshteyn(Executive Officer, Director)

BoardAsh Fontana(Director)in

Co-investorsFusionSapphire VenturesSilversmith Capital Partnersxista science venturesZetta Venture Partners

Cronvallcronvall.comin

Cronvall operates a two-sided digital platform for industrial procurement, letting buyers in manufacturing, construction, and property maintenance find, compare, and purchase materials while giving suppliers tools to digitize inventory and pricing.

Advanced ManufacturingAI & Machine LearningB2B MarketplacesE-commerceLogistics & Supply Chain

eMableremabler.comin

eMabler provides a cloud-based management platform for electric vehicle chargers that enables operators to monitor, control, and configure charging networks from a centralized dashboard.

EnergyIoTMobility & TransportationSaaSHelsinki, FI

Co-investorsRethink VenturesSuperhero Capital

éXō Fleets

Mixed-fuel fleet management platform

Exofleetsexofleets.comin

éXō Fleets is a fleet ERP and master data platform for mixed-fuel, mixed-class and multi-site fleet operators, unifying data on vehicles, fuels, depots, routes and infrastructure.

Logistics & Supply ChainMobility & TransportationSaaS

Alan Crowley(CEO & Co-Founder)

Co-investorsDelta Partners

Flexechargeflexecharge.comin

FlexeCharge develops software for EV charging energy and load management, helping Charge Point Operators and solution providers address grid constraints, reduce energy costs, and create new revenue streams.

CleantechEnergyMobility & TransportationSaaS

Co-investorsEnBW New Ventures GmbHVireo Ventures

Groundhawkgroundhawk.io

Groundhawk develops software for mapping and documenting underground infrastructure such as electricity and fiber networks with centimeter-level precision, capturing as-built data directly during construction.

AI & Machine LearningConstruction TechDeep TechEnergySaaSEspoo, FI

Keto Softwareketosoftware.comin𝕏

Keto Software provides a platform that gives leaders a consolidated view of their project and strategy portfolio, combining openness and AI to support decision-making as goals change.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsEmerald Technology Ventures Ag

LiveEOlive-eo.cominMay 2026

Treeline is an AI-powered, satellite-based vegetation management platform that analyzes high-resolution stereo satellite imagery to detect grow-in, fall-in, and hazard trees near power lines with sub-meter accuracy.

AI & Machine LearningClimate TechEnergyEnterprise SoftwareSaaSSpace TechBerlin, DE

Sven Przywarra(Co-Founder)inDaniel Seidel(Co-Founder)in

Co-investorsBerliner Volksbank VenturesDeepTech & Climate FondsDvH VenturesMatterwave VenturesMMC VenturesNordicNinja+4 more

LUMOVIEWlumoview.comin

Lumoview digitizes existing buildings by capturing interior room geometry, facades, thermal and building-envelope data to produce 3D CAD/BIM models, 2D floor plans, room books and structured building data.

AI & Machine LearningDeep TechPropTech

Co-investorsWakeUp Capital

Ora Computingoracomputing.com

Co-investorsxista science ventures

Repathrepath.earthinSep 2024

Repath provides an AI-powered platform that quantifies physical climate risk, financial exposure, and adaptation ROI at the asset level for infrastructure portfolios.

AI & Machine LearningCleantechClimate Tech

Julius Pröll(Co-founder & Managing Director)

Co-investorsAuxxoBetter VenturesLightbird Ventures AGNucleus Capital

Sustashiftsustashift.comin

Sustashift offers a sustainability reporting platform serving businesses, and acquired Tofuture's business to expand to around 60 customers across five countries.

Climate TechImpact & Social GoodSaaS

Synergisynergi.soin𝕏Oct 2024 · $2M

Synergi operates a platform that connects and optimizes distributed energy resources (EVs, solar, heat pumps, batteries) to balance electricity supply and demand across households and the grid.

CleantechConsumerEnergySaaS

Co-investorsHeartfelt CapitalLifeline VenturesWave Ventures

Ubotica Technologiesubotica.com

Co-investorsSeraphim SpaceDolby Family Ventures

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Greencode Ventures made?
Greencode Ventures has 17 tracked investments, including 2 dated in the last 24 months.
What stage does Greencode Ventures invest at?
Greencode Ventures invests at the Seed, Series A stages.
What is Greencode Ventures's typical check size?
Greencode Ventures typically writes checks of $5.4M.
What sectors does Greencode Ventures focus on?
Greencode Ventures focuses on Advanced Manufacturing, AI & Machine Learning, Circular Economy, Cleantech, Climate Tech, Energy, IoT, Mobility & Transportation, New Materials.
Where is Greencode Ventures located?
Greencode Ventures is headquartered in Helsinki, FI.
Does Greencode Ventures lead rounds?
Greencode Ventures typically participates in rounds rather than leading them.
Who does Greencode Ventures co-invest with?
Greencode Ventures most often shares deals with MMC Ventures, Superhero Capital, Lifeline Ventures, among 37 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Images

Greencode Ventures photo

Co-investors · 4

Lifeline Ventures

Lifeline Ventures is a sector-agnostic early-stage investor that partners with founders from the very beginning and supports them as they grow. Its team brings global experience building and scaling companies as founders and in executive roles.

Both backed · 1
Rethink Ventures

Rethink Ventures is a venture capital firm that invests in transportation sustainability companies. The firm focuses exclusively on this sector across its investment portfolio.

Both backed · 1
Point Nine

Point Nine is an early-stage venture capital firm that has operated for nearly 15 years, emphasizing focus over scale.

$1M – $10M
IBB Ventures

IBB Ventures is a Berlin-based venture capital investor that backs startups across healthcare, industrial tech, software & IT, consumer tech, D2C and brands, as well as impact ventures addressing social and environmental challenges.

$108K – $3.2M

Firms observed investing alongside Greencode Ventures, from public investor directories. Shared companies are the overlap with Greencode Ventures's recorded portfolio.

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