GreenCode Ventures

GreenCode Ventures, founded in 2022 and based in Helsinki, Finland, is a venture capital firm dedicated to investing in early-phase startups that promote a sustainable and green transition. The firm targets digital-first companies in sectors such as clean energy, information technology, clean technology, climate technology, infrastructure, and mobility. GreenCode Ventures emphasizes investments that not only aim for financial profitability but also have a significant positive impact on the environment and society. By focusing on startups that align with sustainable investment objectives, the firm adheres to regulatory standards regarding sustainability-related disclosures, ensuring that its portfolio contributes meaningfully to the green transition in Europe and Israel.

Manuel Heckmann

Venture Partner

Petra Koivuvaara

Investment Manager

8 past transactions

Sustashift

Seed Round in 2025
Sustashift is a technology company that specializes in assisting businesses, both listed and non-listed, with their corporate sustainability reporting. They provide software solutions and advisory services to help companies comply with the Corporate Sustainability Reporting Directive (CSRD). Their platform offers pre-made templates and automated digital markup for sustainability reports, personalized audit templates, and automated XBRL tagging to streamline the compliance process.

Keto Software

Venture Round in 2024
Keto Software develops portfolio management software that assists organizations in strategically planning and executing projects. Its platform offers features such as strategic initiative road mapping, dependency mapping, portfolio view, evaluation matrix, resource optimization, and risk analysis, enabling users to streamline development processes, enhance efficiency, and accelerate time-to-cash.

Synergi

Seed Round in 2024
Synergi specializes in smart electricity management and demand response solutions for households. The company develops software aimed at facilitating the transition to sustainable energy sources by aggregating household energy resources. This platform addresses issues related to grid imbalance while promoting efficient energy usage. Additionally, Synergi manufactures energy hardware, including electric vehicles, solar panels, and heating and cooling devices, all designed to optimize electricity consumption. By focusing on these areas, Synergi enables individuals to reduce their energy consumption and contribute to a more sustainable energy landscape.

repath

Seed Round in 2024
Repath is a developer of a climate intelligence platform that focuses on identifying and managing climate risks for companies globally. The company offers a user-friendly, automated Software as a Service (SaaS) solution that forecasts future physical climate risks and assesses the vulnerabilities of assets. Repath's platform translates complex climate data into accessible, aggregated results, allowing users to understand critical elements of their infrastructure or supply chain and implement necessary adaptation measures. By providing climate risk analysis and insights, Repath enables organizations to recognize potential hazards and take proactive steps to mitigate them, thereby enhancing their resilience to climate-related challenges.

Southern Lights

Pre Seed Round in 2024
Southern Lights is a Swedish software-as-a-service (SaaS) company focused on the clean energy sector, particularly in the development and assessment of green hydrogen projects. Its platform combines advanced engineering capabilities with extensive datasets and artificial intelligence to provide design and simulation tools. These tools generate detailed reports and assessments aimed at de-risking investment decisions in challenging-to-decarbonize areas, such as energy storage and green hydrogen. By offering precise and actionable insights, Southern Lights enables energy companies to effectively navigate the complexities of clean energy initiatives, enhancing the quality and suitability of their project designs while facilitating rapid iteration.

LiveEO

Venture Round in 2023
LiveEO GmbH is a technology company based in Berlin, Germany, specializing in real-time earth observation applications that integrate satellite imagery and geolocation services. Founded in 2017, LiveEO provides a range of insights-as-a-service solutions aimed at large-scale infrastructure monitoring across various sectors, including railways, power lines, and pipelines. The company's innovative use of artificial intelligence and satellite data allows for effective monitoring of ground movement, vegetation management, and deforestation. By delivering actionable insights, LiveEO enhances operational efficiency and safety, helping clients mitigate risks and manage their assets sustainably. Through its advanced technology, LiveEO is setting new standards in infrastructure management and redefining industry practices worldwide.

Supercritical

Series A in 2023
Supercritical is a software platform focused on assisting businesses in addressing the climate crisis and achieving carbon neutrality. The company provides services that enable organizations to measure their carbon footprint, create actionable plans for reducing emissions, and recommend a portfolio of high-quality carbon removal offsets. By streamlining the process, Supercritical allows businesses to effectively tackle their climate impact within weeks, eliminating the need for a dedicated sustainability team. The company emphasizes that carbon removal is a legitimate and essential pathway to reaching net zero emissions.
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