PortfoLion is a venture capital and growth equity firm backed by OTP Group, focusing on companies across Central and Eastern Europe from early stage to buyout.
PortfoLion Capital Partners led the pre-seed round to help Kodesage accelerate platform development.
"At Kodesage, we believe understanding and modernizing legacy software shouldn't feel like an endless uphill battle. Our AI-powered platform empowers teams to simplify and secure modernization efforts, allowing organizations to focus on building future-ready solutions instead of wrestling with technical debt."
Helen Ventures led the seed round with participation from international investors to fund European expansion and product development.
"It is our privilege to join the Renewabl team in their impressive growth story. Consuming clean electricity that matches on an hourly or 15-minute basis is fast becoming an imperative for net-zero-aligned companies – with good reason – whereas tracking and procuring this energy is a challenge,"
— Mikael Myllymäki, Vice President and Head of Helen Ventures
The Series A round was led by Mustard Seed Partners to support network expansion and recruitment.
"The first years of a child’s development are absolutely crucial for shaping their long-term educational trajectory. Early years educators play an enormous role in this, but astronomical costs and provider shortages have robbed too many families of access to high quality care. That’s why we’re working to reverse the decline in childminder numbers – the most affordable form of childcare – and champion those who want to pursue a hugely rewarding role. Our success is proof that there’s a huge appetite for careers in early years when the right support is on offer. We’re finding the next generation of childminders and securing the futures of the next generation of children."
IVP led the Series B round to support international growth and product development.
"SEON is bringing something different to the fraud prevention market by offering an accessible and flexible solution, which delivers instant results. Once discovered, our solution can be trialed by potential customers in less than 30 seconds and up and running in less than a day,"