Codee, a Coruña, Spain-based software development platform specializing in the automation of code inspection and testing for performance, raised €5 million in funding.
Swanlaab Venture Factory led this funding round, with continued support from existing investors including Caixa Capital Risc, Unirisco, Xesgalicia, Armilar, and KFund, who had previously invested in Codee during its early stages.
Swanlaab Venture Factory is a venture capital firm that invests in Spanish startups at their earlier stages. It invests in companies operating in sectors such as the Internet of Things, cybersecurity, storage, and data management. The company was founded in 2014 and is based in Madrid, Spain.
Codee Use of Funds
The funding will support Codee's growth and expansion of its customer base while continuing to develop its platform for automated code testing specialized in performance.
Codee is a deep tech company that provides an automatic code inspection platform specialized in performance for time-critical C/C++/Fortran applications. Codee is on a mission to accelerate the digitalized world, empowering businesses to develop faster software. Codee purely focuses on increasing the efficiency of the software development lifecycle. They already have reference corporate and institutional clients in consumer electronics and high-performance computing industries in the USA, China, Israel, Australia, Saudi Arabia, and Europe.
Company: Appentra Solutions SL
Funding Month: September 2023
Lead Investors: Swanlaab Venture Factory
Additional Investors: Caixa Capital Risc, Unirisco, Xesgalicia, Armilar, and KFund
Company Website: https://www.codee.com/
Software Category: Automated Code Inspection Platform