Codee Raises €5 Million in Funding

by Kay Aloha Villamor in September 22nd, 2023

Codee, a Coruña, Spain-based software development platform specializing in the automation of code inspection and testing for performance, raised €5 million in funding.

SaaS Investors

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.

About Codee

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.

Funding Details

Company: Appentra Solutions SL

Raised: €5.0M

Round: Unknown 

Funding Month: September 2023

Lead Investors: Swanlaab Venture Factory

Additional Investors: Caixa Capital Risc, Unirisco, Xesgalicia, Armilar, and KFund

Company Website: 

Software Category: Automated Code Inspection Platform




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