Codee Raises €5M in Funding

The round was led by Swanlaab Venture Factory with participation from current investors Caixa Capital Risc, Unirisco, Xesgalicia, Armilar, and KFund. The company intends to use the funds to grow and nurture its customer base as well as continue building its platform for automated code testing specialized in performance. It achieves this using its core engine, a technology leap from the LLVM Intermediate Representation, to extract conceptual features from the source code and implement code checkers that automate the rules of the Open Catalog of Best Practices for Performance. The company’s value proposition has been proven with the C programming language in the x86 ecosystem, enabling up to 18x performance boost for compute-intensive workloads using Intel oneAPI tools. Codee is extending support for the C++ and Fortran programming languages, as well as for the Arm and RISC-V ecosystems.