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Kodifly Secures $750K from Laidlaw Scholars Ventures to Enhance AI-Driven Infrastructure Management

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Kodifly Secures $750K from Laidlaw Scholars Ventures to Enhance AI-Driven Infrastructure Management

Kodifly, a technology company specializing in AI for infrastructure management and transportation safety, announced a $750K investment from Laidlaw Scholars Ventures. Founded in 2021 by Henry Wong and Saad Shahid Anwel, both former Laidlaw Scholars at The University of Hong Kong, Kodifly leverages camera, LiDAR, and proprietary AI models to enhance urban mobility and infrastructure resilience. Their solutions include traffic management, pedestrian safety, driver aids, and environmental monitoring.

This funding will aid the productization of Kodifly’s technology, which creates digital replicas of environments using LiDAR and real-time video analytics. Kodifly, already securing contracts in airport and highway management in Hong Kong, plans to expand into Southeast Asia, the UK, and the US. This is their first external funding round, marking a significant step towards broader adoption of their platform.

Words from those involved in the funding round: 

 “This investment from Laidlaw Scholars Ventures marks a significant milestone for Kodifly. It will empower us to advance our AI technologies, productise our offerings, and expand our market presence. Ultimately, this will help operators enhance infrastructure management efficiency, improve safety, and reduce maintenance costs by leveraging smart city technology through 3D perception and analytics.”

Henry Wong, co-founder and CEO of Kodifly

“Henry and Saad are exceptional entrepreneurs who were early to identify the opportunities and potential of spatial data. The models they are building have the potential to automate the detection and analysis of any anomaly, and while their success in the Transportation sector is evident, the data they are interpreting has far broader applications, with vast opportunity.”

Niall Santamaria, Chief Investment Officer of LSV