- Kodifly, a technology firm specializing in AI-powered infrastructure management, secured a $750,000 investment from Laidlaw Scholars Ventures.
- Founded by Henry Wong and Saad Shahid Anwel in 2021, Kodifly focuses on leveraging AI, LiDAR, and real-time video analytics for urban mobility and infrastructure resilience.
- The investment aims to productize their solutions, creating digital replicas of urban environments for enhanced safety and operational efficiency.
- Kodifly plans to expand beyond railway sectors into Airport and Highway Management, with contracts already secured in Hong Kong and potential markets across Southeast Asia, the UK, and the US.
- Henry Wong, CEO, anticipates advancing their AI technologies to improve infrastructure management efficiency and reduce maintenance costs.
Main AI News:
Kodifly, a pioneering technology firm specializing in AI-powered infrastructure management for the Transportation sector, has announced a significant investment of $750,000 from Laidlaw Scholars Ventures. This funding injection is set to propel Kodifly’s efforts in productizing their solutions, which harness machine learning to generate digital replicas of urban environments using LiDAR and real-time video analytics.
Founded in 2021 by Henry Wong and Saad Shahid Anwel, former Laidlaw Scholars at The University of Hong Kong, Kodifly leverages advanced camera and LiDAR technology alongside proprietary AI models to enhance urban mobility and bolster infrastructure resilience. Their comprehensive suite of products spans traffic management, pedestrian safety, driver assistance systems, and environmental monitoring. These solutions integrate diverse data inputs—both fixed and mobile—enabling real-time and periodic analysis to deliver actionable insights crucial for rail operators, transport managers, and city planners.
This investment marks Kodifly’s inaugural funding round from external investors, earmarking a pivotal shift from their core railway sector expertise into Airport and Highway Management. Already securing contracts in these sectors within Hong Kong, Kodifly anticipates rapid adoption of their market-leading platform by transportation infrastructure operators across Southeast Asia, the UK, and the US.
Henry Wong, co-founder and CEO of Kodifly, expressed his optimism about the investment: “Securing funding from Laidlaw Scholars Ventures is a significant milestone for Kodifly. It will empower us to advance our AI technologies, commercialize our offerings, and expand our market footprint. Ultimately, this will enable operators to enhance infrastructure management efficiency, elevate safety standards, and reduce maintenance costs through cutting-edge smart city solutions leveraging 3D perception and analytics.”
Niall Santamaria, Chief Investment Officer of Laidlaw Scholars Ventures, praised Kodifly’s entrepreneurial spirit: “Henry and Saad have demonstrated exceptional foresight in leveraging spatial data opportunities. Their AI models have the potential to automate anomaly detection and analysis across various sectors beyond Transportation, promising significant market potential.“
Conclusion:
Kodifly’s successful funding round signifies a strategic move to diversify its market presence and enhance its technological capabilities in AI-driven infrastructure management. This expansion into new sectors positions Kodifly to capitalize on broader opportunities in smart city solutions, potentially setting new industry standards for safety and operational efficiency.
