Maverix Leads $30M Series B in KODE Labs

April 25, 2024

KODE Labs, a Detroit-based autonomous smart building platform, closed a $30 million Series B round led by Maverix Private Equity with participation from TELUS Ventures and existing investor I Squared Capital. The funding will accelerate KODE's AI and platform development and support geographic expansion as it helps building owners reduce energy use and carbon emissions.

Buyers
Maverix Private Equity, TELUS Ventures, I Squared Capital
Targets
KODE Labs
Location
Michigan, United States
Transaction Type
Growth capital

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