The Venture Codex Logo

The Venture Codex

Overview

Investment forum and networking for Hawaii's start-up scene.

Founded

2002

Deals · 12mo

2

Links

Stage focus

Seed

Geographic focus

United States

Sector focus

Investment portfolio

  • Pacific Hybreed

    Led · Equity · May 2026

    Pacific Hybreed commercializes hybrid breeding for shellfish to produce high-performance oyster and clam seed without genetic modification. The company applies hybrid vigor and selective-breeding methods to deliver more resilient, uniform seed tailored to farm conditions. Its seed has demonstrated approximately 30% greater yield and up to 50% reductions in harvesting costs due to uniform growth. Pacific Hybreed works with more than 20 farm customers and research sites across North America, and demand for its seed outpaces current production capacity. The company plans to scale commercial hatchery production, expand farm-specific breeding programs, and broaden into additional species beyond Pacific oysters, including clams. It recently closed a $1 million funding round with participation from Hawaiʻi Angels and Blue Startups to support those plans.

  • Olelo Intelligence

    Led · Equity · Jan 2026

    Olelo Intelligence builds an AI sales guidance platform that analyzes service-advisor calls for automotive repair shops, surfaces missed revenue opportunities, and offers real-time coaching to improve appointment booking and service authorization rates. The company also supplies after-hours AI phone agents that capture leads when human staff are unavailable, broadening revenue capture windows. Since closing its most recent round in fall 2025, Olelo Intelligence has been deployed in more than 100 shop locations across 62 franchisees and has secured a national partnership with AAMCO Transmissions & Total Car Care. These early scale indicators highlight rapid adoption within a fragmented, service-center market. Co-founded by CEO Miki Hardisty and CRO Ed Moore and headquartered in Honolulu, the startup plans to channel new capital into product development and broader market expansion. The $1 million raise underscores investor confidence in the company’s ability to translate call-analytics insights into measurable revenue uplift for repair operators.

  • Thrive Smart Systems

    Led · Equity · Apr 2025

    Thrive Smart Systems builds fully wireless irrigation systems whose flagship product, the Thrive EVO™, eliminates the wiring between irrigation controllers and valves. The Thrive EVO™ can communicate reliably up to 200 yards through obstructions and is compatible with industry-standard multi-wire controllers, including Rain Bird and Hunter. By removing the need to trench and bury wires, the system reduces installation time, labor and material costs and lowers maintenance complexity. Thrive has installed more than a thousand units to date, with deployments at Google and Apple campuses as well as schools, universities, churches, city parks and commercial properties. The company plans to launch a cloud-connected LoRa version this year to extend wireless range and remove the need for a physical irrigation controller.

  • Kiana Analytics

    Participated · Equity · Apr 2015

    Kiana Analytics provides cloud-based device detection and customer analytics software for operations and proximity marketing. Its platform lets retailers, shopping centers, restaurant chains, event venues and other businesses identify and understand WiFi-enabled foot traffic and showrooming behavior. The product also helps customers measure and improve operations, strengthen on-site security and execute real-time targeted campaigns. The company was founded in July 2013 by CEO Nader Fathi and is based in Sunnyvale, CA. Kiana has raised more than $1M in financing and is using the funds to grow the business. The offering is targeted at businesses worldwide that want to convert visitors to buyers.

  • Volta Charging

    Led · Seed · Aug 2012

    Volta operates free EV charging stations financed by integrated outdoor digital advertising and partners with businesses and real estate owners to install chargers in high‑traffic locations. The company launched in 2010 and is based in San Francisco. Volta has deployed stations in Hawaii, San Diego, Los Angeles, San Francisco and Silicon Valley, Chicago and its suburbs, Phoenix, Dallas and Houston. It says it has delivered more than 45 million free electric miles to drivers. Volta makes money from the advertising on its charger designs and will use the new capital to expand its network, adding chargers in existing cities and entering new markets. Volta Charging operates an ad-supported electric-vehicle charging network that offers free power at outdoor, sponsor-funded charging stations. The company has deployed a network of 1,000 charging stations open for sponsorship and aims to reach 2,000 by the end of 2018. Volta launched initial stations in Hawaii and has expanded into the top 10 U.S. media markets. Its sponsored stations have delivered the equivalent of 22 million miles of driving and avoided about 9 million pounds of CO2 emissions. The company is based in San Francisco and was founded in 2010. Financially, Volta has raised $60 million in total to date, including the new Series C. Volta Industries operates a network of free electric car-charging stations underwritten by socially responsible brands. Its core product is outdoor charging stations deployed in retail locations, where charging is offered at no cost to drivers. The company has deployed more than 100 stations across five cities, including the San Francisco Bay Area, Los Angeles, San Diego, Phoenix and Honolulu. Volta intends to use proceeds from its recent financing to expand that network into more communities. Financially, the company closed a $4.5M Series A and secured a separate $3M project financing facility to support deployment. Volta was founded in 2010 and is based in San Francisco; Scott Mercer is CEO and Michael Menendez is CTO. Volta Industries designs, plans, constructs and installs free-to-use electric vehicle charging stations that are sponsored by advertising partners. Founded in 2010 by Scott Mercer (CEO) and based in Honolulu, the company places stations in high-visibility locations such as shopping centers and movie theaters. Volta supplies the energy to EV drivers at no charge and generates revenue through advertising that sponsors the charging units. Stations are active in Hawaii, California and Arizona. The company intends to use new funds to launch a station-finder mobile app and to accelerate expansion of its EV charging network throughout North America. To date it has raised $1.875M from a group of investors including EPIC Ventures, Blue Startups, 500 Startups and Ulupono Initiative. Volta designs, installs and maintains EV charging stations for properties and supplies the energy to drivers at no cost. The company’s kiosks display sponsor advertising on the front and back, which funds the free charging service. Its stations provide approximately 15 to 20 miles of range per hour of charging. Volta plans to expand its network first to California this year and then nationwide, and aims to install 30 kiosks by year-end. Company leadership is actively developing mainland projects, with Volta President Christopher Ching relocating to California to work with property owners. The company received a seed investment to support that expansion amid strong regional EV adoption metrics cited in the article.

Insights

Team