The Venture Codex

Participated · Series D · Aug 2026

NavVis provides survey-grade mobile reality capture systems (NavVis VLX and NavVis MLX) and an enterprise cloud platform, NavVis IVION, which together create and manage spatial twins of industrial plants, construction sites and buildings. The company says it captures and processes large volumes of spatial data at roughly 10x the speed of traditional methods and that more than two billion square meters now live on its platform, with more than a billion square meters added in 2025 alone. Over 150,000 users across engineering, maintenance and construction teams rely on NavVis, and the firm counts over 1,500 customers in more than 50 countries, including BMW, Volkswagen, Toyota, Mercedes-Benz, ExxonMobil and Siemens. NavVis has partnerships with technology providers such as SAP, NVIDIA and Autodesk and highlights use cases from reducing downtime to enabling robotics planning and training industrial foundational models. With the Series D funding, NavVis plans to scale its capture infrastructure, expand spatial data turnover, deepen its AI and intelligence layer, and grow its market presence, particularly in the U.S.

Participated · Series B · Jan 2022

RemoteLock (LockState, Inc.) offers a hardware- and software-agnostic, cloud-based universal access control platform that lets customers remotely manage and control access to any space. Its platform supports a wide diversity of smart locks and wired access control devices and integrates with essential business software. RemoteLock serves customers in multifamily, vacation rental, commercial and other industries and has customers in over 65 countries. The company plans to use new funding to accelerate growth, support its growing number of end-user customers and integrated software partners, and expand its library of offerings. Headquartered in Denver, CO, RemoteLock positions itself as a scalable, future-proof access management partner. LockState’s RemoteLock is a cloud-based platform that centralizes management of any internet-enabled lock from a single dashboard, with apps for vacation rentals, retail, commercial spaces, and apartments. The platform offers remote access control, integrations with listing partners like Airbnb and HomeAway to automate guest access, and an open API for integrators. RemoteLock supports many lock architectures and brands and is used across main entryways, internal units, elevators, parking garages, and pool gates. The company serves tens of thousands of rental and commercial properties and has partnerships with Ayla, August Home, Mercury Security, Guesty, and others; customers include Target Stores, Love’s Travel Stops, Coldwell Bankers Vacations, Century 21, Quiznos, and Ring. LockState is expanding operations — moving into a larger warehouse office, hiring sales and marketing staff, and dedicating budget to development. Management has signaled plans to accelerate sales and marketing, expand partner opportunities including blockchain, and push into new B2B and enterprise verticals.