Kodama Secures $7 Million Funding To Advance Robotics For Forestry Operations
Kodama, a robotics company developing physical AI for forestry, raised $7 million in a funding round co-led by Konvoy Ventures and Breakwater Ventures , with participation from Blue Forest Asset Management , NYA Ventu…
Kodama, a robotics company developing physical AI for forestry, raised $7 million in a funding round co-led by Konvoy Ventures and Breakwater Ventures, with participation from Blue Forest Asset Management, NYA Ventures, Breakthrough Energy Ventures, Congruent Ventures, Dangerous Ventures, M1C and others, bringing its total funding to $14 million. Led by CEO and co-founder Merritt Jenkins, the company will use the proceeds to expand commercial deployments, deepen OEM partnerships and advance its autonomy technology for off-road environments. Kodama’s systems are already operating in commercial logging operations across the southeastern U.S., with equipped machines moving more than 100,000 tons of timber over the past six months.
FOUNDERS: Merritt Jenkins & Matt Verminski
INVESTORS: Konvoy Ventures, Breakwater Ventures, Blue Forest Asset Management, NYA Ventures, Breakthrough Energy Ventures, Congruent Ventures, Dangerous Ventures & M1C
AMOUNT: $7,000,000
HQ: San Francisco, California
#VentureCapital #Kodama #MerrittJenkins #MattVerminski #TradedVC
ABOUT THE DEAL
- Raise
- $7M
- Round
- Not stated
- Company
- Kodama
- Desk
- Deals
- Filed
- Oct 20, 2026
- Founders
- Merritt Jenkins
- Matt Verminski
- Investors
- Konvoy Ventures
- Breakwater Ventures
- Blue Forest Asset Management
- NYA Ventures
- Breakthrough Energy Ventures
- Congruent Ventures
- Dangerous Ventures
- M1C