MoneyThe story, in brief
Startup Kodesage secures seed funding to accelerate on-premises app modernization with AI
$6.6M. That's what VentureFriends just backed for legacy code modernization—and it signals where enterprise AI dollars are actually flowing.
The KeyNews take
Why it matters
AI-powered code modernization is attracting serious early-stage capital, with marquee investors and notable AI researchers backing the space. This signals growing enterprise demand for AI-driven infrastructure transformation beyond model development.
The key facts
7 to know$6.6M seed funding round
Led by VentureFriends
Participated by Portfolion
Angel investors include Google Scholar Christian Szegedy
Company focus: on-premises app modernization with AI
Target market: enterprise software stack transformation
Published June 4, 2026
Go to the source
SiliconAnglesiliconangle.com
Publisher excerpt: Legacy code modernization startup Kodesage Ltd. said today it has closed on a $6.6 million seed funding round to accelerate its mission of helping enterprises transform their on-premises software stacks. The round was led by VentureFriends and saw participation from Portfolion and a couple of…