Private capital
Partner With
Codebyte Ventures
We're building an operational Kids Coding centre and a growing EdTech portfolio in Alberta. We're raising private capital to fund the next phase of growth from a close network.
Access
Request an invite
Full terms, specific rates, and the calculation engine are available inside a private, invite-only portal. Michael reviews all requests personally and responds directly.
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What we're raising for
Funding the Sage Hill opening and early operations
Codebyte Ventures has signed a lease at Sage Hill Quarters, NW Calgary, and is preparing to open its Kids Coding centre in October 2026, with classes commencing January 2027.
We're inviting a small number of close contacts to participate directly in Codebyte's growth — with a choice of structure that fits their preference.
The two structures
Fixed-Term Loan (Promissory Note)
A straightforward lending arrangement with a defined interest rate and repayment schedule. Predictable, documented, secured by a personal guarantee on principal.
Revenue Share Agreement
Participation in the business's gross profit. Returns vary with performance, with a defined cap on total payout. Payments begin in Year 2 to protect the ramp-up period.
Indicative returns
Structures under consideration target indicative returns in the 8–12% range, depending on structure and term.
Actual terms — including specific rates, caps, and schedules — are shared privately with qualified participants after an invite is issued.
This is a private offering available to friends, family, and close business associates of Michael Obembe and Codebyte Ventures. It is not a public solicitation. Minimum participation is $20,000 CAD. Maximum per participant is $200,000 CAD. Total raise is capped at $500,000 CAD across all participants.
Personal guarantee
Return of principal, personally guaranteed.
The founder personally guarantees the return of each investor's principal in the event the business ceases operations. This applies to both instruments. Full details are in the documents.
Covers principal only — not interest or profit above principal
Activates only in the event of a formal Business Stop
All investors treated equally — no priority by size or relationship
Payment may be made over time, not required as an immediate lump sum
This page is informational only. Nothing on this page constitutes a public offer to sell securities or a solicitation of investment. This offering is made under applicable private-placement exemptions (NI 45-106). All prospective investors should seek independent legal and financial advice before participating.