Aram Melkoumov

909 Flips | 14 Magazines | 20 Likes | 6 Following | 95 Followers | @melkoumov | Startup guy. Tech junkie.

Vicarious gets another $50 million to expand its research team and build smarter robots

Elon Musk and Mark Zuckerberg might not be able to agree about much when it comes to AI these days, but the pair do seem to see the same potential in Vicarious, a startup applying unsupervised learning techniques to robots. Musk and Zuckerberg were two of the early backers of Vicarious. The startup …

Momenta raises $46M Series B for its self-driving car software

Beijing-based Momenta announced this morning that it raised a $46 million Series B round led by NIO Capital. Momenta produces self-driving car software that applies deep learning to mapping, path planning and object recognition problems. Shunwei Capital, Sinovation Ventures, Unity Ventures and …

SnapTravel raises $8 million for a hotel booking service that works over chat

Chatbots – automated bots that let you interact with a service or brand via messaging apps or SMS – haven’t yet become breakout hits, as a group. But that hasn’t stopped investors from pouring in $8 million into a hotel booking startup called SnapTravel, which lets users find and book rooms via SMS …

Ohpen, a cloud-based ‘core banking provider’, scores €15M Series B at €100M valuation

Ohpen, a Netherlands-based company that has built cloud-based core banking software, has raised €15 million in Series B funding, which I understand gives it a valuation of €100 million. Private equity firm Amerborgh has led the round, with the new financing pegged for accelerated growth, including …

Venture Capital

Push Doctor, an app that lets you video call a doctor, raises $26.1M Series B

Push Doctor, a U.K.-based startup that lets you book a video consultation with a doctor and manage other aspects of your health digitally, has raised $26.1 million in Series B funding.<p>Leading the round are Accelerated Digital Ventures, and Draper Esprit, with participation from European VCs Oxford …

Kinetica scores $50 million Series A for super-charged in-memory database solution

Kinetica’s roots as a company go back to a 2009 consulting project for U.S. intelligence services. When they couldn’t find a solution on the market to meet the strict demands of the army and NSA to track terrorists in real time, they decided to build one. Today, it’s an in-memory database solution …

Investors are preparing to give fintech app Revolut £50 million even though it's bleeding money

LONDON — Fast-growing fintech app Revolut is close to sealing a £50 million funding round that will value the nascent company at £300 million, Sky News reports.<p>London VC Index Ventures, already an investor in Revolut, is leading the round, Sky says. Silicon Valley investor Ribbit Capital is also …

Accel leads $22.8M Series A in Swedish telehealth startup, KRY

Swedish digital healthcare startup KRY has closed a €20 million ($22.8M) Series A round of funding to grow its on-demand video-call-a-doctor business, including expanding into new markets. Existing investors Index Ventures, Creandum and Project A also participated in the round.<p>The startup, which …

Platform9 raises $22 million to help enterprises manage hybrid clouds

Platform9, a startup that helps companies manage their cloud software deployments across on-premises data centers and the public cloud, announced today that it raised a $22 million series C round of funding. Canvas Ventures led the round, which also included participation from Hewlett Packard …

8 tips for being productive on the iPad with iOS 10

You can do more than you think<p>In my review of the iPad Pro 10.5, I said that most people should probably wait until all the productivity improvements coming in iOS 11 are available before buying one. But you didn't wait, did you, you maniac? You went out and bought one, and are now wondering how …

Capnamic closes €115M fund for ‘digital transformation’ of Germany, counts Cisco and Axa as LPs

Capnamic Ventures, an early-stage venture capital firm based in Berlin and Cologne, is announcing the final closing of a new €115 million tech fund. The VC says it will invest in tech companies predominantly in the German-speaking region of Europe, with a focus on “B2B solutions, digital …

Flip gets $2.2 million to grow its marketplace for long-term sublets

For anyone who’s ever wanted to break a lease, but felt trapped by their contract, Flip has the service for you.<p>The company, which allows users to sublet or get out of their lease, has just raised $2.2 million in new financing to grow its business and is looking to expand beyond its suite of …

Consulting Matchmaker Catalant Lands $41 Million In New Funding

Catalant Technologies, a Boston-based software startup that helps companies find on-demand business expertise, has raised $41 million in new investment. That includes debt financing and a Series D venture capital round co-led by Highland Capital Partners and General Catalyst Partners. Greylock, GE …

Your.MD raises $10M to grow AI-driven health information service and marketplace

Your.MD, an AI-driven health information service delivered via a bot, has raised $10 million in new funding. The round was led by Orkla Ventures, the venture arm of Orkla, a leading supplier of branded consumer goods to the health, pharmacy, and grocery sectors in the Nordics, Baltics and parts of …

reVIVE wins the Disrupt NY 2017 Hackathon Grand Prize

It’s been a long night at Pier 36, also known as Basketball City. But this time, you couldn’t see hoops. Instead, the building hosted a very special competition — the Disrupt NY Hackathon.<p>Around 750 engineers and designers got together to come up with something cool, something neat, something …

MakeSpace raises $30 million to store your belongings

If you live in New York, you’ve seen the subway ads. MakeSpace wants to free your apartment of clutter.<p>And now the self-storage startup is getting $30 million to execute on their vision. This follows another $17.5 million raised last year.<p>Venture capitalists from 8VC, Upfront Ventures, Harmony …

Bedly raises $2.7 million to make renting an apartment a little less horrible

Craigslist is great for serial killers and spear-phishers, but less than ideal for anyone looking for housing.<p>As a platform for renters, Bedly aims to take some of the pain out of the housing-rental process — and it’s hoping that’s a draw for landlords too. Co-founded by Martin Greenberg, formerly …

Fabric raises $2.5 million to simplify life insurance

Parents’ worry for their children often leads them to what should be a simple decision: life insurance. But the process can be complex and expensive. Fabric wants to change that by providing a straightforward mobile solution that bypasses commission-driven insurance agents. The Brooklyn-based …

Beekeeper, the mobile-first communications platform for non-desk workers, raises $8M Series A

Beekeeper, the Switzerland and U.S.-based startup that provides a mobile-first communications platform for employers that need a better way to communicate with blue-collar and service-oriented workers, has raised a further $8 million in new funding.<p>The Series A round was led by Keen Venture …

Collibra nabs $50M led by ICONIQ to fix companies’ data governance

Data governance and management startup Collibra — originally founded in Belgium but now based out of New York to help businesses in sectors like finance and healthcare to manage and comply with data retention policies — has raised $50 million in its latest round of funding.<p>The company is not …

My 1st Years, a startup that sells personalised gifts for babies and children, raises further £5M

My 1st Years, a U.K.-based e-commerce startup that offers personalised gifts for babies and children, has picked up £5 million in growth funding.<p>The round, which adds to the £2 million raised previously, was led by Beringea, with participation from funds managed by Hargreave Hale. The company says …

Monese raises $10M Series A for its banking app targeting immigrants and expats

Monese, the London-based fintech startup that offers a mobile banking app for immigrants and expats who might otherwise find it difficult to open a bank account outside of their originating country, has raised $10 million in Series A funding.<p>The company plans to use the new capital to launch a Euro …

Rockets of Awesome, which sends parents curated boxes of kid apparel, just raised $12.5 million

Stitch Fix, Trunk Club, and other subscription e-commerce businesses have made it easier for adults to discover clothing they like without having to trundle through department stores. Users sign up for the services, which survey them about their likes, dislikes, preferred brands and price points, …

Xplenty raises another $4 million to help you integrate all your data

The internet has changed a lot over the last two decades, but many companies are still using legacy technologies to extract, transform and load their data into warehouses. One new entrant, Xplenty, is hoping that its fresh approach, prioritizing cloud services, will provide a solid foothold in the …

eSUB Construction Software raises $5 million to help subcontractors track jobs and get paid

A San Diego startup called eSUB Construction Software has raised $5 million in a Series A round led by Revolution Ventures according to President and CEO Wendy Rogers.<p>The company’s cloud-based project management apps help subcontractors track and get compensated for all the work they do on …

Managed By Q lands $30 million in Series C funding

Managed By Q, a service that automates office management, has raised $30 million in Series C funding, according to SEC filings.<p>Managed By Q started off as a NY-based platform that let office administrators more efficiently deal with the tedious housekeeping of an office, from cleanings to supplies …

Open-Xchange raises $5.2 million and teams with Qwant to develop email with new privacy protections

Nuremberg-based Open-Xchange, a long-time provider of white label email, is taking a giant leap into the consumer space by developing a service designed to strike a new balance between privacy and advertising.<p>During a French-German government digital summit this week, Open-Xchange announced a …

Stash raises $25 million for an app that can turn anyone into an investor

Stash, a mobile app aimed at helping novices invest their hard-earned money, has raised $25 million in a Series B round led by Valar Ventures, with participation from Breyer Capital, Goodwater Capital, and Entrée Capital.<p>The funding comes less than four months after Stash closed a $9.5 million …

Conversica lands $34 million Series B to build intelligent sales assistants

After a potential customer has first contact with a business, sales gets in gear, often responding with an introductory email. Conversica has developed an artificial intelligence system designed to automate these early contact emails, and pass it off to a human salesperson when the time is right. …

Robotics startup Exotec raises $3.5 million to help warehouses pack and dispatch goods using mini robots

A French robotics startup has raised €3.3 million ($3.5 million) to build and grow a fleet of mobile robots that help warehouses prepare orders for delivery.<p>The company was founded in 2015 by former GE Healthcare software architect Renaud Heitz and BA Systèmes technical director Romain Moulin, and …

Robotics