Expansion Venture Capital
Expansion Venture Capital, established in 2010 and headquartered in New York City, is a venture capital firm focusing on early and growth-stage companies. Founded by brothers Joseph and Ryan Melohn, the firm invests in sectors such as consumer, marketplace, mobility, fintech, insurtech, proptech, digital health, femtech, climate tech, esports, and web3. Expansion Venture Capital's team, comprising entrepreneurs themselves, leverages their combined fifteen years of experience to support founders, providing intellectual capital, mentorship, and assistance in business development, fundraising, and press relations. They pride themselves on being readily available to their portfolio companies, fostering a founder-friendly approach where the success of their investments is their primary goal.
Aurora Labs
Seed Round in 2017
Aurora Labs Ltd is a software development company based in Tel Aviv-Yafo, Israel, with additional offices in Munich, Skopje, Boston, and Detroit. Founded in 2016, the company specializes in machine learning, artificial intelligence, and blockchain technologies to address the complexities of automotive software development. Aurora Labs provides AI-based vehicle software intelligence that spans the entire lifecycle of a vehicle, including software development, testing, integration, quality control, and over-the-air updates. Its solutions help automotive manufacturers manage software costs and resources more efficiently while ensuring compliance with industry standards such as ISO-26262/ASIL-D and ASPICE-L2. With approximately 100 patents granted and a commitment to innovation, Aurora Labs has positioned itself as a key player in the evolution of software-defined vehicles, with its products being adopted globally in upcoming car models.
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