Expansion Venture Capital
Expansion Venture Capital is a New York City-based venture capital firm founded by brothers Joseph and Ryan Melohn. The firm specializes in providing capital investments to early and growth stage companies across various sectors, including the Internet, e-commerce, education, biotechnology, and energy markets. With a team composed of experienced entrepreneurs, Expansion Venture Capital brings a unique perspective to its investments, offering not only financial support but also mentorship and business development assistance. The firm emphasizes a founder-friendly approach, aiming to be a reliable resource for entrepreneurs by being readily available and actively involved in their companies' growth. Expansion Venture Capital is committed to fostering the success of its portfolio companies, believing that true innovation and excellence in business are driven by entrepreneurs rather than traditional venture capitalists.
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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