In The News



Startup Restb.ai captures 1.2 million for international expansion

Barcelona, ​​May 15 (EFE) .- The Barcelona startup Restb.ai, specialized in artificial vision that monitors and describes images on the Internet with an accuracy of 99%, has raised 1.2 million euros of funding for the international expansion of its technology.

Restb.ai has completed its first round of investment of 1.2 million, with the participation of US investment fund Court Westcott LLC, the Madrid Capitana Venture Partners fund with Lanta Capital, Athos Capital and Tandem Capital all of them from Barcelona.

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Cisco acquires conversational AI startup MindMeld for $125 million

This morning Cisco announced that it is buying MindMeld for $125 million. Founded in 2011, MindMeld helps businesses to build conversational interfaces with cloud-based services.

MindMeld, originally called Expect Labs, was launched on the stage of TechCrunch Disrupt SF 2012. At that time the startup wanted to build an iPad app that could listen in on your conversations and provide relevant contextual information. Since then the company has expanded its offerings to include a suite of APIs for parsing, reasoning about and generating language.

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Dallas Real Estate Startup Called Door Raises $2.3M

A Dallas startup that aims to ease the burden of buying and selling a home has raised $2.3 million from investors including real estate developer Phillip Huffines.

Door, founded in 2015 by CEO Alex Doubet, charges homeowners a flat rate of $5,000, compared to the traditional 6 percent commission fee, for its brokerage services. Last year, home sellers saved an average of $15,000 under Door’s model.

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Ubimax announces $6 million investment from Atlantic Bridge and Westcott LLC

Bremen, October 6th, 2016: Ubimax, the leading provider of Wearable Computing solutions for desk-less workers today announced a $6M investment from Atlantic Bridge and Westcott LLC. The funding will primarily be used to further grow the company’s existing U.S. business and to extend its market leading position from Europe to the American market.

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AirHelp raises $12 million to deal with airline customer service for you

Few things are more dreadful than dealing with airline customer service. Fortunately, there’s a startup that wants to make those calls for you.

For hassle-free travel, AirHelp is raising $12 million in Series A funding from a group of investors, including Khosla Ventures and Evan Williams.

AirHelp promises to get you money from airlines when you deserve it. And they’ve helped 900,000 customers so far — sometimes even filing lawsuits on their behalf.

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Meta raises $50M more as it gears up for the next version of its AR headset, and China

The market for augmented and virtual reality technology continues to heat up, and now one of the more promising startups making both AR hardware and software has raised a $50 million round to keep up the pace.

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Twist Bioscience Acquires Genome Compiler To Add Gene Design Capabilities

Twist Bioscience Corporation, a company accelerating science and innovation through rapid, high-quality DNA synthesis, today announced the acquisition of Genome Compiler Corporation, an Israeli-based company providing software for genetic engineers, molecular and synthetic biologists.

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