Startups

Find the latest information from post5.net on product launches and VC funding news for the hottest new companies / startups

With a $1.5M seed round, Eloquent Labs mixes AI and Mechanical Turk to fix customer service

Keenon Werling would be the first to agree that conversational AI is regularly overhyped. So instead of taking the traditional approach and gloating about a glitzy new deeper learning algorithm to pitch his new venture Eloquent Labs, Werling instead opted to differentiate by optimizing something far more low-tech, people. The startup’s special sauce is embracing a mix of AI, crowd […]

Report: $12BN invested in European startups last year, but fewer $30M+ deals

Investment in European startups held up last year despite fears of a slowdown, with some $12 billion invested during the year, according to an annual report compiled by French investment advisors Clipperton, working with Digimind’s WhoGotFunded database. The report notes the year as effectively on a par with 2015’s record level of European* startup investment. However the looming […]

Drone delivery startup Flirtey raises $16 million to become a next-gen UPS

Drone delivery startup Flirtey has raised $16 million in Series A funding to bring its high-flying service to new customers, companies and possibly countries. Earlier, the startup raised $120,000 in seed funding and participated in the Y Combinator accelerator. Flirtey was also the first company to attain FAA approvals to conduct a drone delivery in the US in 2015. That fact helped it […]

Iris Automation raises $1.5 million to help drones sense and avoid obstacles

Iris Automation Inc. has raised $1.5 million to bring “sense and avoid” technology, and truly self-flying capabilities, to drones used for industrial tasks. Even for human pilots, identifying obstacles and deciding precisely how to maneuver a fast-flying aircraft around them poses a serious challenge. Iris’ technology analyzes and draws insights from videos captured by cameras onboard […]

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