Based in Japan and India. Has led to 1 successful fundraise in Japan. Been working the space of Venture Capital and Private Equity for the last 3 years.

The seed round was led by DCM Ventures, with the participation of Khosla Ventures and Eric Schmidt’s Innovation Endeavors, among others. The funding will enable the continued development of AVA’s technology and the expansion of its nutritional science team.

‘AVA solves one of the most frustrating aspects of healthy eating—tracking and managing what you eat—by providing the first auto calorie estimation tool to combine image and human recognition,’ said AVA CEO and co-founder Ian Brady. ‘We are putting intelligent systems in the hands of qualified nutritionists to provide users with highly personalized eating programs based on individual preferences, access to food and, most importantly, nutritional objectives. ”

‘We’re excited about the early traction we’ve seen with AVA and the level of expertise this team brings to what is clearly a growing concern in this country and a huge market opportunity,’ said David Chao, co-founder and general partner at DCM Ventures. ‘AVA offers a highly scalable, customized solution for an increasing number of people working to improve their dietary habits. ”

‘There is a pressing need to automate and optimize human expertise, particularly in the health and wellness sector,’ said Vinod Khosla, founder and managing partner of Khosla Ventures. ‘We believe that AVA is part of that next-generation thinking, with technology that amplifies the potential of highly skilled experts to make important nutritional support more widely available to consumers. ”

AVA is led by a team of seasoned entrepreneurs, nutrition experts and data science innovators, including former co-founders of SoFi, The Grommet and Monster. Chief Executive Officers of Fiksu, Santander Bank and Dana-Farber Cancer Institute

AMOUT AVA

AVA is an intelligent food platform that transforms people’s thinking about food and nutritional health. We’ve brought together some of the best nutrition science and technology talent, along with top Silicon Valley investors, to redesign nutritional decision-making. Founded in 2016 and currently in private beta, AVA is supported by DCM Ventures, Khosla Ventures and Eric Schmidt’s Innovation Endeavors. Please visit www for more information. Uh, EatWithAVA Come, follow @eatwithava or contact media@eatwithava Come on,

ABOUT DCM VENTURE

DCM Ventures is an early-stage venture capital firm based in Silicon Valley, Beijing, and Tokyo with more than $3 billion under management. DCM has invested in more than 280 technology companies across the United States and Asia, providing hands-on operational guidance and a global network of business and financial resources. DCM has backed industry-leading companies such as 51jobs (JOBS), 58 Com (WUBA)-About Com (Acquired by the NY Times Company), BitAuto (BITA), Clearwire (NASDAQ:CLWR), Dangdang (DANG), eDreams (Acquired by TA), Fortinet (FTNT), Foundry Networks (NASDAQ:FDRY), Kabubu Com (TSE:8703), Luxin (002565) SZ), PGP Corporation (acquired by Symantec), Pokelabo (acquired by Gree), Renren (RENN), SandForce (acquired by LSI), Sling Media (acquired by EchoStar), SMI, StarFlyer (TSE:9206), VanceInfo (NYSE: VIT, currently NYSE: PACT) and Vipshop (VIPS) DCM has also invested in exciting new startups such as Analogix, Arrayent, Bill Com, BitTorrent, Kakao, Happy Elements, SoFi, Tuini, and Youxinpai

Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/AVA/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co

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