Wharton grad and CEO Ted Iobst said the company will use the money to hire across its teams and release new products.

Philadelphia-based 'Warby Parker of strollers' Colugo raises $4.1M in Series A

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Colugo, the 'Warby Parker of strollers,' raises $4.1M in Series A -
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Bechtle collaborates with AI company Colugo of the Cyber Valley start-up network
Bechtle, Colugo and the state co-design a 30-day exhibit located in the heart of Potsdam
Neckarsulm, 4 September 2020 - As part of the German Unity Day 30th anniversary celebrations, the city of Potsdam will host the EinheitsEXPO beginning on 5 September 2020. Baden-Württemberg will use the occasion to showcase its clout as a future-oriented and innovative German state-together with Cyber Valley, Europe's largest research consortium in the field of artificial intelligence. As the primary sponsor, Bechtle AG will support Colugo GmbH in providing technical equipment, as well as planning, organising and realising the installation. Until 4 October 2020, the state, together with Bechtle and Colugo, will put a focus on the impact artificial intelligence (AI) has on society and the economy in its City Cube in Potsdam. Visitors to Baden-Württemberg's futuristic presentation will be welcomed by a never-before-seen art installation called Grenzauflösung (roughly, dissolving borders) with a large video wall to visualise the creative process of neural networks. Artificial intelligence will interpret what's happening outside the cube in real-time and translate it into art, allowing visitors to influence the result. The interaction will be live-streamed to AI information platform kreative-ki.de beginning on 5 September. Co-created and operated by Bechtle, this website shines a light on the social and economic aspects of AI, as well as innovative AI projects. The project introduces Bechtle and Colugo as trailblazing organisations that bring cutting-edge AI solutions to SMEs, while bolstering Baden-Württemberg's standing as an economic hotbed. 'We are delighted to be bridging the gap between science and business together with Colugo, making advanced AI solutions available to our SME customers for a lasting effect on their digital transformation,' says Michael Guschlbauer, COO IT System House & Managed Services, Bechtle AG. The Cyber Valley initiative brings excellence and responsibility in fundamental AI research in touch with its practical application in business. A beacon in Europe's scientific AI landscape, Cyber Valley is considered one of the epicentres of artificial intelligence in the world. As a member of its start-up network, Tübingen-based Colugo is an authority in highly innovative solutions employing neural networks. Doubling as the Lunar Ring group of artists, the company's founders also explore AI as a novel means of expression. 'Were it not for our interest in the aesthetic aspects of artificial intelligence, we'd have overlooked quite a few business solutions. In turn, innovative ideas in business also inspire our art. It's a wonderful symbiosis that makes the abstract complexities attached to AI come to life so they can be experienced with our senses,' says Dr Johannes Stelzer, managing director, Colugo GmbH. The kreative-ki.de website will remain online beyond the end of the exhibition and continue to be updated with more content. Attachments

Bechtle : supports Baden-Württemberg's cutting-edge AI presentation during 30th German Unity Day celebrations

Bechtle arbeitet mit Colugo, einem KI-Unternehmen im Cyber Valley Start-up-Netzwerk, zusammen
Gemeinsam mit dem Land gestalten Bechtle und Colugo einen Ausstellungsbeitrag, der 30 Tage lang in der Potsdamer Innenstadt zu sehen sein wird
Im Rahmen der Jubiläumsfeier zum 30. Tag der Deutschen Einheit findet ab dem 5. September 2020 die sogenannte „EinheitsEXPO“ in Potsdam statt. Baden-Württemberg präsentiert sich in diesem Rahmen als zukunftsorientiertes und innovationsstarkes Bundesland – gemeinsam mit dem Cyber Valley, dem größten Forschungskonsortium für Künstliche Intelligenz in Europa. Als Hauptsponsor unterstützt die Bechtle AG die Colugo GmbH bei der technischen Ausstattung sowie der organisatorischen Planung und Umsetzung des Beitrags. Bis zum 4. Oktober 2020 informiert das Land gemeinsam mit Bechtle und Colugo in einem gläsernen „City-Cube“ in Potsdam über wichtige gesellschaftliche und wirtschaftliche Aspekte von Künstlicher Intelligenz (KI). Die zukunftsweisende Präsenz Baden-Württembergs empfängt die Besucher mit der noch nie gesehenen Kunstinstallation „Grenzauflösung“, die auf einer großen Videowand den kreativen Schaffungsprozess neuronaler Netzwerke erfahrbar macht: Die KI interpretiert die Vorgänge vor dem Cube in Echtzeit künstlerisch neu und ermöglicht den Besuchern, sich aktiv einzubringen. Die Interaktion wird ab dem 5. September per Live-Stream auf die KI-Informationsplattform  kreative-ki.de  übertragen. Die von Bechtle technisch betriebene und inhaltlich mitgestaltete Webseite beleuchtet gesellschaftliche und wirtschaftliche Aspekte von KI und stellt Innovationsprojekte vor. Gemeinsam positionieren sich Bechtle und Colugo damit als Wegbereiter für den Einsatz neuester KI-Lösungen für den Mittelstand und stärken so den Wirtschaftsstandort Baden-Württemberg. „Wir freuen uns, gemeinsam mit Colugo die Brücke von der Forschung zu den mittelständischen Unternehmen zu schlagen und so unsere Kunden mit zukunftsorientierten KI-Lösungen nachhaltig in ihrer digitalen Transformation zu begleiten“, sagt Michael Guschlbauer, Vorstand IT-Systemhaus & Managed Services, Bechtle AG. Die Cyber Valley Initiative vereint exzellente und verantwortungsvolle KI-Grundlagenforschung mit ihrer Anwendung in der Industrie. Sie nimmt einen herausragenden wissenschaftlichen Platz in der europäischen KI-Landschaft ein und gilt als einer der Top-KI-Standorte weltweit. Als Mitglied des Cyber Valley Start-up-Netzwerks ist das Tübinger Unternehmen Colugo Experte für hochinnovative Lösungen mit neuronalen Netzwerken. Seine Gründer setzen sich darüber hinaus als Künstlergruppe „Lunar Ring“ mit neuen Ausdrucksmöglichkeiten der KI auseinander. „Ohne unser Interesse für die ästhetischen Aspekte von KI hätten wir manche Geschäftslösung nicht entdeckt. Die neuen Ansätze in den Unternehmen inspirieren uns wiederum in der Kunst. Es ist eine wunderbare Symbiose, die den komplexen KI-Begriff für den Menschen erleb- und begreifbar macht“, sagt Dr. Johannes Stelzer, Geschäftsführer der Colugo GmbH. Die Webseite  kreative-ki.de  wird nach Ende der Ausstellung bestehen bleiben und um weitere Inhalte ergänzt. Über Bechtle
Die Bechtle AG ist mit 75 IT-Systemhäusern in Deutschland, Österreich und der Schweiz aktiv und zählt mit 24 E-Commerce-Gesellschaften in 14 Ländern zu den führenden IT-Unternehmen in Europa. Gegründet 1983, beschäftigt der Konzern mit Hauptsitz in Neckarsulm derzeit rund 12.000 Mitarbeiter. Seinen mehr als 70.000 Kunden aus Industrie und Handel, öffentlichem Dienst sowie dem Finanzmarkt bietet Bechtle herstellerübergreifend ein lückenloses Angebot rund um IT-Infrastruktur und IT-Betrieb aus einer Hand. Bechtle ist im MDAX und im TecDAX notiert. 2019 lag der Umsatz bei rund 5,37 Milliarden Euro. Mehr unter: bechtle.com
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Bechtle

Baden-Württemberg präsentiert mit Unterstützung von Bechtle KI-Spitzentechnologie zum 30. Tag der Deutschen Einheit

Foto: Colugo
If you’re traveling with a baby or a toddler, you’re    more than a little crazy if you travel without a    stroller. But leave behind your everyday stroller and make the trip as    smooth as can be with a great travel stroller. The Colugo Compact    Stroller is our top pick because it folds down with one    hand in about two seconds, so you never miss a moment while you    and the family are on the go. When you’re away from home with your little one, a stroller is  more than just a child conveyance system; it’s like a mobile  command post. A stroller is a tactical nap station, a baby wipe,  diaper, snack, and spare clothes supply depot, a foul weather  baby bivouac, and, of course…a child conveyance system. Any  decent everyday stroller will meet all those metrics with an  adjustable seat, a storage basket, a reliable canopy (and often  an additional rain cover), and smoothly rolling, easy-to-control  wheels. Finding a travel stroller that checks all those boxes while still  being compact enough to bring along on planes, trains, and  automobiles (and subway cars and uh… ocean liners?) is a  trickier proposition. Far too many compact, collapsible strollers  sacrifice quality and convenience in the name of reduced weight  and size. But when you’re miles from home, you don’t need a  stroller that’s less effective and reliable than your larger  everyday unit. If anything, you need to trust your travel  stroller even more than its workaday counterpart, because all the  rest of your baby hardware might be across the city, state, or  ocean. After experiencing a stroller all but fail on my family while we  were in Europe on a vacation, I can tell you personally how  important it is to have a great travel stroller. Thus, I’ve put  together this list of five options, each of which boasts its own  specific merits and any of which will likely serve your on-the-go  gang just fine. When choosing the best travel stroller for your baby or toddler,  consider the child’s size and age, the amount of weight you feel  comfortable carrying when the stroller is folded, and the places  you’ll visit and the ways you’ll get there. While all of the  strollers on this list fold up easily, roll along smoothly, and  enjoy excellent safety ratings, not all are suitable for the same  uses and the same ages. But hey, that’s why we feature options,  right? Here are the best travel strollers you can buy:
Prices and links are current as of 1/30/2020. The best travel stroller overall
The Colugo Compact Stroller folds  down with one hand in about two seconds, and it tucks away into a  backpack. Colugo is a newcomer to the baby gear marketplace, but mark my  words: some day, it’ll be considered a legacy brand. I say that  for three reasons. First, the Colugo Compact Stroller is  genuinely one of the most compact folding strollers I’ve ever  used. How compact is it? It folds down small enough to fit into a  backpack that comes included with the stroller. Yet when  deployed, it’s even larger than the average umbrella stroller,  approximating the feel and function of a full-sized option. Second, given its amazingly small size when folded and its ease  of control when in use, the Colugo Compact is a great price at  just $285. It costs less than half as much as many comparable  strollers I’ve tested out over the years, with no major drawbacks  or missing features. There’s a basket for storage, the seat  reclines, the wheels lock reliably, and so on. And third, the company’s commitment to customer service makes the  overall Colugo shopping experience a pleasure. Colugo calls  itself the „Warby Parker of strollers.“ The founder and CEO Ted  Iobst wanted to make the stroller shopping experience „less  overwhelming for parents.“ Thus, Colugo offers an almost unheard  of 100-day trial. You can use your Colugo Compact for more than  three months and, if you don’t like it, you can send it back for  a full refund. Owning one myself, however, I can tell you the chances of sending  it back are pretty low. The chances of you popping your Colugo  Compact in its backpack, strapping your kid in a car seat, and  heading out for an adventure? Pretty high. Pros: Folds with one hand, fits into a backpack,  excellent customer service
Cons: Not suitable for newborns
The best multi-age travel stroller
Foto: sourceJoolz
The Joolz Hub Stroller folds down small enough for travel, yet it’s capable enough to  serve as the only stroller your kid ever needs. Let’s lead with the only two issues to be found with the Joolz  Hub, and I say this as a satisfied owner of this exact stroller. One, it’s pretty heavy at about 25 pounds. And two, it’s pretty  pricey at nearly $700. That said, it folds down smaller than many strollers and you will  certainly get your money’s worth. That latter point is especially  true, as you can use the Joolz Hub from the  very first days of your baby’s life through the time when he or  she weighs 45 pounds. The Joolz Hub can be outfitted with a bassinet for newborns, a  seat insert adding extra support for babies, and then as a  standard stroller with a reclining backrest and an adjustable  footrest for kids well into their toddler years. It can  accommodate multiple brands of car seats, too, when outfitted  with connection hardware. When in use, the Hub is the same size as full-sized options. But  when folded up, it is small enough to fit in any car’s trunk,  into an overhead bin on a plane, or on a train’s luggage rack. You can also sling it over your shoulder using the included  carrying strap. While the Joolz Hub is indeed much heavier than most travel  strollers, the fact that it packs down small enough for travel  and that it offers the same capabilities as larger everyday  strollers mitigates the weight to some extent. As noted, the  years of potential service make that price easier to digest, too. A writer from BabyVillage called the Joolz  Hub ideal for people who „use a combination of public transport  and [their] own car“ as it fits in luggage racks or trunks so  well, and went on to note the stroller’s deft maneuverability. Pros: Works from newborn through toddler, good  storage basket, smooth and stable even on varied terrain
Cons: Heavy, expensive
Foto: sourceMaxi-Cosi
Weighing in at just 14 pounds, the Maxi-Cosi Lara Stroller won’t  weigh you down as you log the miles during a vacation, holiday  travel, or just an epic journey across town. In case you’re not 100% up to  speed on stroller weight ratios, let’s get one thing clear: a  stroller that weighs 14 pounds yet can safely support kids  weighing up to 50 pounds is crazy impressive. The Maxi-Cosi Lara Ultra Compact  Stroller is the lightest weight stroller on our list, yet it  also has the highest maximum weight limit among the models  reviewed here. Now, the Lara isn’t the most  versatile stroller out there. This is much more of a traditional  umbrella stroller than, say, the highly adaptable Joolz Hub. It  has smaller wheels that won’t do well on anything but hard  surfaces (though a suspension system will absorb some of the  jolts and jostles that come with sidewalk cracks or the errant  twig or pebble) and it’s not suitable for use with newborns, but  for the family with a child aged six months through the toddler  years, it’s an overall capable option at a fair price. But again, what’s the real  selling point here? It’s that 14-pound weight. The fact that the  stroller collapses small enough to be slung over the shoulder  doesn’t hurt, either. The included parent cup holder and dual  storage baskets are the icing on the cake. A mom named Renee left a review  on Bed, Bath & Beyond’s website calling the Maxi-Cosi Lara a  „traveling family’s dream stroller“ thanks to how easily it „can  fold and unfold,“ the shoulder carrying strap, and its „canopy  that extends far enough down“ to provide full shade. The product testers from PishPoshBaby noted how the Lara „takes just one hand“ to  fold down and highlighted the „two baskets for all your  stuff.“
Pros: Amazingly  lightweight, folds down small, dual storage spots
Cons: Not great  on varied terrain
The best stroller/car seat combo
Foto: sourceDoona
With the Doona + Infant Car  Seat/Stroller , you don’t even need a stroller at all, because  the car seat doubles as the stroller itself. As I like to do in most cases, let’s lead with the issues when  talking about the Doona + Infant Car  Seat/Stroller . If your baby (or babies) are anything like  mine, then spending all day strapped into a car seat isn’t their  idea of fun. As necessitated by safety standards, car seats are  much more restrictive and confining than stroller seats, what  with the impact zones and all. And with the Doona, the car seat  itself converts into a stroller, so getting out of the car and on  the move on foot doesn’t offer respite from the confines of the  car seat. That said, many babies don’t seem to much care whether they’re in  a car seat or stroller. So let’s move to the second issue, the  $500 price tag. This is the second most expensive option on our  list, and yet you can only use it until your child reaches 35  pounds, with many kids outgrowing it before that weight due to  their height. It’s rated for a maximum user height of 32 inches. There, the drawbacks have been covered. And what we are left with  is a unique, clever design that is perfect for the family that  travels, the family that lives in the city, or, of course, for  the city-dwelling family that travels. By combining the car seat  and stroller into one unit, the Doona + Infant Car Seat/Stroller  precludes the need to travel with two large items. It also means  less to store at home, which is ideal for apartment living, or  for anyone with limited storage space. The Doona + Infant Car Seat/Stroller comes with a LATCH system  compatible base that can be left in the car permanently, with the  car seat/stroller clicking in and out with ease. Deploying the  stroller’s wheels takes just a few seconds, and of course there’s  no need for that laborious process of transferring your baby from  the car seat to the stroller, a priceless touch, especially if  the child is sleeping. Pros: Converts from car seat to stroller,  excellent safety rating, easy to use
Cons: Expensive, quickly outgrown
Foto: sourceBaby Trend
The Baby Trend Jetaway Plus Compact  Stroller features a telescoping handle, so you can roll it  along just like roll aboard luggage when it’s folded down. Earlier, we talked about a super  lightweight stroller that tips the scales at a mere 14 pounds. The Baby Trend Jetaway Plus Compact  Stroller isn’t much heavier, coming in at just a few ounces  shy of 15 pounds. That 14-pounder is impressive, to be sure, but  try carrying it around slung over a shoulder for more than an  hour or two, and most people are going to end up pretty sore. However, almost any healthy adult could go all day pulling a  piece of rolling luggage that weighed 15 pounds. Why do I mention that? Because  thanks to a telescoping handle, the Baby Trend Jetaway Plus  Compact Stroller acts exactly like a piece of roll aboard luggage  when it’s folded down. Whether you’re navigating the airport, the  train station, or the city streets, when your baby isn’t in this  compact, affordable stroller, the stroller won’t weigh you down a  bit. When in use, the Baby Trend  Jetaway Plus Compact Stroller has an adjustable seat back and  footrest. It is safe with babies as small as five or six pounds,  yet can also accommodate kids up to 45 pounds. Its large canopy  and roll-up air flow panel make it great for use on hot, sunny  days, while its compact size and light weight make it a truly  fine choice for use wherever your travels take you and  junior. Pros: Features  telescoping handle for rolling, very lightweight, good price  point
Cons: Collapsing  requires two hands
Check out our other great baby gear guides
Foto: sourceNanobebe
Handling one baby is hard enough, but twins double the challenge. A great double stroller is essential to ensure you can stay on  the move. Here are the best double strollers that are easy  to maneuver and compact but with plenty of storage space. While swaddling does come with some controversy, it’s hands-down  one of the best ways to get a fussy baby to sleep. But like all  baby products, swaddles come in all shapes and sizes. Here are the best baby swaddles you can  buy. A great baby monitor is one of the most important and expensive  purchases you’ll make when you’re outfitting your nursery. There  are three main types of monitors: audio baby monitors, video baby  monitors with dedicated viewers, and Wi-Fi baby monitors, and  we’ve rounded up the best of each. These are the best baby monitors you can buy. Cloth diapers are easy to use, offer money-savings, and are  nothing like the ones your grandma used to use. When you get down  to finding the perfect cloth diaper, it comes down to four  factors: cost, sustainability, absorbency, and cuteness (your  baby has to look good, after all). These are the best cloth diapers you can buy. Whether you’re running an errand, taking a short trip or heading  back to work full-time, you’ll need a good breast pump to get you  through those times when you can’t breastfeed your baby directly. These are the best breast pumps you can buy.

The best travel strollers

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The Jay Group

Client Fulfillment Solution: Colugo.
Why Colugo chose The Jay Group for D2C Fulfillment:.

Aeronautics

Aerospace & SpaceTech

Biz Plan Competition

Colugo Systems is developing an Aerial platform able to VTOL (Vertical takeoff & landing), fly horizontally as efficient as an airplane & to do it in a windy weather. Done by a simple, easy to use, light and mobile system, able to operate autonomously.

Date	6/19/2018
Round	Biz Plan Competition
Amount	$0.01M
Investors	CTTSC3
Valuation
Revenue	0 FY undefined
Sources	2

First funding	6/19/2018
Last Funding	6/19/2018
Investor	CTTSC3
Rounds	1 Biz Plan Competition
Board Seats
Type	Business Plan Competition
Location	Israel

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Colugo Systems

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