MealMe raises $900,000 for its food search engine

MealMe raises $900,000 for its food search engine

Today MealMe.ai, a food search engine, revealed that it has closed a $900,000 pre-seed round. Palm Drive Capital led the round, with participation from Slow Ventures and CP Ventures. TechCrunch initially ended up being familiar with MealMe when it presented as part of the Techstars Atlanta demo day last October, mentioning it in a roundup of […] The business’s product enables users to browse for food, or a dining establishment. Mealme didn’t begin out looking to construct a search engine. From that finding out the business focused on building a food search engine, enabling users to search for dining establishments, and then vet numerous delivery alternatives and costs. During TechCrunch’s interview with MealMe, the company stated that it had actually reached a GMV run rate of more than $500,000, and was scaling toward the $1 million mark. TechCrunch was curious about platform threat at MealMe; could the company get away with offering price contrast and ordering across numerous third-party shipment services without raising the ire of the companies behind those apps?…

LA-based SoLo Funds raises $10 million to offer an alternative to predatory payday loan providers

LA-based SoLo Funds raises $10 million to offer an alternative to predatory payday loan providers

SoLo Funds wants to change payday lending institutions with a community-based, market-driven design for private financing, and now has $10 million to expand its company in the U.S. Payday lenders use high-interest, short-term loans to customers who are at their most susceptible, and the terms of their loans frequently trap customers in a cycle of financial obligation […] While Holoway would not disclose the book worth of the loans transacted on the platform, he did say the business’s default and delinquency rates were lower than that of its competitors. The company likewise provides a sort of default insurance item that loan providers can buy to backstop any losses they experience, Holoway said.”Our borrowers are school instructors … are social workers. It’s people who you may not think are going to be power lenders … They may make $100,000 to $125,000 per year,” stated Holoway. “They’re looking to diversify their capital and release it to make returns….

Barclays includes itemised digital receipts to its banking app in partnership with fintech Flux

Barclays includes itemised digital receipts to its banking app in partnership with fintech Flux

Flux, the London fintech that has actually developed an innovation platform for merchants and banks to power itemised digital invoices and more, has seen its prolonged pilot with Barclays flourish. Announced officially today — but really quietly presented a few months ago — Flux-powered digital receipts are now offered as an opt-in for all […]
Announced formally today– however really quietly rolled out a couple of months earlier– Flux-powered digital receipts are now available as an opt-in for all U.K. Barclays debit card holders within the bank’s primary mobile banking app. Flux also went through the Techstars-powered Barclays accelerator in its really early days. Crucially, although opt-in, Barclays consumers will get a timely to set up digital invoices when they purchase items from retailers presently on-boarded to Flux. …

Techstars names Maëlle Gavet CEO as the accelerator group aims to broaden

Techstars names Maëlle Gavet CEO as the accelerator group aims to broaden

Today Techstars, a network of start-up accelerators and an equity capital fund, announced that Maëlle Gavet is its brand-new CEO. Former CEO and co-founder David Brown will stay on Techstars’ board, while the group’s other co-founder, David Cohen, will become the chairman of its board. TechCrunch spoke with Gavet today about her new […] Gavet said that she had actually asked the very same question to Techstars when she was being hired for her new role. The brand-new CEO explained that she believes it is possible to create strong returns for her financiers while providing lots of assistance for entrepreneurs and having a positive social impact. It will be intriguing to see where Techstars takes its accelerator design next– the group often partners with business, or groups like the United States Air Force to sponsor and support customized programs– in terms of location and focus. …

Accelerators welcome modification forced by pandemic

Accelerators welcome modification forced by pandemic

Accelerators have actually become a major force in the start-up world, but these brimming masses of potential have actually been forced, like every other market, to embrace significant changes with the pandemic. Surprisingly, nevertheless, they have actually not just rolled with the punches however seem to be flourishing in the new virtual environment. I talked to the heads […] I spoke with the heads of 3 accelerators about the opportunities and obstacles provided by the new constraints. Now we do virtual tech shares where people get to show to everybody else and we comment on it. The virtual nature of the program this year appears to have actually increased our overall engagement with creators. …

Slingshot Aerospace raises $8 million to help it broaden to new verticals beyond aerospace and defense

Slingshot Aerospace raises $8 million to help it broaden to new verticals beyond aerospace and defense

Austin and El Segundo-based Slingshot Aerospace was born out of a realization that while there is a huge amount of info gathered by observation technology aboard satellites, aircrafts, drones and beyond, the analytics and turnaround of said information into something actionable typically took a very long time– often important insights that would’ve been valuable in […]
Slingshot was established 3 years ago to help turn Earth and space-based observation information into something beneficial when it’s required, and now the startup has raised an$8 million Series A to grow its team and expand its focus to new markets beyond the aerospace and defense clients it presently serves. I spoke to Slingshot Aerospace co-founders David Godwin and Melanie Stricklan about their new financing, which brings the company’s overall raised overall to$17.1 million. Godwin, Slingshot’s CEO, described that initially, the start-up has actually been focused primarily on aerospace and defense consumers, which discusses the all-star early customer list of companies and public companies in that field.”In the past, the previous 2 tothree years, we have not actually had a lack of aerospace and government service,”Godwin described. Slingshot Aerospace is growing the team, having actually currently broadened to almost 30 individuals, with plans to work with more engineers in specific as part of the usage of these funds….

This start-up wishes to fix the damaged structure of internships

This start-up wishes to fix the damaged structure of internships

Internships are a chance for students to try out new profession courses and land a full-time offer ahead of graduation. For business, the weeks-long programs assist recruit and train job-ready hires. While the stakes are high, the coronavirus-spurred office closures and market volatility made a number of tech business lose weight or cancel their internship […]
Interns are brought to a workspace upon work space. Symba was developed with a big focus on developing channels for feedback in between supervisors and interns. While Symba wants to be where interns live during their internship, there’s no direct messaging mechanisms within the web-based platform. The community board permits interns to meet other interns and chat. Symba’s early growth is directly related to the pandemic, as the fear of the virus closed workplaces, and, in turn, shuttered internship programs….

6 preferred Techstars startups ahead of its next rush of demonstration days

6 preferred Techstars startups ahead of its next rush of demonstration days

With TechCrunch Disrupt happening last month, I fell behind on viewing accelerator demo days. It’s time to remedy that oversight. In August and September, the Techstars network of start-up accelerators held demo days for various classes of startups, organized by either geographic place or focus. Kansas City, for instance, or area. The Exchange explores startups, […] The Exchange checks out start-ups, markets and cash. Prior to we leap in, this month Techstars has accomplices finishing from another 5 accelerators, including groups from LA, NYC, Atlanta and more. There will be no lack of start-ups to look at in brief order. …

Join us Wednesday, September 9 to watch Techstars Starburst Space Accelerator Demo Day live

Join us Wednesday, September 9 to watch Techstars Starburst Space Accelerator Demo Day live

The 2020 class of Techstars ‘Starburst Area Accelerator are graduating with a main Demo Day on Wednesday at 10 AMPT(1 PM ET ), and you can watch all the teams
provide their startups live via the stream above. This year’s class consists of 10 business building ingenious new services to difficulties either straight or indirectly […]
This year’s class consists of 10 business building ingenious new solutions to difficulties either straight or indirectly associated to industrial area. The program, led by Handling Director Matt Kozlov, is usually based locally in LA, where much of the area market has substantial existence, but this year the Demo Day is going online due to the ongoing COVID-19 circumstance. As for this year’s class, you can inspect out a full list of all 10 participating companies listed below. An artificial data API that allows AI groups to generate their own custom datasets up to 99%faster– no tiresome collection, curation or labelling required.founders@bifrost.ai!.?.! Holos Inc….