article thumbnail

Interview with Mike Napoli, Tech Coast Angels

socalTECH

Investors are very focused on diligence, on business models that make sense, and those companies that have a definite competitive advantage and defensibility to what they're doing. Mike Napoli: We've revised the way we review companies at the prescreening stage. The ideas and people seeking money are out there in quantity.

article thumbnail

GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

Ghost is not alone in developing technology focused on inventory. Last week, Syrup Tech raised $6.3 The investment was led by Union Square Ventures and included participation from Eniac Ventures, Human Capital and Flexport. Syrup Tech bags $6.3M to develop some sweet inventory-planning software.

Product 191
article thumbnail

TCA's Sudek Talks Angel Networks

socalTECH

Earlier this week, the Tech Coast Angels , the largest and most active organized angel group in Southern California, announced a new effort to create an angel group network, which will share and syndicate deals between groups--current the TCA, Golden Seeds, and Band of Angels. Why band together for an angel network?

article thumbnail

The Changing Structure of the VC Industry

Both Sides of the Table

There has been much discussion in the past few years of the changing structure of the venture capital industry. The rise of alternative sources of capital (crowd funding and the like). 15 years ago we were at the peak of Internet hype with the launch of many over-capitalized businesses with a market size & opportunity was limited.

article thumbnail

Startups have about $1 trillion worth of reasons to love the Biden infrastructure plan

TechCrunch LA

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. ” Climate resiliency . Fables of the reconstruction.

Startup 229
article thumbnail

Tortuga Logic, Co-Founded By UCSD, UCSB Profs, Raises $2M For Hardware Security

socalTECH

Tortuga Logic , a new startup focused on chip-level cybersecurity technology whose founders include professors from UC San Diego and UC Santa Barbara, has raised $2M in a seed funding, the company disclosed on Thursday. The seed funding came from Eclipse Ventures.