Grubhub is piloting the use of delivery robots, manufactured by self-driving startup Yandex, at Ohio State University this academic year. The convergence of autonomous vehicle technology and robotics is bringing a future that we only saw in movies to us today, and rapidly. However, the accuracy of autonomous technology aspect has always been the stumbling block that has prevented widescale deployment in the case of delivery. This LA startup has found the answer. Coco is a last-mile delivery service that uses remote human-piloted robots to power deliveries. The technology is versatile enough to be used by restaurants, groceries, convenience stores, and pharmacies; basically, all the essentials that you have become accustomed to ordering on-demand. These industries have been forced to adopt technology in a rapid fashion to address the pandemic and Coco makes local delivery faster, smarter, and more cost-efficient. In fact, Coco estimates that it is able to save up to 30% on delivery times while reducing the environmental footprint. The company, founded in 2019, already has 50+ customers using the technology and has scaled the team to 120. LA TechWatch caught up with CEO and Cofounder Zach Rash to learn more about the state and future of the delivery market, the inspiration for the business, the company’s strategic plans, latest round of funding from investors that include Sam Altman, Silicon Valley Bank, and Founders Fund.
An exclusive look at the Techstars LA 2020 class of startups.
Snap’s Yellow Accelerator, which bills itself as “a launchpad for creative minds and entrepreneurs who are looking to build the next generation of great media companies”, has unveiled its newest class, its 3rd in its history. The 14-week accelerator program is housing 10 companies that will receive $150K in investment and mentorship from industry professionals […]
Ok. You have a great thing going with your new startup and are thinking about applying to an accelerator. Good on you. You have done your research to figure out if your company is a fit for a program like YCombinator, Techstars, UpRamp, or one of the many others in the world, and now you […]
Are you a tech startup that needs to scale, and you want to be in the New York City area this spring? Newark Venture Partners Labs Bridge-to-Seed program offers $200K, high level mentorship, office space, and growth coaching.
Our friends at Cedars-Sinai Accelerator unveiled its latest class, its 3rd for those counting, for the three-month accelerator program. The digital health accelerator focuses on companies transforming healthcare by improving patient outcomes, reducing costs, and improving healthcare delivery. A total of 10 companies were vetted and selected to receive $120K in investment and mentorship from the […]
The death of retail is greatly exaggerated. XRC Labs hosted demo day for its fourth cohort, which includes ten innovative startups that are changing the face of retail. Since launching two years ago, the program has backed 36 startups and 70% of the past graduates have gone on to raise additional funds. The accelerator was conceived jointly […]
Startups, ever wonder what it’s like on our side of the curtain? For the past several Julys, I’ve been going to Montreal to participate in Startupfest. Often, I address the startups during the main festival on the usual topics: how to find investors, how to solicit feedback on your startup idea, etc. This year I […]
Are you a tech startup that needs to scale and wants to be in the New York City area this fall? Get funding and partners for your startup.