, a vertically-integrated Malaysian meal delivery startup, announced today that it has acquired Polpa
to enter Bangkok. Dahmakan was the first Malaysian startup to participate in Y Combinator and recently received a $2.6 million round of funding
earmarked for its expansion into new markets.
The company, which was launched in 2015 by former Rocket Internet executives, says it now delivers tens of thousands of meals each month in Kuala Lumpur, where it is based, and Bangkok. Co-founder and chief executive officer Jonathan Weins told TechCrunch that Dahmakan
plans to venture into other Southeast Asian markets first, including Jakarta, Singapore, Hong Kong and Manila, before tackling East Asian countries like Japan and Korea.
Polpa was founded in 2014 by Julian Timings and Prongfa Uennatornaranggoon, who will join Dahmakan’s team. Polpa will continue to operate under its own brand in Bangkok.
“Polpa has incredible founders and we have been in
Continue reading "YC alum Dahmakan, a Kuala Lumpur-based food delivery startup, acquires Polpa to expand into Thailand"
Instagram is launching its Shopping feature for business accounts to eight new countries: Canada, Brazil, the United Kingdom, Germany, France, Italy, Spain and Australia. The photo sharing app first began testing shoppable photo tags in November 2016 before making Shopping on Instagram available to businesses in the United States last year.
Since Instagram doesn’t allow links in captions, Shopping on Instagram is intended to make it easier for brands to drive followers to their e-commerce stores, while ensuring that those users continue spending time in the app before clicking away. Before Instagram launched the feature, several third-party services were created to make posts shoppable and remain popular, including Like2Buy and LikeToKnowIt.
When a post using Shopping for Instagram is tapped, it displays popups with prices and a link to a new page within the app with more information and a “Shop Now” button that directs users to the product on
Continue reading "After launching in the U.S., Instagram expands its shoppable posts features to business users in eight other countries"
“Reverse chocolate” — that’s how AesculaTech
co-founder and chief science officer Niki Bayat describes the material created by its proprietary technology. Chocolate is solid until heated, when it melts deliciously into liquid. AesculaTech’s material, on the other hand, is a liquid at low temperatures, turns into a gel when heated and then reaches its final, solid state at body temperature. (If you are having a hard time visualizing the process or distracted by thoughts of dessert, there’s a gif below that shows it being injected into a 37 degree Celsius water bath).
By changing the composition of the material, AesculaTech is able to control the temperature at which it transitions into different states. While the liquid is transforming into a gel, different compounds, including medications, can be added to it. Bayat and co-founder Andrew Bartynski, who are in Y Combinator’s latest startup batch, say it has a wide range of
Continue reading "Biomedical startup AesculaTech is creating a new, more patient-friendly drug delivery system"
Developing new medicines can take years of research and cost millions of dollars before they are even ready for clinical trials. Several biotech startups are using machine learning to revolutionize the process and get drugs into pharmacies more quickly. One of the newest is called Reverie Labs
, which is part of Y Combinator’s latest batch. The Boston-based company wants to fix a critical bottleneck in the drug development process by speeding up the process of identifying promising molecules using recently published machine learning algorithms.
founders Connor Duffy, Ankit Gupta and Jonah Kallenbach, who named their company after a pivotal detail in the HBO series “Westworld,” explain that its tech analyzes early ideas for molecules from pharmaceutical scientists and suggests possible improvements to shorten the amount of time it takes to reach clinical trials. Duffy says Reverie Labs’ ambition is to “become a full service molecule-as-a-service company.”
Continue reading "Reverie Labs uses new machine learning algorithms to fix drug development bottlenecks"
Dev Protocol is a new project that uses blockchain to give software developers a secure place to build their professional reputations. Created by Codementor, an online mentoring platform and on-demand marketplace for software developers, one of Dev Protocol’s goals is to make the industry a more level playing field. “You can take it from job […]
Pray.com, an interfaith social networking app for members of religious communities, has raised a $14 million Series A led by TPG Growth. Previous investors Science Inc. and Greylock Partners also returned for the round, which brings the Santa Monica-based startup’s total funding, including a seed round announced last June, to $16 million. Founded in 2016, […]
Beijing-based bike-sharing startup Ofo has raised $866 million in new financing led by Alibaba Group to fuel its expensive competition with Mobike, which is backed by Tencent, one of Alibaba’s biggest rivals. Ofo and Mobike are the two largest bike-sharing companies in China. Read More