Do bigger checks lead to greater volatility? Y Combinator’s newest entrant is the second batch to receive a $500.00 check as part of a recently updated Accelerated Record Deal. And while the accelerator says it only looks at founders when investing in startups, not in a sector, category or idea, more money in the pipeline might be empowering enough to attract a different set of founders.
With this in mind, this year’s batch offers a glimpse of what a group of YC-certified founders are prioritizing amid a recession, pandemic, high inflation and ongoing war. The results are varied – and we’ve already seen ways to influence them The future of financial technologyAnd the encryption And the Artificial intelligence.
Below, TechCrunch has decided to extract the most lunar shots for the boost, with the above factors in mind. Because we’re not all betting our potential legacy on pseudo-fish during the looming recession. Without further ado, let’s talk about who made the cut.
Beyond Meat: Nomi Fake Fish
Brands like Beyond Meat and Impossible have shown that there is a demand for fake meat.”BleedBut are hordes of fish-eaters willing to dine on imitation crustaceans?
Vegetarian seafood industry is too small Compared to today’s global seafood business, however, demand is growing as brands explore a range of ingredients to find sticks – like tomatoes for tuna (ocean hogger) And the konjac for scallops (Vegetarian Seafood Company). Join the battle is my sleepa YC-backed startup that uses a “blend of soy, pea and lentil protein” and “micro fermentation” to make something that looks like oysters.
Numi’s products are still in development, but the company already boasts a moonshot-sized goal – to capture 30% of the seafood market in 10 years. This is a large group of mouths that can be fed; Seafood consumption is expected to double by 2050 Researchers at Stanford. But in light of the industry’s many environmental ills, including OverfishingAnd the rubbish, destroy, destroyAnd the emissions And the wasteA new wave of disguised fake fish companies seems certain to do some good.
Solve optimization problems with custom hardware
Optimization problems are the bane of many companies’ existence. For example, freight and logistics providers have to find out daily which products can be shipped in which containers – and in fact, how many containers they need in the first place. as For one source, 85% of Fortune 500 companies use mathematical optimization in their operations.
Enters integrated thinking, a startup that claims to be developing hardware to solve these kinds of problems in the cloud. Founded by engineers long ago, there isn’t much that has been announced about the company’s plans. But the founders she did Revealing during the demo day that they have an initial product targeting the bag problem, an optimization problem where, when given a set of items – each with a weight and a value – you must specify the number of items to include in a set so that the total weight is less than or equal to a certain limit and the total value as big as possible.
Optimization issues can seem like a strange market around which a company can be built. But there is clearly a customer base, and integrated heuristics bodes well for the moon. The company claims that its hardware can make it up to 100 times faster and 10 times cheaper to solve problems such as scheduling airline pilots or packing shipping containers, which – if accurate – may just allow integrated thinking to make a boost in profitable industries.
Flying for dolls
Learning to fly is a popular item on the bucket list, but it is expensive, time-consuming, and difficult. This causes a large number of student pilots to drop out of training before they reach their dreams. Unfortunately, some of those who get their license will end up in fatal accidents due to their mistakes.
Earhart Aeronautics It is building aircraft that are easier and safer to fly, thanks to semi-autonomous flight control systems that do not require “stick and rudder mastery”. It’s too soon to know when Airhart will reach product-market fit, but its suggestion to “make traveling to Tahoe as easy as driving to the grocery store” sounded like a solid audience fit for YC’s demo day.
Building planes that anyone can fly may seem late when other startups focus on planes that no one has to fly. Companies that deliver autonomous aircraft include Merlin LabsAnd the pikaAnd the Trusted BotsAnd the Volocopter And the XwingSome of them have already come a long way in their journey. But we still call the Airhart a shooter, because semi-autonomous seems to have better odds of landing on time than full-fledged autonomy, especially for private flying.
I would like to buy 10% of your future earnings please
Being an athlete is hard, and finding the time and resources to become a professional athlete takes time and cash dollars. moon shots It is to allow angel investors to invest in the athletes’ future in exchange for a share in their future prize money. It’s kind of similar to Trendex (Although Trendex lets you invest in all kinds of talent – musicians included.)
So why is this a moon shot? Part of me sees this as the future; If you’re a promising athlete, an early injection of cash can either make or break your career, and I realize that for some people, this may be the only way to make their dreams come true.
Another part of me can’t get over the amazing gloom of essentially enabling people to sell a portion of their net worth to investors. I know we live in a late stage of capitalism, but even so, I can’t make this concept sound like anything but rent-seeking. I’m sure the founders didn’t specifically design their companies to make the unequal world less fair, but we’re a market cycle or two away from this getting really bleak.
Let’s try this healthcare DTC thing again, but better this time
The direct-to-consumer healthcare space was hot, then wasn’t, as the rhino segment pared its ambitions when faced with growth difficulties. That’s why I was surprised, then moved to see her almonds Take the podium at Y Combinator Demo Day this week. Almond is a healthcare platform that is trying to make ObGyn care faster through personal care and telehealth services.
“We are rebuilding back-office technology that saves clinicians time, and are hiring a wide variety of caregiver roles, allowing us to deliver better outcomes to patients and reduce the time it takes to solve their problem,” the company said via Y Combinator’s website. Almond’s membership is an annual fee of $250, similar to the OneMedical-type business model, and founding members get the first year for $150. No visitation and lab fees are charged on the insurance.
The co-founders have a balance of backgrounds. Carly Allen, Co-Founder and Chief Brand Officer, has been head of production for campaigns helping brands like Coca-Cola, Nike, Chipotle, and Bonobos, while Tara Raffi, Co-Founder and CEO, has the startup segments by building McKinsey’s in-house technology incubator and consultancy with large US hospital systems. As we know from the struggles we face at Ro, Hims, and other platforms, the DTC healthcare space needs a good balance of smart, accessible brands and efficacy, so let’s see how Almond performs.
Future trip, damn yeah
As for my selection, I want to highlight a few companies from the last batch that have wings, and I want to change things around.
When Boom came aroundI thought it was a great idea that wouldn’t go anywhere in particular. But, to my incredibly enthusiastic dismay, the company is still running and has done so I raised buckets of money. Perhaps there is an adventurous market for the future of aviation.
Filontra He wants to build a “hypersonic space plane,” which is a good idea. There is less friction at this altitude, and you can move very quickly without being held back by the air. Velontra, which is solving the deal, wants its planes to be able to “take off from anywhere and in any weather.” Excellent and perfect, no reviews.
Seaflight Technologies It does the opposite. Instead of wanting to fly very high and fast, it wants to fly lower and slower. The company is building electric “autonomous wings” that fly close to the ground. By tone of voice, if you understand the organizational distinctions, being so close to the ground clears the air – ha! When it comes to government oversight.
Naturally, these companies require a lot of capital, and they will have real technical risks to their make-up. But that’s what makes it so good – you can’t organize the trip without a bucket of money and a great view. And while the 737 is great, and I’ll always be fond of it because I’ve been flying around my home country for a very long time, so far, I’m ready for something faster and louder. And for my Muslim commodity, the opposite.
- Ult, which describes itself as a “Uber for gamers” startup. The startup charges users to make it match fun (or challenging) competitors. Also, he has a great website.
- drip, which describes itself as “BNPL for Brazil”. The BNPL space is challenging for a variety of reasons, and the disruption in this category – despite the overall market volatility – is still impressive. “While Affirm creates this habit in the US, Brazilians have already split into installments of 30% of their retail payments,” he said. The company said via Y Combinator’s website. “With Drip, they now split payments without eating their credit card limits and earn better rewards.”
- cat cover, Because it’s a very cute name and a hard-to-build category. But, selfishly, sign up for consumer enhanced insurance!