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Foodora’s main rival is Deliveroo, which raised $100 million in a funding round led by DST Global and Greenoaks Capital in November and is active in six German cities. Belgian startup Take Eat Easy, backed by Rocket Internet SE, left the German market last September.z-npc backpack slim “Our strategy is to expand to more cities in our markets as quickly as possible, because we see huge demand and it’s a big advantage to be first,” Dames said by phone. backpack sdu code“Germany is our home market -- we’ll soon be present in 13 cities, and we’ve consciously decided we want to cement dominance here.”aopa backpack Services such as Foodora, DoorDash Inc. and GrubHub Inc. promise to channel more orders to restaurants for a flat delivery fee or a slice of the revenue. kelty 3100 backpack

Investors have in the past backed the sector. Food tech startups raised a record $5.7 billion last year, an increase of 152 percent from 2014, according to CB Insights. Delivery Hero, which last year bought Foodora from Rocket Internet, raised $110 million in June, valuing the company at over $3.1 billion.8fields backpackFoodora, which has 450 employees and manages an army of about 4,000 riders, has bought smaller rivals in the past to expand to new markets including Canada and Australia. 8fields backpackIt won’t need to raise external financing because it has the backing of parent Delivery Hero for its expansion, Dames said.Foodora, which delivers from about 5,000 restaurants, is also expanding to The Hague and Utrecht in the Netherlands, Tampere and Turku in Finland, and German cities including Bremen and Hanover.Maestro, a company that aims to be the Keurig for food, took home the top prize and $70,000 Thursday in the 19th annual Edward L. Kaplan New Venture Challenge at the University of Chicago.Maestro won $50,000 from the Challenge and $20,000 from Pritzker Group Venture Capital.

It is working on a countertop device that can boil, roast or steam pre-portioned healthy foods to prepare meals in 30 minutes. Maestro beat out ExplORer, a workflow management system for surgical teams, which won $30,000 from the Challenge and $20,000 from Pritzker. The Pritzker prize is new to The University of Chicago this year, having started two years ago at Northwestern’s Kellogg School of Management, said Peter Liu of Pritzker Group Venture Capital.Maestro CEO and co-founder David Rabie, a self-described “nut about health” who carries avocados in his backpack and brings his own meals everywhere, said he’ll spend the next six to eight months refining Maestro before pre-selling it through Kickstarter. Rabie said he thinks it’ll be used a lot in his kitchen but that it won’t replace an intricate meal."When the thing is done, I do think it’s going to replace my quick cooking,” Rabie said. "I don’t think it’s going to replace the full experience when I have a lot of time and I want to make a nice meal for my girlfriend or a dinner party."

Rabie, a Booth MBA candidate, said professors met his idea with skepticism when he told them about it earlier in the year. He said it took him some time to convince them that he would be able to overcome execution challenges and refine the idea.His team's pitch Thursday included food samples for judges and a prototype that cooked a meal in the corner of the room.The New Venture Challenge, one of the premier contests on the city’s startup scene, is open to any University of Chicago student, though each team must include at least one graduate student. Many participants are from the Booth School of Business. Booth houses the Polsky Center for Entrepreneurship, which runs the event. Past winners include GrubHub and Braintree.Winners share $250,000 in cash, plus $250,000 in office space and professional services from program sponsors.Judges also awarded a second-place prize to NETenergy, a thermal energy storage company that recently won the $100,000 prize at the Clean Energy Trust Challenge.

NETenergy won $30,000 from the Challenge, plus a $10,000 Khosa Maker Prize.Alameda, an online furniture marketplace targeting Mexico, and TaskPath, a mobile and cloud-based field workforce platform, tied for third place and took home $25,000 apiece.Five finalists also received prizes. Each receiving $10,000 were Ascent, compliance software as a service for financial firms; VirtualKey, which lets hosts give digital keys for smart locks to short-term renters on Airbnb and the like; and Weelio, a community-based ride-sharing platform. Alumni engagement app Aluminate and high-end funeral services boutique Glace each got $5,000.Open Macro won the $10,000 app challenge.The 25-person judging panel heard from 10 teams in a packed classroom at the school’s Hyde Park campus while additional attendees viewed live streams elsewhere in the building. The judging group featured a number of University of Chicago and Booth alumni, including Cynthia Bayley of ARCH Venture Partners; Bryan Johnson, founder of Braintree, which won the NVC in 2007 and sold to eBay for $800 million in 2013;