Arch Grants Names Two Winners Of $100,000 Awards

Last spring, the Arch Grants startup competition gave $50,000 apiece to 15 promising companies.

Now it’s giving $100,000 more to two of the most promising.

Arch Grants today announced the recipients of two follow-up grants from its first class of companies: Food Essentials, a food labeling data firm, and simMachines, which develops data search technology.

Both companies will receive $100,000 in capital, with no equity stake taken, to stay and continue to grow in St. Louis.

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