Air Force to host Pitch Day event in New York

Tens of millions of dollars worth of funding and investments will be up for the taking when the United States Air Force comes to New York in March to host its Pitch Day event. After submitting ideas through an application platform, chosen companies will be given the chance to make their final pitches in the Big Apple. Partnerships with the Air Force are then made the same day if entrepreneurial experts from the Pentagon like the business idea of a…

Touchscreen vending startup secures $7 million in funding

The Bethpage, New York-based startup Vengo has gotten off to a great start this new year with a $7 million equity funding round. According to TechCrunch, which cited an SEC filing, the investment boost represents a doubling in past funding for the startup that makes touchscreen vending machines. Vengo has been in business for six years as the digital retailer makes waves with new techniques for automated vending featured on college campuses and health clubs. The startup first came into…