When healthy meal delivery startup Real Food Works secured $200,000 in seed funding from StartUp PHL in 2013, we were there. It was hailed as a big moment. “City jumps into venture capitalism,” the Inquirer blared. The startup had even moved into the city from Conshohocken to qualify for the funding.

“The goal of Startup PHL is to help innovative new companies to start and grow in Philadelphia, and this investment in Real Food Works is an example of that strategy,” then-Mayor Michael Nutter said in a statement.

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