It has been a busy summer so far at Techstars with the addition of 41 new companies and the first-ever Demo Day for several new programs! Techstars had four Demo Days across the globe, including Barclays in Tel Aviv and Cape Town, Techstars Healthcare in partnership with Cedars-Sinai in Los Angeles, and the Virgin Media Accelerator in London. Here’s a quick round up of the highlights:
Barclays Accelerator, Powered by Techstars in Tel Aviv Class of 2016
Barclays Tel Aviv is proud to announce its first Demo Day. Held at the beautiful Cameri Theatre in Tel Aviv, the Demo Day showcased ten fintech and cyber companies with products ranging from document tracking, remittance, financial news platform, rounding up change for donations and many more.
Len Rosen, CEO of Barclays Israel, opened the evening with an inspiring keynote, and Techstars Chief Product Officer, Nicole Glaros, and Tel Aviv Managing Director, Liron Rose, provided welcoming remarks. We were also proud to announce that 8 out of 10 companies have signed a proof of concept (POC) with Barclays, an amazing outcome for our first class in Tel Aviv!
Techstars Healthcare, in Partnership with Cedars-Sinai Class of 2016
Techstars Healthcare, in Partnership with Cedars-Sinai held its inaugural Demo Day at the Wallis Annenberg Center for the Performing Arts on June 23rd in Beverly Hills, California. The event showcased eleven healthtech companies which represented a wide range in both product and funding. On one end of the spectrum was Ella, an online mindfulness based program to manage chronic pain, which was “born” in program after a product pivot days after the formal offer into the program, and on the other end was HomeHero, a non clinical home care provider, which has raised a 20M+ Series A round.
Darren Dworkin, the CIO of Cedars-Sinai gave the opening remarks, followed by remarks from David Brown, Managing Partner of Techstars, and the program’s Managing Director, Matt Kozlov. The Techstars Healthcare Demo Day served as the culmination of three months of progress and very hard work for the eleven companies in the accelerator program. During the event, each company demonstrated the traction that they’ve gained since founding their company, with an emphasis on the tremendous headway they made while in program. Through Demo Day, Techstars and Cedars-Sinai further accelerated the growth of the 2016 class, and their partnership in healthcare and technology.
Barclays Accelerator, Powered by Techstars in Cape Town Class of 2016
The first ever class of the Barclays Accelerator, Powered by Techstars, on the African continent has now drawn to an epic close.
An audience of more than 400, including investors, industry experts, fintech specialists, as well as Absa and Barclays executives, (plus 450 tuning in to the livestream globally) attended the Demo Day to hear how the startups are tackling different challenges in Africa and ultimately helping shape the future of financial services across insurance, payments and agriculture.
When you think of tech startup hubs, you likely think of places such as Silicon Valley, London, New York or Tel Aviv. But Africa is accelerating its economy and challenging the status quo of the FinTech landscape in a huge way. This has been demonstrated by the 10 companies selected from 9 different countries (making it the most geographically diverse accelerator program ever for Techstars)!
Solutions included: mobile medical insurance, lending platforms, land title registration via the blockchain and international payments solutions.
Techstars Managing Director, Yossi Hasson, together with Paul Nel, (Head of Open Innovation at Barclays), and Ashley Veasey, (Group CIO and CDO of Barclays Africa Group) provided welcoming remarks. It was a truly exciting event to celebrate the inaugural African Techstars class and the wider African startup community.
The next frontier for FinTech disruption is here. It’s now. It’s Africa.
Virgin Media Accelerator, Powered by Techstars Class of 2016
The first class of the Virgin Media Accelerator, powered by Techstars, just finished their first Demo Day at the St. James Theater in London, where the founders pitched to investors, Liberty Global and Virgin Media executives and the London startup community. Back in March, they kicked off the program with a trip to San Francisco where they met execs from Google, Comcast and Cable Labs, and spent time with Sir Richard Branson talking about entrepreneurship and how to make a real difference in the world.
Fifteen weeks later, the 10 companies ranging from a virtual reality treadmill, to a home energy monitoring system, to corporate alumni networks, disruptive ad tech, on demand iPhone repair, live football broadcasting solutions, always on voice solutions, intelligent developer tools, and peer to peer video delivery networks, all debuted their progress at Demo Day.
Building these startups with the support of Liberty Global, Virgin Media, Techstars and the amazing mentors and investors that comprise the London startup community has provided these 10 companies with an incredible start. Special thanks to Bruce Dines of Liberty Global Ventures and Neil Illingworth, Head of Innovation for Virgin Media, for their support of these founders.