Techstars Update - July 2023

Aug 02, 2023
Featured

Capital + Programs + Connection = Opportunity

Techstars connects unstoppable founders, wherever they are, with capital, programs, and connections to open up opportunities. See what we were up to in July!

In review:

1 upcoming demo day

4 Founder Catalyst programs with open applications

7 portcos closing funding rounds

Capital

Each year we choose more than 500 early-stage companies to join one of our 3-month, mentorship-driven accelerators, investing $120K and providing hands-on mentorship and access to the Techstars network for life. Check out the latest companies graduating from our programs and the partners who support them.

Portcos

As of July 1, Techstars's total portfolio has reached 3,715 companies. Since 2006, our founder-first philosophy has connected us with startups across a range of verticals, linking them to a network of successful mentors and partners.

Programs

Techstars accelerators have one goal: to help entrepreneurs succeed. We believe that great entrepreneurs and startups are everywhere but opportunity is not evenly distributed, which is why we continue to launch programs around the world.

During each three-month program, we surround companies with the best mentors and an unrivaled network of corporate partners, investors, and alumni. We provide funding and fundraising opportunities, workshops, and curated resources, not to mention countless moments where you can learn from your peers. It’s a proven model that’s helped build thousands of successful companies, all over the world. 

Demo Days

Techstars accelerator programs culminate with a celebration at Demo Day. This is each company’s chance to show the world how much progress they’ve made in just a few short months. Investors can learn more about our latest investments and portfolio companies by registering for a Techstars program’s live virtual or in-person Demo Day event:

Build in Tulsa Techstars Accelerator

August 3 | Tulsa

Connection

Events & Pre-Accelerator Activity

We believe that while people and ideas are equally distributed, opportunity and resources are not. That’s why we are committed to increasing access to entrepreneurship. All over the world. Connect with Techstars at the following events:

Founder Catalyst programs

Founder Catalyst is a pre-accelerator program providing early-stage entrepreneurs with invaluable startup education and mentorship. This part-time, primarily virtual experience is perfectly suited for founders looking to hone their entrepreneurial skills, better understand their target customers, and dig deeply into refining the solutions they are offering the world. Check out the Founder Catalyst program currently accepting applications:

Jeddah and Al Ahsa, Saudi Arabia

Apply by August 13 (Jeddah) or August 27 (Al Ahsa).

Mid-Atlantic, US

Apply by August 16.

Anywhere in the US

Apply by August 23.

Abu Dhabi, UAE

Apply by August 27.

To learn more about Founder Catalyst, click here.

Startup Weekend events

Startup Weekend is a three-day program where aspiring entrepreneurs can experience startup life in hundreds of cities worldwide. See our August events below:

Techstars Startup Weekend Baghdad

August 3-5, 2023

Techstars Startup Weekend Criciúma

August 4-6, 2023

Techstars Startup Weekend Diversity & Inclusion Natal

August 4-6, 2023

Techstars Startup Weekend Gaming Chapecó

August 4-6, 2023

Techstars Startup Weekend Innovación Tecnológica para el Desarrollo Matamoros

August 11-13, 2023

Techstars Startup Week Monterrey

August 14-18, 2023

Techstars Startup Weekend Windhoek

August 17-19, 2023

Techstars Startup Weekend Guayaquil

August 18-20, 2023

Techstars Startup Weekend Health Pato Branco

August 18-20, 2023

Techstars Startup Weekend Itá

August 18-20, 2023

Techstars Startup Weekend Petrópolis

August 25-27, 2023

Techstars Startup Weekend Travel & Tourism Tagbilaran

August 25-27, 2023

For a full list of upcoming Techstars Community events, click here.

Virtual events

Techstars hosts a variety of virtual events throughout the year for entrepreneurs. View our upcoming events below:

How to Attract Talent and Co-founders

Thursday, August 24 | 11 am PT

Making the right decision for your next hire can be a daunting task. Learn insights about how to position yourself as an attractive employer to identify the right talent for your team.

Virtual Meet and Greet August

Tuesday, August 29 | 11 am PT

Learn more about our Techstars Mentorship-Driven Accelerators and find out if Techstars is a good fit to help accelerate your startup.

Industry events

Techstars staff attend many prominent industry events, including:

TechCrunch Disrupt 2023

September 19 - 21 | San Francisco

Opportunity

The Techstars worldwide network helps entrepreneurs succeed. Check out exit and funding news from the Techstars portfolio during the month of July:

Portco funding

Preply (Techstars Berlin 2015), the live-tutor language and learning platform, closes out a massive Series C fundraising of $120M to double down on AI.

GlossGenius (Techstars NYC 2015), the booking and payments platform for spas and salons, rakes in $28M in Series C funding.

Cycle (Smart Mobility 2020), the Berlin-based mobility solution for delivery services and couriers, collects €10.3M in Series A funding.

LunarCrush (Techstars Los Angeles 2019), a web3 social analytics platform, raises $5M in Series A financing round.

SquadTrip (Techstars Build in Tulsa 2022), the automated payment solution for group trips, raises $1.5M in funding.

MyCover.ai (Techstars Toronto 2022), the Nigerian insurtech platform, raises $1.25M in pre-seed funding

Hive Power (Cities of the Future 2022), the AI energy and mobility startup, closes a $600,000 pre-seed round.

Other news

Venture Capital Journal, Meet venture capital’s 2023 Women of Influence, July 3, 2023

Newcomer Podcast, Techstars CEO Maëlle Gavet Talks Pre-Seed Deals, YC, SoftBank & 'Zombie Mode' Funds, July 6, 2023

PitchBook, Techstars tops list of 10 most prolific accelerators in Europe, July 19, 2023

TechCrunch, 8 VCs say they are still bullish on SAFE rounds, but it’s not 2021 anymore, July 19, 2023