Techstars Update - May 2023

May 30, 2023

Capital + Programs + Connection = Opportunity

Techstars connects unstoppable founders, wherever they are, with capital, programs, and connections to open up opportunities. See what we’ve been up to this month!

In review:

70 new investments

1 new partner

1 portco exit

12 portcos closing funding rounds


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.

New portcos

Techstars has invested in 70 companies through 6 programs in the past month. Each program has selected 11-12 companies as part of this term’s cohort, bringing our total portfolio to 3,481 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. Meet the latest Techstars portfolio companies:

Techstars Atlanta Powered By J.P. Morgan - February I

Elite Sweets | Cappella | Arbo Technologies | BachPlace | Reflekt Me | Feedcoyote | Tulay | Branda | Enrichly | Gift Nabü | BEERMKR | Arch Pet Food

Techstars Atlanta Powered By J.P. Morgan - February II

Laundr | Movez | Bling | Hipclip | Le Ora | Ditch | Mercately | Perfectly Pitched | Veba | Loadzpro | Sproxxy | Kiri

Techstars Austin Accelerator

What She Said App | Priviom | hifive | Copyt | Motivision | | Viva Equity Fund | The 2.0 Collective | Quimby | Avenir | mbue | Clyn

Techstars London Powered by Polygon

Esoteric | Aware | Esca | Asterizm | Individual Technology | RisksessAML Limited | Popp | Combat IQ | Cryptive Ltd | musiqmesh | Liquify | Buildoor Labs

Techstars Miami Powered by J.P. Morgan

KredFeed | Kuadra | Modet | Lizit | Sirius Education | Nestedfunds | Watermelon | MedThread | BeeCuick | Fairsplit | Trez

Torino Cities of the Future Techstars Accelerator

Empethy | Sorair Technologies | Artificient Mobility Intelligence | Automatika Robotics | Sirius | Preflet | Wibo | Tutornow | Intuitivo | Heloola | Pack

New partners

Our mission is to enable everyone to contribute to and benefit from, entrepreneurs’ success. By connecting entrepreneurs with corporations and organizations around the globe, we can drive innovation and solve the world’s largest problems. Meet the newest partners supporting Techstars founders:

5 Questions with Collin Wallace, Managing Director of Techstars Future of Ecommerce powered by eBay

This program, partnered with eBay, is focused on startups with innovative technologies that are shaping the future of Ecommerce, including AI, Web3, privacy, security, and infrastructure.

eBay's reputation for innovation and technological advancements inspires and motivates startups to push boundaries and think outside the box, fostering a culture of creativity and experimentation, ultimately driving the development of groundbreaking products and services.


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:

Techstars New York City Accelerator

June 8 | NYC

Stockholm Techstars Accelerator

June 8 | Stockholm

Techstars Chicago Powered by J.P. Morgan

June 8 | Chicago

Techstars Los Angeles Powered by J.P. Morgan

June 8 | Los Angeles

Techstars Healthcare

June 8 | Los Angeles

Equinor & Techstars Energy Accelerator

June 15 | Oslo

Techstars Sustainability Paris Accelerator

June 29 | Paris


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.

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 June events below:

Techstars Startup Weekend Delhi Online

June 2-4, 2023

Techstars Startup Weekend Niort

June 2-4, 2023

Techstars Startup Weekend Women Vienna

June 2-4, 2023

Techstars Startup Weekend Iowa

June 9-11, 2023

Techstars Startup Weekend Louisville

June 9-11, 2023

Techstars Startup Weekend Salerno

June 9-11, 2023

Techstars Startup Weekend Blumenau

June 16-18, 2023

Techstars Startup Weekend Change Makers Cachoeiro de Itapemirim

June 16-18, 2023

Techstars Startup Weekend Porto Alegre

June 23-25, 2023

Techstars Startup Weekend Smart Cities Busan

June 23-25, 2023

Techstars Startup Weekend Windkoek

June 23-25, 2023

Techstars Startup Weekend AI Global Online

June 30-July 2, 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:

Techstars Fundraising Series

June 6, 13 & 20

Join Techstars for an exclusive 3-part Fundraising Series, designed to give you the knowledge and tools you need to successfully raise capital for your early-stage startup.

Industry events

Techstars staff attend many prominent industry events, including:


June 26-29 | Toronto


The Techstars worldwide network helps entrepreneurs succeed. Check out exit and funding news from the Techstars portfolio for April and May:

Portco exits

Codiga (Techstars Boulder 2021), a coding optimization and education platform, is acquired by Datadog.

Portco funding

Kepler Communications (Techstars Seattle 2016), a Canadian-based satellite operator, raises $92M in a Series C funding round.

Orbit Fab (Space 2019), the orbit refueling service provider creating “gas stations in space,” closes out a Series A round with $28.5M raised.

Hydrosat (Space 2019), the geospatial data analytics company, collects $20M in grants and Series A investments.

DeepHow (Techstars Mobility 2018), the “how-to” video platform for AI skills training, closes a $14M Series A investment round.

Taylor & Hart (Techstars Boston 2016), the Bulgarian-founded jewelry startup, raises €4M to develop innovative blockchain technology.

NATIX (Smart Mobility 2022), the decentralized network of smart cameras, grabs $3.5M in pre-seed funding.

Zipline (Seattle 2011), the drone delivery startup, reaches a valuation of $4.2B.

Zeno Power (Starburst Space 2019), a startup developing radioisotope systems for the U.S. Military, brings in $30M to build satellites for the U.S. Air Force.

Hackjob (London 2015), a job marketplace bringing together technical candidates and companies looking for help, puts together a $25M Series B funding round.

Bloomfilter (Chicago 2022), a process intelligence platform for software development, raises a $7M Seed round.

Covatic (Comcast 2020), the privacy-first ad-tech firm, raises a $5M Series A funding round.

Ateios (Heritage Group 2019), a leading battery materials innovation manufacturer, closes a $2.4M contract from the DoD to develop improved battery materials.

Other news

Tech Funding News, The 10 most promising early-stage tech startups in Europe for 2023, May 5, 2023

TechCrunch, Startups should absolutely work with governments to support defense projects, May 28, 2023