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Techstars Update - October 2023

Oct 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:
78 new investments
15 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 below.

Portcos

Techstars has invested in 78 companies through six programs in the past month. Each program has selected 9-24 companies as part of this term’s cohort, bringing our total portfolio to 3,769 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:

The Riyadh Techstars Accelerator

Techstars Atlanta powered by Cox Enterprises

Techstars Boulder Accelerator

Techstars Farm to Fork Accelerator

Techstars Tech Central powered by the NSW Government

Techstars Toronto Accelerator (Canada)

Techstars Toronto Accelerator (Global)

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. Learn more here.

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.

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 November events below:

Techstars Startup Economía Naranja Sureste

November 3-5, 2023

Techstars Startup Weekend University Edinburgh

November 3-5, 2023

Techstars Startup Weekend AI London

November 10-12, 2023

Techstars Startup Weekend AI Milan

November 10-12, 2023

Techstars Startup Weekend Change Makers Toulouse

November 10-12, 2023

Techstars Startup Weekend FinTech Aalborg

November 10-12, 2023

Techstars Startup Weekend Queenstown

November 10-12, 2023

Techstars Startup Week Tallahassee

November 13-17, 2023

Techstars Startup Week Zanzibar

November 13-17, 2023

Techstars Startup Weekend Bahrain

November 16-18, 2023

Techstars Startup Weekend Aden

November 17-19, 2023

Techstars Startup Weekend Agen

November 17-19, 2023

Techstars Startup Weekend AgroTech Dar Es Salaam

November 17-19, 2023

Techstars Startup Weekend Fort Worth

November 17-19, 2023

Techstars Startup Weekend Impact Cergy-Pontoise

November 17-19, 2023

Techstars Startup Weekend Nantes

November 17-19, 2023

Techstars Startup Weekend Santo Ângelo

November 17-19, 2023

Techstars Startup Weekend Sustainability Durham

November 17-19, 2023

Techstars Startup Weekend Bio Tech Malaga

November 24-26, 2023

Techstars Startup Weekend Faro

November 24-26, 2023

Techstars Startup Weekend Posadas

November 24-26, 2023

Techstars Startup Weekend Social Impact Le Port

November 24-26, 2023

Techstars Startup Weekend Sustainability Parma

November 24-26, 2023

Techstars Startup Weekend Challenge Chateauroux

November 30, 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:

Fireside Chat: Tech Startups Driving the Green Revolution Wednesday, November 1 | 9:00 am PT RSVP Now

Techstars Industries of the Future | Meet the Partners AMA Tuesday, November 7 | 11 am PT RSVP Now

Master the Techstars Application Wednesday, November 8 | 9 am PT RSVP Now

Techstars EMEA - State of European Early-Stage VC Market in 2023 Tuesday, November 28 | 9-10:30 am MST RSVP Now

Opportunity

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

Portco news

Openly (Techstars Boston 2018), the insurtech homeowners' insurer, raises a $100M Series D fund.

Overstory (Techstars Lisbon 2019), a satellite vegetation intelligence platform using AI to prevent wildfires, power outages, and create safer communities, grabs $14M in Series A funds.

Warmly (Techstars Boulder 2020), a sales enablement platform using website analytics to create and share warm leads with customers, raises $11M in Series A financing.

Inuru (Techstars Berlin 2018), the builder of cost-efficient OLED technology, raises $10M to continue to grow the printed electronics market.

Twelve Labs (Techstars Seattle 2021), an AI video analysis platform building ‘CTRL+F’ for video, raises $10M from big players like Nvidia, Intel, and Samsung.

Urban Sky (Techstars Space 2020), an earth imaging company manufacturing stratospheric balloons, closes $9.75M in a Series A round.

Leucine (Techstars Bangalore 2019), the AI-powered cloud compliance platform for the pharmaceutical industry, raises $7M in Series A funding.

SwingVision (Sportstech Melbourne 2020), the AI training platform for athletes of all levels, raises $6M in Series A funding.

Team Wildfire (Techstars Boulder 2023), a technology company aimed to prevent wildfires, puts together a $3.7M seed round.

Auquan (Techstars London 2018), an AI producer for financial services, closes a $3.5M seed round to bring generative AI to finance.

Bevs (Techstars Space 2022), the LA-based software for liquor and convenience stores, collects $3.1M in seed funding.

Game Theory (Techstars Bangalore 2020), the sports tech company on a mission to help make Indians make healthier choices, raises $2M in funding.

SeasonShare (Techstars Sports 2022), the ticketing technology platform, raises millions in seed funding round.

Kodex.AI (Techstars Berlin 2022), the AI copilot for the financial industry, raises €1.6M to boost AI for fintech.

Escalate (Techstars Workforce Development 2022), an enterprise technology platform reducing frontline workforce turnover puts together $1.26M in pre-seed funding.