Techstars Update - September 2024

Sep 30, 2024
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 September.

In review:

12 new investments

16 portfolio companies secured funding

1 portfolio company was acquired

2 upcoming Demo Days

18 upcoming Techstars Community events

Capital

Each year we select hundreds of companies to join one of our 3-month, mentorship-driven accelerators, investing $120K and providing hands-on mentorship and access to the Techstars network.

Portfolio Companies

Since 2006, Techstars has invested in 4,400+ companies. 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 Workforce Development Accelerator

DeltaGenAI | Wingspans | Welfie | Fathom | Incskill | SubHub | Pelican | CareerGenie | Inclusion Unpacked | Mapt | BillionMinds | Flexspeak

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 worldwide.

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 has helped build thousands of successful companies.

Applications

Learn more about our accelerator programs where founders gain funding, mentorship, and access to the Techstars network. The following programs are accepting applications:

Build in Tulsa Techstars Accelerator

Northwestern Medicine & Techstars Healthcare Accelerator

Techstars AI Health Baltimore powered by Johns Hopkins University and CareFirst BlueCross BlueShield

Techstars Anywhere Accelerator

Techstars Columbus powered by The Ohio State University

Techstars London Accelerator

Techstars New York City Accelerator

Techstars San Francisco

Techstars Web3 Accelerator

Techstars Workforce Development Accelerator

USC and Techstars Digital Economy Program

Techstars Transformative World Torino

Apply for these programs by November 20, 2024.

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 virtual or in-person Demo Day event. See upcoming Demo Day events:

Techstars Atlanta Powered by Cox Enterprises

October 9 | Atlanta, GA

Techstars Tokyo Accelerator

November 12 | Tokyo

Connection

Events & Pre-Accelerator Activity

We believe that while people and ideas are equally distributed, opportunity and resources are not. That is why we are committed to increasing access to entrepreneurship — all over the world.

Founder Catalyst

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 & Startup Week

Startup Weekend is a three-day program where aspiring entrepreneurs can experience startup life in hundreds of cities worldwide. Startup Week is a celebration of entrepreneurship and the people shaping the startup community in your city. See our October community events:

Techstars Startup Weekend AI Messina

October 2-5, 2024

Techstars Startup Weekend Patna

October 4-7, 2024

Techstars Startup Weekend JAIPUR

October 5-8, 2024

Techstars Startup Weekend Uni Seeb

October 10-12, 2024

Techstars Startup Weekend Porto

October 11-13, 2024

Techstars Startup Weekend Tallahassee

October 11-13, 2024

Techstars Startup Weekend Ibirama

October 11-14, 2024

Techstars Startup Weekend Strasbourg

October 11-14, 2024

Techstars Startup Weekend National University Oman

October 17-19, 2024

Techstars Startup Weekend E-Commerce Basra

October 17-20, 2024

Techstars Startup Weekend Haugesund

October 18-21, 2024

Techstars Startup Weekend Pavia

October 18-21, 2024

Techstars Startup Weekend São João Batista

October 18-21, 2024

Techstars Startup Weekend Videira

October 18-21, 2024

Techstars Startup Week Guimarães

October 21-26, 2024

Techstars Startup Weekend Tubarão

October 23-26, 2024

Techstars Startup Weekend Smart Cities Santiago

October 25-28, 2024

Techstars Startup Weekend Xanxerê

October 25-28, 2024

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:

Pre-Accelerator or Accelerator?

October 2 | 10 am ET

How to Make Your Application Stand Out

October 8 | 11 am ET

Inside a Techstars Accelerator

October 16 | 12 pm ET

Techstars Application Deadline: Last Chance AMA

October 22 | 1 pm ET

Techstars Virtual Meet and Greet

October 29 | 1:30 pm ET

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

Industry Events

Techstars staff attend many prominent industry events, including:

HLTH

October 20-23 | Las Vegas

Opportunity

The Techstars worldwide network helps entrepreneurs succeed. Check out the September fundraising news from the Techstars portfolio.

Fundraising News

Turing School of Software & Design (Techstars 2020) was awarded a $350K grant from Opportunity@Work to accelerate their training for "STARs" entering the tech industry without college degrees.

Monda (Techstars 2018) raises a $5M seed round to help companies monetize data and fuel AI.

Ediphi (Techstars 2023) raises oversubscribed $1.5M round to expand hospitality training platform.

AltScore (Techstars 2022) raises $8.5M in Series A funding to empower SME lending across Latin America.

AceUp (Techstars 2019) secures $22.5M in Series A to bring hyper-personalized, AI-powered coaching for team transformation.

Ecomtent (Techstars 2023) closes $1.15M CAD in pre-seed funding for Its AI-powered content generator.

Paris-based Bib Batteries (Techstars 2022) bags €2.2M to accelerate the circular economy of batteries.

SATIM (Techstars 2020), an AI company specializing in object detection and classification using Synthetic Aperture Radar (SAR) satellite imagery, raises funding round.

Twelve (Techstars 2018), a carbon transformation company, raises $645M in funding.

Mosaic (Techstars 2016) raises $28M CAD to accelerate its growth strategy in AM.

mbue (Techstars 2023) raises $1.8M in pre-seed round to eliminate errors in construction.

Canopie (Techstars 2022) secures $3.7M in funding with a seed round to expand access to preventive care for new moms.

Austin-based AI startup Knit (Techstars 2019) raises $9M to fuel consumer research platform.

Silvis Materials (Techstars 2022) was awarded a $1M NSF SBIR Phase II grant to reduce emissions in the packaging and building industries.

Berlin-based Cariqa (Techstars 2024) gets €1 million to launch a consumer-facing EV charging marketplace.

AI startup Doohickey (Techstars 2024) secures $500k in funding from Drive Capital.

Exit News

Kiwibot acquires Nickelytics (Techstars 2020), an ad startup, to turn its delivery robots into mobile billboards.

Investing Opportunity

Techstars is turning the most robust startup community into the most impactful investing syndicate. Sign up here to get deal flow deep dives and 2-click investing access to the best pre-seed and seed-stage companies in the Techstars ecosystem.

Techstars on Play Money: https://bit.ly/3Y2hCP1

Other News

Payload, Meet the Techstars Fall Class of 2024, September 9

Smart Company, Techstars’ 2024 cohort kicks off with record number of women-led startups, September 10

Ohio State News, Techstars Columbus and Ohio State announce new innovators cohort, September 13

Maddyness, Techstars opens a temporary space dedicated to Climate Tech in the heart of Paris, September 13

The Colorado Sun, What’s Working: Techstars Denver spotlights tech startups tackling workforce issues, September 14

Dallas Business Journal, 11 companies join Techstars accelerator in Fort Worth, September 16

Technext, Launch Africa, Techstars, 54 Collective top list of active investors in Africa in H1 2024, September 17