10.11.2023 – Arcanys Ventures, a leading name in technology solutions, is thrilled to announce a game-changing partnership with Techstars Transformative Torino, the renowned global startup accelerator. The collaboration aims to revolutionize the technology landscape for startups joining the next Transformative World Techstars Accelerator in 2024.
Companies selected for the accelerator program will gain unprecedented access to Arcanys Ventures' team of +300 seasoned experts, enabling them to elevate their technology solutions to new heights. The partnership will provide valuable assistance to startups through technology audits, strategic architectural decisions, scalability planning, and guidance on expanding the development teams. Startups that already have a CTO can benefit from the support in reviewing their plans and engaging in high-level discussions with diverse teams of architects, ensuring they build the most suitable technology for their needs. Arcanys Ventures, with a portfolio of 19 international startups from San Francisco to Sydney, can cater to both companies with an in-house CTO and those without, offering tailored solutions to meet every requirement and act as a fractional CTO.
This initiative aims to bridge the gap for early-stage startups, empowering them to bring their visions to life even without a dedicated technical expert on their team.
Additionally, selected teams will have the unique opportunity to receive an equity-for-tech investment from Arcanys Ventures. This groundbreaking investment model allows startups to exchange equity for essential technological expertise and manpower, propelling their growth and ensuring a strong foundation for their entrepreneurial journey.
"With this strategic partnership, Arcanys Ventures and Techstars Torino are opening doors for innovative startups, regardless of their technical expertise," said Alan Debonneville, Co-Founder and Managing Partner at Arcanys Ventures. "We believe that by combining Techstars Torino's exceptional mentorship and resources with Arcanys Ventures' technical competencies, we can catalyze the growth of these startups, empowering them to make a significant impact on the global stage."
Martin Olczyk, Managing Director at Techstars, said, "To date, we have invested in and accelerated more than 40 international companies, raising over EUR85 million in follow-on funding. With our mentorship-driven accelerator, we support companies in finding product-market fit faster, gaining access to clients, and increasing the chances of securing successful follow-on funding. The partnership with Arcanys Ventures will create new opportunities for our portfolio companies on the technology side and provide an unfair advantage for startups that lack tech resources or struggle to find the right software team as they grow rapidly. Arcanys’ Swiss management team has extensive experience in building successful tech companies and offers founders a unique opportunity to boost their product development. I’m very excited to work with Alan and Fred whom I have known for more than 10 years and who supported me while building my own startups in the past."
Startups interested in the Transformative World Techstars Accelerator are encouraged to apply before November 25th and take advantage of this unparalleled opportunity. For more information about the application process and program details, please visit our program page.
For media inquiries and further information, please contact:
Sheila Simon, Program Manager, Techstars Transformative World Torino
Founded in 2016, Arcanys Ventures is a pioneering technology solutions provider with more than 300 employees, committed to empowering startups and enterprises with innovative software development services. With a focus on cutting-edge technologies, Arcanys Ventures helps businesses transform their visions into reality, ensuring sustainable growth and market leadership. With a proven track record of 19 equity4tech investments ranging between $100-500k per company, and in supporting and promoting tech innovators, the support goes a lot further for their partners than simply a capital investment. Arcanys Ventures offers critical technical guidance and support in many unexpected areas that start-ups encounter, from their early days to IPO.
Techstars Torino is a leading global startup accelerator that empowers entrepreneurs to bring new technologies and innovations to market. With a robust network of mentors, investors, and industry experts, Techstars Torino provides startups with unparalleled resources and support, enabling them to thrive in today's competitive business landscape. The program started with a focus on Smart Mobility in 2019 and since then has evolved into Cities of The Future and now Transformative World accelerator that has invested in more than 40 international startups which raised +EUR85 million in follow-on funding and have created more than 400 jobs. The program is executed in collaboration with Fondazione Compagnia Di San Paolo, Fondazione CR, and Intesa Sanpaolo Innovation Center and is headquartered in Italy’s largest innovation hub, OGR Torino.
The Techstars worldwide network helps entrepreneurs succeed. Founded in 2006, Techstars began with three simple ideas—entrepreneurs create a better future for everyone, collaboration drives innovation, and great ideas can come from anywhere. Now we are on a mission to enable every person on the planet to contribute to, and benefit from, the success of entrepreneurs. In addition to operating accelerator programs and venture capital funds, we do this by connecting startups, investors, corporations, and cities to help build thriving startup communities. Techstars has invested in more than 3,800 companies with a combined market cap of $105B. www.techstars.com