Techstars Update - February 2024

Feb 29, 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 February.

In review:

34 new investments

11 portfolio companies closed 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 34 companies through 3 programs in the past month. Each program selected 10-12 companies as part of this term’s cohort, bringing our total portfolio to 4,120 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:

ARM Labs Lagos Techstars Accelerator

Jump n Pass | Veend | One Plan | Surge Africa | Beauty Hut Africa Ltd | Swoove | GetEquity | 24seven | PressOne Africa | Rana | PharmaBusinessReview | 8medical

Techstars New York City Accelerator

Alo Index | aVenture | Coda | PIEPIE.AI | 1to1 | Nector | Joylet | Leantime | Scent Lab | ClothesLyne | Kwikkart | Jupiter Card

The Minnesota Twins Accelerator by Techstars

Refr Sports | Reifisports | LOWR | Cup Carrier Media | Gudea | Sports Vision | PromoShare | Camperoni | PandoPartner | The Playbook

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 partner supporting Techstars founders:

Techstars and University of Southern California Collaborate to Spur Innovation, Entrepreneurial Growth

Techstars, the most active pre-seed investor in the world, and the University of Southern California (USC) are launching the USC and Techstars Digital Economy Program to cultivate an entrepreneurial ecosystem that supports startups and inspires entrepreneurship within the vibrant USC community.

“This new partnership with Techstars is certain to inspire growth in the Southern California innovation ecosystem and fortify the fast-growing tech corridor that stretches from Santa Barbara through LA to San Diego. We look forward to building an entrepreneurship accelerator that produces even more student, faculty, and alumni startups,” said Ishwar K. Puri, USC Senior Vice President of Research and Innovation.

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 has helped build thousands of successful companies, all over the world. 

Applications opening

Learn more about our 3-month accelerators where founders gain funding, mentorship, and access to the Techstars network for life. The following programs have applications opening on March 4:

ABN AMRO + Techstars Future of Finance Accelerator

Build in Tulsa Techstars Accelerator

Techstars Alabama EnergyTech Accelerator

Techstars Anywhere Remote Accelerator

Techstars Atlanta powered by J.P. Morgan

Techstars Berlin Accelerator

Techstars Boston Accelerator

Techstars Chicago powered by J.P. Morgan

Techstars Columbus powered by The Ohio State University

Techstars Detroit powered by J.P. Morgan

Techstars Economic Mobility powered by Samvid Ventures

Techstars London Accelerator

Techstars Los Angeles powered by J.P. Morgan

Techstars Miami powered by J.P. Morgan

Techstars New Orleans powered by J.P. Morgan

Techstars New York City Accelerator

Techstars New York City powered by J.P. Morgan

Techstars Physical Health Fort Worth Accelerator

Techstars San Diego powered by San Diego State University

Techstars Space Accelerator

Techstars Sustainability Paris Accelerator

Techstars Tech Central Sydney powered by the NSW Government

Techstars Tel Aviv Accelerator

Techstars Washington DC powered by J.P. Morgan

Techstars WaterTech & Sustainability

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. 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 following program with open applications:

Techstars Founder Catalyst WaterTech & Sustainability

Apply by March 4.

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 March events below:

Techstars Startup Weekend Kyiv

March 1-3, 2024

Techstars Startup Weekend Women Goiânia

March 1-3, 2024

Techstars Startup Weekend New Bedford

March 1-4, 2024

Techstars Startup Weekend Sana'a

March 7-9, 2024

Techstars Startup Weekend Treviso

March 8-10, 2024

Techstars Startup Weekend Niort

March 8-11, 2024

Techstars Startup Weekend Tampa Bay

March 15-17, 2024

Techstars Startup Weekend Warsaw

March 15-17, 2024

Techstars Startup Weekend Oradea

March 15-18, 2024

Techstars Startup Weekend Smart Cities Itapema

March 15-18, 2024

Techstars Startup Weekend Beaufort

March 22-24, 2024

Techstars Startup Weekend Myrtle Beach

March 22-24, 2024

Techstars Startup Weekend Women Dublin

March 22-24, 2024

Techstars Startup Weekend Change Makers Richmond

March 22-25, 2024

Techstars Startup Weekend Newburgh

March 22-25, 2024

Techstars Startup Weekend Social Innovation Siliguri

March 29-April 1, 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:

Techstars: Empowering Founders and Innovation

Thursday, March 7 | 11:30 am PT

RSVP Now

Eat. Sleep. Grind. with Maëlle Gavet

Friday, March 15 | 9 am PT

RSVP Now

Master the Pitch: Deck Review

Monday, March 25 | 12 pm PT

RSVP Now

Industry events

Techstars staff attend many prominent industry events, including:

SXSW

March 8-16

Opportunity

The Techstars worldwide network helps entrepreneurs succeed. Check out the February funding news from the Techstars portfolio:

Fundraising news

Klas (Techstars 2022) raises $1M for global scaling of online teaching platform.

Traive (Techstars 2018) secures $20M for expansion and new product launch.

SheMatters (Techstars 2021) raises $2 million to launch symptom tracker app and expand program targeting maternal mortality disparities.

Branching Minds (Techstars 2014) secures growth investment from Bain Capital Double Impact.

AMPLY Discovery (Techstars 2023) raises €1.6 million to tackle complex diseases with drug discovery platform.

Groover (Techstars 2018) raises $8 million in Series A funding to provide all-in-one music promotion platform for independent artists.

Parlay (Techstars 2023) raises $1.3M to offer inclusive access to financial resources for small businesses.

Planette (Techstars 2023) raises $2.4M for AI-boosted climate prediction tech.

AZmed (Techstars 2018) secures €15 million to shape the future of medical imaging with AI.

Conservation Labs (Techstars 2018) raises a $7.5-million Series A funding round.

KLIQ (Techstars 2022) gets €1.4 million to shift creators from content generation to business ownership.

Other news

Pensions & Investments, Venture capital industry going through full restructuring, Techstars CEO says, Feb. 7

Nikkei Asia, U.S. Techstars CEO eyes Japan as Asia's hub for accelerating startups, Feb. 17

Business Insider Africa, Thriving in tough times: Strategies for African startups amidst declining VC funding, Feb. 21

The Guardian, 12 African startups draw full house as Techstars hosts Demo Day in Lagos, Feb. 21

DavidGCohen.com, Techstars is evolving and growing, Feb. 26