Techstars Update - December 2023

Jan 02, 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've been up to this month!

In review:

173 new investments

9 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 173 companies through 15 programs in the past month. Each program has selected 10-13 companies as part of this term’s cohort, bringing our total portfolio to 3,871 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 Economic Mobility Powered by Samvid Ventures

Hiveclass | Balance | Laurels | Snappable | MoneyStack | Vero Learning | Take2.ai | Edifii | Making Space | Aura Finance | Impactica Labs

ABN AMRO & Techstars Future of Finance Accelerator

Lipefi | FidoRent | kumo | PortF | Hypeal | TractionBoard | Complok | Market Dynamics | AVENIR TECH LTD | XQUIRE

Techstars Alabama EnergyTech Accelerator

Bluetanks | Split EV | Ai-OPs | Grid Discovery | EarthABC | Maverick IQ | EV Safe Charge | clever Offsets | Meredot | ScoutIt | InfraNergy | Pitch Aeronautics

Techstars Boston Accelerator

BioticsAI | InStockRx | Aperture Bio | RIPA AI | modlee | Amherst Intelligent Security | Mineral Forecast | Bummock AI | Ediphi | Ekos | linq | Rewire Health

Techstars Chicago Accelerator

Overture Games | Orca | Echo Labs | TuneHatch | VisualLabs AI | Perennial Paradigm | GridLink | ViewIT | Syndacart | Open to the offer | immersionED

Techstars Chicago powered by J.P. Morgan

Zencey | Conelabs | Asoba | Blue Saturn | askMay | MV Sales&Logistics | xPub | ProsumerGrid | AMPLY Discovery | Outlit | MedDefend | Higheru

Techstars London Accelerator

Medtribe | Roost | Incredible | P.S. Bridal Rental | qomodo | Affiniti AI | Mindflow Health | Antares Health | heySimulate | Curada | InStep

Techstars Los Angeles powered by J.P. Morgan

Linker Finance | IONA | Textual | Cohere Network | Kinometrix | inlike | Sweetkiwi | Diagon Technologies | Vital Audio | Kilsar | Efektiva

Techstars Miami powered by J.P. Morgan

Cloudoor | accelEQ | FortyGuard | Gabu | ILUMA | Rhetora.ai | Question Base | Smartsy | Devpass | Casalist | CodeGPT by Judini | Fuddis

Techstars Physical Health Fort Worth

Brilliantly | Hera Fertility | Maya Ai | ComeBack Mobility | Pulse Charter Connect | LUBU Technologies | SOMOS | Vessl Prosthetics | Comma | Xplosion Technology

Techstars San Diego powered by San Diego State University

General Folders | Oblio | Site Bionics | Craitor | Cobroker AI | Babba | Mosqitter | CargoShot | NeveMind | Airbuild | Steno | Remix

Techstars Space Accelerator

Esper Satellite Imagery | Apeiron Space | O Analytics | Locus Lock | GATE Space | Westwood Aerogel | closedloop | PierSight Space | Magma Space | Little Place Labs | Iris Light Technologies | Imetalx Group

Techstars Sustainability Paris Accelerator

illuminem | CarbonBright | Greenfluidics | Ari Care | Greena World | Canopey | MinersAI | We Make Change | MATERIAL | STACKEASE | Propellane | EEVY | MCLedger

Techstars Washington DC powered by J.P. Morgan - Class 1

WorkOnward | Grain Fertility | Jackalo | TribeMeets | Demtec | Market Games | Axxelist | Washington’s Hammer | InclusionScore | Smart Border Systems | Vamos | Wolomi

Techstars Washington DC powered by J.P. Morgan - Class 2

Lokum | Inphlu | ForceField IO | Mili Llama | Scaffolded | Rush Roto | BTE Analytics | Moolathon | Pirl Technology | Notey | SLAIT School | Chuqlab

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:

Techstars Launches New Accelerator Program in Japan in Partnership with Mitsui Fudosan and JETRO

Techstars Tokyo will unlock new opportunities for early-stage entrepreneurs worldwide, providing them access to Japan’s dynamic tech ecosystem while also creating fresh avenues of value that contribute to the growth of the Japanese economy and benefiting broader society.

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 soon:

Techstars Boulder Accelerator

Applications Open: March 4, 2024

Techstars San Diego powered by San Diego State University

Applications Open: March 4, 2024

Techstars Tech Central Sydney powered by the NSW Government

Applications Open: March 4, 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 live virtual or in-person Demo Day event:

Techstars Detroit powered by J.P. Morgan

January 11 | Detroit

Build in Tulsa Techstars Accelerator

January 11 | Tulsa

Techstars Oakland powered by J.P. Morgan

January 11 | San Francisco

Techstars Future of Ecommerce powered by eBay

January 11 | San Francisco

Techstars Seattle Accelerator

January 17 | Seattle

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 January events below:

Techstars Startup Weekend Ghaziabad

January 5-8, 2024

Techstars Startup Weekend Des Moines

January 12-15, 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:

Virtual Meet and Greet January

January 30 | 10:30 am PT

Learn more about our Techstars Mentorship-Driven Accelerators and find out if Techstars is a good fit to help accelerate your startup.

Opportunity

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

Portco news

Retrocausal (Techstars Seattle 2020), a leading platform provider for manufacturing process management, raises an oversubscribed $5.3M round.

Valid8 Financial (Techstars Seattle 2017), a leader in Verified Financial Intelligence, announced $8.5 million in Series A funding.

Wakeo (Techstars Paris 2017) raises €18M for supply chain visibility and sustainability.

FTN Network (Techstars Sports Accelerator Powered by Indy 2022) closes seed funding round, oversubscribing goal of $3 million.

Machinery Partner (Techstars Boston 2020) raises $11M to serve the builders of America.

Poppy (Techstars Atlanta powered by Cox Enterprises 2020), a leader in wedding floral sales, closed on $6.5 million in Series A funding.

Respeecher (Comcast NBCUniversal LIFT Labs Accelerator, Powered by Techstars 2019), Ukrainian synthetic voice startup, raises $1 million in funding.

Gentian (Techstars Farm to Fork Accelerator 2023) secures a $1.6 million pre-seed investment to scale AI biodiversity monitoring.

Future (Techstars Boston 2021), a climate-focused fintech, has raised $6.5 million in new funding and acquired a startup to expand its rewards platform.

Other news

Techstars, A Profound and Unprecedented Reset, December 12, 2023

Businesswire, Techstars Launches New Accelerator Program in Japan in Partnership with Mitsui Fudosan and JETRO, December 12, 2023

Crunchbase News, Most Active US Investors: General Catalyst Leads The Way In November, December 6, 2023

The Daily Bolster (Podcast), Building a Stable Business in a Tough Economy with Maelle Gavet, December 3, 2023