Techstars Update - July 2024

Jul 31, 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 July.

In review:

12 portfolio companies secured funding

1 portfolio company exit

2 accelerator programs with applications opening soon

6 upcoming Startup Weekend events

Capital

Each year we choose more than 700 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.

Portfolio Companies

Techstars has invested in 4,400+ 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.

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 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 Transformative World Torino

Applications open August 12.

USC and Techstars Digital Economy Program

Applications open August 26.

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 entrepreneurial ecosystem in your city.

See our August events below:

Techstars Startup Weekend São Bento do Sul

August 2-5, 2024

Techstars Startup Weekend AI Villahermosa

August 9-12, 2024

Techstars Startup Weekend Gandhinagar

August 9-12, 2024

Techstars Startup Weekend Addis Ababa

August 23-25, 2024

Techstars Startup Weekend Tagbilaran City

August 23-26, 2024

Techstars Startup Weekend Guayaquil

August 30-September 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:

Pitch Deck Mastery: Essential Elements for Investor Interest

August 6 | 2:30 pm ET

Techstars Founder's Journey: Stories of Success and Struggle

August 13 | 2 pm ET

Building Your Dream Team: Founder Edition

August 21 | 6 pm ET

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

Opportunity

The Techstars worldwide network helps entrepreneurs succeed. Check out the July fundraising and exit news from the Techstars portfolio.

Fundraising News

Vortex IQ (Techstars 2024) secures $1M to propel e-commerce into the AI-driven future.

Web3 infrastructure startup ThirdFi (Techstars 2022) secures $2M in token funding backed by Chainlink.

AI-powered Regard (Techstars 2017) nabs $61M to find missed illness, boost hospital revenue.

Talent acquisition platform Making Space (Techstars 2023) closes an oversubscribed $2M pre-seed round.

Fintech Dopay (Techstars 2014) secures a $13.5M Series A extension round to bank the next billion workers.

Cubbit (Techstars 2018) raises $12.5M for geo-distributed cloud storage solution.

LevelTen (Techstars 2017) lands $65M from Microsoft, Google to expand clean energy marketplace services.

Employee retention startup SeenCulture (Techstars 2023) raises $1M pre-seed round.

‘All-in-one’ recruitment tech startup Tech1M (Techstars 2023) secures $750K in funding.

FreshX (Techstars 2023), a cold-chain logistics startup, closes a $2.7M pre-seed round.

FundMiner (Techstars 2023) raises an additional $2.5M to innovate and expand to new markets.

IAMBIC (Techstars 2024) steps ahead with a $1M grant to scale AI sneaker fit.

Exit News

Customer intelligence platform Zelta AI (Techstars 2022) is acquired by Pendo.

Other News

Our B2B Services Guide is live with nearly 200 new Techstars companies added with tools or services that can help businesses improve and scale.

Forbes, Looking To Work At A Startup? Explore These 5 Job Boards, July 18

Venture Capital Journal, Techstars promotes Geehan to CFO, July 23

Alabama Inno, Propelling success: How Birmingham's accelerators are fueling innovation, July 23

Forbes, To Accelerate Or Not? How To Choose The Right Program For Your Startup, July 30