Techstars

Techstars is a global platform that invests in and supports early-stage technology companies. Founded in 2006, it operates a mentorship-driven accelerator program, providing seed funding, intensive mentorship, and access to a network of investors and entrepreneurs. Techstars has programs in various locations worldwide, including Boston, Boulder, New York, Seattle, London, Chicago, and Austin. It invests $118,000 in each company, with $18,000 in seed funding and an optional $100,000 convertible debt note. Techstars also has industry-specific accelerator programs, such as Techstars Retail and Techstars Music, focusing on retail and music technology, respectively. Its portfolio includes over 1,000 companies with a combined market cap of $8.1 billion.

Ethan Austin JD

Director

Sarah Bain

Managing Director

Saalim Chowdhury

Managing Director

Timothy Dorr

Managing Director

Maelle Gavet

CEO and Board Member

Terry Gold

Managing Director

Kirstin Hunter

Managing Director

Raphaele Leyendecker

Managing Director

Bob Moczydlowsky

Managing Director

Bruno Morency

Managing Director

Zach Nies

Managing Director

Hilla Ovil-Brenner

Managing Director

Julie Penner

Program Director

Neal Sales-Griffin

Managing Director

Martin Schilling

Managing Director

Sunil Sharma

Managing Director

KJ Singh

Managing Director

Oyin Solebo

Managing Director

Vijay Tirathrai

Managing Director

Kartik Varma

Managing Director

Jenna Walker

Managing Director

Anne Wellington

Managing Director

Past deals in ASEAN

Carbontribe

Convertible Note in 2024
Carbontribe Labs is a climate tech startup that specializes in creating a transparent, scalable platform for generating and trading digital assets representing removed greenhouse gases (GHGs). Using artificial intelligence, blockchain, and Web3 technologies, the company transforms data from various sources, such as sensors and industry GHG reduction activities, into verified digital assets. By combining AI-driven environmental monitoring with blockchain-secured data, Carbontribe Labs ensures trust, traceability, and efficiency in the carbon credit market. The platform aims to accelerate decarbonization and foster an inclusive, green economy by enabling primary industries, like farmers and forest owners, to monetize their land and activities that reduce GHG emissions.

Trainizi

Pre Seed Round in 2024
Trainizi is a technology company that specializes in upskilling and job placement for deskless workers, primarily in developing countries. It uses an interactive, AI-driven mobile platform to deliver personalized training, track learning performance, and provide 24/7 job counseling. The company aims to empower over 1 billion deskless employees, initially focusing on the healthcare industry in Vietnam, and plans to expand to other sectors like manufacturing, agriculture, and retail by 2030. Trainizi's innovative approach has been recognized and endorsed by governments, investment funds, and top media outlets in Europe, South Korea, and ASEAN.

Erasco

Series A in 2022
Erasco is Indonesia’s largest B2B trucking platform. Cargo product suites can seamlessly integrate with any business and empower supply chains to work with more transparency & efficiency. Cargo workflow tools allow freight to be priced, tracked and billed with technology. Cargo platform has highly managed and vetted transporters along with reputation systems to instill trust. The platform has managed to grow to tens of thousands of truckers and attracted notable clients such as some of the world's largest MNCs, the largest eCommerce platforms, and thousands of SME businesses

Packworks

Seed Round in 2022
Packworks is a Philippines-based company that specializes in providing an end-to-end platform aimed at enhancing the operations of retail stores. Through its ERP, fintech, and data solutions, Packworks seeks to empower millions of micro-entrepreneurs across Southeast Asia by equipping them with essential business tools and access to financial products. The platform facilitates streamlined supply chain management, addressing challenges such as sales monitoring, dispatching, and logistics. By offering business analytics and insights, Packworks enables retailers to identify and address specific operational areas for improvement, ultimately fostering business growth and resilience in a competitive market.

Equatorial Space

Non Equity Assistance in 2022
Equatorial Space is a startup focused on developing innovative rocket propulsion and launch systems aimed at making space access as safe and affordable as commercial air travel. The company specializes in simplifying the propulsion segment of launch vehicles, which is often the most failure-prone and expensive aspect of space missions. By employing a proprietary solid fuel formulation, Equatorial Space's systems are designed to be non-explosive and eco-friendly, significantly reducing component requirements and enhancing potential reusability. This approach not only addresses key risks associated with space access but also lowers costs for various civilian and military applications. Since its inception, Equatorial Space has garnered recognition through awards and participation in prestigious accelerator programs, solidifying its presence in Singapore, Australia, and the United States.

Vulcan Augmetics

Seed Round in 2021
Vulcan Augmetics is a Vietnam-based startup focused on creating affordable, modular robotic prosthetics that can be easily assembled and customized online, akin to building with LEGO. The company aims to become a leader in upgrading human capabilities through innovative technology. Their initial offerings include a range of prosthetic devices designed for both business-to-business and business-to-consumer markets, emphasizing modularity for ease of maintenance and cost-effectiveness. Each prosthetic features multiple flexible opening modes and is constructed from silicone materials, making them adaptable and accessible for amputees, particularly in developing nations. Vulcan Augmetics plans to expand its product line beyond prosthetics into various wearable technologies, including health monitoring devices and augmented reality systems. This growth strategy will leverage their online platform to facilitate interoperability among products and foster connections with designers and local manufacturers, ultimately positioning the company as a marketplace for body-mounted technology.

Packworks

Pre Seed Round in 2021
Packworks is a Philippines-based company that specializes in providing an end-to-end platform aimed at enhancing the operations of retail stores. Through its ERP, fintech, and data solutions, Packworks seeks to empower millions of micro-entrepreneurs across Southeast Asia by equipping them with essential business tools and access to financial products. The platform facilitates streamlined supply chain management, addressing challenges such as sales monitoring, dispatching, and logistics. By offering business analytics and insights, Packworks enables retailers to identify and address specific operational areas for improvement, ultimately fostering business growth and resilience in a competitive market.

AND Global

Series A in 2020
AND Global is a Financial Technology as a Service company founded in 2015 and headquartered in Singapore. The company focuses on providing comprehensive solutions for modern digital banking, aiming to enhance accessibility to financial services for under-banked individuals. Through its innovative machine learning-based system, AND Global evaluates various data points, including traditional banking information, income, expenses, and non-traditional metrics like social media activity, education, and employment history. This multifaceted assessment allows the company to establish personalized credit limits and tailor financial products to meet the unique behaviors and needs of its clients.

QuantShip

Pre Seed Round in 2020
QuantShip is a Singapore-based company founded in 2019 that enhances decision-making in the maritime industry through proprietary machine learning algorithms. The company specializes in providing predictive analytics solutions that empower shipping companies to make informed, data-driven decisions rather than relying on sentiment. By leveraging artificial intelligence, QuantShip delivers tailored intelligence that helps stakeholders in the maritime sector manage freight risks effectively. The organization aims to transform traditional decision-making processes in ocean commerce, significantly improving efficiency and reliability through its advanced technological platform.

CMC Global

Pre Seed Round in 2020
Founded from 25 years of ICT experience and over 10 years of Outsourcing field of CMC Corp, CMC Global's mission is to provide competent software engineers, ICT solutions and services for the overseas markets. At present, CMC Global is employing more than 300 staff together with a member company in Japan. With the aim of bringing CMC’s high – tech products and services internationally, CMC Global is making efforts to set up the first foundations with the ambitions: having at least 1000 employees working overseas by 2020, revenue from software products and services to the foreign markets will surpass the domestic; more products and services meet the world – class standards. In the future, CMC Global plans to open more subsidiaries in some Asian countries such as Singapore, Malaysia...

Lauretta.io

Pre Seed Round in 2020
Lauretta.io is a technology company that specializes in artificial intelligence applications aimed at creating digital twins of humans, objects, and interactions to establish social graphs of physical space interactions. An alumnus of the Techstars Accelerator sponsored by AFWERX in 2020, the company utilizes advanced sensors, CCTV cameras, and multispectral imaging through its Delos Detect and Track system. This technology enables the creation of smart installations that provide unified context to physical environments, enhancing security and situational awareness. Lauretta.io is recognized for its video analytics capabilities, serving various sectors including defense, homeland security, and airport operations in Singapore, and has adapted its algorithms for use in the U.S. Department of Homeland Security. The company collaborates with MIT’s Draper Labs to advance its systems for military applications, particularly in coordinating autonomous UAVs. Committed to ethical AI, Lauretta.io emphasizes privacy and human-centric principles, avoiding biometric technologies like facial recognition, and focusing instead on anonymized data to understand activities within spaces.

SeaMiles

Pre Seed Round in 2019
SeaMiles is a pioneer in creating a loyalty program specifically aimed at seafarers and shore personnel in the maritime industry, which encompasses over 15 million potential participants. The company offers a proprietary online platform that enables users to convert nautical miles traveled during their work into reward points. These points can be redeemed for various goods and services from a network of merchants, airlines, and hotels, enhancing the lifestyle and experiences of its members. SeaMiles employs a unique gamification model to engage its users, alongside AI-generated metrics to track loyalty performance effectively. Designed for scalability, the platform caters to both business-to-business and business-to-consumer interactions, positioning it to disrupt the loyalty industry. The team behind SeaMiles brings over 80 years of maritime expertise and 40 years of experience in the loyalty sector, with a diverse cultural background and a history of entrepreneurial success across multiple countries.

C-Log

Pre Seed Round in 2019
C-LOG is a Singapore-based company founded in 2017 that specializes in secure digital platforms for data collaboration within the maritime industry. Its focus is on facilitating dynamic, transparent, and secure interactions among stakeholders, thereby enhancing efficiency and reducing costs for both private enterprises and public institutions. The company offers a decentralized, blockchain-enabled platform that allows certificate issuers, individuals, and employers to securely store, manage, and verify academic and professional credentials. By integrating identity management software, C-LOG ensures compliance with regulatory requirements while addressing various administrative and cybersecurity challenges faced by the maritime sector through the use of shared data and artificial intelligence.

Booqed

Seed Round in 2019
Booqed Limited operates a mobile application designed to facilitate the search for temporary working spaces for freelancers and startups. Founded in 2016 and headquartered in Kennedy Town, Hong Kong, Booqed provides a digital marketplace that connects businesses with short-term meeting, work, and event spaces in cities like Hong Kong, Singapore, and Shenzhen. The platform features over 1,600 listings across nine Asian cities and serves more than 35 corporate clients. By enabling transactions between landlords and tenants, Booqed helps users quickly find flexible spaces while allowing property owners to monetize underutilized or unused areas, thereby enhancing overall space utilization and return on investment.

Cake

Pre Seed Round in 2019
Equity should be a piece of cake. We’re on a mission to simplify companies issuing and transferring shares, options and notes, and keeping your owners sweet. Started in Australia, we now help startups in Singapore, US, UK, India, UAE, New Zealand and growing fast!

Booqed

Pre Seed Round in 2018
Booqed Limited operates a mobile application designed to facilitate the search for temporary working spaces for freelancers and startups. Founded in 2016 and headquartered in Kennedy Town, Hong Kong, Booqed provides a digital marketplace that connects businesses with short-term meeting, work, and event spaces in cities like Hong Kong, Singapore, and Shenzhen. The platform features over 1,600 listings across nine Asian cities and serves more than 35 corporate clients. By enabling transactions between landlords and tenants, Booqed helps users quickly find flexible spaces while allowing property owners to monetize underutilized or unused areas, thereby enhancing overall space utilization and return on investment.

JazzyPay

Pre Seed Round in 2018
JazzyPay is a payment gateway provider based in Makati City, Philippines, founded in 2017. The company offers a unified payment platform that allows customers to make payments to schools, clinics, and hospitals via various channels including app, email, SMS, or messaging platforms. JazzyPay supports multiple payment methods such as credit cards, debit cards, online banking, digital wallets, and over-the-counter cash deposits. The company is regulated by the Bangko Sentral ng Pilipinas (BSP) as an Operator of Payments System (OPS).

Shoffr

Seed Round in 2018
Shoffr is an information technology company that provides a proprietary consumer intelligence platform that delivers consumer engagements, acquisitions, and transactions through mobile advertising. it features a consumer platform for mobile advertising. The company was founded in 2017 and headquartered in Singapore.

Aligned Biz

Pre Seed Round in 2018
Aligned Business Pte. Ltd. is a Singapore-based company that specializes in developing a global digital insurance content management platform. Established in 2012, the company has created Origami, an end-to-end insurance platform that enables carriers and their distribution networks to efficiently configure and digitize insurance products for sales automation. This platform allows for the rapid development of on-demand digital insurance products in multiple languages, streamlining traditionally lengthy and costly processes in the insurance industry. By offering a flexible and agile front-end sales system, Aligned Business enhances service delivery for clients operating in diverse markets and across various insurance lines.

AND Global

Seed Round in 2018
AND Global is a Financial Technology as a Service company founded in 2015 and headquartered in Singapore. The company focuses on providing comprehensive solutions for modern digital banking, aiming to enhance accessibility to financial services for under-banked individuals. Through its innovative machine learning-based system, AND Global evaluates various data points, including traditional banking information, income, expenses, and non-traditional metrics like social media activity, education, and employment history. This multifaceted assessment allows the company to establish personalized credit limits and tailor financial products to meet the unique behaviors and needs of its clients.

AND Global

Debt Financing in 2018
AND Global is a Financial Technology as a Service company founded in 2015 and headquartered in Singapore. The company focuses on providing comprehensive solutions for modern digital banking, aiming to enhance accessibility to financial services for under-banked individuals. Through its innovative machine learning-based system, AND Global evaluates various data points, including traditional banking information, income, expenses, and non-traditional metrics like social media activity, education, and employment history. This multifaceted assessment allows the company to establish personalized credit limits and tailor financial products to meet the unique behaviors and needs of its clients.

Chainalysis

Series A in 2018
Chainalysis Inc. is a blockchain analysis company that specializes in anti-money laundering software tailored for cryptocurrency businesses. Founded in 2014 and headquartered in New York, with additional offices in Copenhagen, Tokyo, and Singapore, the company offers a suite of products designed to enhance compliance and security in the cryptocurrency space. Key offerings include REACTOR, an interactive investigation tool that identifies offenders and visualizes data; a transaction-based risk scoring API that assesses the source and destination of funds; and various activity monitoring reports and due diligence tools that help financial institutions understand and mitigate risks associated with cryptocurrency transactions. Chainalysis serves a wide range of clients, including government agencies, banks, exchanges, and other financial institutions, providing them with the necessary tools to navigate the complexities of blockchain technology and ensure compliance with regulatory standards.

OffGridBox

Funding Round in 2017
OffGridBox is a company that specializes in delivering renewable energy and clean water solutions to remote areas and developing countries through its innovative OffGridBox™ system. This modular unit, housed within a compact 6x6x6 feet shipping container, is equipped with the necessary technology to generate electricity and purify water. OffGridBox aims to address the needs of over 2 billion people who lack access to reliable energy and clean water. Each unit can serve approximately 300 families, potentially impacting around 1,500 individuals, and is often managed by local cooperatives, such as women-led organizations in Rwanda. The company has successfully deployed 38 units across nine countries, including Italy, South Africa, Rwanda, Nigeria, the Philippines, Madagascar, the United States, and Colombia, serving various sectors such as humanitarian efforts, household retail, and industrial services. To date, these units have accumulated over 400,000 working hours, demonstrating their effectiveness and sustainability.

OffGridBox

Pre Seed Round in 2017
OffGridBox is a company that specializes in delivering renewable energy and clean water solutions to remote areas and developing countries through its innovative OffGridBox™ system. This modular unit, housed within a compact 6x6x6 feet shipping container, is equipped with the necessary technology to generate electricity and purify water. OffGridBox aims to address the needs of over 2 billion people who lack access to reliable energy and clean water. Each unit can serve approximately 300 families, potentially impacting around 1,500 individuals, and is often managed by local cooperatives, such as women-led organizations in Rwanda. The company has successfully deployed 38 units across nine countries, including Italy, South Africa, Rwanda, Nigeria, the Philippines, Madagascar, the United States, and Colombia, serving various sectors such as humanitarian efforts, household retail, and industrial services. To date, these units have accumulated over 400,000 working hours, demonstrating their effectiveness and sustainability.

Freshline

Pre Seed Round in 2017
Freshline is an eCommerce and fulfillment platform that focuses on connecting perishable food suppliers directly with consumers. Initially launched as a seafood marketplace called Coastline in 2016, the company facilitated connections between fish farms and high-end restaurants, leveraging the founders' extensive experience in the perishable food supply chain. After achieving approximately $4 million in annual revenue, Freshline pivoted its business model during the COVID-19 pandemic to address broader market needs. The platform aims to simplify the often complex food supply chains, allowing suppliers of all sizes to compete effectively in the digital marketplace. By enhancing accessibility to quality food ingredients, Freshline empowers sellers to increase sales, streamline operations, and save time, thereby fostering a more equitable food supply ecosystem.

Chainalysis

Seed Round in 2016
Chainalysis Inc. is a blockchain analysis company that specializes in anti-money laundering software tailored for cryptocurrency businesses. Founded in 2014 and headquartered in New York, with additional offices in Copenhagen, Tokyo, and Singapore, the company offers a suite of products designed to enhance compliance and security in the cryptocurrency space. Key offerings include REACTOR, an interactive investigation tool that identifies offenders and visualizes data; a transaction-based risk scoring API that assesses the source and destination of funds; and various activity monitoring reports and due diligence tools that help financial institutions understand and mitigate risks associated with cryptocurrency transactions. Chainalysis serves a wide range of clients, including government agencies, banks, exchanges, and other financial institutions, providing them with the necessary tools to navigate the complexities of blockchain technology and ensure compliance with regulatory standards.

Chainalysis

Seed Round in 2015
Chainalysis Inc. is a blockchain analysis company that specializes in anti-money laundering software tailored for cryptocurrency businesses. Founded in 2014 and headquartered in New York, with additional offices in Copenhagen, Tokyo, and Singapore, the company offers a suite of products designed to enhance compliance and security in the cryptocurrency space. Key offerings include REACTOR, an interactive investigation tool that identifies offenders and visualizes data; a transaction-based risk scoring API that assesses the source and destination of funds; and various activity monitoring reports and due diligence tools that help financial institutions understand and mitigate risks associated with cryptocurrency transactions. Chainalysis serves a wide range of clients, including government agencies, banks, exchanges, and other financial institutions, providing them with the necessary tools to navigate the complexities of blockchain technology and ensure compliance with regulatory standards.

CtrlWorks

Seed Round in 2015
CtrlWorks Pte Ltd. is a Singapore-based company established in 2011 that specializes in developing cloud-based robotics applications for both local and international markets. The company focuses on autonomous guidance and navigation systems, offering solutions such as Axon, which integrates seamlessly with existing platforms through its CloudNav infrastructure. CtrlWorks' technology allows for the transformation of any mobile platform into an intelligent robot, enabling more affordable and efficient robotic solutions. The company's systems are designed for custom material handling applications and can navigate autonomously without the need for additional hardware, utilizing advanced obstacle detection features. This innovative approach allows clients to manage and monitor their robotic systems effectively, enhancing operational efficiency.

IMRSV

Debt Financing in 2011
IMRSV is a technology company specializing in computer vision for real-time data analysis. The company's flagship product, Cara, transforms standard webcams into intelligent sensors that enable innovative interactions with physical objects and environments. Cara can anonymously analyze audience demographics, such as gender and age, as well as measure attention time and glances in real-world settings. This technology supports various applications, including adaptive advertising, retail analytics, and Internet of Things solutions. Headquartered in New York City, with additional offices in Singapore, IMRSV is privately funded by a range of investors.

IMRSV

Seed Round in 2011
IMRSV is a technology company specializing in computer vision for real-time data analysis. The company's flagship product, Cara, transforms standard webcams into intelligent sensors that enable innovative interactions with physical objects and environments. Cara can anonymously analyze audience demographics, such as gender and age, as well as measure attention time and glances in real-world settings. This technology supports various applications, including adaptive advertising, retail analytics, and Internet of Things solutions. Headquartered in New York City, with additional offices in Singapore, IMRSV is privately funded by a range of investors.
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