Techstars
Techstars Central LLC, founded in 2006 and based in Boulder, Colorado, operates as a startup accelerator and venture capital firm focused on supporting early-stage technology-oriented companies. It specializes in a mentorship-driven accelerator program, selecting ten startups each summer to participate in a three-month incubation period, offering funding of $120,000 in exchange for equity. Techstars invests primarily in sectors such as fintech, artificial intelligence, blockchain, augmented reality, and IoT, while avoiding investments in medical devices, healthcare technology, and local service-oriented businesses. In addition to its primary accelerator, Techstars has various specialized programs, including those focused on music, retail, mobility, and social impact, with global reach extending to regions such as Africa, Asia, and Latin America. The firm prefers taking minority stakes, typically between six and ten percent, without seeking board representation or investor rights. Techstars has built a robust network of entrepreneurs, mentors, and corporate partners to foster innovation and growth within its portfolio, which includes over 1,000 companies with a significant collective market capitalization.
The meat procurement process for food businesses is highly unorganized with multiple suppliers, stock availability challenges, variation in quality and pricing and, lack of transparency. MeatoDoor is digitizing the meat ordering process by providing a one-stop solution ensuring quality standardization, transparency, and convenience in the procurement process. MeaoDoor is addressing the pain points of a $6.1 Bn GCC meat market that is growing annually @5.4% until 2030. With global health concerns, changing consumer expectations, and government regulations, it is the right time for organizing the multiple stakeholders in the supply chain to deliver quality and trust. MeatoDoor has created a reverse auction platform that offers instant quotes, access to promotions, competitive pricing bringing efficiency and reducing cost in meat procurement. The customers are owned by MeatoDoor as the orders are executed by in-house team.
StrategyConnect is a tech-enabled aggregator of specialized boutiques and experts offering standardized and repeatable services. The company empowers talent-hungry ME businesses to deliver mission-critical projects cost-effectively. It was founded in 2017 and based in Abu Dhabi, United Arab Emirates.
EduChain Inc. develops enterprise software tools for designing, issuing, and managing blockchain-enabled digital documents. The company was founded in 2016 and is based in Abu Dhabi, Dubai.