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.

Ethan Austin

MD of the Techstars Western Union Accelerator

Max Kelly

Managing Director of Techstars London

Lesa Mitchell

Managing Director

Vijay Tirathrai

Managing Director

Mark Tortorella

Advisor

Nathanial Zola

MD

Past deals in Norway

Norsjór

Pre Seed Round in 2023
Norsjór develops a system that uses radiation to protect marine life in order to address the issue of biofouling on ship hulls. In order to prevent the spread of invasive species, poisons, microplastics, and heavy metals, it developed a subsea laser system that kills the cells of biofouling organisms while providing maximum effectiveness.

SurplusMap

Pre Seed Round in 2022
SurplusMap engages with municipalities, energy companies, and emerging industries to find ideal co-location opportunities and attract green investments. They provide a communication platform with a digital process. They offer green hydrogen, data centers, energy-intensive industries, and the location of microgrids.

Dimeq

Pre Seed Round in 2021
Dimeq is a technology company offering a new era of digital health, safety, and environment (HSE) solutions and advanced real-time monitoring technology for the Maritime sector.

Ocean Access

Pre Seed Round in 2021
Ocean Access is a Norwegian startup addressing the increasing need for remote ocean monitoring across different industries.

AnsuR Technologies AS

Funding Round in 2020
AnsuR, based in Norway & Spain, provides software for mission-critical satellite communication of multimedia content, reducing bandwidth by 99% and increasing efficiency by 100 times.

Vake

Pre Seed Round in 2020
Vake applies intelligence to satellite images to fingerprint all vessel traffic at sea, with the vision to perform this globally in real-time.

Think Outside

Pre Seed Round in 2020
Think Outside AS manufactures real time radar avalanche remote sensing equipment for skies. Its flagship product Sknow, reads the snow layers directly under skis in real-time. The company was founded in 2017 and is headquartered in Bergen, Norway.

VesselAdmin

Seed Round in 2019
VesselAdmin is a Norwegian technology company that aims to accelerate the green shift in ocean mobility. VesselAdmin is a digital chartering solution that integrates a procurement system with a global, real-time marketplace. The company offers a fully integrated, digital chartering solution that enables instant, friction-free and automated connections between charterers and vessel owners. Through a transparent, compliant and fair chartering process, vesselAdmin ensures that customers get the right vessel, at the right place, at the right time.

RagnaRock Geo

Seed Round in 2019
RagnaRock Geo is a Norwegian tech company on a mission to assist geophysicists in enhancing their work with data-driven decisions. RagnaRock Geo develops an AI software that interprets seismic data. The software enhances the understanding and accelerates the workflow of the geophysicist. RagnaRock Geo´s AI algorithm assists geophysicists in interpreting seismic data. Stratigraphy, horizons and faults of large datasets can be returned within minutes.

Fieldmade

Seed Round in 2019
Fieldmade develops, produces, and sells world leading and fully integrated Additive Manufacturing (AM) solutions for deployed military use. The company creates innovative solutions to complex problems based on cutting edge AM technology and software solutions. Fieldmade works closely with industry-leading partners to deliver optimal and functional products that meet customer needs.

Versor

Pre Seed Round in 2018
Versor AS, founded in 2016 and based in Oslo, Norway, specializes in developing onboard software for autonomous drone flight in both indoor and outdoor environments. The company focuses on delivering the necessary technology for complete automation of industrial drone operations, which involves overcoming challenges related to localization, particularly in GPS-denied areas. By eliminating the need for human pilots, Versor enables remote supervision of entire fleets of drones, facilitating scalable and efficient operations across various applications within the energy sector.

Versor

Angel Round in 2018
Versor AS, founded in 2016 and based in Oslo, Norway, specializes in developing onboard software for autonomous drone flight in both indoor and outdoor environments. The company focuses on delivering the necessary technology for complete automation of industrial drone operations, which involves overcoming challenges related to localization, particularly in GPS-denied areas. By eliminating the need for human pilots, Versor enables remote supervision of entire fleets of drones, facilitating scalable and efficient operations across various applications within the energy sector.