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

Mark Tortorella

Advisor

Nathanial Zola

MD

Past deals in Western Europe

Poliloop

Seed Round in 2020
Poliloop B.V., based in Rotterdam, the Netherlands, specializes in converting non-biodegradable petroleum-based plastics into biodegradable products. The company has developed a microbial cocktail capable of degrading various types of single-use plastics, including PET, PP, LDPE, HDPE, PS, CPE, and EVA. This innovative process can function under suboptimal conditions and has been tested on both individual and mixed plastics, including those contaminated with food debris. Poliloop's method not only addresses the pressing issue of plastic waste but also produces valuable end-products such as bioplastics and biogas, contributing to a more sustainable and circular economy. The degradation process begins within two days, with complete breakdown of the polymers occurring over approximately two months.

Courtsdesk

Seed Round in 2017
Courtdesk provides online database of court cases and reporting in Ireland. Enda Leahy founded it in 2015, with its headquarters in Dublin in Ireland.

Bidvine

Convertible Note in 2014
Bidvine Limited provides an online platform that connects customers with local service professionals to help accomplish event, health, home, learning, wellness, and other projects in the United Kingdom. The company was incorporated in 2014 and is based in London, United Kingdom.