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 Electronics

Small Packages

Funding Round in 2021
Help one progress on their relationship journey through physical expertly curates gifts as well as techonology tools.

Elektrik

Pre Seed Round in 2020
Elektrik is a website that helps users find cable part numbers, alternative brands of cable, and accessories that fit the cable. Elektrik's goal is to dramatically help distributors, contractors, engineers and manufacturers speed up the cable/accessory buying process. Elektrik is a team of industry experts and with their knowledge, Elektrik hopes to help everyone make it a simpler and more efficient way to find electrical supplies.

REZA

Pre Seed Round in 2020
REZA designs and manufactures electronic footwear by implementing new light technology. The company’s product keep users safe at night apart from being a shoe accessory. The company is based in the United States.

Creation Crate

Pre Seed Round in 2019
Creation Crate Inc. is a company that specializes in providing a subscription box aimed at children aged 12 and older, designed to foster learning in electronics and programming. Founded in 2016 and based in Scarborough, Canada, the company delivers monthly projects that include a pocket-sized computer, various electronic components, and an instruction booklet. Each box allows kids and parents to engage in hands-on experiences by assembling electronic products, thereby enhancing their understanding of science, technology, engineering, and mathematics (STEM). Additionally, Creation Crate offers a range of related products online, including buttons, wires, boards, stickers, audio devices, lights, sensors, displays, gift cards, and resistors.

Magnet

Pre Seed Round in 2014
Magnet to focus on an exciting new product.