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 Mining

Geolumina

Pre Seed Round in 2021
Geolumina is an Intuitive AI with geologic insight.

Phoenix Tailings

Pre Seed Round in 2020
Phoenix Tailings Inc. is a Massachusetts-based company that focuses on the recycling and re-mining of mining tailings and hazardous by-products, such as Bauxite Residue, to produce essential metal products. Founded in 2019, the company aims to extract strategic materials critical to various industries, including aerospace, defense, automotive, biotechnology, and electronics. By treating mining and refining waste as new ore, Phoenix Tailings provides an innovative solution to eliminate hazardous environmental waste while creating primary metals sustainably and economically. This approach not only addresses the demand for metals in multiple sectors but also promotes environmentally friendly practices by offering carbon-free alternatives.

Terrapin Geothermics

Seed Round in 2019
Terrapin specializes exclusively in finding and utilizing heat to drive profitability. In an era of volatile commodity prices, punitive carbon taxes and economic pressures on all sides, Terrapin deploys technology and expertise to turn heat into value for our clients and partners. The company does this by mapping available waste heat, matching that with optimal cutting edge technology and building strong financial models to make for slam-dunk investment decisions.