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 Oil and Gas Exploration

RZX Tecnologia

Seed Round in 2022
RZX Tecnologia focuses its activities on developing solutions that improve the safety and efficiency of drilling operations, replacing some outdated technological equipment and techniques that are still present in this segment.

RZX Tecnologia

Pre Seed Round in 2021
RZX Tecnologia focuses its activities on developing solutions that improve the safety and efficiency of drilling operations, replacing some outdated technological equipment and techniques that are still present in this segment.

AlphaBBL

Pre Seed Round in 2020
Tradable Business Intelligence providing oil data analytics.

SafeEx

Pre Seed Round in 2018
SafeEx is an inspection and maintenance software for the oil and gas industry