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.

Focus

Pre Seed Round Seed Round Artificial Intelligence Machine Learning Series A Show more

http://techstars.com/ventures

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https://twitter.com/techstars

https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=431767203

https://www.privateequityinternational.com/database/#/profile?id=14977

Ethan Austin

MD of the Techstars Western Union Accelerator

Mark Tortorella

Advisor

Nathanial Zola

MD

Past deals in Oil and Gas Refining

Falcon Technologies

Pre Seed Round in 2021

Falcon Technologies is an economic solution for reusing & recycling produced and flow back water at the wellsite.

Cnergreen

Pre Seed Round in 2021

Cnergreen is an enhanced oil recovery and CO2 storage efficiency via resilient nanoparticle-based foam technology.

Hyperion Global Energy

Pre Seed Round in 2021

Hyperion Global Energy is developing modular carbon capture & recycling technology at a breakthrough industrial scale.

Mobile Fluid Recovery

Pre Seed Round in 2020

Mobile Fluid Recovery utilizes patented technology to separate liquids from solids in industrial waste streams. It processes solvent wipes/rags, oil absorbents, and industrial sludges (i.e. machining swarf and grinding sludge). Its customers realize a minimum of 30-50% savings as compared to traditional disposal. In many cases, it converts waste material into a source of revenue. The company was founded in 2012 and is based in Seguin, Texas.

AlphaBBL

Pre Seed Round in 2020

Tradable Business Intelligence providing oil data analytics.

SeeO2 Energy

Seed Round in 2019

SeeO2 Energy is a company focused on efficiently converting carbon dioxide (CO2) into marketable and clean value-added fuels and chemicals using reversible fuel-cell technology. SeeO2 Energy is converting carbon dioxide into marketable and clean value-added fuels and chemicals using reversible fuel technology. Its electrolyzers can efficiently generate gases on-site such as hydrogen, carbon monoxide, or oxygen in a reliable way. The company is developing an efficient and high performance reversible solid oxide cells (RSOFCs). Its technology, which involves the use of a high-performance catalyst material, allows the electrochemical conversion of water to hydrogen, carbon dioxide (CO2) to carbon monoxide (CO), and CO2 and water to produce syngas, a mixture of CO and H2.

Twelve

Seed Round in 2019

Opus 12 captures carbon emissions where pollution is generated and turns the CO2 into chemicals like methane, ethylene, and ethanol. Their technology bolts onto any source of CO₂ emissions, and with only water and electricity as inputs, transforms that CO₂ into some of the world's most critical chemical products. The company plans to recycle CO2 emissions into liquid fuels and chemical precursors cost-competitively with petroleum-sourced products. It also develops a profitable solution to carbon emissions by recycling CO₂ into cost-competitive chemicals and fuels. It is based in Berkeley, California.

SafeEx

Pre Seed Round in 2018

SafeEx is an inspection and maintenance software for the oil and gas industry