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 Textiles

Inspectorio

Series B in 2022
Inspectorio Limited operates a mobile platform designed to guide inspectors through the quality inspection process, primarily focusing on textile and clothing factories in Asia. Founded in 2010 and based in Hong Kong, Inspectorio offers a Software as a Service (SaaS) platform that enhances supply chain collaboration, visibility, and predictive intelligence for brands, retailers, and their suppliers. By digitizing traditional manual and paper-based processes, Inspectorio enables real-time sharing of performance data among all participants in the production chain, facilitating immediate corrective actions. The platform employs machine learning algorithms to predict potential issues and recommend solutions based on historical patterns. As Inspectorio continues to expand its network of production ecosystems, it aims to become the standard for production chain digitization and collaboration, fostering increased participation from production partners.

HILOS

Pre Seed Round in 2021
Putting each of us at the center of what we wear by pioneering on-demand custom manufacturing in footwear and apparel.

Gelatex Technologies

Pre Seed Round in 2019
Gelatex Technologies is a Techstars-backed materials technology company that invented the fastest technology for producing bio-based nanofibers on a large scale. It is a platform technology that enables faster and up to 100 cheaper nanofiber production for applications like 3D scaffolds for tissue engineering, cultured meat, bio-based filters, eco-friendly leather-like textile, energy storage, wound care, and many more. The technology is patent-pending and the machinery fully functional. The company was founded in 2016 and until COVID-19 pandemic developed eco-friendly leather-like textile from gelatin nanofibers, using this nanofiber production technology as part of the process. COVID-19 was a trigger to understand the wider potential of the technology which then led to pivot. The company is based in Estonia and holding incorporated in UK (2019).

Inspectorio

Series A in 2018
Inspectorio Limited operates a mobile platform designed to guide inspectors through the quality inspection process, primarily focusing on textile and clothing factories in Asia. Founded in 2010 and based in Hong Kong, Inspectorio offers a Software as a Service (SaaS) platform that enhances supply chain collaboration, visibility, and predictive intelligence for brands, retailers, and their suppliers. By digitizing traditional manual and paper-based processes, Inspectorio enables real-time sharing of performance data among all participants in the production chain, facilitating immediate corrective actions. The platform employs machine learning algorithms to predict potential issues and recommend solutions based on historical patterns. As Inspectorio continues to expand its network of production ecosystems, it aims to become the standard for production chain digitization and collaboration, fostering increased participation from production partners.

Inspectorio

Seed Round in 2016
Inspectorio Limited operates a mobile platform designed to guide inspectors through the quality inspection process, primarily focusing on textile and clothing factories in Asia. Founded in 2010 and based in Hong Kong, Inspectorio offers a Software as a Service (SaaS) platform that enhances supply chain collaboration, visibility, and predictive intelligence for brands, retailers, and their suppliers. By digitizing traditional manual and paper-based processes, Inspectorio enables real-time sharing of performance data among all participants in the production chain, facilitating immediate corrective actions. The platform employs machine learning algorithms to predict potential issues and recommend solutions based on historical patterns. As Inspectorio continues to expand its network of production ecosystems, it aims to become the standard for production chain digitization and collaboration, fostering increased participation from production partners.