Techstars is a global startup accelerator that helps entrepreneurs succeed. It lets founders connect with experts, entrepreneurs, investors, mentors, community leaders, corporations and alumni grow their companies.
Raises €38M investment
Just now, Techstarts has received $42 million (nearly €72 million) investment from SVB Financial Group, the holding company of Silicon Valley Bank along with participation from Foundry Group. The startup accelerator is planning to double its international growth with the latest investment.
Growth plans
The fresh investment will be used to grow Techstars Studio, which helps build and launch its own companies, Techstars Ecosystem Development, which helps communities grow startup economies and Techstars Talent, where startup roles are listed.
Will help more entrepreneurs
This latest round of funding will help accelerate the growth of Techstars so that it can help more entrepreneurs succeed through global startup ecosystem activations, seed-stage accelerators, entrepreneur-focused events and corporate innovation.