TechStars

Pornhub says, ‘Bad Texas! No smut for you!’

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Pornhub has been playing a game of chicke

Musk’s Grok goes open source and Reddit updates its IPO filing

Today we took a look at Reddit's new IPO filing, the potential impact of Grok being open sourced, and why Bobby Kotick wants to buy TikTok.

Techstars’ $80M partnership with J.P. Morgan is on the rocks, employees say

The fate of the Advancing Cities programs — and some of the around 20 people who work at Techstars in this program — is up in the air.

Leaked documents show Techstars lost $7 million in 2023 but still had plenty of cash

Cuts to Techstars’ staff and its decision to shutter certain accelerators came after it missed its 2023 revenue goals, according to documents outlining its preliminary 2023 results viewed by TechCru

As Techstars retools, some former staffers say it lost focus on what made it successful

Well-known accelerator group Techstars announced a slew of changes to its operations this week, including the shuttering of some of its city-based programs.  Criticism from former members of its d

Techstars CEO defends changes, says physical presence in a city is not necessary for investment

Earlier this week, accelerator group Techstars announced changes to its operations. But what was planned internally to be an exciting new chapter for the organization ended up being somewhat of a PR n

Techstars-backed Nigerian edtech Klas raises $1M for global scaling of online teaching platform

Nigerian online teaching platform Klas has raised $1 million in pre-seed funding led by Ingressive Capital, with participation from Techstars, HoaQ, and several angel investors. Founded in 2022 by Nat

Is the Texas boom town of Austin losing its luster?

Texas has been historically known for its oil booms. Today the state is perhaps better known as a magnet for tech companies and tech talent, especially in its capital city of Austin. But with some sta

Techstars selects 12 companies for its fall space accelerator

Techstars has chosen 12 companies to join its aerospace accelerator, a 13-week program which runs in partnership with the U.S. Space Force and NASA’s Jet Propulsion Laboratory. The new cohort includ

8 VCs say they are still bullish on SAFE rounds, but it’s not 2021 anymore

SAFE rounds, or simple agreements for future equity, have been around since Y Combinator invented them a decade ago. But they took on a different role in 2021 when they became a fast-moving tool that

Techstars raising $150 million for new accelerator fund

The accelerator is seeking new capital ahead of the end of the deployment period of its third institutionally-backed fund, Techstars Accelerator 2021, late this year.

What if Scandinavian startups don’t need Y Combinator?

If you add up the fact that rival accelerators 500 Startups and Techstars have given up on their Stockholm programs, a pattern starts to emerge.

A look at Sweden’s startup scene as Techstars drops Stockholm program

Techstars’ decided to end its Swedish accelerator program. Let's dig into the country’s startup scene to understand how the smaller venture market is adapting to a changed investing climate.

Rising interest rates are putting VCs back in their lanes

Perhaps most of the move to multistage venture was simply predicated on interest rates being zero for so long.

VC Kerty Levy discusses the Northeast seed market

Information is power, especially when you’re just beginning your startup journey. Whether you’re in the idea stage or building on the friends-and-family plan or preparing to pitch investors, it’

Brex is acting more and more like a venture capitalist over time

Brex has been steadily increasing its partnerships with startup aggregators over time, such as Y Combinator and AngelList. Today, as per its latest announcement, it inked a new deal with Techstars. Br

6 reasons why you shouldn’t join an accelerator

The best badge of honor is creating a great startup, solving an important problem, having delighted customers, making revenue and scaling.

Techstars unveils sustainability-focused acceleration program in Paris

Techstars, a network of startup accelerators and an investment company, is launching a new accelerator in Paris called Techstars Sustainability Paris. This isn’t the first time that Techstars is run

Why this Californian founder moved to Minneapolis to build a B2B fintech

Minneapolis-based Branch was founded in 2015, and it’s now one of the fastest-growing companies in the Midwest. Its founder, Atif Siddiqi, is a Southern California transplant who first relocated to

Y Combinator alumni raise $80 million for DAO to back crypto startups

Groups of people seeking to invest together have been turning to the crypto-native DAO (decentralized autonomous organization) structure for a collective decision-making framework. While an investment
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