Techstars raises $42 million from SVB and Foundry Group to accelerate its growth in Europe and beyond

Techstars, the worldwide network of startup accelerators and mentoring programs for entrepreneurs, has raised $42 million in a financing round led by SVB Financial Group, the holding company of Silicon Valley Bank, with additional participation from existing investors including Foundry Group. The capital will be used to accelerate Techstars’ growth in the areas of seed-stage […]

Techstars brings an accelerator programme and several events to Turin

The US-founded accelerator and entrepreneur network Techstars has announced a slew of events and programming in Turin, Italy, along with a partnership with Turinese foundations Compagnia Di San Paolo and Fondazione CRT, as well as Italy’s largest bank, Intesa Sanpaolo. Later this month, Techstars will hold the four-day Startup Week Torino, a free event for […]

British machine learning deployment startup Seldon secures £2.7 million from Amadeus Capital Partners

London-based machine learning (ML) deployment launchpad Seldon has landed a £2.7 million funding round led by Amadeus Capital Partners alongside Global Brain Corporation, Techstars, and other existing investors. The startup has created Seldon Core, an open-source ML deployment platform that supposedly makes it easier to manage and optimise ML models at scale, which had more […]

Seed The Future: A free report on early-stage tech startups in Europe

We’re thrilled to announce our latest report, developed in close partnership with Stripe and Techstars and launched today on the main stage at the Web Summit in Lisbon. It’s a doozy. It’s the first time anyone has ever undertaken research on early-stage technology startup activity on such a scale, this extensively. We dug deep, is […]

Portugal’s Sensei raises €500,000 to digitise brick-and-mortar stores

Portuguese retail tech startup Sensei has secured €500,000 in pre-seed funding from German retail giant Metro and Portugal’s Sonae with participation from Techstars and angel investors. Founded last year, Sensei develops AI-powered algorithms for cameras gathering and analysing data on people and product performance in stores. It’s chiefly aimed at the retail sector. “Our mission […]

Splitty raises $2.4 million for its hotel search platform

Travel tech startup Splitty has raised a seed round of $2.4 million from Techstars Ventures, Techstars Accelerator, AOL, and BIP Capital. Israel-based Splitty aggregates different rates from various travel wholesalers and online travel agencies. “Too many sites claim better prices but then deliver the exact same options as every other site and only marginal savings,” […]