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Techstars London kicks off with 11 teams

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Startup accelerator Techstars has launched its 13-week London programme, with 11 teams from across Europe

From the final 11 companies selected for Techstars, five of the companies have a FinTech focus, two of the companies have a very strong social agenda, two Techstars mentors have returned as company founders, four of the companies have come from other accelerators and founders include a Private Equity director, game developer veterans and several serial entrepreneurs.

Having been accepted onto the Techstars accelerator, the 11 companies will now embark on a three-month programme, which will culminate with a Demo Day on September 27 in Tech City.

Startup Weekly: Venturespring launches new accelerator, InMotion Ventures partners with Techstars and more

The 11 Techstars teams have been selected from 1,302 applications from 72 countries.

The 11 startups for the inaugural Techstars class:

  • FeedPack –provides companies feedback about their products and services
  • Iptvbeat – Google Analytics for IPTV
  • Modabound – platform for college students to buy and sell clothing
  • Moni Technologies – mobile money transfers
  • OP3Nvoice – conversation management and intelligence
  • Osper – bank for young people
  • Paymins – micropayments for social networks
  • Peerby – borrow things locally
  • PlayCanvas – development platform for video games
  • QuanTemplate – platform for insurers to optimise their risk in real time
  • VetCloud – practice management system for veterinary surgeries

The entrepreneurs come from seven countries including Colombia, Holland, Ireland, Serbia, Slovenia, Spain, and the UK, who will take part in Techstars’ intensive 90-day, mentorship-driven programme.

Techstars London launched earlier this year when it merged with the Springboard Accelerator based in London and Cambridge. Techstars recently announced its permanent home at Warner Yard, which will provide all the Techstars London participants at least six months’ worth of office space at the heart of Tech City. We took a look around and filmed the Week in Tech earlier last month.

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