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Techcelerator company logo
Incubator/Accelerator
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Management & Strategy Consulting
techcelerator.ro

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Investments

61

Partners & Customers

1

About Techcelerator

Techcelerator aims to find creative, innovative, and prolific startups and enroll them in its acceleration program for tech products, to help them reach market fit through a dedicated pre-seed and/or seed investment round. The company has offices in Bucharest and Cluj Napoca, where the acceleration will happen throughout the year.

Headquarters Location

Parter, Strada Nicolae Filipescu 39-41

Bucharest, 020961,

Romania

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Latest Techcelerator News

Techcelerator and Google launch new edition of AI accelerator for SEE startups

Oct 27, 2022

27 October 2022 Techcelerator, the most active accelerator in Romania, and Google for Startups launched the third edition of Advancing AI, an acceleration program dedicated to startups from South East Europe (SEE) that develop products using artificial intelligence/machine learning technologies. The program's initial phase runs for three months, and applications are open here from October 26 to December 10, 2022. 12-15 companies will be selected based on two criteria: a solid team with complementary skills, consisting of at least two co-founders; and a globally scalable product/solution based on one of the following technologies: AI, ML (Machine Learning), Deep Learning, Big Data, Cloud, DevOps, Robotic Process Automation - RPA, Blockchain, Advanced Analytics. Advancing AI#3 includes two trackers: the MVP Acceleration dedicated to early-stage startups, and the Investment Readiness dedicated to companies that already have traction and want to prepare for pre-seed/seed funding rounds. All the companies included in the Advancing AI program will receive benefits worth over EUR 200,000 from Techcelerator partners, such as free Google Cloud access, Stripe credits, HubSpot accounts for startups, FreshWorks & Notion software products, and others. The top-performing teams could receive up to EUR 500,000 from GapMinder and the 70+ European VC investors in the Techcelerator community. Startups will have continuous access to learning, testing and scaling resources and expert mentors in the tech, product & business development fields. They will benefit from a customized product development program & individualized consultancy from experts based on the stage of product validation and the targeted go-to-market geographies & industries. "Artificial Intelligence drives the new digital economy. The net positive impact of AI on the GDP of major economies is to exceed 13.5% by 2030, according to PwC. For five years, Techcelerator has been supporting Romanian startups to develop their know-how and the ability to grow internationally. Starting in 2021, we have expanded our area of ​​interest to cover the entire SEE region," said Cristian Dascălu, Managing PartnerTechcelerator. "Together with our partners GapMinder, TechAngels and Google for Startups, we are very involved in supporting local AI activities. Our objective is to strengthen and continuously develop the ecosystem of AI startups so that they can develop innovative solutions and products and always be better prepared to attract valuable investments. That's why we have widened the addressability of this Advancing AI edition, which now targets both early-stage startups as well as more advanced companies." In turn, Dan Mihăescu, Founding Partner Gapminder, said: "GapMinder supports companies in the avangard of technology and the companies that develop solutions based on Artificial Intelligence are our primary targets. Starting this edition of Advancing AI, we are even more ambitious, and we are positive to invest EUR 1.5-2 million in the next rounds, going up to EUR 10 million as follow-on rounds." irina.marica@romania-insider.com

Techcelerator Investments

61 Investments

Techcelerator has made 61 investments. Their latest investment was in Synaptiq as part of their Seed on October 10, 2021.

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Techcelerator Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/20/2021

Seed

Synaptiq

$0.29M

Yes

1

10/26/2020

Incubator/Accelerator - II

RepsMate

Yes

1

10/26/2020

Incubator/Accelerator

GoTeleport

Yes

1

10/26/2020

Incubator/Accelerator

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10

10/26/2020

Incubator/Accelerator

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10

Date

10/20/2021

10/26/2020

10/26/2020

10/26/2020

10/26/2020

Round

Seed

Incubator/Accelerator - II

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Company

Synaptiq

RepsMate

GoTeleport

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Amount

$0.29M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

1

1

10

10

Techcelerator Partners & Customers

1 Partners and customers

Techcelerator has 1 strategic partners and customers. Techcelerator recently partnered with EIT Digital on July 7, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

7/10/2019

Partner

Belgium

EIT Digital expands its network, Techcelerator from Romania joins the EIT Digital Ecosystem // EIT Digital

Following a national selection , Techcelerator was elected to collaborate in Romania with EIT Digital - a leading European organization driving Europe 's digital transformation .

1

Date

7/10/2019

Type

Partner

Business Partner

Country

Belgium

News Snippet

EIT Digital expands its network, Techcelerator from Romania joins the EIT Digital Ecosystem // EIT Digital

Following a national selection , Techcelerator was elected to collaborate in Romania with EIT Digital - a leading European organization driving Europe 's digital transformation .

Sources

1

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