Taking off again a landmark program for startups in Turin: the 2024 cohort of Techstars Transformative World Torino will work until May on innovative solutions in the field of Smart Mobility and City of the Future. Following the success of past cohort participants, who raised a total of more than $90 million in funding, Techstars has decided to expand the scope into diverse areas including Quantum Computing, Maritime, Deep Tech, EdTech, AI, PropTech, Mobility, AudioTech, Future of Work and Hospitality. In this year's cohort they selected both software and hardware companies, demonstrating the program's commitment to fostering innovation in various technology areas.
Notably, this year's cohort boasts the highest participation of Italian companies ever, with six local companies among the startups that will gather in Turin. This achievement underscores the growing entrepreneurial landscape in Italy and confirms the position of the Turin ecosystem as a center of technological innovation. This year's participants come from Italy, Germany, Hungary, Austria and Vietnam and will settle at OGR Torino for the next 13 weeks.
Over the past year, alumni companies have raised $38 million in funding, and Techstars has successfully completed one exit, with another in the pipeline. The accelerator has also expanded its team with the addition of Sheila Simon as Program Manager and Virginia Pigato as Investment Analyst to provide unprecedented support to founders during and beyond the accelerator journey.
Also new this year is a partnership with LIFTT, a major venture capital fund that gives support to companies and startups in Turin and around the world, and Arcanys Ventures, an experienced technology investor, to provide founders with valuable expertise and resources. Techstars has also partnered with Hyrise, a German sales academy, to strengthen the sales capabilities of portfolio companies, a unique and innovative offering for founders in the accelerator landscape. The partners of Techstars Transformative World Torino are Fondazione Compagnia di San Paolo, Fondazione CRT and Intesa Sanpaolo Innovation Center.
Startups in Turin for Techstars Transformative World
- G2Q Computing (Milan, Italy): advanced hybrid quantum software for solving complex real-world problems.
- Impact AI (Wien, Austria): modular platform with no-code tools that can directly evaluate the performance and business impact of developed LLM-based applications.
- SylloTips (Rome, Italy): an all-in-one knowledge-sharing platform that leverages artificial intelligence to optimize and improve companies' knowledge and internal processes.
- Shion (Wien, Austria): active echo and noise cancellation system with specially designed hardware for noise reduction.
- Plain (Warsaw, Poland): interior design solution that provides everything needed to set up a space - floor plan, furniture selection and implementation support.
- Nubo (Milan, Italy): shaping the future of workspaces through a diffuse network that takes advantage of underutilized urban spaces.
- Bestie Bite (Rome, Italy): redefining restaurant discovery and reviews through a peer-to-peer community.
- Trainizi (Ho Chi Minh City, Vietnam): microlearning platform that trains, engages and retains non-sedentary workers.
- Reviway (Reggio Emilia, Italy): addresses the problem of deteriorating road surfaces with computer vision and a fully automated vehicle.
- Intuos (L’Aquila, Italy): service platform that combines vertical software, IoT devices and AI-based data models to increase the efficiency of operational processes, aircraft monitoring and flight safety.
- Vision Anchor (Ljubljana, Slovenia): world's first smart anchor system that tracks the anchor and sends a data stream to the boat.
- Volo (Budapest, Hungary): educational platform that helps students absorb large volumes of information quickly by creating the fastest and easiest way to make digital flashcards.
