2030 Finance | August 1, 2019

Techstars Sustainability startups tackle clean water, regenerative farming and supply chains

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, August 1 – Tech accelerator and investor Techstars picked 10 companies in the U.S. and Mexico to participate in its second three-month sustainability program held in partnership The Nature Conservancy.

Three of the ten startups focus on water resources, including Gybe, which uses remote sensing and satellite imagery to help with conservation and resource management. Four focus on agriculture, including Regen Network, which helps farmers transition to regenerative farming practices, and bext360 a blockchain-based platform for monitoring agricultural supply chains.

News of the latest cohort comes as Techstars secured $42 million in equity financing to expand its global footprint. SVB Financial Group and Foundry Group backed the round. Techstars currently hosts 49 programs in 16 countries and invests $80 million in startups annually.