Techstars Transformative World Turin: from smart cities to technologies for an evolving world
Applications for the 2024 edition start again and the program becomes Transformative World
Applications for the next edition of the now historic program will be open until November 29th, which from this year expands its horizons and becomes Techstars Transformative World Turin.
This evolution allows to invest in and support companies that are not only shaping the future of mobility and urban living but also those that are creating a lasting change in the world of tomorrow
The program, which confirms the partners of previous editions and which will start in February 2024, seeks applications in the following verticals:
Decarbonization/Net Zero/Circular Economy, Health & Safety, AI Technologies & Advanced Computing, Digital Asset Creator Communities, Exponential Intelligence or AI 2.0, Quantum Computing, Cyber Security, Ambient Experience, Hyperautomation.
Demo Day 2023 - A great success with the public
The final Demo Day of the 2023 edition of the Torino Cities of the Future Techstars Accelerator program took place with great success in the main hall of the OGR in Turin on May 11th 2023, in front of an audience of over 400 people. This year, 10 startups from all over the world were selected out of a total of 326 applications: Empethy, Heloola, Pack, Tutornow and Wibo from Italy, Intuitivo and Preflet from Portugal, Automatika Robotics from France, Sirius from the Netherlands and Sorair from the UK. During the acceleration period, startups worked hard to develop their innovative technologies covering different areas of the Smart City, including mobility, decarbonization, energy efficiency, EdTech, social responsibility and individual well-being.
Torino Cities of the Future Techstars Accelerator represents an important opportunity for startup growth and innovative technology matching. Thanks to this program, many innovative realities have been brought to Turin over the years, about 60 of which have also started collaborations with the municipality and local businesses. The profuse commitment has brought immediate benefits, including the establishment of 6 startups in Italy and the creation of about 500 new jobs in the last 4 years. The acceleration program, launched in 2020, has contributed significantly to the growth of the innovation ecosystem not only in Turin, but also at a national level, thanks to the positive synergies with the three corporate partners Intesa Sanpaolo Innovation Center, Fondazione Compagnia di San Paolo and Fondazione CRT.
10 startups from all over Europe for the 2023 edition
The class of the 2023 edition of Torino Cities of the Future Techstars Accelerator started on 13 February, made up of 11 startups selected from 326 applications from all over Europe.
The innovative technologies belong to different verticals, in line with the expansion of the program to sectors no longer closely related to Smart Mobility.
This year we therefore find startups in the supply chain sector, such as the Dutch Sirius and the English Sorair, startups that offer solutions in the HR field, such as Wibo and Pak, both Italian, companies in the ed-tech field, such as Italian Tutornow and Portuguese Intuitivo. Two startups with proposals more related to Smart Mobility also entered the class: the French Automatika Robotics.
Then there are Heloola, an Italian company that deals with digital media, Emphety, a startup in the social responsibility sector and finally Preflet, a Portuguese company in the energy sector.
A quarter full of activities opens for startups, as usual at the OGR in Turin, which will culminate in the Demoday scheduled for May.
The fourth edition of the program features the highest number of Italian companies ever, with eight female founders.
According to data from the Italian Association of Private Equity and Venture Capital (AIFI), the Italian Venture Capital industry recorded a record year in 2022, with invested capital exceeding €1.8 billion: a 48% increase compared to the previous year. This growth can be attributed to the growing number of startups being founded in the country, as well as the growing interest from international investors.
The accelerator has been contributing for 3 years to the growth of the Turin and national innovation ecosystem, thanks also to the positive synergies with the partners Intesa Sanpaolo Innovation Center, Fondazione CRT and Fondazione Compagnia di San Paolo.
Since 2020, Techstars has received over 1300 applications and has accelerated 36 startups. The capital raised by the startups exceeded $70 million and further rounds for some startups are currently under negotiation. We also recall that, due to its now recognized local roots, the accelerator has favored the development of 37 collaborations with Italian stakeholders, has promoted the establishment of 4 startups in the area and, thanks to the growth of the innovative realities that have participated in the program , there have been over 300 new resources hired.
The fourth call4startup has started
Until 2 November 2022 it will be possible to apply for the new edition of Turin - Cities of the Future Techstars Accelerator, the program dedicated to the Smart City, now consolidated for Turin and its territory. Also this year innovative technologies are sought at an international level, which will be selected at the beginning of 2023. The start of the new class is scheduled for next February at the Turin OGR. All partners have been confirmed for the new edition: Intesa Sanpaolo Innovation Center, Compagnia di San Paolo and Fondazione CRT, always in collaboration with Techstars. An effective synergy that has been able in these very difficult years, now further complicated by the conflict and the energy crisis, to create interesting development prospects for the Turin ecosystem and attract startups from all over the world.
DEMO DAY 2022: the closing event of the third edition with record-breaking attendance
The closing event of the third edition of Torino – Cities of the Future Accelerator took place on 21st April. The initiative was promoted by Intesa Sanpaolo Innovation Center, Compagnia di San Paolo and Fondazione CRT together with the American Techstars accelerator. The Demo Day brought many guests to the OGR and and many connected remotely, to follow the final arena of the Torino – Cities of the future accelerator program.
An edition with innovative technologies from all over Europe
The third edition involved a class made up of 12 predominantly European high potential startups on the acceleration track. There were three Italian companies chosen, all based in Torino, as further confirmation of its lively local ecosystem: Family+Happy, which has come up with a made to measure service for selecting certified babysitters; Strategic BIM, which proposes the digital and remote management of large buildings and Gymnasio, which has developed a technology for home fitness.
Taking part together with the Italian contenders were the Swiss Hive Power and the French Voltaage, both with Italian teams, the Ukrainian teams Inputsoft and Lawyerd!, the startups form UK Optimiz and Xworks Tech, Natix from Germany, NRGI.ai from Romania, the Hungarian Volteum, working in the energy, air transport, mobility and copyright management sectors.
From Smart Mobility to Smart City: an evolving program in a changing city.
Since 2020, the accelerator, in presence again at last and hosted in the OGR, kicked off in January 2022. Torino affirms itself as a city at the center of an ecosystem now internationally recognized as attractive for emerging technologies. Since 2020, the accelerator has brought 35 startups operating in the Smart Mobility sector form all over the world to Torino, so far raising over 50 million dollars in investments and getting more than 30 testing phases underway in Italy., with an overall growth of the staff of over 300 collaborators. In addition, 3 startups have established themselves on the national territory: one based in the USA and Turin, one in Germany and Milan and the last in Naples and Turin. Since 2022 the program has widened its scope, embracing Smart City and including fields such as Smart City and including fields such as Industry 4.0, Agritech, Digital Health, Cultural Heritage, Energy and Sustainability.
There are several reasons for this widening, coherent with the evolutionary trends which are sweeping through our cities. In fact, according to the United Nations, by 2050 68% of the world’s population will live in urban areas: therefore these will have to find new solutions for traffic, housing, energy resources, infrastructure and quality of life. Overpopulation and the climate emergency are forcing us to transform our cities into more livable, sustainable and inclusive environments.