Techstars Future of Food

Program Type: In-person
Location: Minneapolis, Minnesota
Investment: $220,000
Equity Taken: 5% of the company in common stock plus the future value of the $200,000 uncapped MFN Safe
Program Duration: 13 weeks

Industry of Focus

• Foodtech
• Sustainability

Key Highlights

Program Overview

Partnered with Ecolab, the Techstars Future of Food program aims to accelerate startups innovating how we feed a growing population safely and sustainably. The program is located in Minneapolis, Minnesota, and is designed to support foodtech and sustainability-focused startups.

Investment Details

The program offers a $220,000 investment, which includes $200,000 through an uncapped MFN Safe and $20,000 through a Post-Money Convertible Equity Agreement (CEA). Techstars receives 5% equity in common stock plus the future value of the $200,000 uncapped MFN Safe.

Benefits Details and Perks/Credits

• Funding and fundraising opportunities
• Workshops and curated resources
• Access to a world-class network of investors, partners, mentors, and alumni
• Mentorship from experienced professionals

Program Format

The program runs for three months and includes:

• Mentor Madness: Meeting around 100 mentors
• Execution phase: Working with lead mentors to gain traction and hit milestones
• Fundraising Strategy & Demo Day: Refining pitches and preparing investor collateral
• Weekly one-on-ones with managing directors and all-hands KPI meetings
• Office hours with guest mentors and investors
• Workshops and masterclasses
• Intensive pitch practice

Location or Relocation Requirements

The program is held in person in Minneapolis, Minnesota.

Cohort Size and Program Frequency

The program announces 12 startups per cohort.

Post-Program Engagement

Mentors often continue to work with companies after the program ends.

Company Types Requirements

The program focuses on startups innovating in foodtech and sustainability.

Founding Team Preferences

Techstars emphasizes the importance of a strong team, highlighting the need for founders who can overcome obstacles and work well together.

Partnered with Ecolab, the Techstars Future of Food program looks to accelerate startups innovating how we feed a growing population safely and sustainably.
today to start the conversation!
Today, Techstars is introducing an improved accelerator investment offer for companies accepted into our future accelerator programs. This improved offer of a $220,000* investment comes with all the benefits of our 3-month mentorship-driven accelerator program, valuable perks from our partners, and access to our world-class network of investors, partners, mentors, and alumni.

The $220,000 offer is made up of two components, including $200,000 through an uncapped MFN Safe and $20,000 through a Post-Money Convertible Equity Agreement (CEA). The total equity Techstars receives will be 5% of the company in common stock plus the future value of the $200,000 uncapped MFN Safe. For example, if your next round is valued at $20M pre-money, the $200,000 MFN Safe would then convert into 1% additional ownership at that time.

Our new offer gives founders more capital, better alignment, and a simpler and more easily comparable structure, enabling them to arrive at their next funding round with greater momentum.
Techstars accelerators have one goal: to help founders succeed. During each three-month program, we surround companies with the best mentors and an unrivaled network of corporate partners, investors, and alumni. We provide funding and fundraising opportunities, workshops and curated resources, not to mention countless moments where you can learn from your peers. It’s a proven model that’s helped build thousands of successful companies, all over the world.