Weekly Refresh: Startup Accelerator Techstars Raises Big to Invest in Itself

Written by Sophie Kalt
Published on Aug. 05, 2019
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photo via techstars facebook

Techstars raised $42 million to invest in startups around the world. The accelerator, which has big names like ClassPass and DataRobot in its portfolio, is close to reaching $100 million in revenue. Headquartered in Boulder, Techstars will distribute the funds amongst their various programs, including Techstars Talent and Techstars Startup Ecosystem Development. [Built In Colorado]

Australia’s PointsBet to set up shop in Denver. PointsBet is an online bookmaker and chose Denver due to its tech talent and sports betting legislation. PointsBet plans to hire between 150 to 200 people in tech roles, according to the Denver Business Journal. [Denver Business Journal]

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