Techstars, the organisation that runs accelerators, funding and mentorship to start-ups, is to run a blockchain focused programme in Dublin.
According to a report in the Irish Times, the accelerator will run from March 2022, working with entrepreneurs to build blockchain technology and tokenisation protocols. It will be a collaboration with Alphabit Fund, the regulated cryptocurrency and digital asset investment fund, and Launchpool, a regulatory-compliant investment platform.
“The strong growth of the Irish start-up ecosystem in recent years alongside the long-standing presence of the leading global tech firms in Ireland make Dublin an attractive talent hub for Techstars,” said Maëlle Gavet, chief executive, Techstars.
Techstars, the Times reports, has invested almost $16 billion globally in 2,600 companies, who in turn have raised more than $50 billion. Among those who have taken part in its various programmes are 15 tech unicorns, including Zipline and Remitly, which was recently valued at $8.5 billion after going public.
The accelerator is increasingly focused on Europe, says the report, with plans to invest in about 100 companies there next year.