#AI Technology #Techstars Tokyo #Blueconomy AI

Techstars Tokyo 2023: Nurturing Global Startups

Tokyo has taken a significant leap in nurturing its startup ecosystem with the announcement of the second cohort for the Techstars Tokyo accelerator program. With a mission to support global startups, this initiative is backed by the Japan External Trade Organization (JETRO) and other governmental bodies, focusing on empowering innovative minds to take their ideas to the next level.

Techstars Tokyo is renowned for its expertise in transforming nascent companies into industry leaders and has a proven track record of nurturing unicorns. The latest program has selected 12 promising startups, each aiming to make a mark on the global stage. The acceleration program officially commenced on August 18 and is set to drive significant growth for the selected companies.

The Selected Startups

1. Blueconomy AI
- Business Focus: Developing an intelligent decision-making layer to enhance global port operations
- Website: blueconomy.ai

2. Boxtree
- Business Focus: Creating endlessly fun multiplayer games for the era of spatial computing
- Website: boxtree.gg

3. Cascade
- Business Focus: An intuitive analytics platform where AI agents convert insights into actions
- Website: cascaded.ai

4. Contera AI
- Business Focus: Automatically converting corporate and market data into profitable advertising and SEO
- Website: contera.ai

5. DLeader
- Business Focus: AI agents facilitating faster and smarter drug discovery for all researchers
- Website: dleader.co.jp

6. O-ID
- Business Focus: Building a fully modular humanoid robot designed for specialized environments
- Website: o-id.net

7. Overwatch
- Business Focus: The first AI-native manual and content reader designed for frontline environments
- Website: overwatch-ai.com

8. Plexis AI
- Business Focus: Adaptive AI agents as clinical infrastructure to immediately reduce 40% of administrative waste
- Website: plexis.ai

9. SoranoAI
- Business Focus: Providing no-code AI agents for weather intelligence in energy, agriculture, and logistics
- Website: sorano.co

10. Tokoshie
- Business Focus: A quick and cost-effective 3D printing platform that modularizes ideas without specialized knowledge
- Website: tokoshie3d.xyz

11. Trissino
- Business Focus: An AI tool for competitive intelligence that enhances B2B team closing rates
- Website: hiresteve.ai

12. Vibtree
- Business Focus: A voice AI agent platform supporting communication for sales and customer service
- Website: oneinbox.ai

About Techstars

Founded in 2006, Techstars is one of the world’s largest pre-seed investors, with a presence in about 30 cities globally. The firm has supported over 5,000 companies and fostered 22 unicorns, boasting a total market capitalization of approximately $150 billion. The Tokyo branch stands out as the only Techstars accelerator in Asia, emphasizing its dedication to empowering startups on a global scale.

The program stands out because it aims to provide equity investments, offering $120,000 per participating startup. In addition, international entrepreneurs are brought to Japan to share practical lectures and mentoring, fostering a rich learning environment for each startup.

Through collaborative efforts with JETRO, the Cabinet Office, and the Ministry of Economy, Trade, and Industry, this program not only initiates startups into the global market but also aligns with Japan's vision to cultivate world-leading startups under the