David Tisch, the managing director of TechStars New York, is stepping away from his duties to pursue new projects. He will remain active with the accelerator program. His replacement has not been announced yet. Read more »
After similar launches in the UK and Ireland, mobile giant Telefónica is bringing its Wayra accelerator program to Germany later this year — with a six-month scheme for tech startups that comes with up to €50,000 in seed funding. Read more »
TechStars announced it has raised a new $24 million fund that will allow it to up the amount of money it provides each startup to $100,000. The money will be applied to all of TechStars classes in 2012 including Boston, Boulder, New York City and Seattle. Read more »
It’s not quite the $150,000 offered to Y Combinator companies, but DreamIt Ventures, a Philadelphia-based accelerator program, is dangling some cash of its own to its startups in an attempt to keep them nearby and ensure that it stays competitive. Read more »
