Out of about 600 applications, TechStars Seattle, the number one startup accelerator in the world, recently chose 10 startups from all over the world to be a part in this year’s class of the technology incubator.
This is actually quite a privilege, because TechStars is known for having an incredibly low acceptance rate.
Each of the 10 teams will receive approximately $118K in seed funding and an optional $100K convertible debt note) as part of the three-month accelerating program, running from August 6th to November 8th, 2012.
This year’s class consists of two international companies, four Seattle-based companies, and six companies who relocated to Seattle from across the country.
To the latter, it is with great honor that we are proud to report, belongs a startup that we claim our own here in Chile (via the UK) Maptia.
Maptia – See the world
Originally from the UK, Maptia’s vision is to be the “most inspirational map in the world”. They were recently rooted in Chile as part of the Chilean government sponsored program, Start Up Chile.
The team of Maptia, consisting of 4 enthusiastic and hard-working youngsters from the UK, is extremely excited about being a part of this year’s TechStars class in order to finally make their dream of Maptia come true.
At TechStars, they will be working on many exciting updates and as of now (prior to disruption mode on), states that in the future, you will be able to tell your story on this inspirational map and share it with your followers. They, in return, will also be able to follow you as a local and global explorer and ”see the world” through your eyes.
Although their map is a work in progress, we still highly encourage you to show your support and sign up now on their webpage in order to be one of the first ones to know when it is finalized and ready to be explored!