Techstars Hires Startup Vet to Run Qualcomm Robotics Accelerator
Ryan Kuder, a San Diego startup veteran who left the mobile device recycler EcoATM earlier this year, has been hired to lead the new robotics startup accelerator that Qualcomm (NASDAQ: QCOM) is establishing under a deal with Techstars.
Boulder, CO-based Techstars, which just announced its 16th startup program last week in Detroit, named Kuder as managing director of what’s officially known as the “Qualcomm Robotics Accelerator, powered by Techstars.” The new accelerator, announced in October, will be based at Qualcomm’s San Diego headquarters.
Robotics teams that enroll in the program will move into space that Qualcomm has been renovating, and will get access to prominent experts in robotics and startups that Qualcomm and Techstars have recruited for the program. Kuder, who blogged about his new job here, says he’s already begun hiring a small Techstars team to manage the 16-week program. Applications will be accepted through Feb. 22, and the program begins May 26.
“We are working our hardest to find great robotics startups to move to San Diego and become awesome companies,” Kuder says. “We want you to be as successful as you can be, because we are going to be investing in your company.”
Among other things, the Techstars team will oversee the selection of 10 robotics startups for the program, which is set to run through Sept. 15. Each company that enrolls in the accelerator will get a $20,000 investment from Techstars in exchange for a 6 percent ownership stake, and an option to … Next Page »