Georgian Startup Tasteit Becomes First from Georgia Admitted to Techstars USA, Wins $220,000

The Georgian startup Tasteit has been admitted to the Techstars USA accelerator and secured a $220,000 investment, becoming the first startup from Georgia in the programme. The company announced the news on social media.

"Techstars selects only the best 1% of tens of thousands of applications each year. Tasteit's admission to this programme confirms the company's high potential for global expansion," the company said.

Working in Boulder

As part of the accelerator, the Tasteit team will work in the United States, in Boulder, Colorado, for the next few months. Boulder is where Techstars was founded.

Participation in the programme is tied to positioning on the American market and international scaling. Tasteit will get access to a network of mentors and to venture investors.

What the founders say

"Tasteit's admission to Techstars is an important signal for the whole Georgian startup ecosystem that a product built in Georgia has the real power of global ambition and competitiveness. It is especially exciting to be in Boulder, the birthplace of Techstars. Our goal is for Tasteit to become a leading global platform that connects people through food around the world," the founders said.

About Tasteit

Tasteit is a social network that connects people through food. It has 100,000 monthly active users across three countries — Georgia, the United States and Germany — and brings together food lovers and food businesses.

The platform lets users discover new tastes, meet people and join gastronomic events. The company will work actively on positioning on the American market and on further development of the product's functionality.

Tasteit's ultimate goal is to build the largest social network in the world for food lovers, one that unites people from around the globe around food.