Investment Details
Investor Type
Venture Capital
Asset Class Focus
Venture Capital
Stage Focus
Pre-Seed, Seed, Early Stage
Geographical Focus
United States, Japan, Singapore, China, India
Industries Focus
- Technology
- Healthcare
- Agriculture
- EdTech
- Food and Beverage
- Manufacturing
- Robotics
- Biotechnology
- Consumer Electronics
- Retail Consumer
- Food Delivery
- Medical Device
- Social Infrastructure
- Home Health Care
- Next Generation Energy
Investment Size:
250,000 to 500,000 USD
Investor Details Founded: 2011
HAX is a global hardware accelerator program investing in early-stage hardware startups.
Operating under the venture capital firm SOSV, HAX specializes in 'hard tech' sectors such as sustainability, climate, industrial automation, and human health.
With a flagship 35,000 square foot facility in Shenzhen, China, and additional offices in San Francisco, California, Pune, India, Tokyo, Japan, and Singapore, HAX offers a comprehensive 6-month residency program that includes hands-on engineering support and an initial investment package ranging from $250,000 to $500,000.
Since its inception in 2011, HAX has supported over 257 startups, which have collectively raised more than $2.5 billion and have a cumulative valuation exceeding $8.6 billion.
HAX's program is designed to accelerate the development of hardware startups by providing resources such as prototyping facilities, manufacturing support, and access to a global network of engineers and scientists.
The accelerator focuses on sectors including robotics, sensors, connectivity, electronics, critical materials, industrial processes, and infrastructure, aiming to unlock opportunities for a sustainable global economy.
Startups accepted into the program typically spend between 4 to 6 months prototyping in Shenzhen before moving to San Francisco for business development, fundraising, and growth.
HAX's approach emphasizes rapid iteration and real-world product development, helping founders navigate the complexities of hardware innovation and bringing their products to market efficiently.
The accelerator's global presence and extensive network provide startups with valuable exposure to international markets and potential partners, enhancing their growth prospects and scalability.
HAX's commitment to fostering innovation in hard tech has established it as a leading accelerator in the hardware startup ecosystem, supporting companies that are addressing some of the world's most pressing challenges through technological advancements.
HAX's program culminates in a Demo Day, where startups present their progress to a global audience of investors, partners, and industry leaders, facilitating further investment and collaboration opportunities.
Through its comprehensive support system and strategic focus, HAX continues to play a pivotal role in shaping the future of hardware innovation and entrepreneurship worldwide.
Requirements
- Startups developing hardware products in sectors such as robotics, sensors, connectivity, electronics, critical materials, industrial processes, and infrastructure.
Contact
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Portfolio Companies
- unSpun
- R-Zero
- Neptune Robotics
- Smartex
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