NextFab Ventures

NextFab Ventures is a pre-seed stage hardware-focused investor and product development center based in Philadelphia, Pennsylvania. They specialize in assisting hard-tech startups by providing seed capital, hands-on technical product development support, business coaching, and introductions to contract manufacturers, advisors, and investors. Their mission is to help entrepreneurs build venture-backable startups around hard-tech products.

The firm operates a RAPID Hardware Accelerator program, which has made over 50 investments in early-stage startups since 2016. Collectively, these portfolio companies have raised over $72 million from angel investors, venture capitalists, and government grants. NextFab Ventures focuses on sectors such as agtech, robotics, cleantech, and medical devices, aiming to bring tangible improvements to the world through their investments.

In addition to financial support, NextFab Ventures offers access to state-of-the-art equipment, software, and training. They are strong advocates of a strategic, user-centered development approach, enabling startups to transform ideas into products effectively. Their team comprises experienced investors, entrepreneurs, and engineers dedicated to working with hard-tech startups and helping them close their first financing rounds.