HAX is SOSV's venture program for Hard Tech
HAX is a venture capital-based program dedicated to accelerating startups with a hardware element. Their program operates across two locations, San Francisco and Shenzhen, giving founders the resources necessary to move with lightning speed.
Teams accepted into the program will focus on rapid iteration of prototyping in many forms. This includes physical models, technology iterations, user interaction studies, volumetric studies, marketing messaging, business plans and launch strategies. With the help of HAX’s full-time staff, mentors, partners, and startup community, they’ll also work with you on developing a scalable business plan.
As teams are ready to take their product to market, they’ll head to San Francisco to work with HAX on business development, fundraising, and growth. This stage emphasizes introductions to corporates, investors, partners and press. It also focuses on helping teams secure their first round of funding, as well as gain first-revenue and partnership traction.
HAX is an SOSV program. SOSV is a global venture capital firm that operates startup venture programs around the world. SOSV had more than 1,000 portfolio companies and $950 million in assets under management.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Jan 19, 2023
Presso
|
Seed | $8M | Hospitality | — |
Dec 9, 2022
Particle
|
Series C | — | Consumer Electronics | — |
Dec 7, 2022
Gaia AI
|
Pre-seed | $3M | Artificial Intelligence | — |
Dec 7, 2022
Skygauge
|
Convertable Note | — | Aerospace | — |
Nov 15, 2022
Untap
|
Seed | £1.10M | Communities | — |
HAX has had 11 exits. HAX most notable exits include Bitome , Motion Metrics
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Jun 6, 2022 | Bitome | M&A | Biometrics | Detail |
Nov 5, 2021 | Motion Metrics | M&A | Artificial Intelligence | Detail |
Oct 5, 2021 | Vigilant Technologies | M&A | Health Care | Detail |
Sep 20, 2021 | AiSight | M&A | Artificial Intelligence | Detail |
Sep 10, 2021 | Roadie | M&A | Apps | Detail |