Meet the Largest Hardware Investor || Interview with Hax
Are you an ambitious early stage hardware startup? Do you have a prototype but you’re not sure how to produce and scale it? Hax Accelerator is the first and largest hardware investor offering expertise and resources for you to grow and develop.
Speaker: Benjamin Joffe, General Partner of Hax Accelerator
Location: Beijing, China
Event: Silicon Dragon, 2017
About Hax Accelerator
Founded in 2011 with offices in Shenzhen and San Francisco, HAX Accelerator is a seed accelerator that’s exclusively focused on hardware startup development. HAX has been recognized as the world’s most active early stage investor in hardware. How does it work? The program selects startups among hundreds of applicants for investment and offers on-site support and mentoring in exchange for equity over a period of 111 days and 8 weeks for HAX Seed, Shenzhen (HAX Growth, San Francisco). They run two programs every year and accept over 15 teams. HAX was the first accelerator in the world to focus on hardware startups, leveraging its unique access to Shenzhen’s startup ecosystem. As of June 2017, about 90% of its startup investments were from overseas, with 50% from USA, 25% from Europe, 10% from China and 15% from the rest of the world.