HAX

HAX, an integral part of SOSV's venture capital platform, stands as a premier accelerator dedicated to hard tech startups. Based in San Francisco, with historical roots and strong operational ties to Shenzhen, China, HAX focuses on companies developing tangible products and deep technology solutions. Its investment thesis centers on addressing significant real-world problems through advancements in areas such as robotics, industrial automation, new materials, advanced manufacturing, and artificial intelligence integrated with hardware. The program is designed to support founders from the very early stages, helping them navigate the complexities of hardware development, supply chain management, and scaling production.

HAX operates as an intensive, hands-on accelerator, providing participating startups with a structured curriculum, extensive mentorship, and access to specialized prototyping facilities. The program typically spans several months, culminating in a demo day where companies present to a network of investors. As part of its standard deal, HAX, through SOSV, typically invests an initial cash amount ranging from $150,000 to $250,000 for an equity stake of 8-10%. This initial capital is designed to help founders achieve critical milestones, from product development and validation to initial market entry.

Beyond the initial investment, HAX leverages SOSV's broader ecosystem, which includes a vast network of mentors, industry experts, and corporate partners. SOSV, as a multi-stage venture firm, has over $1.5 billion in assets under management, enabling HAX portfolio companies to access significant follow-on capital as they grow. This continuum of support is crucial for hard tech ventures, which often require more substantial and sustained funding than pure software companies. HAX has successfully accelerated hundreds of companies globally, contributing significantly to the hard tech landscape and demonstrating a strong track record of helping startups transition from concept to commercialization. Its unique blend of capital, operational support, and global reach positions HAX as a critical player in fostering innovation in the hard tech sector.