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Mana Up

North America, Hawaii, United States, Honolulu

Description

Mana Up is a distinctive 12-week product accelerator program based in Honolulu, Hawaii, dedicated to empowering local Hawaiian businesses, particularly those in the consumer product sector, to scale their operations and reach global markets. Unlike traditional venture capital firms, Mana Up operates as a comprehensive ecosystem, providing not just capital but also intensive mentorship, strategic guidance, and access to a robust network of industry experts, retailers, and investors. This unique approach is designed to foster sustainable growth for Hawaii's entrepreneurial community.

The accelerator program is highly selective, admitting a limited number of companies into each cohort. Participants typically receive an initial investment of $50,000 in exchange for an equity stake, which helps them fund critical early-stage growth initiatives. Beyond the direct capital infusion, Mana Up's value proposition lies in its structured curriculum, which covers essential aspects of business development, including product refinement, marketing strategies, supply chain optimization, and e-commerce expansion. The program culminates in opportunities for companies to showcase their products to potential buyers and investors.

Mana Up has demonstrated significant impact on Hawaii's economy. Since its inception, companies that have graduated from the program have collectively generated over $100 million in revenue. This substantial financial growth is complemented by the creation of over 1,000 jobs across various sectors, contributing significantly to local employment and economic diversification. The accelerator's success is attributed to its deep understanding of the unique challenges and opportunities faced by Hawaii-based businesses, coupled with its commitment to fostering high-quality, export-ready products.

By focusing on scaling authentic Hawaiian products, Mana Up not only boosts the local economy but also promotes the islands' unique culture and craftsmanship on a global stage. Its model serves as a powerful example of how a localized accelerator can drive substantial economic development and create a vibrant entrepreneurial ecosystem. Mana Up continues to expand its reach and impact, solidifying its position as a pivotal force in Hawaii's business landscape and a model for place-based economic development.

Investor Profile

Mana Up has backed more than 71 startups, with 0 new investments in the last 12 months alone. The firm has led 69 rounds, about 97% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Non Equity Assistance, Grant, Series A rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Food and Beverage, Retail, Fashion.
  • Typical check size: $50K.

Stage Focus

  • Non Equity Assistance (96%)
  • Grant (3%)
  • Series A (1%)

Country Focus

  • United States (94%)

Industry Focus

  • Food And Beverage
  • Retail
  • Fashion
  • Shopping
  • E-commerce
  • Art
  • Beauty
  • Consumer Goods
  • Agriculture
  • Farming
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Mana Up frequently co-invest with?

Danone Manifesto Venture
North America, New York, United States, New York
Co-Investments: 1
Kamehameha Schools
North America, Hawaii, United States, Honolulu
Co-Investments: 1
P6
North America, California, United States, Long Beach
Co-Investments: 1
Presidio Ventures
North America, California, United States, Santa Clara
Co-Investments: 1
Hatch Blue Ltd
Europe, Cork, Ireland, Cork
Co-Investments: 1

What are some of recent deals done by Mana Up?

ALIKALEO PARK

Honolulu, Hawaii, United States

ALIKALEO PARK provides Super-soft fabric has UPF 40+ built in, and each item is intentionally large for extended wear between sizes.

ApparelFashion
Non Equity AssistanceJun 10, 2024
Kaua’i Hemp Co

Koloa, Hawaii, United States

Kaua'i Hemp Company is to lead Hawaii's organic farming and sustainable agriculture into a new era.

AgricultureFarming
Non Equity AssistanceJun 10, 2024
Bizia Surf

Wahiawa, Hawaii, United States

Bizia Surf is a group of surfers and lovers of the outdoors who want to revive the iconic wooden surfboard.

RetailSurfing
Non Equity AssistanceJun 10, 2024
Farm to Fudge

Kahului, Hawaii, United States

FARM TO FUDGE was created by learning a new cooking technique that prioritized nutrient density without sacrificing flavor.

Food and Beverage
Non Equity AssistanceJun 10, 2024

Waiwaolani aims to inspire and educate people in Hawaii and beyond. through clothing line and products.

ApparelFashion
Non Equity AssistanceJun 10, 2024
Hawaii'i 'Ulu Cooperative

Kailua Kona, Hawaii, United States

Hawaii'i 'Ulu Cooperative's crops are grown sustainably on small family farms by over 100 cooperative member farmers.

AgricultureFarmers MarketFarming
Non Equity AssistanceJun 10, 2024
Honua Hawaiian Skincare

Honolulu, Hawaii, United States

Uniquely Hawaiian skincare from Soil to Skin to Soul.

Consumer Goods
Non Equity AssistanceJun 10, 2024
To Be Organics

Wailuku, Hawaii, United States

To Be Organics specializes in premium organic self-care products.

RetailShopping
Non Equity AssistanceJun 10, 2024
Liquid Life Hawaii

Keaau, Hawaii, United States

Liquid Life Hawaii produces super-food items like cold-pressed juices and nutraceuticals utilizing locally sourced ingredients.

Food and Beverage
Non Equity AssistanceMay 22, 2023
Hobbs Tea

Haleiwa, Hawaii, United States

Hobbs Tea sells organic and sustainably farmed tea from Hawaii.

Food and Beverage
Non Equity AssistanceMay 22, 2023