Hax USA

“Hard Tech” means engineering or scientific breakthroughs in the physical world. In the startup world, that includes companies building new robotics, sensors, connectivity, electronics, critical materials, industrial processes, and infrastructure aterials, industrial processes, and infrastructure to unlock the massive opportunities for a sustainable global economy. Most of HAX’s founders come from backgrounds in science and technology, frequently straight from university programs. They join HAX deeply convinced that their idea can change the world, and they see HAX as the fastest path to build what will attract top tier, early stage venture capital – investment rounds joined by HAX’s fund, SOSV. In 2021, HAX secured $25 million from the state of New Jersey to open and staff a 35,000 square-foot facility in Newark, New Jersey, proximate to the most important epicenters of finance, research, and industry in the US. Led by SOSV General Partner and HAX Managing Director Duncan Turner, HAX offers extensive fabrication capabilities rapid iteration and prototyping, such as manual metal fabrication, CNC machining, laser and water-jet cutting. Complementing the Newark operation are HAX’s design, engineering and manufacturing experts in Pune and Shenzhen as well as its global mentor network. HAX is SOSV's pre-seed program for hard tech. Startups apply to HAX with an initial prototype, customer insight, and vision. We then invest and build alongside our founders, fundamentally inflecting their technical progress with our team of engineers and investment partners. Founders should think of HAX as an extension of their engineering, business development, fundraising, design, and marketing teams. As startups reach critical milestones, we support fundraising strategy and investor introductions. We also continue to invest, to the tune of over $25 million USD per year globally, and just raised an additional $100M in capital to support the later stage growth of our startups. ‍ The most valuable part of HAX (that is often understated) is engagement with a globally diverse community of HAX founders. Many have been successful, all have learned hard lessons, and everyone is excited to help each other succeed. Our community has grown to include a curated group of mentors, experts and partners that give our hard tech startups the best edge. ...view more