Description of HAX
HAX is a venture capital-based program dedicated to accelerating startups with a hardware element. Their program operates across two locations, Shenzhen and San Francisco, giving founders the resources necessary to move with lightning speed.Teams accepted into the program will start in Shenzhen, where They’ll 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 their full-time staff, mentors, partners, and startup community, They’ll also work with you on developing a scalable business plan.After you’ve prototyped in Shenzhen and are ready to take your product to market, you’ll head to San Francisco, where They’ll work with you 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.