The Seed Program combines a $250,000 USD investment, 180 days of collaboration and global founder community for early stage founders building hard tech startups. Founders join us across our locations in San Francisco, Shenzhen and Tokyo to collaborate with our in-house team of engineers, designers and entrepreneurs. Startups get access to the unparalleled experts, investors, manufacturers and supply chains to thrive as an early stage hard tech startup.
Building a hard tech startup is hard. We know. We've done it. It requires complex combinations of electronics, mechanisms, materials, manufacturing and supply chains (all while writing the software that connects it all together). It's not your standard startup playbook and it requires founders that are ready to get their hands dirty, and go far beyond what can be accomplished alone at your computer.
This is why we engage beyond capital investment. We know with the right combination of experience, tools, partners and community into early stage hard tech teams, they can move at unbelievable speed and global scale. With over 200 HAX startups completing the program since 2012, we have continuously evolved our approach, infrastructure and team to help startups go faster and further.
Startups apply with initial prototypes, customer understanding and an aspirational vision. All HAX teams spend 180 days with us at our locations in Shenzhen, San Francisco and Tokyo, where they collaborate with our in-house team of engineers, designers and entrepreneurs. We also give them access to the unparalleled local experts, investors, manufacturers and supply chains needed to thrive.
As startups reach critical milestones, HAX supports fundraising strategy, investor introductions and continued investment into follow-on rounds from Pre-Seed to Pre-IPO. We are actively investing over $25 million USD per year into our global portfolio as part of global venture capital firm, SOSV.
The most valuable part of the program (that is often understated) is engagement with a globally diverse community of HAX founders. Many have been successful, many have learned hard lessons, and everyone is excited to help one another succeed. The community has grown to include a curated group of mentors, experts and partners, giving early stage startups the global reach and resources of far larger organizations.