HAX is the world's first and most active program focused on hard tech startups. Our program helps founders tap into the world's premier ecosystems for real-world product development, manufacturing and fundraising. Our flagship program provides 6-months collaborative residency, hands-on engineering support, and an initial investment package of $250,000 USD with millions available in follow-on funding. Over 250 startups have graduated the program since 2012 with cumulative value of over $8 Billion USD.
Climate tech investment is booming. According to TechCrunch, around 1,400 investors deployed more than $40 billion across 600+ deals in 2021, more than doubling from the year before. This number included $23.2 billion from corporate VCs up from a previous high of $12.9 billion in 2018 (source: WSJ and Pitchbook data). The venture data company Pitchbook has ranked SOSV the #1 investor in climate tech since 2018.