HAX

HAX is led by General Partners including Cyril Ebersweiler (co-founder), Duncan Turner, and Garrett Winther. The firm operates as part of the SOSV network but makes independent investment decisions for its accelerator and venture programs (per TechCrunch, 2022).

HAX combines an accelerator structure with venture capital. It provides small initial checks ($250,000 to $500,000) plus intensive engineering mentorship and supply-chain support, particularly through its Shenzhen office. The firm then often participates in follow-on rounds, providing additional capital as portfolio companies scale (per TechCrunch, 2022).

HAX focuses on early-stage and pre-seed to seed-stage hard-tech startups. Its initial check is typically $250,000 to $500,000. In 2021 it raised a dedicated $50 million fund to extend into later-stage growth rounds for companies that graduate from its accelerator program (per the firm, 2021).

HAX focuses on hard tech, including robotics, medical devices, industrial automation, sensors, climate technology, and bioengineering. It avoids pure software, fintech, and service-based models (per TechCrunch, 2019).

HAX is a venture capital accelerator and fund. It operates within the SOSV ecosystem, a larger venture firm founded by Sean O'Sullivan. HAX has its own GP team and decision-making autonomy (per Crunchbase, 2023).

HAX draws deal flow through its physical accelerator program and reputation in hard tech. It also leverages its network of portfolio founders, partnerships with Shenzhen's manufacturing community, and its Climate Tech Summit. It often attracts deep-tech founders who need engineering and supply-chain help (per TechCrunch, 2022).

HAX serves as a lead or co-lead in its accelerator-stage investments and seeks to co-invest with other VCs in later rounds. The firm typically does not follow a passive co-investment model; it prefers an active role in portfolio company development (per TechCrunch, 2022).