The Venture Codex Logo

The Venture Codex

HAX

2323 Broadway, San Francisco, CA, 94115, United States

Overview

Venture capital program accelerating hardware startups.

Founded

2011

Deals ยท 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A
Series B

Geographic focus

Austria
China
India
Singapore
...

Sector focus

Finance
Financial Services
Hardware
Venture Capital

Investment portfolio

11rounds
NAMEDATESIZE
Princeton Critical Minerals
Aug 2026Led
$16 MSeries A
Level Zero Health
Feb 2025Participated
$7 MSeed
silana
May 2024Participated
$2 MOther Equity
Robomart
Aug 2023Participated
$2 MSeed
Presso
Jan 2023Participated
$8 MSeed
CleanRobotics
Aug 2022Participated
$5 MSeries A
Youibot
Jan 2022Participated
$47 MSeries B
DiviGas
Nov 2021Participated
$4 MSeed
R-Zero
Jun 2021Participated
$42 MSeries B
Unbox Robotics
Apr 2021Participated
$1 MSeries A
Presso
Jul 2019Led
$0.26 MOther Equity
Princeton Critical Minerals
Aug 2026Led
$16 MSeries A
Level Zero Health
Feb 2025Participated
$7 MSeed
silana
May 2024Participated
$2 MOther Equity
Robomart
Aug 2023Participated
$2 MSeed
Presso
Jan 2023Participated
$8 MSeed
CleanRobotics
Aug 2022Participated
$5 MSeries A
Youibot
Jan 2022Participated
$47 MSeries B
DiviGas
Nov 2021Participated
$4 MSeed
R-Zero
Jun 2021Participated
$42 MSeries B
Unbox Robotics
Apr 2021Participated
$1 MSeries A
Presso
Jul 2019Led
$0.26 MOther Equity
11
Items
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

HAX: 11 funding rounds are recorded in the selected participation categories.All available history.
HAX: 11 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed04
Series A12
Series B02
Other Equity11

Monthly Deal Activity

HAX: 11 deals are recorded across 88 months.All available history.
HAX: 11 deals are recorded across 88 months. All available history
MonthDeals
Jul '191
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '211
May '210
Jun '211
Jul '210
Aug '210
Sep '210
Oct '210
Nov '211
Dec '210
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '221
Sep '220
Oct '220
Nov '220
Dec '220
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '231
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '251
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '261
Sep '260
Oct '260

Sector Breakdown

HAX: Hardware & Robotics is the largest displayed sector by deal count (8 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

HAX: Hardware & Robotics is the largest displayed sector by deal count (8 deals). All available history
SectorDeals
Hardware & Robotics8
Clean Energy & Sustainability4
Space & Frontier Tech4
Consumer & Lifestyle4
AI & Machine Learning3
Travel & Hospitality2
Transportation & Logistics2
Networks, Cloud & Communication2
Manufacturing2
Enterprise Software1
E-Commerce & Retail1
Data, Analytics & IT1
Real Estate & Construction1
Health & Life Sciences1

Deal Size Distribution

HAX: 11 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

HAX: 11 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M6
$5M-$10M2
$10M-$25M1
$25M-$50M2
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

HAX: United States has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 6 of 6 regions; European countries are grouped as Europe.

HAX: United States has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
United States5
Europe2
941331
India1
China1
Singapore1
HAX: 20 co-investors are shown, with Entrepreneur First sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

HAX: 20 co-investors are shown, with Entrepreneur First sharing 3 recorded deals. All available history
Co-investorShared deals
Entrepreneur First3
SOSV3
1517 Fund1
Amasia1
AME Cloud Ventures1
Anorak Ventures1
Arali Ventures1
Astor Management1
Beenext1
Black Forest Ventures1
Black Jays1
BlueRun Ventures1
BOLE1
Cherubic Ventures1
Climate Capital1
DBL Partners1
DTX Ventures1
Energy Revolution Ventures1
Exceptional Ventures1
F&G Ventures1

Investment Strategy

HAX: Led accounts for 18% and participating for 82% of round participation.All available history.
HAX: Led accounts for 18% and participating for 82% of round participation. All available history
CategoryDeals (count)Share (%)
Led218%
Participating982%
HAX: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
HAX: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead2100%
Co-led00%

Team

Benjamin Joffe

Partner

Cyril Ebersweiler

Founder & Managing Director

Duncan Turner

Managing Director

Jay Bullen

Founder-in-residence

Lisa Shcheglova

Comms Designer

Saeid Masudy Panah

Hardtech Founder

Sam Hickmann

HAX 8 and HAX Growth 2016

Sean O'Sullivan

Mentor and Founder

Shampoo Liu

Workshop Manager and Prototyping Lead

Syed Shakeel Ahmed

Founder