HAX

HAX is a venture capital program focused on accelerating hardware startups through its comprehensive support and resources. Founded in 2012 and headquartered in Newark, New Jersey, HAX operates in two key locations, San Francisco and Shenzhen, providing founders with an environment conducive to rapid prototyping and iterative development. The program emphasizes the importance of launching both B2C and B2B hardware startups, guiding them through critical phases such as business development, fundraising, and market entry. HAX accepts teams that demonstrate strong potential for scaling their ventures and solving significant technological challenges. Through a structured curriculum, entrepreneurs refine their product-market fit and business strategies while benefiting from a robust network of mentors and industry connections. HAX maintains an ongoing relationship with participating startups to support their growth beyond the initial program, ensuring they have the necessary resources and partnerships to succeed in the competitive marketplace.

Andrew Gollach

Principal

Duncan Turner

Managing Director

Past deals in Singapore

DiviGas

Convertible Note in 2023
DiviGas is an oil and gas company founded in 2019 and headquartered in Central Region, Singapore. The company specializes in the development of advanced hydrogen separation membranes that are designed for hydrogen purification and gas separation. These membranes demonstrate superior performance compared to traditional options, exhibiting resilience against heat, pressure, acidity, and plasticity. Additionally, DiviGas's membranes can be integrated with carbon capture and storage units for effective carbon dioxide separation. This innovative approach enables clients to purify hydrogen efficiently and cost-effectively while adhering to eco-friendly practices.

Green Li-ion

Series B in 2023
Green Li-ion, established in 2020 with headquarters in Singapore, specializes in innovative battery recycling technology. The company's patented deep tech process enhances the purity of recycled materials, allowing lithium-ion batteries to be rejuvenated and reused efficiently. This unique approach addresses environmental concerns and improves profitability compared to conventional recycling methods by a factor of four.

SunGreenH2

Seed Round in 2022
SunGreenH2 is a company focused on producing high-performance electrolysers for green hydrogen generation using advanced materials and nanotechnology. Founded in 2020 and headquartered in Singapore, with additional offices in Melbourne and London, the company has developed a modular and scalable electrolyser stack that enables on-site hydrogen production at a low cost. By utilizing sunlight and water, SunGreenH2's patented technology facilitates the production of zero-emissions hydrogen, supporting sustainable practices across various industries, including transport, buildings, and specialty chemicals. With over a decade of research in electrochemistry and nanotechnology, SunGreenH2 aims to enable widespread adoption of green hydrogen, contributing to a more sustainable energy landscape.

Tera-X

Seed Round in 2022
Tera-X develops and manufactures terahertz technologies for online process control and quality testing uses. It is based in Singapore.

Kinexcs

Convertible Note in 2022
Kinexcs is an AI-driven health platform and wearables company dedicated to enhancing mobility and improving quality of life for individuals with musculoskeletal conditions. The company addresses issues related to incomplete recovery and patient compliance by offering digital therapy solutions that are both affordable and convenient. Its flagship product, KIMIA, is the world's first continuous knee health monitor, which integrates with an AI-based digital therapist to provide real-time assessments and exercise guidance. Kinexcs collaborates with key opinion leaders and three major public hospitals in Singapore on various clinical projects and distributes its products through orthopedic surgeons and major implant manufacturers.

SunGreenH2

Seed Round in 2022
SunGreenH2 is a company focused on producing high-performance electrolysers for green hydrogen generation using advanced materials and nanotechnology. Founded in 2020 and headquartered in Singapore, with additional offices in Melbourne and London, the company has developed a modular and scalable electrolyser stack that enables on-site hydrogen production at a low cost. By utilizing sunlight and water, SunGreenH2's patented technology facilitates the production of zero-emissions hydrogen, supporting sustainable practices across various industries, including transport, buildings, and specialty chemicals. With over a decade of research in electrochemistry and nanotechnology, SunGreenH2 aims to enable widespread adoption of green hydrogen, contributing to a more sustainable energy landscape.

Green Li-ion

Series A in 2022
Green Li-ion, established in 2020 with headquarters in Singapore, specializes in innovative battery recycling technology. The company's patented deep tech process enhances the purity of recycled materials, allowing lithium-ion batteries to be rejuvenated and reused efficiently. This unique approach addresses environmental concerns and improves profitability compared to conventional recycling methods by a factor of four.

Fairmart

Seed Round in 2021
Fairmart is a company that helps retail stores increase sales by making their products easily searchable online. It assists retailers in automatically digitizing their inventory, allowing customers to find and pre-order products from nearby physical stores. This service facilitates the digital transformation of Singapore's minimarts, grocery stores, and specialty shops by automating inventory management and enabling omnichannel customer engagement.

DiviGas

Seed Round in 2021
DiviGas is an oil and gas company founded in 2019 and headquartered in Central Region, Singapore. The company specializes in the development of advanced hydrogen separation membranes that are designed for hydrogen purification and gas separation. These membranes demonstrate superior performance compared to traditional options, exhibiting resilience against heat, pressure, acidity, and plasticity. Additionally, DiviGas's membranes can be integrated with carbon capture and storage units for effective carbon dioxide separation. This innovative approach enables clients to purify hydrogen efficiently and cost-effectively while adhering to eco-friendly practices.

AntePlastics

Seed Round in 2021
AntePlastics eradicates plastic waste and its negative effects on the environment by providing plastic recycling methods. The company revolutionizes plastic recycling technology with its patented methods that can enable the delivery of 100% closed-loop recycling. This enables them to recycle plastics back to their original building blocks, which then can be reused to form plastics again. It was founded in 2021 in Singapore, Central Region.

Green Li-ion

Seed Round in 2021
Green Li-ion, established in 2020 with headquarters in Singapore, specializes in innovative battery recycling technology. The company's patented deep tech process enhances the purity of recycled materials, allowing lithium-ion batteries to be rejuvenated and reused efficiently. This unique approach addresses environmental concerns and improves profitability compared to conventional recycling methods by a factor of four.

SunGreenH2

Seed Round in 2021
SunGreenH2 is a company focused on producing high-performance electrolysers for green hydrogen generation using advanced materials and nanotechnology. Founded in 2020 and headquartered in Singapore, with additional offices in Melbourne and London, the company has developed a modular and scalable electrolyser stack that enables on-site hydrogen production at a low cost. By utilizing sunlight and water, SunGreenH2's patented technology facilitates the production of zero-emissions hydrogen, supporting sustainable practices across various industries, including transport, buildings, and specialty chemicals. With over a decade of research in electrochemistry and nanotechnology, SunGreenH2 aims to enable widespread adoption of green hydrogen, contributing to a more sustainable energy landscape.

Fairmart

Seed Round in 2020
Fairmart is a company that helps retail stores increase sales by making their products easily searchable online. It assists retailers in automatically digitizing their inventory, allowing customers to find and pre-order products from nearby physical stores. This service facilitates the digital transformation of Singapore's minimarts, grocery stores, and specialty shops by automating inventory management and enabling omnichannel customer engagement.

DiviGas

Convertible Note in 2020
DiviGas is an oil and gas company founded in 2019 and headquartered in Central Region, Singapore. The company specializes in the development of advanced hydrogen separation membranes that are designed for hydrogen purification and gas separation. These membranes demonstrate superior performance compared to traditional options, exhibiting resilience against heat, pressure, acidity, and plasticity. Additionally, DiviGas's membranes can be integrated with carbon capture and storage units for effective carbon dioxide separation. This innovative approach enables clients to purify hydrogen efficiently and cost-effectively while adhering to eco-friendly practices.

Kinexcs

Seed Round in 2019
Kinexcs is an AI-driven health platform and wearables company dedicated to enhancing mobility and improving quality of life for individuals with musculoskeletal conditions. The company addresses issues related to incomplete recovery and patient compliance by offering digital therapy solutions that are both affordable and convenient. Its flagship product, KIMIA, is the world's first continuous knee health monitor, which integrates with an AI-based digital therapist to provide real-time assessments and exercise guidance. Kinexcs collaborates with key opinion leaders and three major public hospitals in Singapore on various clinical projects and distributes its products through orthopedic surgeons and major implant manufacturers.

Kinexcs

Seed Round in 2018
Kinexcs is an AI-driven health platform and wearables company dedicated to enhancing mobility and improving quality of life for individuals with musculoskeletal conditions. The company addresses issues related to incomplete recovery and patient compliance by offering digital therapy solutions that are both affordable and convenient. Its flagship product, KIMIA, is the world's first continuous knee health monitor, which integrates with an AI-based digital therapist to provide real-time assessments and exercise guidance. Kinexcs collaborates with key opinion leaders and three major public hospitals in Singapore on various clinical projects and distributes its products through orthopedic surgeons and major implant manufacturers.

Kinexcs

Pre Seed Round in 2017
Kinexcs is an AI-driven health platform and wearables company dedicated to enhancing mobility and improving quality of life for individuals with musculoskeletal conditions. The company addresses issues related to incomplete recovery and patient compliance by offering digital therapy solutions that are both affordable and convenient. Its flagship product, KIMIA, is the world's first continuous knee health monitor, which integrates with an AI-based digital therapist to provide real-time assessments and exercise guidance. Kinexcs collaborates with key opinion leaders and three major public hospitals in Singapore on various clinical projects and distributes its products through orthopedic surgeons and major implant manufacturers.
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