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.
Algoma operates as a digital architect and engineer focused on creating sustainable buildings and reducing the carbon footprint associated with construction. The company utilizes a digital platform that automates the integrated delivery of sustainable building projects. By combining automation with mass timber, Algoma streamlines architecture and engineering processes, allowing for quicker project completion, reduced costs, and improved returns for real estate developers. This approach not only accelerates construction timelines but also significantly minimizes embodied carbon emissions, positioning Algoma as a forward-thinking entity within the building industry.
Algoma Homes
Seed Round in 2023
Algoma Homes is a digital platform that designs and delivers net-zero homes faster and cheaper than traditional methods. It was founded in 2023.
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