Helping hardware entrepreneurs jump-start their business by providing them with hands-on technical and business consulting
Now Accepting Applications
About this Accelerator
• • NextFab Ventures • •
We help hard tech entrepreneurs jump-start their business by providing them with hands-on technical and business consulting. In addition to access to state‐of‐the‐art equipment, software, and training, NextFab invests up to $35,000 in every selected team.
Since 2016, NextFab has made 41 investments in early-stage startups. Collectively, our portfolio companies have raised over $21 million from angel investors, venture capitalists, and government grants.
• • Ideal Candidates • •
We invest at the intersection of hardware and software. While we’re open to receiving applications from anyone, our ideal team would have 2 co-founders, a physical prototype, a patented technology, and a good estimate of the market size.
• • Application • •
We accept applications on a rolling basis.
• • Funding • •
We invest up to $35k in each accepted venture. In addition, we connect you with our network and share additional funding opportunities. There’s also opportunity for follow-on funding.
• • Access • •
Membership to NextFab state-of-the-art facilities for you and your team. You’ll gain access to experienced engineers and a community of hardware entrepreneurs.
• • What differentiates us from other investors? • •
We are entirely focused on working with hardware startups and our state-of-the-art makerspace facility in South Philadelphia serves as a one stop shop for all their prototyping needs. The selected teams will get funding and direct access to NextFab’s Product Development staff. Think of them as an extension of your team. We’ll offer you advice, make introductions, and fill skill gaps or relieve bandwidth constraints that are preventing you from reaching development milestones. In addition to all of this, we’ll introduce you to mentors and experienced advisors, as well as our broader community of talented designers, artists, engineers, and entrepreneurs.
- Philadelphia, PA, US
Aerospace, Biotechnology, Business Products, Clean Technology, Consumer Products