HaxAsia, the 180-day accelerator program focused on consumer hardware, and Indiegogo, the leading international crowdfunding platform, are hosting demo-day for Singapore-based hardware startups at IDA Labs. HaxAsia will, for the first time, publicly show some of the amazing hardware startups, incubated during this first phase of program. IndieGogo Head of Hardware category will explain why Indiegogo is the best platform for international hardware startups to launch their pre-orders campaigns.
HaxAsia Pte. Ltd., is a new startup accelerator focused on Hardware 2.0 and Internet of Things. The program, sponsored and supported by Ruvento Ventures, Incuvest, BootstrapLabs, DI Group, SpinUp Partners and a few angels, will invest in 10 startups working on amazing consumer hardware products such as smart gadgets, wearables, drones and other connected hardware via a 180 day accelerator program to be held in Singapore, Silicon Valley and China. The program is specifically designed to avoid many of the pitfalls hardware startups struggle with, will assist in making sleek prototype vetted by industrial design partners, cost and delay of production confirmed with preferred manufacturers in China and support with crowdfunding preparation, marketing and PR.
The program is flexible in a sense that there is no deadline for the applications, the only requirement is that startups need to launch their crowdfunding campaign within 6 months from receiving the accelerator’s funding. The selected teams can get up to SGD50K, each, upfront from HaxAsia itself, and up to SGD1M, in addition, from HaxAsia backers, upon successful crowdfunding campaign. In order to qualify for the program, the teams need to demonstrate a functional prototype.