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.
Renewell is a company based in Bakersfield, California, that transforms inactive oil and gas wells into gravity-based energy storage systems. This innovative process involves lowering a weight connected to a regenerative winch down a repurposed wellbore, allowing for the storage of energy during periods of low demand and the release of electricity back to the grid when demand increases. By utilizing existing oil and gas infrastructure, Renewell aims to create a flexible and cost-effective energy storage network while significantly reducing greenhouse gas emissions. The company's technology focuses on zero-self-discharge renewable energy storage, contributing to a more sustainable energy future.
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 designed for hydrogen purification and gas separation. These membranes exhibit high resistance to heat, pressure, acidity, and plasticity, offering superior performance compared to traditional solutions. Additionally, DiviGas's technology can be integrated with carbon capture and storage systems to facilitate carbon dioxide separation. This innovative approach enables clients to purify hydrogen efficiently and at a lower cost while employing environmentally friendly methods.
TrelliSense
Seed Round in 2023
TrelliSense specializes in advanced technology for the detection and measurement of methane emissions in various industrial settings. The company employs a low-cost mesh sensor array that utilizes sunlight as a spectroscopic light source to accurately identify and quantify methane leaks. Its solutions are applicable across multiple sectors, including oil and gas facilities, landfills, coal mines, bio-digestion plants, and agricultural operations. By providing precise data on the location and amount of methane gas emissions, TrelliSense enables businesses to effectively manage and mitigate their environmental impact.
Renewell
Seed Round in 2023
Renewell is a company based in Bakersfield, California, that transforms inactive oil and gas wells into gravity-based energy storage systems. This innovative process involves lowering a weight connected to a regenerative winch down a repurposed wellbore, allowing for the storage of energy during periods of low demand and the release of electricity back to the grid when demand increases. By utilizing existing oil and gas infrastructure, Renewell aims to create a flexible and cost-effective energy storage network while significantly reducing greenhouse gas emissions. The company's technology focuses on zero-self-discharge renewable energy storage, contributing to a more sustainable energy future.
Renewell
Seed Round in 2022
Renewell is a company based in Bakersfield, California, that transforms inactive oil and gas wells into gravity-based energy storage systems. This innovative process involves lowering a weight connected to a regenerative winch down a repurposed wellbore, allowing for the storage of energy during periods of low demand and the release of electricity back to the grid when demand increases. By utilizing existing oil and gas infrastructure, Renewell aims to create a flexible and cost-effective energy storage network while significantly reducing greenhouse gas emissions. The company's technology focuses on zero-self-discharge renewable energy storage, contributing to a more sustainable energy future.
Renewell
Seed Round in 2022
Renewell is a company based in Bakersfield, California, that transforms inactive oil and gas wells into gravity-based energy storage systems. This innovative process involves lowering a weight connected to a regenerative winch down a repurposed wellbore, allowing for the storage of energy during periods of low demand and the release of electricity back to the grid when demand increases. By utilizing existing oil and gas infrastructure, Renewell aims to create a flexible and cost-effective energy storage network while significantly reducing greenhouse gas emissions. The company's technology focuses on zero-self-discharge renewable energy storage, contributing to a more sustainable energy future.
Windfall Bio
Seed Round in 2022
Windfall Bio is a company focused on developing a sustainable technology that captures and transforms methane emissions into organic fertilizer, addressing significant environmental issues associated with methane and synthetic fertilizers. Founded in 2022 and based in San Mateo, California, Windfall Bio utilizes methane-eating microbes to convert methane from various sources, including agriculture, oil and gas, and waste management, into valuable soil nutrients. This innovative solution not only helps industries reduce their methane footprint but also enhances operational efficiency and profitability, benefiting the planet and consumers alike. The company is backed by prominent venture capital firms, demonstrating strong investor confidence in its mission to tackle climate change through nature-based agricultural technology.
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 designed for hydrogen purification and gas separation. These membranes exhibit high resistance to heat, pressure, acidity, and plasticity, offering superior performance compared to traditional solutions. Additionally, DiviGas's technology can be integrated with carbon capture and storage systems to facilitate carbon dioxide separation. This innovative approach enables clients to purify hydrogen efficiently and at a lower cost while employing environmentally friendly methods.
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 designed for hydrogen purification and gas separation. These membranes exhibit high resistance to heat, pressure, acidity, and plasticity, offering superior performance compared to traditional solutions. Additionally, DiviGas's technology can be integrated with carbon capture and storage systems to facilitate carbon dioxide separation. This innovative approach enables clients to purify hydrogen efficiently and at a lower cost while employing environmentally friendly methods.
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