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.
Top Stages
Past deals in Transport and logistics
XFuel
Series A in 2025
XFuel is a company focused on producing sustainable and net-zero advanced fuels for the road, marine, and aviation sectors. Founded in 2010 and headquartered in Dublin, Ireland, with additional operations in Palma de Mallorca, Spain, XFuel has developed innovative technology for the efficient conversion of biomass waste into low-carbon fuels. This process results in a clean, drop-in fuel that can be utilized by distributors and consumers globally, offering a cost-effective alternative to traditional fossil fuels. XFuel's production methods lead to up to 85% fewer greenhouse gas emissions compared to conventional fuel production, with a clear pathway towards achieving carbon-neutral and carbon-negative fuel solutions.
XFuel
Seed Round in 2024
XFuel is a company focused on producing sustainable and net-zero advanced fuels for the road, marine, and aviation sectors. Founded in 2010 and headquartered in Dublin, Ireland, with additional operations in Palma de Mallorca, Spain, XFuel has developed innovative technology for the efficient conversion of biomass waste into low-carbon fuels. This process results in a clean, drop-in fuel that can be utilized by distributors and consumers globally, offering a cost-effective alternative to traditional fossil fuels. XFuel's production methods lead to up to 85% fewer greenhouse gas emissions compared to conventional fuel production, with a clear pathway towards achieving carbon-neutral and carbon-negative fuel solutions.
Ayrton Energy
Seed Round in 2023
Ayrton Energy, founded in 2021, is focused on enhancing energy security through innovative hydrogen storage technology. The company specializes in developing a dense storage medium for hydrogen, enabling its storage in liquid form. This approach allows for safer and more efficient handling and transportation of hydrogen, differentiating it from traditional fuels like gasoline. Ayrton Energy's technology facilitates the use of existing infrastructure, including tanks, rail cars, transport trucks, and pipelines, to deliver hydrogen effectively. By providing solutions for hydrogen storage and transportation, Ayrton Energy aims to support clients in utilizing hydrogen as a fuel source for power generation, thereby contributing to overall energy security.
LexxPluss
Series A in 2023
LexxPluss is a developer of an automated transport robot system tailored for logistics warehouses, addressing the increasing demand for efficiency amid a chronic labor shortage in the sector. The company offers a versatile robot that operates in both autonomous and guided driving modes, allowing it to navigate complex environments with precision. By focusing on enhancing safety, user experience, and cost-effectiveness, LexxPluss enables businesses to automate processes that traditionally relied on human labor. Their technology not only increases transport capacity but also significantly reduces the workload for essential workers, thereby improving overall operational safety within logistics facilities.
XFuel
Venture Round in 2022
XFuel is a company focused on producing sustainable and net-zero advanced fuels for the road, marine, and aviation sectors. Founded in 2010 and headquartered in Dublin, Ireland, with additional operations in Palma de Mallorca, Spain, XFuel has developed innovative technology for the efficient conversion of biomass waste into low-carbon fuels. This process results in a clean, drop-in fuel that can be utilized by distributors and consumers globally, offering a cost-effective alternative to traditional fossil fuels. XFuel's production methods lead to up to 85% fewer greenhouse gas emissions compared to conventional fuel production, with a clear pathway towards achieving carbon-neutral and carbon-negative fuel solutions.
Aeromutable
Seed Round in 2022
Aeromutable is a company operating in the trucking industry, specializing in the design and development of aerodynamic enhancement systems. It focuses on flow control technologies that dynamically alter the aerodynamic behavior of heavy vehicles. By utilizing advanced sensors to assess their surroundings, Aeromutable's technology actively changes the perceived shape of vehicles, leading to significant reductions in fuel consumption. This innovation not only improves the efficiency of heavy vehicles but also enhances their maneuverability and safety. Aeromutable's solutions aim to assist manufacturers in achieving notable drag reduction and stability improvements within their trucking fleets.
LexxPluss
Seed Round in 2020
LexxPluss is a developer of an automated transport robot system tailored for logistics warehouses, addressing the increasing demand for efficiency amid a chronic labor shortage in the sector. The company offers a versatile robot that operates in both autonomous and guided driving modes, allowing it to navigate complex environments with precision. By focusing on enhancing safety, user experience, and cost-effectiveness, LexxPluss enables businesses to automate processes that traditionally relied on human labor. Their technology not only increases transport capacity but also significantly reduces the workload for essential workers, thereby improving overall operational safety within logistics facilities.
Pushme
Convertible Note in 2019
Pushme Inc., founded in 2016 and headquartered in Bath, United Kingdom, specializes in manufacturing swappable batteries for bicycles. The company aims to enhance urban mobility by addressing the challenges of charging electric vehicles, which can be cumbersome and costly. Pushme's innovative network of battery swap stations allows local merchants to sell energy, providing cyclists with instant recharging options throughout the city. This approach not only facilitates the use of small, shareable electric vehicles but also promotes a more sustainable mode of transportation. By integrating technology that enables cyclists to convert their pedaling force into electricity, Pushme empowers users to manage their energy costs effectively while reducing cycling fatigue, particularly on long or uphill routes. As a subsidiary of Tier Mobility GmbH, Pushme is part of a broader movement towards sustainable urban mobility solutions.
Pushme
Seed Round in 2019
Pushme Inc., founded in 2016 and headquartered in Bath, United Kingdom, specializes in manufacturing swappable batteries for bicycles. The company aims to enhance urban mobility by addressing the challenges of charging electric vehicles, which can be cumbersome and costly. Pushme's innovative network of battery swap stations allows local merchants to sell energy, providing cyclists with instant recharging options throughout the city. This approach not only facilitates the use of small, shareable electric vehicles but also promotes a more sustainable mode of transportation. By integrating technology that enables cyclists to convert their pedaling force into electricity, Pushme empowers users to manage their energy costs effectively while reducing cycling fatigue, particularly on long or uphill routes. As a subsidiary of Tier Mobility GmbH, Pushme is part of a broader movement towards sustainable urban mobility solutions.
Pushme
Seed Round in 2018
Pushme Inc., founded in 2016 and headquartered in Bath, United Kingdom, specializes in manufacturing swappable batteries for bicycles. The company aims to enhance urban mobility by addressing the challenges of charging electric vehicles, which can be cumbersome and costly. Pushme's innovative network of battery swap stations allows local merchants to sell energy, providing cyclists with instant recharging options throughout the city. This approach not only facilitates the use of small, shareable electric vehicles but also promotes a more sustainable mode of transportation. By integrating technology that enables cyclists to convert their pedaling force into electricity, Pushme empowers users to manage their energy costs effectively while reducing cycling fatigue, particularly on long or uphill routes. As a subsidiary of Tier Mobility GmbH, Pushme is part of a broader movement towards sustainable urban mobility solutions.
Pushme
Convertible Note in 2018
Pushme Inc., founded in 2016 and headquartered in Bath, United Kingdom, specializes in manufacturing swappable batteries for bicycles. The company aims to enhance urban mobility by addressing the challenges of charging electric vehicles, which can be cumbersome and costly. Pushme's innovative network of battery swap stations allows local merchants to sell energy, providing cyclists with instant recharging options throughout the city. This approach not only facilitates the use of small, shareable electric vehicles but also promotes a more sustainable mode of transportation. By integrating technology that enables cyclists to convert their pedaling force into electricity, Pushme empowers users to manage their energy costs effectively while reducing cycling fatigue, particularly on long or uphill routes. As a subsidiary of Tier Mobility GmbH, Pushme is part of a broader movement towards sustainable urban mobility solutions.
Pushme
Seed Round in 2018
Pushme Inc., founded in 2016 and headquartered in Bath, United Kingdom, specializes in manufacturing swappable batteries for bicycles. The company aims to enhance urban mobility by addressing the challenges of charging electric vehicles, which can be cumbersome and costly. Pushme's innovative network of battery swap stations allows local merchants to sell energy, providing cyclists with instant recharging options throughout the city. This approach not only facilitates the use of small, shareable electric vehicles but also promotes a more sustainable mode of transportation. By integrating technology that enables cyclists to convert their pedaling force into electricity, Pushme empowers users to manage their energy costs effectively while reducing cycling fatigue, particularly on long or uphill routes. As a subsidiary of Tier Mobility GmbH, Pushme is part of a broader movement towards sustainable urban mobility solutions.
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