Many technology investors avoid hardware startups, fearing high costs, manufacturing headaches and distribution problems. A new hardware startup accelerator, HAXLR8R (“Hack-celerator”), is building on technology advances and the “maker movement” and hoping to change that.
The firm describes itself as the first seed-stage accelerator for hardware startups. In order to make it easier for hardware startups to develop, the 111-day program was based in Shenzhen, China so that the companies could get their prototypes quickly built while working closely with manufacturers.
To read the full, original article click on this link: Building On Maker Movement, Hardware Startups Pitch At HAXLR8R Demo Day - Forbes
