12
UP TO $1 MILLION SGD 90 DAY ACCELERATOR PROGRAM FOR HARDWARE 2.0 STARTUPS LAUNCHING VIA CROWD FUNDING FROM SINGAPORE HAXASIA

Hax asia presentation public

Embed Size (px)

DESCRIPTION

HaxAsia. Up to $1 MILLION SGD 90 DAY ACCELERATOR PROGRAM FOR HARDWARE 2.0 STARTUPS LAUNCHING VIA CROWD FUNDING FROM SINGAPORE

Citation preview

Page 1: Hax asia presentation public

UP TO $1 MILLION SGD

90 DAY ACCELERATOR PROGRAM

FOR HARDWARE 2.0 STARTUPS

LAUNCHING VIA CROWD FUNDING

FROM SINGAPORE

HAXASIA

Page 2: Hax asia presentation public

HARWARE 2.0 REVOLUTION

IS ALREADY HAPPENING AND

OLD GUYS ARE NOT PART OF THE GAME

Page 3: Hax asia presentation public

Hardware 2.0: New landscape shaped and disrupted the way hardware products delivered

Changed the way how customers endorse

product ideas and how projects get funded

Changed the way how products are designed

and tested

Changed the way how hardware products work.

Hardware 2.0 is about connected, social and cool things distributed online.

Page 5: Hax asia presentation public

WE LAUNCH ACCELERATOR PROGRAM

FOR HARDWARE 2.0 STARTUPS

THAT NEED HELP BEFORE

GOING ON CROWDFUNDING

Page 6: Hax asia presentation public

HAXASIA targets hardware teams that need money before showing “the thing” to customers

Bootcamp in Singapore – finish the prototype

Development of commercial

proto, shooting crowdfunding

video

Pre-launch marketing.

Media coverage. Demo events.

Launch of crowdfunding

campaign in the USA. Follow-on

funding

Customers want to see slick and nice product with real use-cases on your crowdfunding video

Team needs to develop high-quality industrial design and functional commercial sample

Good product video takes money and expertise Media coverage is essential for your campaign,

but media people wanna see it working We give money and help deliver all these & more If team hits target, we give up to 1 mln SGD

(800K USD) to deliver product to mass run

2 months 1 month

Page 7: Hax asia presentation public

People who execute the programSlava Solonitsyn, GliderSenior biz development positions in Russia and Singapore. More recently Managing Partner of Ruvento and CIO of Skolkovo Foundation. MBA from Imperial College (London), MSc in Physics.

Gene Berger, ConnectorInvested in several gaming startups at IDM Venture Capital. Serves on boards of Playfast and Cyberplat. Previously, had executive positions with Gigaphone Technologies. HSBC etc. Based in the USA.

Match startups with US cofounders, marketing in the

USA

Source the best deals and incubate them in Singapore and

ShenzhenAlex Toh, Smart guySerial entrepreneur. Sold his company to Israeli corporation Top Image System. Expertise in data analytics and image processing. Vice Chairman, SITF Wireless Chapter. Graduate of NUS, School of Computing.

Partnership programs, strategic mentorship

Serial hardware entrepreneur and investor

We believe that hardware is the next big trend that will change the way we see, touch, do things altogether

Dmitry Starodubtsev, Smart guyBuilt hardware business in Russia that became market leader in segment of vending machines. Invested in several hardware startups. Previously, co-founded 3dbin.com – startups that developed unique 3D-photo mapping tech for ecommerce.

Page 8: Hax asia presentation public

Palmer Luckey, Founder of Oculus, consumer-priced virtual reality headset. Entrepreneur who raised Raised $2.3 mn on kickstarter, $15M from VC. An engineer at the USC's Institute for Creative Technologies, Included in Forbes Under 30. Smart guy who agreed to help us .

Advsors who help build exposure in the USASean Kauppinen, Gaming execFounder and CEO of international Digital Entertainment Agency, Previously with Sony Online Entertainment, UbiSoft. Board member at gaming conferences GDC, GCDC, SXSW, GCAC.

Brock Pierce, Angel investor • Best known for pioneering the

market for virtual currency (Wired and Venture Beat refer to Pierce as the“Godfather of Virtual Currency”).

• A 10x entrepreneur, raised more than $200M on behalf of his companies, and has acquired more than 30 businesses

• Well-connected with angel community in the Valley

Benjamin Levy, Partner at Bootstrap LabsPartner of Valley-based incubator that assisted Prezi in getting their way to market. Responsible for go-to-market strategy, strategic partnerships and fund raising. Previously worked on executive positions in financial industry.

Page 9: Hax asia presentation public

A few VC and seed firms teamed up to make the accelerator program happen

Ruvento Ventures has established investor in core-technology startup, with large focus on tech teams originating from

Russia/CIS and incubated in Singapore.

Bootstrap Labs is Silicon Valley-based accelerator and seed capital firm that incubated Prezi and some other well-

know companies

IncuVest is a group of successful serial and corporate entrepreneurs with experience starting, building, and operating valuable

companies. IncuVest’s primary focus areas include the Retail and Lifestyle, Healthcare and

Education, and Financial Services.

DI-Group is investor into hardware startups with competencies in complex machineries, robotics,

precision engineering and medical technologies.

Page 10: Hax asia presentation public

The program starts in Singapore and follows on in Silicon Valley

Pre-launch bootcamp in Singapore

Who qualifies

Hardware 2.0 startup that has at least functional prototype

Milestones

1. Developing commercial sample and use -cases

2. Recording crowdfunding video3. Pre-marketing and cases

validations4. Team building

Length 1-2 months subject to achieving milestones

Who does Ruvento team with support of Incuvest team

Funding Up to 30K SGD

Go-to-market bootcamp in the USA

Who qualifies

Startup team that has successfully delivered milestones in Singapore (8 out of 10 startups)

Milestones Reach crowdfunding target

Length 1 month subject to achieving milestones

Who does BootstrapLabs with support of Ruvento team.

FundingUp to 20K SGD for bootcamp. Up to 1M SGD in case of hitting crowdfunding target

Prototype and use-case

Commercial sample

Prelaunch marketing

Crowd-funding

Page 11: Hax asia presentation public

02.20143/2013

Executon Plan : we started already

05.2014 08.2014

Bootcamp in Singapore

First applications

Preparation of the program

Bootcamp in the USA

First external rounds raised

Active Investment cycleProgram Launch New Cycle

Securing funding

Securing partners

First crowdfunding campaigns

First follow-on funding

Second batch

Securing mentors

Page 12: Hax asia presentation public

How we can help you take off

Help bring product from functional prototype to commercial sample

Marketing for your crowdfunding campaign: video, media coverage, events, existing mail list of 10,000+ people

Exposure to investors community in Singapore and Silicon Valley

More funding if you validate the market case Application deadline – 15th January ‘14 Start of program – 15th February ‘ 14

HARDWARE 2.0 REVOLUTION IS HAPPENING.ARE U READY TO RIDE THE WAVE?