Predict your next investment

Incubator/Accelerator
nextfab.com/grow/accelerator

See what CB Insights has to offer

Investments

18

Funds

1

About RAPID Hardware Accelerator

RAPID Hardware Accelerator, launched by NextFab, is a twelve-week program focused on helping hardware entrepreneurs jump-start their business by providing them with hands-on technical and business consulting. In addition to access to state‐of‐the‐art equipment, software, and training, NextFab will invest up to $25,000 in each of the four accepted teams.

RAPID Hardware Accelerator Headquarters Location

2025 Washington Ave.

Philadelphia, Pennsylvania, 19146,

United States

215-921-3649

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest RAPID Hardware Accelerator News

Meet the 4 startups chosen for NextFab's RAPID Hardware Accelerator - Technical.ly Philly

Apr 11, 2017

Gear at NextFab. (Courtesy photo) NextFab just announced the companies that make up the 2017 spring cohort of its RAPID Hardware Accelerator . What was the first thing we noticed? They’re all related to the healthcare and life sciences space. Just happenstance, says the makerspace’s president Evan Malone .”We had 27 applicants representing a broad array of product ideas, but these 4 rose to the top through our selection process.” Though some may associate NextFab with consumer products (like that snow shovel that got onto QVC ) or tech workshops , the company has had connections with the healthcare/life sciences space. Last fall, it offered participants at the  Independence/Jefferson Health Hack  access to its equipment to work on their ideas. For the first time , the program is investing $25,000 in the chosen companies through a  SAFE agreement (a concept developed by YCombinator), which allows no equity to be taken initially. Once the company raises an equity round of financing, the investment turns into equity. Companies will also receive free office space, credit toward classes and opportunities for follow on investment. Here are the cohort companies: Blue Dragon Bioimaging : The makers of “high performance, low-cost, and space saving” research microscopes. Circalux : Developing a portable circadian-friendly light to reduce sleep disruption and improve patient outcomes. Strados Labs: Helping patients and care providers better manage the day-to-day challenges of living with chronic asthma through a wearable device and app combo. (Check back soon for more on Nick Delmonico’s startup, which also won some cash at WeWork’s Creator Awards .) Vibrating Therapeutic Apparel (VTA): Developing sleeves that use vibration therapy to help people with amputated limbs find relief from phantom limb pain. Founded by a University of Delaware track star who’s won many a pitch competition . “We are working with the four finalists that didn’t get selected to help them prepare even stronger applications for the next RAPID cohort starting this fall,” said Todor “Ted” Raykov, NextFab Venture Services Manager. “It was a tough decision, because all of the finalists are working on exciting projects that could have a positive impact on our society.” Advertisement -30- Roberto Torres became Technical.ly Lead Philly Reporter in May 2016. Prior, he was a freelance contributor to Technical.ly and Al Dia News. The native Venezuelan moved to Philadelphia in 2015 after reporting on research at his alma mater, the University of Zulia. Whenever he's not fencing deadlines, he can be found standing in line at Overbrook Pizza in West Philly, running Netflix/Hulu marathons with his wife or reading news from Venezuela.

RAPID Hardware Accelerator Investments

18 Investments

RAPID Hardware Accelerator has made 18 investments. Their latest investment was in H2Only as part of their Seed on April 4, 2019.

CBI Logo

RAPID Hardware Accelerator Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/26/2019

Seed

H2Only

$0.02M

Yes

1

4/26/2019

Seed

SOLUtion Medical

$0.02M

Yes

1

4/26/2019

Seed

Outland Analystics

$0.02M

Yes

1

4/26/2019

Seed

Subscribe to see more

$99M

Subscribe to see more

10

4/26/2019

Seed

Subscribe to see more

$99M

Subscribe to see more

10

Date

4/26/2019

4/26/2019

4/26/2019

4/26/2019

4/26/2019

Round

Seed

Seed

Seed

Seed

Seed

Company

H2Only

SOLUtion Medical

Outland Analystics

Subscribe to see more

Subscribe to see more

Amount

$0.02M

$0.02M

$0.02M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

1

1

10

10

RAPID Hardware Accelerator Fund History

1 Fund History

RAPID Hardware Accelerator has 1 fund, including RAPID Hardware Accelerator Follow-On Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

RAPID Hardware Accelerator Follow-On Fund

$0.1M

2

Closing Date

Fund

RAPID Hardware Accelerator Follow-On Fund

Fund Type

Status

Amount

$0.1M

Sources

2

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.