1H 2018: The State & Trends of Hardware Tech

HAX Team
HAX ⚡
Published in
2 min readSep 23, 2018

The past year has been very active for hardware. With advancements in deep tech and automation, connected technology in healthcare, homes and offices, hardware is changing the way people experience — and improve life in — the world around them.

But a lot can happen in a year. Almost too much — which is why we’re releasing our industry report in waves this year. Welcome to the 1H 2018 edition.

Download a full copy of the report at https://hax.co/hax-hardware-review-1h2018/

What’s New? A Lot

This year was incredibly active in the world of hardware. This report is a summary of news in the industry; new movements we saw in working with startups; and some of our thoughts about the year ahead, including:

  • Overall hardware M&A and IPO activity across consumer, health, enterprise, and industrial markets
  • How technology can drive growth through productivity — from agriculture and manufacturing to construction and mining
  • Consumer: State of hardware investments and why companies should be cultivating alternative revenue streams to succeed
  • Health: What’s the impact of decentralized diagnostics, and the rising wave of data coming from sensor-enabled devices, mean for our future health?
  • Enterprise: How B2B can leverage IoT and connected tech to improve efficiency in agriculture, construction, mining, transportation, and energy
  • Industrial: A look into what’s driving change in the world of manufacturing and the future of robots-as-a-service

As early-stage investors, we see new technologies ahead of others, which is why for this edition, we also included an inside look at some of the latest innovation being developed by startups at HAX.

Is That All?

Nope. Not in the slightest. In the coming weeks, we’ll be expanding on individual areas within the report (subscribe to our Medium channel to stay in the loop and be notified of the latest updates).

Can’t wait? Dive in and download now: https://hax.co/hax-hardware-review-1h2018/

Acknowledgements: The authors would also like to thank the hundreds of startup founders we work with, our analyst and creative teams for continuing to take this report to new levels, and the many people who are part of the hardware revolution.

About HAX — Program-Based Venture Capital for Hardware

HAX runs a hands-on program to support the companies we invest in. Our offices are strategically located in Shenzhen and San Francisco, the most important ecosystems for hardware entrepreneurs.

To date, HAX has invested in almost 200 companies. Those include consumer tech, healthcare, enterprise IoT, industrial robotics and advanced manufacturing technology.

HAX is part of SOSV, a global early-stage fund with $300M AUM.

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Written by Rhianna Richards.

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HAX Team
HAX ⚡

Program based Venture Capital for Hardware.