Wired is writing about The Chinese firm accelerating hardware, not software at
http://www.wired.co.uk/magazine/archive/2016/04/features/hax-hardware-accelerator-china
In four years, HAX has invested in 100 companies after vetting what general partner Benjamin Joffe says are 1,000 startups a year.
“It’s an investment company that functions as a hardware accelerator,” explains Joffe. “We help them manufacture at scale. Then we launch.”
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