Volta Resident Accepted Into International Accelerator
Axem Neurotechnology, a Halifax-based hardware startup developing brain-sensing technology to improve physical rehabilitation and sports performance, recently announced that the startup was accepted into the HAX Accelerator in Shenzhen, China.
“Working at HAX means we will develop our prototype more quickly and move towards being ready for manufacturing,” said Chris Friesen, Co-founder and CTO of Axem. “The goal is to come out of HAX with a prototype ready for beta testing with our early adopters that include clinicians as well as professional and Olympic sports organizations.”
HAX is the world’s first and largest hardware accelerator. Backed by SOSV, a global capital fund with $300m under management, HAX offers successful applicants seed funding, mentorship, shared office and lab space, as well as staff to help with design, sourcing and more.
“As first-time founders with a talented but young team, we’re excited to rub shoulders with some of the most knowledgeable people in the hardware space,” said Tony Ingram, Co-founder and CEO of Axem. “The opportunity will increase our capacity to build this business when we return to Halifax.”
Axem was founded by Tony Ingram and Chris Friesen, two PhD Neuroscience students from Dalhousie University. This announcement marks an exciting start to 2018 for Axem, as they build on momentum gained in 2017. Late last year, the startup was awarded $50,000 as winners of Innovacorp’s Spark Innovation Challenge. Axem also joined Volta Labs as a Resident Company in September 2017.
“Volta has provided us with an ideal work environment for the stage we are at,” said Friesen. “Tony and I have been able to meet other founders, both experienced and inexperienced, and we’ve learned a lot from the community.”
For more information about Residency at Volta, visit voltaeffect.com/residency.
About Axem Neurotechnology
Axem Neurotechnology is bringing cutting edge neuroscience out of the lab and into people’s hands.
Their first product under development is a brain-sensing wearable for applications in rehabilitation
and sports. You can follow Axem’s development at axemneuro.com.
About HAX
HAX is the hardware arm of SOSV, a global fund with $300m under management. Offering an
international, multi-stage program in Shenzhen and San Francisco – a complete ecosystem for
hardware-enabled startups – HAX is recognized as the world’s most active early-stage investor
for hardware. For more information, please visit hax.co.
About Volta Labs
Volta is a vibrant super hub for tech companies, 700 network members, and corporate
innovation partners, located downtown Halifax, Nova Scotia. Volta provides world class
mentorship and support to new and growing startups and is a place where they can learn from
each other, grow their companies and expand to global markets. More information at
www.voltaeffect.com.