In September of 2021, more than a year ago, HAX, part of Princeton-based global venture capital firm SOSV, announced that it would build a state-of-the-art facility in Newark.
The new space’s purpose is to “double down on HAX’s work with founders in industrial, healthcare and climate technology,” according to a recent announcement.
HAX is a tech startup development program focused on companies that are building so-called “hard tech” solutions that require major efforts in science and engineering, as well as shop and lab equipment to take their solutions to the point of commercialization.
SOSV’s partner in the five-year, $50 million Newark project is the New Jersey Economic Development Authority (NJEDA), which, like SOSV and HAX, is committed to the rapid reindustrialization and decarbonization of the United States.
In fall of 2022, HAX announced…
