Raising money for hardware companies is a bit more difficult than for software/web service startups. We provide every team with enough capital to get through the program.
Bolt has teamed up with an army of service providers, tooling manufactures and component suppliers. We offer deep discounts on their offerings to all teams during the program.
When it comes to manufacturing a physical product, cash flow is critical. Bolt provides access to lines of credit to reduce the amount of capital required to get to market.
Bolt has built a select community of angel investors and mentors that are excited about hardware. Many have built big physical product businesses. All of them are looking for companies to invest in.
Our team has designed & manufactured millions of units of product. We'll help you start thinking about DFM (design for manufacturability) & DFA (design for assembly) from day one so you can minimize tool-up time.
Finding the right contract manufacturer can mean the difference between a successful product and a disaster. We'll introduce you to the right factories and help you ensure they can build your product.
Few first-time hardware startup teams realize the importance of quality control during the manufacturing process. Our team will show you what to look for and how to fix issues as they come off the assembly line.
Raising institutional capital can be a critical part of the commercialization path for certain products. Accepted teams get continual insider feedback and introductions from a veteran VC.
Sometimes raising a big seed round or series A doesn't make sense. If you'd rather license your product, we help create the relationship and provide on guidance on reasonable NRE/royalty terms.
Crowdfunding is great for marketing and financing, but it can be dangerous if not done correctly. Our team has worked with some of the biggest crowdfunded products like Pebble and Romo.
Selling direct to consumers can be a great way to ship those first few units, but getting into retail stores is critical for consumer product success. We'll introduce you to buyers and help get you shelf space.
Ideal Bolt applicants are:
For 2013 Program:
Accepted applicants receive: