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Hardware is HOT! Investments in hardware companies increased from $1.3 billion in 2010 to $2.6 billion in 2014. Acquisition deals and IPOs are also very active. Nest’s acquisition ($3.2 billion) and the GoPro ($2.9 billion) and Fitbit ($3.7 billion) IPOs got the whole world excited about hardware again.

Hardware might look exciting from the outside, but for entrepreneurs, getting an innovative hardware product to market is still extremely hard. Mass manufacturing is one of the most challenging aspects of the early stages of hardware ventures. A hardware accelerator like Highway 1, a PCH company, can help a startup clear many of the hurdles that lie along the road from prototype to mass manufacturing.

“I’ve seen very active hardware and Internet of Things (IoT) communities in London. The IoT London meetup has over 5,000 members, and the Hardware Startup Lab meetup has over 1,200 members. Entrepreneurs’ interest in hardware ventures is obvious”, said Josh Liu, co-founder of HardwarePro (http://www.hardwarepro.co/), a hardware seed investment firm that aims to connect manufacturing and funding resources in Asia to early-stage hardware companies in Europe.

“In Europe, we have numerous talents and a large market. Can we tap into manufacturing resources in Asia in the same way that Silicon Valley has to help European hardware startups?” said Liu. “I am so excited that leading hardware engineering firms PCH and Dragon Innovation have agreed to participate in the LaunchPad programme and help European startups”.

HardwarePro LaunchPad, a two-day hardware startup acceleration programme, is HardwarePro’s first initiative aimed at bringing leading partners in hardware services and investment to London. “We need a better ecosystem for hardware startups. That is why all of our partners are coming out to support European startups. Once we build a better ecosystem, entrepreneurs, investors and service providers will all benefit”, said Liu. “We are excited to have support from amazing partners like Microsoft, HP, InvestHongKong, and Indiegogo. Our partners are all contributing to help startups succeed”.

Unlike other programmes, HardwarePro LaunchPad doesn't require any equity or charge any fees; the programme is free for startups that are selected for participation. The programme will take place in London on 27 and 28 July, and it will be packed with talks, mentoring sessions and a mini demo day. If you are an ambitious hardware startup founder, apply to participate now! Application opens until 16 July, 2015 (http://launchpad.hardwarepro.co/)

For more information, please contact:
Josh Liu: Co-founder/Director at HardwarePro
www.hardwarepro.co
josh@hardwarepro.co; +44-747-301-9791

This press release was distributed by ResponseSource Press Release Wire on behalf of HardwarePro in the following categories: Consumer Technology, Business & Finance, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.