The electronics sector requires substantial capital and specific knowledge for new companies to grow. Accelerators provide this support, helping hardware and software startups get their products to market.

Some firms have a long history of success, like Innovation Works which has backed over 650 companies and seen more than 50 exits. Others, such as Beyond Next Ventures, focus on specific areas and have supported over 100 startups.

Below is our list of the best 15 Electronics accelerators and incubators.

Failory's Top 10 Picks

As one of the most active seed-stage investors in the Pittsburgh region, Innovation Works provides capital and business expertise to startups across a wide range of industries. They help launch and build companies in sectors from software and robotics to life sciences through dedicated programs like AlphaLab and the Robotics Factory.

HeadquartersPittsburgh, Pennsylvania, United States
Year Founded1999
FoundersLisa Greenleaf
Investment AmountAlphaLab/AlphaLab Gear: $100K convertible note + 2% common equity; Robotics Factory: up to $100K
Equity Taken2% common equity + convertible note
Nº of Investments666
Nº of Exits54

Specializing in early-stage ventures, Rose Tech Ventures provides foundational capital to startups across diverse sectors like healthcare, real estate, and software. They focus on empowering founders to build and scale their businesses, boasting a portfolio of 41 investments and 14 successful exits.

HeadquartersNew York, New York, United States
Year Founded2001
Founders—
Nº of Investments41
Nº of Exits14
Highway1 Logo

Highway1 accelerates early-stage hardware startups, providing seed funding and hands-on support to take a product from prototype to production. Their program is tailored for the unique challenges of manufacturing, helping founders bring physical products to market.

HeadquartersSan Francisco, California, United States
Year Founded2013
FoundersLiam Casey, Brady Forrest
Investment Amount$100K or $50K
Equity Taken8% or 5% depending on investment
Nº of Investments83
Nº of Exits13

Focused on the unique challenges of building physical products, Hardware.co runs a global accelerator and community for entrepreneurs in the electronics and computer sectors. They connect makers and industry professionals with the specialized network and resources needed to launch successful hardware startups.

HeadquartersBerlin, Berlin, Germany
Year Founded2013
FoundersYatan Blumenthal, Christoph Fahle, Maximilian von der Ahe, Aydogan Ali Schosswald, Jeff Katz
Nº of Investments68
Nº of Exits4

Beyond Next Ventures champions researchers and entrepreneurs by investing in deep tech startups across the life sciences, healthcare, and AI sectors. The firm's hands-on approach helps these innovators commercialize their research and build businesses that can solve significant global problems.

HeadquartersTokyo, Tokyo, Japan
Year Founded2014
FoundersTsuyoshi Ito, Tsuyoshi Ito
Nº of Investments116
Nº of Exits3
VIVE X Logo

6. VIVE X

As the global accelerator from HTC Vive, VIVE X propels the growth of startups building the future of virtual and augmented reality. The program provides founders with strategic investment and unparalleled access to the Vive ecosystem, helping them create new applications in sectors like entertainment, enterprise, and healthcare.

HeadquartersSan Francisco, California, United States
Year Founded2016
FoundersMarc Metis, Alvin Wang Graylin, Raymond Pao, Cher Wang
Nº of Investments39
Nº of Exits2
Duration (Weeks)16

Alphawave Group operates as a technology investment group, specializing in finding and nurturing businesses within the information and communication technology sector. They partner with established entrepreneurs who have proven products, providing the capital and strategic guidance needed to grow their companies.

HeadquartersStellenbosch, NA - South Africa, South Africa
Year Founded1995
FoundersGronum Smith, Frans Meyer
Nº of Investments17
Nº of Exits2

As a joint initiative between the U.S. Department of Energy and Israel's Ministry of Energy, BIRD Energy funds collaborative projects between American and Israeli companies. The foundation aims to accelerate the development of renewable and alternative energy solutions by supporting joint ventures in fields ranging from agriculture to advanced electronics.

HeadquartersTel Aviv, Tel Aviv, Israel
Year Founded1977
Founders—
Nº of Investments15
Nº of Exits2

The Hartnett Enterprise Acceleration Centre nurtures knowledge-based enterprises from a wide range of sectors including ICT, medical devices, and biotech. They provide a supportive environment and critical resources to help early-stage companies commercialize their innovations and scale their businesses.

HeadquartersLimerick, Limerick, Ireland
Year Founded—
Founders—
Nº of Investments51
Nº of Exits1

The Great Lakes Innovation and Development Enterprise (GLIDE) helps Northeast Ohio entrepreneurs turn innovative ideas into successful businesses. They provide a comprehensive set of services, including business assistance and access to capital, primarily for technology-based startups in sectors like bioscience and IT.

HeadquartersElyria, Ohio, United States
Year Founded2001
Founders—
Nº of Investments2
Nº of Exits1

5 Additional Electronics Accelerators and Incubators Worth Applying To

The programs we've highlighted are just the beginning. Plenty of other accelerators are backing founders in electronics, collectively investing in almost 150 startups across the US and Europe.

Each one offers something different for founders building hardware companies. Take a look at the other programs helping bring new electronics products to life.

Accelerator/IncubatorCountryYear FoundedNº InvestmentsNº Exits
mHUB logo mHUBUnited States201757—
PhotonDelta logo PhotonDeltaThe Netherlands201815—
Tampa Bay Innovation Center logo Tampa Bay Innovation CenterUnited States200327—
Southeast TechInventures logo Southeast TechInventuresUnited States2003——
FONGIT Innovation Fund logo FONGIT Innovation FundSwitzerland202149—