We at Hexa are thrilled to share that we've secured €20 million in funding to significantly increase our startup launch rate. Currently launching around six companies per year, this investment will accelerate our efforts, empowering even more entrepreneurs to create outstanding companies.
We're in the business of partnering with people for whom launching a company isn't just a choice, but a calling; people who will create their company one day, with or without us. After 40 companies, 80 founders, many resounding successes, a few failures, and a variety of outcomes in between, we’ve been around long enough to know that it’s what makes an exceptional founder.
While some might argue that now isn't the ideal time to launch a tech startup, at Hexa, we beg to differ. This year, we’re introducing our largest ever batch with six companies in total: Tengo, Riverflow, RingX, Okko, Catalog, and Kiosk.
It’s impossible to pin down what a good product development process looks like. Depending on the type of product, the origin of the idea, your resources, and countless other factors, every journey to a great MVP can look vastly different. And if we did try to pinpoint it, it would turn into a thesis rather than a blog article.
Many founders are starting to feel the consequences of the timid funding climate and are increasingly wondering how they’re going to be able to continue to fund their startup with VCs looking the other way. The future of their company is at stake, and they face potential risks of having to fire sale the company they have spent a part of their life building.