As more consumer hardware startups crop up on crowdfunding platforms, an accelerator program_HaxAsia_has launched in Singapore to give a helping hand to those focusing on Asian markets. Behind the accelerator is a group of investment firms — Ruvento Ventures, IncuVest, DI-Group_and SpinUp Partners. Slava Solonitsyn, the managing partner_of HaxAsia, says: We’ve seen the explosion of successful crowdfunding launches recently, which brought to the world_great products such as the Oculus Rift and Pebble Watch… However, most of the hardware teams launching crowdfunding campaigns often fail to_communicate their product ideas well, lack the distribution network and underestimate the manufacturing_risks and costs. All...

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