The PCH-owned incubator will invest $50,000 in each successful graduate, and has increased the size of its class from 10 to 15.
US-based hardware incubator Highway1, backed by Ireland-based consumer product manufacturer PCH International, has announced the opening of its latest application round, with space for 50% more hardware start-ups than last year.
Highway1 will invest $50,000, $30,000 more than it did for the first round of applications in 2013, in exchange for an equity share in each graduating startup. It is also relocating the incubator to specifically increase the size from 10 to 15 startups. Companies will need to submit their…
