Elev X!

Elev X! is a venture studio program that exists to bring your ideas to fruition faster and with higher quality. The program provides funding, mentorship from industry leaders, and MOST IMPORTANTLY, our globally top competitive technology and human resources of researchers with entrepreneurial spirits.

Two ways to support depends on your phase.

Elev X! Ignite

Shape your ideas into business together with us

Customer Discovery

Customer Validation

Launch

For entrepreneurs and founding teams in the ideation or prototyping phase
6-9 months intensive program of Customer Discovery and Validation
We become your co-founder and first investor to create a scalable product from ideation to seed-ready startup

Elev X! Boost

Enhance your team and scale your business

Product Development

Launch

For pre-seed and seed startups looking to scale their product
3-6 months custom program to validate a strong product-market fit
We support product development and business scale with top technology researchers

What We Provide

Technology

World-class technology including AI/ML, analytics and more
Collaboration with NEC researchers

Product Engineering

Product development and engineering resources available

Funding

Up to $400k for up to 25% equity *Deals may vary
In-kind investment for business and product development

Network

Access to the network of ecosystem partners such as Alchemist Accelerator, SVG Ventures | THRIVE and NEC group companies

Hands-on Support & Mentorship

Co-working with experienced innovators
Mentorship by industry experts

Workshops & Learning Contents

World-class coaches and industry leaders
Structured online sprint with domain experts and technical researchers

Our Team

Shintaro Matsumoto

President & CEO

Naoto Mizuguchi

CFO

Nobu Morita

Director of Innovations

Ryo Kaneko

Director of Innovations

Ryoko Hirano

Director, Venture Studio and Marketing

Shayan Ali Bhatti

Engineering Project Manager

Alfonso Samano

Product Manager Lead

Mai Takeuchi

Program Manager, Venture Studio and Community

Portfolio

FAQ

Q

Can we pitch the idea we have already been working on?

A

We offer hybrid programs. Most of the group sessions and daily communications are virtual. However, some important workshop sessions are scheduled to be in-person in the San Francisco Bay Area.

Q

Can we pitch the idea we have already been working on to apply for Elev X! Ignite?

A

Yes, during the application process, we will inquire about the current status of your idea and determine the best path forward if you are accepted.

Q

We are raising a Series A round. Can we join Elev X! Boost and license NEC's technology?

A

It really depends on a variety of factors. We are open to discussing your individual situation.

Q

Do you focus on a specific industry?

A

No, we are industry agnostic. However, we possess greater expertise in agrifood, public safety, and enterprise software solutions, especially in marketing and advertising.

Q

Do you focus only on enterprise / B2B?

A

No, we are open to both B2B and B2C ventures. However, in our past batches, we've seen more B2B businesses selected and succeeding within a short timeframe.

Ready to get started?

Stay Tuned

Elevate Your Startup Ideas into a Tech-Charged Explosive Trajectory!

Where Your Ideas Meet Groundbreaking Technology

Elev X!

What We Provide

Our Team

Portfolio

FAQ

Ready to get started?