Chicago · Seed–Series A
Not to be confused with mHUB (Accelerator · Chicago, US)
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Investment thesis
mHUB operates as an innovation center focused on hardtech and physical product development. It runs hands-on accelerator programs (including Energy Tech, MedTech, Sustainable Manufacturing, and a Compute-Energy Nexus accelerator), membership and prototyping lab access, R&D services, and corporate innovation partnerships. Through its venture capital arm, mHUB invests in seed and early-stage physical product and hardtech startups aiming to advance disruptive technologies. As a nonprofit, it also relies on philanthropic support to expand programs, capabilities, and infrastructure. Its startup community has collectively raised over $2.33B in capital, launched 1,852 products, been awarded 627 patents, generated $2.25B in revenue, and hired 7,251 employees.
Source: firm website, verified Sep 27, 2026.
Portfolio companies · 3 tracked
alumni founders can tell you what the program is really likeHardware privacy company; member testimonial from founder Richard Stokes.
Chicago, US
RICHARD STOKES(Executive Officer, Director)in
Co-investorsConnetic VenturesFounder EquityM25New Stack VenturesRefinery Venture
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
ARKE GLOBALCuriva
Frequently asked questions
- What stage does mHUB invest at?
- mHUB invests at the Seed, Series A stages.
- What is mHUB's typical check size?
- mHUB typically writes checks of $200K.
- What sectors does mHUB focus on?
- mHUB focuses on Advanced Manufacturing, Climate Tech, Consumer, Crypto & Web3, Deep Tech, Energy, Fintech, Hardware, IoT, Medical Devices, SaaS.
- Where is mHUB located?
- mHUB is headquartered in Chicago, US.
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