SBXi backs MIT founders.
- SBXi is jointly sponsored by nine firms.
- We offer equity funding for MIT founders who are working on a term sheet with a lead investor.
- SBXi will match the terms of the lead investor with checks of $100K – $1M.
Teams seeking funding from SBXi can fill out the brief application form below. We will follow up with eligible teams by email within a couple days.
Priced rounds are equity investments based on a negotiated valuation of a company. After agreeing on your company’s valuation, an investor gives you money in exchange for preferred stock in your company at a price per share determined by the valuation.
If you’re looking for something smaller and earlier, check out our sister fund for SAFEs with fast turnaround: 77.xyz.
Funding from SBXi is available to startups with an MIT graduate on their founding team. We are a fit for teams who have engaged with a lead investor. We will match their terms with checks of $100k-$1M.
A term sheet typically includes conditions for financing a startup company. It is customary to begin the negotiation of a venture capital investment with the circulation of a term sheet.
If you’re not quite at this point yet, visit our sister fund, 77.xyz, for SAFEs with superfast turn-around times.
We typically write checks of $100K – $1M, matching the terms of your lead investor.
After we meet you, we conduct diligence and coordinate a time for you to pitch the SBXi sponsors. After the pitch, we will return a timely investment decision. On average, this process takes a couple weeks.
Eligible teams have an MIT graduate — from any school or program — on their founding team.