New space will give startups access to social, intellectual, and financial capital in two major power hubs
FOR IMMEDIATE RELEASE
April 29, 2015
Washington, D.C. – 1776, the global startup incubator and seed fund, today announced it is expanding to San Francisco and acquiring Hattery, a shared work studio for startups focused on design and culture. The expansion connects two of the world’s most powerful cities, accelerating 1776’s goal of building a global network of startups that are solving challenges that affect millions of lives.
“The opportunity to bring Hattery and 1776 together to build a bridge between San Francisco and Washington is an important step as we build a truly global network that supports startups from around the world focused on driving innovation that matters,” said 1776 co-founder Donna Harris. “Washington, D.C. is home to the world’s most important leaders, and San Francisco is the heart of the startup movement. By combining the resources, networks, and intellectual capital of both cities, we’re in a stronger position than ever to identify, grow, and scale startups that can change the world.”
As part of the deal, Hattery’s team will continue to support residents and build their community while 1776 invests in helping them expand services for Hattery residents. Hattery leadership Josh Mendelsohn, Joshua To (Google), and Luis Arbulu (Samsung) will be joining 1776 as long-term strategic advisors.
1776 will continue to operate Hattery as an independent community for the foreseeable future. 1776 members will have access to Hattery’s workspace and its network as a connection point into Silicon Valley, while Hattery residents will have access to the 1776 network to help build their businesses, particularly with 1776’s deep connections and expertise in complex, regulated sectors like education, health, energy, transportation, smart cities, and more.
Over the next year, 1776 will develop a new line of programming and offerings to bring 1776’s global network of experts in regulatory hacking—as well as industry expertise in 1776’s core areas—to startups in the Bay Area that are focused on creating change in highly regulated industries.
“We’ve watched 1776 grow and evolve into a global player over the last two years, promoting startups that are tackling important challenges around the world, then helping them grow and scale,” said Hattery Co-Founder Josh Mendelsohn. “This new, bi-coastal collaboration will allow San Francisco startups to access 1776’s network of experts while giving 1776’s global network of startups increased visibility and access to resources in the Bay Area. It’s a win-win for those of us who believe the tech community can and should be a force for good.”
“1776 is building a vibrant community of startups, mentors, corporations, policymakers, and investors in Washington, D.C., but to be truly successful, we need to open these resources to innovators throughout the world,” said 1776 co-founder Evan Burfield. “Today’s announcement is an exciting opportunity to leverage the resources and assets of two of the world’s most important cities—opening connections to the capital and influence in Silicon Valley while ensuring startups have the tools they need to cut red tape and accelerate growth in highly regulated areas.”
Today’s announcement follows 1776’s announcement earlier this month of the acquisition of Disruption Corporation, founded by Paul Singh. Through this acquisition, the Disruption team and its technology are being integrated into the 1776 platform, enabling 1776 and its partners to deliver unique insights and connections directly to the world’s most promising startups. 1776 also assumed ownership of a campus just blocks from the Pentagon, further unlocking the powerful connections that exist in the Washington, DC region.
1776 is a global incubator and seed fund that finds promising startups focused on solving the world’s most fundamental challenges and helps engineer their success. 1776 focuses on startups in the most broken, entrenched industries and sectors that impact millions of lives every day—specifically education, energy & sustainability, health, transportation, and cities.
Because solving big challenges in entrenched industries requires a different approach, 1776 is revolutionizing the startup landscape. From its hub in Washington, D.C., and recent expansion into Crystal City, it is sparking a global movement of “problem-solving’ startups through its Challenge Cup and Startup Federation, the premiere network of incubators throughout the world.
1776 was founded in February 2013 by Donna Harris, a serial entrepreneur and the former Managing Director of the Startup America Partnership, and Evan Burfield, founder of netDecide, a provider of enterprise wealth management solutions, and the consulting firm Synteractive.
Hattery is a shared work studio in the heart of San Francisco’s SoMa neighborhood. It is home to a wide range of entrepreneurs building products and businesses that promise to make a positive impact on people’s lives in areas such as energy, education, healthcare, agriculture, finance, and smart cities. United by a common goal to make the world better, designers, venture capitalists, developers, craftsmen, and strategists work to solve the challenges facing this generation and the next. Hattery supports members through a variety of resources such as a hardware prototyping lab, an in-house kitchen and culinary program, and educational events. A number of successful companies and investors have launched from Hattery’s collaborative and connected environment.
Hattery was founded in 2011 by three colleagues who met at Google. Josh Mendelsohn is a serial entrepreneur and venture investor, as well as a co-founder of Engine, a startup advocacy and research organization. Joshua To is an award-winning designer who has founded several startups and nonprofits, including Brute, and leads a user experience team at Google. Luis Arbulu, a veteran of some of Silicon Valley’s most beloved companies, is currently director of strategic investments at Samsung’s Open Innovation Center. Hattery Labs, the investment firm and design consultancy that was originally built within Hattery, was sold to Google in late 2013.