MIT Lite FAST

Win $50K - $100K for your startup

For Founders who are students, faculty or alumni of MIT.

  • Uncapped SAFE

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  • No idea is too early

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  • Apply by Nov 11th, 11:59pm PT

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To apply for MIT Lite FAST, create and submit a BriefLink.

Paste & submit the link to your BriefLink here

This FAST funding window is open from now until November 12th. The sooner you apply, the sooner you get funded.

How FAST Works

FAST helps MIT Founders get their startups off the ground, and begin a long term relationship between you and NFX.

  • All applicants get feedback, no Founder is left ghosted
  • Most founder friendly investment terms out there: Uncapped SAFE, no discount
  • Private and simple application process
  • Opportunity to pitch live (and privately) to NFX partners in the final round
  • Winners will get the chance to pitch the NFX Partnership for a pre-seed/seed round when ready

What types of businesses are most likely to win NFX FAST?

No idea is too early. NFX FAST is targeting pre-seed and seed stage companies that have raised less than $2M of funding.

NFX invests in a broad range of sectors including AI applications, Marketplaces, Fintech, Proptech, Games, Networks, Computational Biology, Climate, Consumer, B2B, SMB software, enterprise software, etc. See our existing portfolio to get a sense.

Like all investors, we have investment preferences and areas of focus that you should know about. For instance, we strongly favor companies that can have network effects (NFX).

We don't focus on these sectors: semiconductor, medical devices, pure pharma, pure hardware, and network devices.

FAQ

What does FAST stand for?

How do I apply?

Who sees my application?

When will the winners be announced?

How can NFX invest so quickly?

What is the prize?

What are the terms of the prizes?

Who can apply?

Am I too early to apply to FAST? Should I wait until I have more traction?

Will there be another FAST in the Spring?

Who can I reach out to if I have additional questions?

About NFX

NFX is the largest pre-seed and seed fund in the world with $450M in its latest fund. We have invested in 250+ companies including Trulia, Lyft, DoorDash, Poshmark, Honeybook, and Patreon, and been the first investor in standout companies such as Mammoth Biosciences, Outdoorsy, Houseparty, Incredible Health (MIT), La Haus (MIT), SESO and many others.

The Partners of NFX have built 10 companies with more than $10 billion in exits across multiple industries and geographies. We're entrepreneur first because we were entrepreneurs first. And we’re determined to guard the backs of the next generation of fearless founders.

For more insights on who we are, visit www.nfx.com. While there, you can watch, read and listen to the best coverage of fundraising, network effects, marketplaces, and all things startup.