MIT FAST
More About NFX

$150K Uncapped SAFE or $1M-$3M SAFE for 15%

Investing in the next generation of MIT Founders

Applications are reviewed on a rolling basis.
Apply early.

  • For students, researchers & alumni

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  • No idea is too early

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  • Apply by April 12th
    We strongly encourage you to apply early.

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

How FAST Works

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

  • If you've interacted with NFX within the past 12 months and didn't receive funding, please highlight your key updates.
  • Private and simple application process.
  • Founders who receive funding join the NFX Guild, our portfolio of 400+ top Founders who support each other, and get mentorship from NFX Partners.
  • You can choose to apply for: $150K discovery check (uncapped SAFE) or pre-seed/ seed round ($1M-$3M SAFE for 15%).
  • Decision within 2 weeks. Money in your bank within 3 weeks. Up to $10M allocated. First come, first served.

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, Robotics, Defense, Space, Marketplaces, Fintech, Proptech, Games, Networks, Computational Biology, Climate, Consumer, B2B, SMB software, enterprise software, etc. See our existing portfolio to get a sense.

FAQ

What does FAST stand for?

How do I apply?

Who sees my application?

When will I hear back?

How can NFX invest so quickly?

What is the investment amount?

Who can apply?

Does my company need to be incorporated to apply?

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

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 $325M 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.

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