Where should startups look first when it comes to financing robotics prototypes?
Welcome to Ask an Angel, where Angel Investor Jonathan Hung answers questions about founders, startups and seed investments.

This week's question is:
What are the best fundraising and investment channels for robotics company prototype development?

Most investors expect seed money for prototypes to come from the family and friends of the startup founder. When it comes to the second phase of prototype funding, it's best to look for non-diluted grants. There are pitch competitions where founders can apply for grants or submit grant applications to universities.

About Ask an Angel
In this series, Ask an Angel, Jonathan Hung answers user questions about all things startups, angel investing, and entrepreneurs.

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About Jonathan:

Jonathan Hung is a Los Angeles-based transformational angel investor and venture capital partner who believes in a bright future for companies looking to expand their horizons in North America and Asia.

He is one of the most active angel investors in Southern California and is on a mission to drive value creation within every portfolio company. In support of this mission, he serves as Co-Managing Partner at – Unicorn Venture Partners – providing a hands-on approach to supporting companies by offering strategic expertise in operations management, finance, business development, multinational business strategy, entrepreneurship, networking, data analysis and leadership.

In addition to providing venture capital financing and advisory support, he also provides business mentorship based on his experience running U.S. and Chinese offices as president of United Overseas Textile Corporation.

Jonathan was also a Managing Member for his family office fund, J Heart Ventures, which made investments in early-stage companies such as:
* Gyft
*ChowNow
* Miso-robotics
* Clover Health
* Bitmain

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