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About NEC X

NEC X, an accelerator and incubator program founded in 2018, is based in Palo Alto, United States. With a presence in 2 countries, it has supported around 9 startups in sectors like Food and Agriculture Tech, HealthTech. Most notable companies in its portfolio include Multitude Insights, Verdi and WeWALK. The program is backed by a team of 13 people who primarily support Seed startups based in United States. Its latest investment was a Undisclosed Series A round in Indicio on Nov 06, 2025.
Key Metrics
Founded Year
2018
Location
Palo Alto, United States
Portfolio Companies
Stages of Investment
Seed & Series A
Locations of Investment

NEC X's List of Top Investments

NEC X has a portfolio of 9 companies. Their most notable investmentis in WeWALKTheir portfolio spans across United States and Canada. They have invested in Food and Agriculture Tech, HealthTech, Enterprise Applications and 4 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by NEC X:

Key facts about Multitude Insights

Provider of irrigation automation systems for farms and agricultural operations. The company offers tools for remote control, scheduling, and sensor-driven automation of irrigation processes. These systems provide alerts for leaks, real-time monitoring, and wireless valve and pump automation. The company's products are designed to integrate with existing infrastructure. They also offer wireless sensors for soil moisture monitoring and automated reporting.

Key facts about Verdi

Provider of smart cane solution for visually impaired individuals. Its offering attaches to the traditional white cane, transforming it into a smart cane. This technology helps visually impaired people via three of its features such as obstacle detection, bluetooth pairing with a phone, and integration with voice assistants and google maps.

Key facts about WeWALK

  • Founded Year: 2017
  • Location: San Francisco (United States)
  • Stage: Seed
  • Total Funding till date: $3.16M
  • Employee Count: 41 as on Aug 31, 2026
  • Investors: Conduit Connect, Ukri and 12 Others
  • Latest Funding Round: Seed, Feb 28, 2024, $*****
  • Highlight: Editors' Pick
Developer of verifiable credentials and decentralized identity verification software infrastructure. The platform provides tools for issuing, managing, and verifying digital identity documents across various industries, including finance, government, and travel. It supports multiple credential formats and protocols to enable secure, privacy-preserving authentication for both human users and autonomous systems. Organizations use this technology to perform document validation, biometric authentication, and cross-ecosystem trust orchestration. The software functions in cloud, on-premises, or sovereign infrastructure environments, facilitating portable and reusable digital identity data without requiring the storage of sensitive biometric information by relying parties.

Key facts about Indicio

Provider of AI-based health monitoring tools for healthcare professionals. The company has developed a biomarker-based remote monitoring solution for cardio-renal disease. It has featured blood analysis, remote monitoring analysis, and presymptomatic detection of critical patient conditions.

Key facts about General Prognostics

NEC X's Investments by Stage

NEC X has made 7 investments in Seed stage and 2 investments in Series A stage.
Here are NEC X's investments by stage:
Stage of entry
No. of Investments
Seed
7
Series A
2
Breakdown of NEC X's investments by stage of entrySeed (7)Series A (2)
Note: We have considered here, only first round of investments

NEC X's Investments by Sector

NEC X has a diverse portfolio, with companies operating in the Enterprise Applications, HealthTech, Vertical SaaS, Food and Agriculture Tech and Business Services. Notably, it has invested in 7 Tech companies, 5 Enterprise (B2B) companies, 4 Saas companies and at least 4 companies focusing on Software.
Here are NEC X's investments by sector:
Sector
No. of Investments
Enterprise Applications
4
HealthTech
3
Vertical SaaS
3
Food and Agriculture Tech
2
Business Services
1
Others
5
Breakdown of NEC X's investments by sectorsEnterprise Applic... (4)HealthTech (3)
Note: We have considered here, only first round of investments

NEC X's Investments by Geography

NEC X has made most investments in United States (8), followed by Canada where it has made 1 investment.
Here are NEC X's investments by geography:
Country
No. of Investments
United States
8
Canada
1
Breakdown of NEC X's investments by countriesUnited States (8)Canada (1)
Note: We have considered here, only first round of investments

NEC X's recent investments

NEC X has not made any investment in 2026 so far.
Here are the most recent investments by NEC X:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Nov 06, 2025
United States
Series A
2997
-
May 15, 2025
Canada
Seed
3885
  [+11]
Apr 11, 2025
United States
Seed
7093
-
Mar 07, 2025
United States
Seed
9644
-
Dec 18, 2024
United States
Seed
6609
-

Team profile of NEC X

NEC X has a team of 13 members including 3 Partners, 4 Venture Partners and 1 Principal located in United States and Canada. NEC X's team does not sit on the board of any company as of now.
Here is a list of top team members in NEC X:
Name
Designation
Location
Board Memberships
Contact Details
Partner
Palo Alto
-
Partner
United States
-
Partner
Palo Alto
-
Venture Partner
Brooklyn
-
Venture Partner
Toronto
-
Venture Partner
Pleasanton
-
Venture Partner
Stanford
-
-
Principal
Boston
-

Co-investors of NEC X

Over the past 2 years, 43 investors have co-invested in NEC X's portfolio companies. This includes funds and angels.

  • Invested before NEC X: Ukri, Gov and 22 others have invested in rounds before NEC X. There is 1 company where Ukri has invested before NEC X and 1 company where Gov has invested before NEC X.
  • Top Co-investors of NEC X: SVG Ventures entered a company along with NEC X.
  • Invested after NEC X: A total of 18 investors have invested in NEC X's portfolio after their investments. Top Investors include Primary Venture Partner (1 company) and Commonweal Ventures (1 company).

Recent News related to NEC X

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Clikr Receives Investment from NEC XFinSMEs•Dec 18, 2024•Clikr, NEC X, MarTech
View all news related to NEC X

FAQs about NEC X

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