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Key people at FP Solutions.
We invest in and incubate early-stage hardware startups in Space, Energy, and Automation. Post-investment, we act as hands-on co-pilots and help founders scale through our expertise in engineering, manufacturing, and product scaling.
Key people at FP Solutions.
FP Solutions is an early-stage venture firm and hardware accelerator focused on investing in and incubating startups in Space Technology, Green Energy, and Robotic Automation. Their mission is to unlock the potential of hardware startups by providing not just capital, but hands-on operational support, leveraging deep expertise in engineering, manufacturing, and scaling. FP Solutions prioritizes companies with scalable solutions, a clear path to profitability within three years, and a measurable positive impact on the planet. By acting as both investors and co-founding partners, they help startups navigate the critical challenges of product-market fit, technical refinement, and rapid scaling—areas where most hardware startups fail.
Their investment philosophy centers on solving the high failure rate of hardware startups by combining institutional capital with real-world operational experience from leaders who have built and scaled companies like Tesla and SpaceX. FP Solutions is positioned to be the first institutional investor at seed stage and continues to support companies throughout their growth journey, making them a pivotal force in the hardware startup ecosystem.
FP Solutions was founded in 2022 by KC McCreery and Lewis Hong, both of whom held senior executive roles at Tesla and SpaceX, respectively. Their experience building and scaling some of the most complex hardware unicorns gave them firsthand insight into the unique challenges faced by hardware startups. Recognizing that nearly 90% of startups fail due to scaling issues, high burn rates, and lack of product-market fit, they launched FP Solutions to address these gaps. The firm completed a $3 million seed round at launch and has since established itself as a leading hardware-focused accelerator in Los Angeles, leveraging its founders’ deep networks in advanced engineering and manufacturing.
FP Solutions is riding the wave of the hardware renaissance, where advancements in robotics, space technology, and sustainable energy are converging to create new opportunities for deep tech startups. The timing is critical—hardware innovation is increasingly seen as essential for solving global challenges like climate change, energy resilience, and automation. By focusing on under-served markets and providing the operational backbone that hardware startups often lack, FP Solutions is helping to modernize and scale industries that are foundational to the future economy. Their model is influencing the broader ecosystem by setting a new standard for how venture capital can support hardware innovation, moving beyond passive investment to active company building.
FP Solutions is poised to become a defining force in the hardware startup world, especially as the demand for scalable, impactful deep tech solutions grows. Their unique blend of capital, operational expertise, and sector focus positions them to back the next generation of hardware unicorns. As the lines between software and hardware continue to blur, and as climate and automation challenges intensify, FP Solutions’ model will likely inspire more investors to adopt a hands-on, co-founding approach. Their influence will extend beyond their portfolio, shaping how the ecosystem supports hardware innovation and accelerates the transition to a more sustainable, automated future.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2023 | Boldr | $1.0M Seed | — | Ada Ventures, Levels Invest, Alfredo Jollon, Fersen Lambranho, Fiona Howarth, Hector Mason, Jack Richardson, Jens Ingelstedt, Mateus Paiva Lambranho, Mido Talhouni, Simon Franks, Stephen Scruton, Focal, KC McCreery, Funda Sezgi, Techstars |