HCVC operates a dual structure where the venture fund invests in hardtech companies while Hardware Club serves as a selective global community of 500+ hardtech startups with an acceptance rate under 7%, offering shared manufacturing, distribution, and supply-chain resources rather than treating founders only as individual portfolio companies. The fund has built one of the most extensive hardtech-specific partnership networks among VCs with ~200 partners across manufacturers like Foxconn and distributors like Amazon Launchpad, and brought in former Renault F1 team principal Cyril Abiteboul as a venture partner to import elite motorsport engineering experience into diligence and portfolio support.