30 Best Venture Capital Investors in Hardware (in 2024)
The Hardware sector in Europe is seeing true innovation. At the heart of this story are investors who recognize the transformative power of the industry and are keen to champion the companies working on problems worth solving.
This list is the result of tracking investment activity across +2,500 venture capital investors in Europe, and only includes funds that have invested in at least 5 Hardware startups in the past 12 months. If you're a startup in th space, an investor diversifying into new sectors, or someone keen on tracking the pulse of industry-specific investments, this list is a must-see.
Last update to the database: May 6, 2024. See changelog.
Investor Rankings are calculated using our Seedtable score – a 1 to 100 score that uses quantitative and qualitative data points (like the size of their fund or the quality of the companies they invested in) to signal the strength behind an investor. A score closer to 100 indicates an investor is worth watching closely.
List of 30 top VCs in Hardware
Download our full database of +1,000+ investorsNorthzone is an early-stage venture capital fund built on experience spanning multiple economic and disruptive technology cycles.
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Offices:
London (HQ), Stockholm, New York
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Series E, Series F, Pre Seed, Series_h, Series_g, Debt Financing
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Check size
$100k - $40M
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Industries
Fintech, Ecommerce, Mobile and 40 more.
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Top investments in Hardware
Wagestream ( 75), Finom ( 68), Infogrid ( 68)
Accel is an early and growth-stage venture capital firm that helps a global community of entrepreneurs.
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Offices:
Palo Alto (HQ), London
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Series E, Series F, Pre Seed, Series_g
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Check size
$1M - $20M
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Industries
Fintech, Mobile, Ecommerce and 47 more.
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Top investments in Hardware
Monzo ( 79), BlaBlaCar ( 75), Qogita ( 68)
Kima Ventures investes $150k in 100 new deals per year.
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Offices:
Paris (HQ)
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Investment Stage
Seed, Series A, Series B, Series C, Pre Seed
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Check size
$0k - $150k
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Industries
Fintech, Ecommerce, Mobile and 61 more.
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Top investments in Hardware
Usual Labs ( 68), PhotoRoom ( 68), Zefir ( 68)
Sofinnova Partners is a venture capital firm that invests in the life sciences sector, from seed to later-stage.
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Offices:
Paris (HQ), Milan, London
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Investment Stage
Seed, Series A, Series B, Series C, Series D
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Industries
Biotech, Health Tech, Manufacturing and 13 more.
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Top investments in Hardware
Bioptimus ( 68), Cure51 ( 64), Moon Surgical ( 64)
We back Europe’s best global tech companies, before the rest of the world believes
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Offices:
London (HQ)
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Investment Stage
Seed, Series A, Pre Seed
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Check size
$1M - $5M
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Industries
Health Tech, Manufacturing, Biotech and 33 more.
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Top investments in Hardware
Fluent ( 64), Baseimmune ( 64), Cogna ( 59)
EQT Ventures provides support and capital to bold and ambitious founders on their journeys to global success.
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Offices:
Stockholm (HQ), London, Berlin, Paris, San Francisco
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Series E, Pre Seed
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Check size
$1M - $5M
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Industries
Fintech, Mobile, Manufacturing and 54 more.
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Top investments in Hardware
Camion ( 64), Volt ( 64), Nothing ( 64)
Bpifrance is the bank (and fund) of entrepreneurs.
- Offices:
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Series E, Series F, Debt Financing, Pre Seed, Series_g, Series_i, Series_h
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Industries
Health Tech, Manufacturing, Biotech and 46 more.
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Top investments in Hardware
Bioptimus ( 68), Electra ( 68), Klineo ( 64)
Partech is a technology venture firm that invests in seed, venture, and growth stages.
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Offices:
Paris (HQ), San Francisco, Berlin
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Series F, Pre Seed
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Check size
$200k - $75M
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Industries
Fintech, Health Tech, Ecommerce and 52 more.
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Top investments in Hardware
ManoMano ( 59), Sendinblue ( 59), Platform ( 59)
Atomico is an international investment firm that focuses on helping disruptive technology companies scale globally.
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Offices:
London (HQ)
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Series E, Pre Seed
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Industries
Health Tech, AI, Manufacturing and 60 more.
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Top investments in Hardware
Factorial HR ( 68), Robin AI ( 64), Condukt ( 59)
- Offices:
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Investment Stage
Seed, Series A, Series B, Series D, Debt Financing, Pre Seed
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Industries
Health Tech, Biotech, Manufacturing and 22 more.
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Top investments in Hardware
Quandela ( 64), Dronamics ( 64), H2 Green Steel ( 64)
Launched as Google Ventures in 2009, GV supports innovative founders moving the world forward.
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Offices:
Mountain View (HQ), New York, London
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Series E, Pre Seed
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Industries
AI, AR / VR, Health Tech and 37 more.
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Top investments in Hardware
Monzo ( 79), Lawhive ( 68), Blockchain.com ( 64)
Molten Ventures - previously Draper Esprit - is the first European tech-focused VC not tied to
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Offices:
London (HQ), Dublin
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Series E
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Check size
$2M - $50M
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Industries
Fintech, Data and Analytics, AI and 46 more.
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Top investments in Hardware
IMU Biosciences ( 59), Lyst ( 59), Ledger ( 59)
Serena Capital caters to technology companies with seed, early, and later stage venture investments.
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Offices:
Paris (HQ)
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Investment Stage
Seed, Series A, Series B, Debt Financing
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Check size
$100k - $15M
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Industries
Business Intelligence, AI, Data and Analytics and 28 more.
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Top investments in Hardware
Electra ( 68), Quandela ( 64), Fipto ( 54)
Kindred is an early stage venture capital fund based in London that practises equitable venture.
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Offices:
London (HQ)
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Pre Seed
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Check size
$500k - $1M
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Industries
Manufacturing, Fintech, Biotech and 31 more.
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Top investments in Hardware
Lottie ( 59), Pollen ( 59), Paddle ( 59)
Creandum is an early-stage venture capital firm backing the companies of tomorrow.
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Offices:
Stockholm (HQ), Berlin, London, San Francisco
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Pre Seed
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Industries
Fintech, Mobile, Mobility & Transportation and 48 more.
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Top investments in Hardware
Factorial HR ( 68), Packfleet ( 64), Embat ( 59)
Point Nine Capital is a venture capital firm focusing on early-stage investments related to SaaS and digital marketplaces.
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Offices:
Berlin (HQ)
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Investment Stage
Seed, Series A, Series B, Series C, Series D
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Check size
$500k - $5M
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Industries
Developer Tools, Business Intelligence, Fintech and 43 more.
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Top investments in Hardware
Factorial HR ( 68), Attio ( 54), Grasp ( 50)
XAnge is a Franco-German team of venture capital investors that manages assets and invests in digital, deeptech, and impact startups.
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Offices:
Paris (HQ), Berlin, Munich
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Investment Stage
Seed, Series A, Series B, Series C, Pre Seed
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Check size
$1M - $10M
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Industries
Health Tech, Manufacturing, Fintech and 37 more.
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Top investments in Hardware
Greenly ( 75), Ledger ( 59), Gleamer ( 59)
Speedinvest is a venture capital fund investing in Pre Seed, seed, and early-stage tech startups.
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Offices:
Vienna (HQ), Berlin, London, Munich, Paris
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Investment Stage
Seed, Series A, Series B, Series C, Pre Seed, Angel
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Check size
$700k - $3M
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Industries
Fintech, Mobile, AI and 57 more.
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Top investments in Hardware
Dronamics ( 64), Curve ( 64), Sylvera ( 64)
Ascension is an early-stage VC built by exited entrepreneurs to back the next generation of tech and impact founders.
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Offices:
London (HQ)
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Investment Stage
Seed, Series A, Pre Seed
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Industries
Mobile, Health Tech, Business Intelligence and 54 more.
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Top investments in Hardware
Wagestream ( 75), HURR ( 59), GEEIQ ( 54)
European venture capital firm focused on digital & deep tech startups, from early to growth-stage.
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Offices:
Paris (HQ), Toulouse, Barcelona, Tel Aviv
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Series E, Pre Seed
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Check size
$300k - $15M
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Industries
Health Tech, AI, Data and Analytics and 38 more.
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Top investments in Hardware
FlexAI ( 75), Pixacare ( 64), Aqemia ( 64)
Earlybird is a venture capital investor focused on European technology innovators.
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Offices:
Berlin (HQ), Munich, London, Paris
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Series E, Series F, Pre Seed
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Check size
$500k - $10M
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Industries
Fintech, Manufacturing, Developer Tools and 46 more.
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Top investments in Hardware
Quantum Diamonds ( 54), Isar Aerospace ( 54), Oviva ( 54)
Y Combinator is a startup accelerator that invests in a wide range of startups twice a year.
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Offices:
Mountain View (HQ)
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Investment Stage
Seed, Series A, Series B, Series C, Series F, Pre Seed
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Check size
$500k - $375k
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Industries
Data and Analytics, Business Intelligence, Fintech and 66 more.
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Top investments in Hardware
Monzo ( 79), PhotoRoom ( 68), HyLight ( 64)
Octopus is a multi stage European venture capital investor specializing in health, fintech, deep tech, B2B software and consumer.
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Offices:
London (HQ), New York
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Pre Seed
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Check size
$1M - $10M
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Industries
Health Tech, Ecommerce, Manufacturing and 61 more.
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Top investments in Hardware
Belong ( 59), Cogna ( 59), HURR ( 59)
Quantonation is the leading VC firm dedicated to Quantum Technologies
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Offices:
Paris (HQ)
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Investment Stage
Seed, Series A, Pre Seed
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Industries
Quantum Computing, Hardware, Manufacturing and 10 more.
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Top investments in Hardware
Quandela ( 64), Pasqal ( 59), Kipu Quantum ( 54)
Inventure is a venture fund that specializes in helping its portfolio companies with talent and expansion.
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Offices:
Helsinki (HQ), Stockholm, Helsinki (HQ)
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Investment Stage
Seed, Series A, Series B, Series C, Pre Seed
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Check size
$1M - $5M
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Industries
Ecommerce, Hardware, Health Tech and 37 more.
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Top investments in Hardware
Zaver ( 59), Lassie ( 59), Hopsworks ( 50)
HCVC is an early-stage firm investing in companies automating and digitizing the physical world.
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Offices:
Paris (HQ), San Francisco
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Investment Stage
Seed, Series A, Series B, Series C, Pre Seed
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Check size
$100k - $2M
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Industries
Manufacturing, Hardware, Mobility & Transportation and 23 more.
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Top investments in Hardware
Automata ( 59), Nūmi ( 50), Giraffe360 ( 50)
High-Tech Grunderfonds specializes in investments in seed or startups, early venture, seed capital, and mezzanine financing.
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Offices:
Bonn (HQ), Berlin
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Investment Stage
Seed, Series A, Series B, Series C, Series D, Pre Seed
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Check size
$1M - $4M
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Industries
Manufacturing, Health Tech, Biotech and 56 more.
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Top investments in Hardware
Tubulis ( 68), Proxima Fusion ( 64), Threedium ( 54)
Fountain Healthcare Partners is an Irish-based life science venture capital fund. Fountain is exclusively focused on the life science
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Offices:
Dublin (HQ), New York
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Investment Stage
Series A, Series B, Series D
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Check size
$10M - $15M
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Industries
Health Tech, Hardware, Biotech and 3 more.
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Top investments in Hardware
Ermium Therapeutics ( 50), Mainstay Medical ( 43), Dualyx ( 37)
Bayern Kapital is a venture capital company that offers finances for R&D, market launch of new products, and product diversification.
- Offices:
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Investment Stage
Seed, Series A, Series B, Series C, Pre Seed
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Check size
$250k - $25M
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Industries
Manufacturing, Health Tech, Mobility & Transportation and 35 more.
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Top investments in Hardware
Tubulis ( 68), Proxima Fusion ( 64), Quantum Systems ( 59)
The ultimate innovation platform in Spain: we connect the world's best startups to industry leading corporations.
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Offices:
Paterna (HQ)
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Investment Stage
Seed, Series A, Series C, Pre Seed
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Check size
$50k - $1M
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Industries
Fintech, Manufacturing, AI and 47 more.
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Top investments in Hardware
iCustoms ( 59), Sunsave ( 59), Tuum ( 59)