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.
Tracking:
Last update to the database: April 9, 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+ investors56Accel 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
BlaBlaCar (
79), Qogita ( 68), Filigran ( 64)
62Northzone 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), MImo ( 68), Finom ( 68)
59Kima 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), HyLight ( 64)
48Sofinnova 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)
67We 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)
60Bpifrance 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
Quandela (
68), Bioptimus ( 68), Aqemia ( 68)
50EQT 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, Ecommerce and 53 more.
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Top investments in Hardware
Volt (
64), Nothing ( 64), 1X ( 59)
46Partech 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), Pennylane ( 59)
54Atomico 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 (
75), Condukt ( 64), Robin AI ( 64)
50- 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 (
68), Basemark ( 64), Dronamics ( 64)
56Launched 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
Lawhive (
68), Blockchain.com ( 68), Synthesia ( 64)
46Serena 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
Quandela (
68), Electra ( 68), Fipto ( 54)
57Kindred 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)
54Creandum 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 (
75), Packfleet ( 64), Monta ( 64)
54Molten 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
-
Check size
$2M - $50M
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Industries
Fintech, Data and Analytics, AI and 45 more.
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Top investments in Hardware
IMU Biosciences (
64), Lyst ( 59), Ledger ( 59)
50Point 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
-
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 (
75), Attio ( 54), Grasp ( 50)
37XAnge 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
-
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)
45Speedinvest 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
Tuum (
64), Dronamics ( 64), Curve ( 64)
42Ascension 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)
46Earlybird 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, Health Tech and 46 more.
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Top investments in Hardware
Quantum Diamonds (
54), Isar Aerospace ( 54), Oviva ( 54)
51European 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, Data and Analytics, AI and 38 more.
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Top investments in Hardware
Aqemia (
68), Gleamer ( 59), HarfangLab ( 59)
39Y 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
PhotoRoom (
68), HyLight ( 64), Lago ( 64)
42Quantonation 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 (
68), Pasqal ( 59), Kipu Quantum ( 54)
46Octopus 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 (
64), Bloom Coaching ( 59), Metris Energy ( 59)
45Inventure 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
-
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 (
64), Lassie ( 59), Hopsworks ( 50)
40HCVC 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 ( 54), Giraffe360 ( 50)
39High-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, Energy & Nuclear and 56 more.
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Top investments in Hardware
Proxima Fusion (
68), Tubulis ( 68), Threedium ( 59)
46True Ventures is a venture capital firm that invests in early-stage technology startups.
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Offices:
Palo Alto (HQ), San Francisco
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Investment Stage
Seed, Series A, Series B, Series C, Series D
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Check size
$1M - $3M
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Industries
Manufacturing, Hardware, Climate Tech & Green Tech and 27 more.
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Top investments in Hardware
Wefarm (
50), Carbo Culture ( 50), JellyFi ( 43)
37Amadeus Capital Partners caters to the technology sector with seed, early, and later stage venture, and private equity investments.
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Offices:
Cambridge (HQ), London, San Francisco
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Investment Stage
Seed, Series A, Series B, Series C, Pre Seed
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Industries
AI, Data and Analytics, Manufacturing and 32 more.
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Top investments in Hardware
Tenzo (
54), Ravelin ( 54), Ori Biotech ( 54)
39Bayern Kapital is a venture capital company that offers finances for R&D, market launch of new products, and product diversification.
- Offices:
-
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
Proxima Fusion (
68), Tubulis ( 68), Quantum Systems ( 59)