121 Hardware Startups to Watch in 2022

Hardware's tech sector is booming. This year’s list of the best 121 Hardware tech startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between.

The last update was made on November 26, 2022.

Curated by @gonsanchezs

Hardware 10+ employees Fast-growing

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Fabric is a company that builds a supply-chain allowing retailers to offer sustainable delivery service to their online customers.

Tel Aviv   101-250   $136,000,000  


MessageBird is a cloud communications platform that connects enterprises to their global customers.

Amsterdam   101-250   $60,120,000  


Shadow is a high-performance cloud-based computer that has an automated hardware evolution.

Paris   101-250   $138,154,513  


OneWeb is building a space-based global communications network that will deliver high-speed, low latency internet access everywhere.

London   251-500   $2,950,000,000  

Immersive Labs

Immersive Labs is an on-demand cyber skills platform that rewards critical thinking, problem solving, and curiosity.

Bristol   51-100   $48,018,243  

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Aircall is an advanced call center software, complete business phone and contact center 100% natively integrated in any CRM.

Paris   101-250   $40,550,000  


Innoviz delivers the vision and intelligence required for the mass-production of autonomous vehicles.

Tel Aviv   251-500   $252,000,000  


Signavio provides tools for business process management.

Berlin   251-500   $229,569,947  


pureLiFi develops technology for communication networks that integrates data and lighting utility infrastructures.

Edinburgh   51-100   $43,936,745  


bob is a people management platform that helps fast-growing companies bring out the best in their employees.

Tel Aviv   101-250   $45,000,000  


E-Commerce customer service softwareplus expert coaching for a fixed monthy price for ambitious e-commerce & retail brands

Arnhem   51-100    

DoiT International

We tackle complex problems of scale using our expertise in resolving problems, coding, algorithms, complexity analysis, and system design.

Tel Aviv   51-100   $100,000,000  


Enabling the future of energy.

Stockholm   101-250   $600,000,000  


Nexar makes every car smart and is building the world’s safe driving network.

Tel Aviv   51-100   $44,500,000  


trivago is an online hotel search platform that compares prices from various hotels on booking sites worldwide.

Düsseldorf   1001-5000   $54,997,173  

Back Market

Back Market is an online marketplace dedicated to refurbished products.

Paris   101-250   $56,016,228  


Binance is a cryptocurrency exchange platform that combines digital technology and finance.

Valletta   251-500   $10,000,000  


Devialet is a French implosive sound center that offers solutions ranging from ADH intelligence to sound amplification.

Paris   251-500   $145,285,293  


REE is a technology company that develops cutting edge systems for the automotive andpersonal mobility industries.

Tel Aviv   51-100   $40,200,000  


Glassbox is adisruptive provider of ‘instant replay’ digital customer experience solutions for both the web and mobile.

London   11-50   $35,500,000  


Fairphone makes the world's first fairly designed and produced smartphone.

Amsterdam   11-50   $40,675,645  


Framer is a tool to design interactive high-fidelity prototypes for iOS, Android, desktop, or the web.

Amsterdam   51-100   $33,000,000  


Parrot creates, develops and markets advanced technology wireless products for consumers and professionals.

Paris   501-1000   $35,135,537  


European scooter sharing market.

Paris   251-500   $66,118,703  

Aleva Neurotherapeutics

Aleva Neurotherapeutics has developed a proprietary neurostimulation platform based on microDBS Technology

Lausanne   11-50   $57,122,994  


The bank account that does your accounting for you. On a mission to give entrepreneurs the confidence to start and grow a business.

Oslo     $3,091,622  


Anaconda Biomed is a medical device start-up that develops the next generation of catheters to perform efficient mechanical thrombectomies.

Barcelona   101-250   $16,856,981  


Brightpearl is the omnichannel retail management system that puts your orders, inventory, financials, POS and CRM in one place.

Bristol   51-100   $54,500,000  


Numbrs is a customer-centric financial services company.

Zürich   101-250   $78,764,275  


Xeneta is the leading ocean freight rate benchmarking and market intelligence platform and index.

Oslo   51-100   $28,685,331  


Cortica is a technology company developing AI capable of learning and reacting on its own.

Tel Aviv   51-100   $69,400,000  


Aiven develops managed cloud service hosting for software infrastructure services.

Helsinki   11-50   $10,000,000  


Actility provides smart energy management, machine-to-machine(M2M) and Internet of things(IoT) services.

Paris   101-250   $104,133,671  


Unicorn Systems is a renowned European company providing the largest information systems.

Prague   1-10    


Ultrahaptics is working to create the most remarkable connection between people and technology.

Bristol   51-100   $85,870,124  


Persona represents the solution for identity management, aligned with the latest data protection regulations.

Bucharest   11-50    


Carbyne is a national emergency communication platform, running the most advanced technology for emergency infrastructure.

Tel Aviv   51-100   $23,900,000  


Labster is an internationally focused company dedicated to the development of pioneering online tools for teaching science globally.

Copenhagen   51-100   $34,670,000  


NAVYA is a leading French name in the autonomous vehicle market and in smart shared mobility solutions.

Paris   251-500   $72,466,002  


TTTech is a Vienna Austria-based technology leader in networked safety controls.

Vienna   251-500   $197,732,735  


QEDIT helps businesses accelerate trust with Zero-Knowledge Blockchains.

Tel Aviv   11-50   $10,000,000  


Adverty is the next generation advertising platform.

Stockholm   11-50   $4,657,790  


Hedvig is a tech startup that focuses on building insurance solutions.

Stockholm   11-50   $10,314,160  

Exotec Solutions

Exotec Solutions offers an innovative order preparation system, based on a fleet of collaborative mobile robots.

Lille   11-50   $21,219,061  


obilet.com is an online platform that provides bus and airplane tickets to consumers.

Istanbul   51-100   $7,300,000  


Bancor iscrypto company protocol for the creation of Smart Tokens that touts a decentralized exchange service.

Zug   101-250   $152,310,000  


Zwipe is enabling battery-less biometric authentication solutions for payment cards, wearables and beyond

Oslo   11-50   $25,184,313  


SoundBoks is a Copenhagen-based hardware company developing and selling battery-powered speaker.

Copenhagen   11-50   $5,420,000  


Quentic is a computer software company for health & safety, environmental, and sustainability management.

Berlin   251-500   $42,313,273  


Avast is a security software development company that protects people from threats on the internet.

Prague   1001-5000   $100,000,000  


Canatu develops and manufactures innovative 3D formable and stretchable films and sensors for 3D touch surfaces andheater solutions.

Helsinki   51-100   $55,985,381  


Accedo is a provider of interactive apps for smart TVs and connected TV devices for media companies, consumer electronics, and TV operators.

Stockholm   101-250   $28,270,000  


ABB provides power and automation technologies for smart grids, robotics, electric cars, renewable energy and motors.

Zürich   10001   $2,700,000  


Metail is a virtual fitting room service for fashion retailers that allows customers to create a 3D model of themselves and try on clothes.

Cambridge   11-50   $32,374,300  


Pointy helps stores by bringing products online, allowing them to get found by people who are searching on the web.

Dublin   51-100   $19,200,000  


Magazino develops mobile, perception driven robots for warehouse logistics and intralogistics.

Munich   11-50   $24,800,000  


Alkemics helps retailers and CPG manufacturers collect, enrich, and share content across the retail ecosystem.

Paris   51-100   $27,825,487  


Arago is a leading artificial intelligence company that helps businesses automate their IT processes through intelligent automation.

Frankfurt   101-250   $55,000,000  


Brodmann17 develops artificial visual intelligence that allow devices to understand the environment in real-time.

Tel Aviv   11-50   $15,200,000  


Deepomatic designs a platform to let professionals build custom image recognition AI and delivers computer vision systems to clients.

Paris   11-50   $8,950,000  


Psious develops a virtual reality platform designed to bring value to mental health treatment.

Barcelona   11-50   $10,115,028  


Corephotonics is the pioneer and worldwide market leader of dual camera technologies for mobile devices.

Tel Aviv   51-100   $35,000,000  


Aito is a predictive database that uses existing relational datasets for predictions and recommendations.

Helsinki   11-50   $3,506,154  


Inception is a leading 360 & VR content creator and destination of choice for premium content for millennials.

Tel Aviv   11-50   $15,000,000  


RISE is a device that turns your regular window shades into smart shades.

Tartu   11-50    

Sigma Capital Group

Sigma Capital Group focus on the creation of communities by delivering new, good quality and well located family homes to rent.

Edinburgh   11-50   $254,611,977  


Learnosity provides the technology framework for authoring, assessment delivery, and reporting for the world's best assessment solutions.

Dublin   51-100   $52,400,000  


Nym is a NLU based autonomous medical coding technology that enables healthcare facilities to optimize their revenue cycle processes.

Tel Aviv   11-50   $6,000,000  


Augment is an augmented reality platform that allows users to visualize 3D models in real time and the real environment at scale.

Paris   11-50   $4,956,608  


Astralis is a professional e-sports organization which represents one of the best Counter-Strike teams in the world.

Copenhagen   11-50   $25,000  

Resolution Games

Resolution Games operates as a virtual reality and augmented reality games studio.

Stockholm   11-50   $13,500,000  


Lifen is your simple and secure exchange of medical letters assistant.

Paris   11-50   $31,930,371  


Collab was founded with a clear strategy: disruptive innovation in enterprise grade contact centers.

Lisbon   101-250    


Sellpy makes it easier than any other service to sell the things you don’t use.

Stockholm   11-50   $8,455,897  

Nova Lumos

Nova Lumos is a distributed utility company that offer solar power to off-grid homes and small businesses.

Amsterdam   251-500   $90,000,000  


Heliatek is engaged in the development and production of organic solar cells with the ability to absorb a broad spectrum of light.

Dresden   101-250   $157,004,695  


TrustInSoft is a game-changer in cybersecurity and provides solutions to mathematically guaranteed software.

Paris   11-50   $6,854,781  


Providing simple care for the connected home by reshaping the way technical support is provided to make it intuitive for non-tech homeowners

Dublin   11-50   $11,700,000  


Skello makes schedule in a few clicks, communicate with teams and automatically process payroll.

Paris   11-50   $7,328,046  


Make your data as robust as your code. Say goodbye to missing properties, typos, and type errors.

Reykjavík   1-10   $1,450,000  


fring is a mobile communications service that supports free mobile group video calls, video calls, voice calls, and live chat.

Tel Aviv   11-50   $35,000,000  


OnePark is a booking platform of parking spaces .

Paris   11-50   $32,139,173  


DOC+ is a digital health company specializing in on-demand medical services (house calls and telemedicine), EHR and medical data management.

Moscow   101-250   $20,500,000  


GenomSys is a Swiss company composed by engineers with extensive experience in research, development and project management.

Lausanne   1-10   $9,449,125  


Aprila Bank is a highly automated niche bank focusing on intuitive on-the-spot financing solutions for small and medium-sized enterprises.

Oslo   11-50   $21,516,133  


The antivirus for deepfakes

Amsterdam   1-10   $56,532  


Knip is an innovative digital insurance manager for an easy-to-understand overview of existing insurance policies, tariffs and services.

Zürich   101-250   $18,372,314  


Starbreeze Studios creates, publishes, and distributes high quality entertainment products.

Stockholm   251-500   $79,000,000  


Novelda is a sensor company specializing in nanoscale wireless low-power technology for ultra-high resolution impulse radar.

Oslo   11-50   $39,000,000  


Livestorm help companies make their webinars simpler, smarter and more efficient.

Paris   1-10   $5,085,913  


Ardoq is an Enterprise Intelligence Graph for Compliance, Governance, and Digital Transformation.

Oslo   11-50   $5,328,621  


YellowDog is the only predictive and intelligent scheduling & orchestration platform.

Bristol   11-50   $7,334,594  


Enabling (Re) Insurers to transparently predict and price cyber risk.

Tel Aviv   11-50   $5,500,000  

O3b Networks

O3b Networks develops satellite-based internet backbone infrastructure solutions for fixed line, mobile and internet service operators.

The Hague   101-250   $1,891,892,352  


Zeek is an online marketplace that enables its users to sell unwanted vouchers in exchange for cash and purchase discounted gift cards.

Tel Aviv   11-50   $12,500,000  


IQM builds scalable hardware for universal quantum computers, focusing on superconducting technology.

Espoo     $12,829,088  


Ecrebo is a point of sale marketing platform.

Reading   101-250   $23,140,069  


Photoneo is a leading provider of robotic vision and intelligence.

Bratislava   101-250   $12,555,613  


Thingstream is a leading provider of Connectivity-as-a-Service (CaaS) for the Internet of Things (IoT) applications.

Zürich   11-50   $5,000,000  


Cloud-based platform using 3D for product customization.

Stockholm   11-50   $4,458,028  


Premium videogames in streaming for an affordable monthly fee.

Madrid   11-50   $5,506,583  


Nordigen is building transaction analytics tools for banks and lenders

Riga   11-50   $1,031,865  


Meta Networks is rebuilding the enterprise WAN for the cloud age, with a new paradigm that is secure, simple and cloud-native.

Tel Aviv   11-50   $10,000,000  


Jenji is a essential application for managing your expense reports free of charge.

Paris   11-50   $7,774,852  

The ID Co.

The ID Co. help businesses onboard their customers using Open Bank data to solve business pains such as credit risk and affordability.

Edinburgh   11-50   $11,146,630  


Crosser designs and develops Streaming Analytics and Integration software for any Edge, Fog or Cloud. Target market is Industrial IoT.

Stockholm   11-50   $5,164,948  


A technology spin-out company from the University of Strathclyde.

Glasgow     $28,251,450  


Gmelius transforms Gmail into your company's workspace.

Geneva   11-50   $150,000  

Urban Sharing

Urban Sharing is a fleet management platform for shared micromobility.

Oslo   11-50   $12,271,067  


Configit is a Danish software business.

Copenhagen   101-250   $7,480,326  


Oxipit research team consists of Kaggle-winning experienced deep learning engineers and radiologists.

Vilnius   11-50   $1,700,000  


Toposens builds highly robust and low-cost near-field 3D ultrasound vision technology for robotics and autonomous vehicles.

Munich   11-50   $2,240,018  


Dispelix simply removes the challenges that the product designers have been trying to hide for years.

Espoo     $15,583,282  


Hyper-Personalised Travel Solutions - Nezasa's booking software optimises your travel service

Zürich   51-100   $6,956,955  


End-to-end payment technology solutions partner serving more than 150 clients in 40 countries.

Istanbul   251-500   $19,265,000  


OptiNose develops nasal drug delivery technologies and combined drug and device therapies.

Oslo   101-250   $251,433,477  


Forky aims to be the go-to brand for your daily food, offering healthy and delicious dishes in the most convenient way possible.

Athens   11-50   $2,604,203  

Altitude Angel

Altitude Angel makes drones safer by providing the data and cloud services needed to safely unlock their potential.

Reading   11-50   $4,880,000  


Rocksolid Engine by Basemark is the leading compute (AI, machine learning) and graphics (AR, VR) solution for professional applications

Helsinki   51-100   $3,425,218  


Latecoere specializes in the manufacturing and marketing of structures for the aeronautics sector.

Toulouse   1001-5000   $106,800,000  


Artomatixis a software company that uses Artificial Intelligence to create realistic 3D art creation.

Dublin   11-50   $12,217,679  


Aito gives new meaning to intuitive and safe operation of electronic devices.

Amsterdam   11-50   $8,345,503  


Drinkly offers an on-demand service of alcoholic drinks to its customers in Edinburgh, UK.

Edinburgh     $40,545  

Westhive Coworking Ecosystem

Inspirational co-working ecosystem in Zurich that brings Startups and innovation teams from companies together

Zürich   11-50   $800,000  

MISSION Therapeutics

MISSION Therapeutics is a platform of technologies for the development of drugs targeting enzymes involved in cancer and other diseases.

Cambridge   11-50   $127,572,919  


KiWi is the Fintech app of micro-businesses in emerging markets

Lausanne   11-50   $4,385,697  

Get the full list of 9,200+ Hardware & European tech companies

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