69 Best Hardware Startups to Watch in 2024

Lightmatter changes chip architecture, powering faster, energy-efficient computing with photonic processors for sustainable AI advancement.

Total Raised: $645.00M

Last Funding: $400.00M (Series D)

SumUp is a payments processing platform for small businesses founded in 2012 by Stefan Jeschonnek.

Total Raised: $684.88M

Last Funding: $624.00M (Unknown)

5G satellite telecom operator for global IoT connectivity.

Total Raised: $54.11M

Last Funding: $32.50M (Series B)

Knave is a pay-per-use mobility solutions provider founded in 2019 by Edouard Vaujour .

Total Raised: $257.50M

Last Funding: $245.50M (Debt Financing)

Smart electric vehicle charging and energy management provider.

Total Raised: $61.94M

Last Funding: $45.00M (Series B)

Optical solutions provider.

Total Raised: $69.58M

Last Funding: $31.23M (Series B)

Sustainable immersion cooling and automation solutions provider for data centers.

Total Raised: $103.01M

Last Funding: $33.91M (Unknown)

InBolt is a provider of real-time robot guidance solutions founded in 2019 by Rudy Cohen , Albane Dersy and Louis Dumas .

Total Raised: $16.80M

Last Funding: $16.80M (Series A)

Nuventura is a Berlin-based developer of GIS switchgear for environmental monitoring.

Total Raised: $29.88M

Last Funding: $26.88M (Series A)

Solar-compatible EV charger manufacturer.

Total Raised: $73.28M

Last Funding: $36.40M (Debt Financing)

DeepDrive is a high-tech electric motor manufacturer founded in 2021 by Stefan Ender , Alexander Rosen, Felix Poernbacher , Dean and Maximilian Habersbrunner.

Total Raised: $54.40M

Last Funding: $33.50M (Series B)

CorPower Ocean is a wave energy converter solutions provider founded in 2012 by Patrik Möller .

Total Raised: $44.00M

Last Funding: $35.00M (Series B)

Provider of virtual ward and remote patient monitoring services.

Total Raised: $66.20M

Last Funding: $45.90M (Series B)

Ephos is a manufacturer of glass-based photonic chips founded in 2022 by Francesco Ceccarelli, Andrea Rocchetto and Giacomo Corrielli.

Total Raised: $8.61M

Last Funding: $8.50M (Seed)

AI-driven augmented reality data tools provider for spinal surgery.

Total Raised: $78.76M

Last Funding: $68.00M (Series B)

Electric vehicle subscription.

Total Raised: $183.05M

Last Funding: $123.05M (Debt Financing)

VividQ is a computer-generated 3D holographic technology developer founded in 2017 by Darran Milne, Tom Durrant and Roman Pechhacker.

Total Raised: $8.80M

Last Funding: $7.50M (Series A)

Nym Health is a company founded in 2018.

Total Raised: $63.50M

Last Funding: $47.00M (Unknown)

Electric propulsion systems and sensor technology for airplanes.

Total Raised: $94.40M

Last Funding: $62.00M (Series C)

Electromagnetic wave control technology.

Total Raised: $16.21M

Last Funding: $16.21M (Series A)

Business to customers cloud communication platform.

Total Raised: $860.12M

Last Funding: $0.12M (Pre Seed)

EV charging manufacturer.

Total Raised: $250.00M

Last Funding: $250.00M (Series C)

Harbinger is a commercial electric vehicle (EV) company on a mission to transform an industry starving for innovation. Harbinger's best-in-class team of EV, battery, and drivetrain experts have pooled their deep experience to support the growing demand for medium-duty EVs.

Total Raised: $82.41M

Last Funding: $82.41M (Unknown)

Software and hardware solutions for autonomous vehicles

Total Raised: $317.10M

Last Funding: $32.10M (Debt Financing)

Therapeutic device developer focused on treating structural heart disease.

Total Raised: $15.50M

Last Funding: $13.00M (Series A)

Security solutions to digital assets for consumers and institutional investors.

Total Raised: $195.10M

Last Funding: $108.40M (Seed)

Platform for advancing neuroscience and neurophysiology solutions.

Total Raised: $9.11M

Last Funding: $2.66M (Seed)

AI-driven building monitoring tech.

Total Raised: $58.39M

Last Funding: $13.00M (Series B)

Manufacturer of commercial quantum computers.

Total Raised: $71.04M

Last Funding: $53.51M (Series B)

Medical device developer for the treatment and prevention of stroke.

Total Raised: $6.90M

Last Funding: $6.90M (Series A)

B2B device-as-a-service platform.

Total Raised: $404.81M

Last Funding: $272.80M (Seed)

All Flex Solutions is a leading provider of specialty flex and rigid flex printed circuits, flexible heaters, and assemblies for mission and life-critical programs in industries like medical, defense, aerospace, semiconductor, and telecommunications.

Total Raised: $5.00M

Last Funding: $5.00M (Unknown)

Manufacturer of OLED microdisplays.

Total Raised: $23.16M

Last Funding: $23.16M (Series B)

AI and robot-assisted mobilisation solutions provider for hospitals.

Total Raised: $5.60M

Last Funding: $5.60M (Series A)

Developer and manufacturer of zero-emission public transportation vehicles.

Total Raised: $229.08M

Last Funding: $118.00M (Series B)

AI copilot for complex AF and AT during ablation procedures.

Total Raised: $66.13M

Last Funding: $38.01M (Series B)

Diagnostic platform for sleep apnea.

Total Raised: $22.73M

Last Funding: $17.95M (Series A)

Cirdan is a provider of informatics software and imaging solutions founded in 2010 by Hugh Cormican .

Total Raised: $12.55M

Last Funding: $9.75M (Series A)

Commercial electric airliner company based in Los Angeles, USA.

Total Raised: $3.34M

Last Funding: $3.34M (Grant)

Windmill Air specializes in designing modern and aesthetically pleasing air conditioning units that prioritize both user experience and environmental sustainability, drawing on 60 years of expertise in air care.

Total Raised: $5.00M

Last Funding: $5.00M (Series A)

Advance hydrogen and direct air capture hardware platform.

Total Raised: $3.60M

Last Funding: $3.60M (Seed)

Platform ensuring accurate royalty payments for artists.

Total Raised: $6.56M

Last Funding: $5.02M (Series A)

Real-time location intelligence for the Internet of Things.

Total Raised: $146.30M

Last Funding: $16.30M (Debt Financing)

Manufacturer of electric solar car.

Total Raised: $117.95M

Last Funding: $58.20M (Seed)

Manufacturer of medical devices for mechanical Chronic Low Back Pain (CLBP).

Total Raised: $184.10M

Last Funding: $50.00M (Series B)

Tenstorrent is a Canadian artificial intelligence and machine learning technology company specializing in AI architectures focused on scalable deep learning and adaptability.

Total Raised: $234.05M

Last Funding: $200.00M (Series C)

Niodegradable sealants and adhesives for wound closure.

Total Raised: $163.52M

Last Funding: $55.00M (Series C)

Superconducting transmission technology developer.

Total Raised: $8.80M

Last Funding: $8.80M (Series A)

AI-driven smart sprayer system.

Total Raised: $51.71M

Last Funding: $51.71M (Series B)

Alice&Bob aims to create a universal fault-tolerant quantum computer.

Total Raised: $33.10M

Last Funding: $3.30M (Seed)

Advanced geofencing technology.

Total Raised: $5.19M

Last Funding: $1.88M (Seed)

AI-powered autonomous mobile robotics (AMRs) solutions provider for warehouses.

Total Raised: $3.29M

Last Funding: $0.75M (Pre Seed)

AI-automated waste management.

Total Raised: $18.61M

Last Funding: $17.00M (Series A)

Uniti is an electric city car that aims for holistic sustainability, a futuristic user experience and is developed in an open source manner.

Total Raised: $3.34M

Last Funding: $1.50M (Seed)

Foldable and autonomous wingsail system.

Total Raised: $23.08M

Last Funding: $17.06M (Series A)

Quantum computing hardware.

Total Raised: $7.69M

Last Funding: $6.33M (Seed)

Manufacturer of electric commercial trucks.

Total Raised: $130.43M

Last Funding: $61.87M (Unknown)

Ulltrasound-based medical devices manufacturer to treat various brain disorders.

Total Raised: $7.04M

Last Funding: $2.20M (Series A)

Online marketplace connects people selling their used cars with verified car dealers.

Total Raised: $271.64M

Last Funding: $190.00M (Series C)

Consumer-tech subscription platform.

Total Raised: $120.23M

Last Funding: $54.30M (Series C)

VR/XR hardware and software designed for industrial applications to create a realistic virtual metaverse.

Total Raised: $94.00M

Last Funding: $40.00M (Series D)

Plexxi is a Nashua, New Hampshire-based company.

Total Raised: $40.10M

Last Funding: $20.10M (Series C)

Medical devices developer for spine specialist surgeons.

Total Raised: $88.10M

Last Funding: $32.50M (Series B)

Smart exoskeleton technology that people can wear to augment their physical abilities.

Total Raised: $32.07M

Last Funding: $15.93M (Debt Financing)

Charging solutions for electric vehicles, including maintenance services.

Total Raised: $237.28M

Last Funding: $231.29M (Series C)

Fabless semiconductor manufacturer.

Total Raised: $12.50M

Last Funding: $8.30M (Series A)

Smart home alarm manufacturer.

Total Raised: $24.43M

Last Funding: $2.10M (Seed)

Fiber optic network management solutions.

Total Raised: $3.22M

Last Funding: $3.22M (Seed)

GPHY is a web platform that develops a hybrid workspace management IoT ecosystem.

Total Raised: $7.00M

Last Funding: $7.00M (Unknown)