69 Best Hardware Startups to Watch in 2025

The Definitive Seedtable Ranking of Hardware Startups

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 1,177 start-ups with an aggregate funding of $13.2b. The average funding per company in this subset is $191.6m.

Last update to the database: Feb 18, 2025. See changelog.

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4

Funding Rounds

$230.0m

Money raised

Humane develops and commercializes consumer hardware, software, and services.

3

Funding Rounds

$900.0k

Money raised

Pitney Bowes is a Stamford, Connecticut-based company founded in 1920 by Walter Bowes.

6

Funding Rounds

$722.0m

Money raised

Cerebras is an AI company building computer systems designed to accelerate AI workflows.

Key people:

3

Funding Rounds

$764.7m

Money raised

Bitmain is a Beijing-based multinational semiconductor company, founded in 2013, that manufactures products for blockchain and artificial intelligence (AI) applications.

10

Funding Rounds

$269.5m

Money raised

Rigetti Computing is a quantum computing company based in Berkeley, California.

6

Funding Rounds

$577.8m

Money raised

Helion Energy is a fusion power company aiming to build the world's first fusion power plant.

Key people:

9

Funding Rounds

$217.2m

Money raised

Density is a San Francisco-based company building a people-counting system to measure the number of people in or passing through a physical space such as a hallway, lobby, or conference hall.

Location:

Key people:

5

Funding Rounds

$140.5m

Money raised

Pasqal is a company building programmable quantum simulators and quantum computers made of 2D and 3D arrays of neutral atoms.

Location:

Key people:

13

Funding Rounds

$1.0b

Money raised

Hardware wallet for crypto assets such as Bitcoin, Ethereum, XRP, Monero and more.

4

Funding Rounds

$6.7m

Money raised

Provider of 4G and 5G mobile network solutions.

Location:

Key people:

1

Funding Rounds

$50.0k

Money raised

HYPRES is a developer of superconducting microelectronics for defense, wireless, and optical network industries.

6

Funding Rounds

$168.0m

Money raised

Developer of fully interactive advanced lab simulations designed to create scalable science training software. The company's simulations offer a virtual laboratory based on mathematical algorithms that support open-ended investigations along with molecular three-dimension animations, quiz questions, and background theory.

1

Funding Rounds

$132.0m

Money raised

Gowin Semiconductor Corp. is a manfucaturer of programmable logic devices based in Shanghai.

Location:

Key people:

2

Funding Rounds

$3.4m

Money raised

Chai Biotechnologies (also known as Chai and Chai Bio) is a biotechnology company building real-time PCR, qPCR and devices that detect pathogens, speciate meat and genotype DNA.

6

Funding Rounds

$30.0m

Money raised

Rain AI is a company developing a new AI compute platform by co-designing every layer of the AI stack.

5

Funding Rounds

$234.6m

Money raised

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

11

Funding Rounds

$185.7m

Money raised

D-Wave Systems is a Canadian company that designs and manufactures quantum computing and superconducting electronics, and AI software.

5

Funding Rounds

$32.0m

Money raised

Singularity University is a startup accelerator focusing on commercializing technologies developed in research facilities.

6

Funding Rounds

$613.0m

Money raised

Pensando Systems is a company developing edge computing and cloud computing services for enterprises and cloud providers.

1

Funding Rounds

$1.0m

Money raised

Cypherock is building a hardware wallet that does not require a seed phrase.

Location:

Key people:

6

Funding Rounds

$80.5m

Money raised

Hologram is a company with a platform for building Internet of Things type products

Key people:

4

Funding Rounds

$13.3m

Money raised

Galgus is a Camas, Seville-based wireless and Wi-Fi technology company developing systems used by OEMs and system integrators for Wi-Fi networks.

Location:

Key people:

6

Funding Rounds

$55.9m

Money raised

5G satellite telecom operator for global IoT connectivity.

Key people:

1

Funding Rounds

Hylio is a technology company making drones for aerial crop spraying.

3

Funding Rounds

$88.0m

Money raised

Quandela is a Paris-based company developing optical quantum technology integrated into photonic chips.

Location:

Key people:

8

Funding Rounds

$204.2m

Money raised

Elvie is a London-based consumer electronics company making sexual health and pregnancy products for women.

Location:

Key people:

8

Funding Rounds

$13.7m

Money raised

Petcube is a technology company designing and developing hardware and software products for pets.

Location:

Key people:

6

Funding Rounds

$62.5m

Money raised

Avegant is California-based company developing display techologies for augmented reality experiences.

3

Funding Rounds

$160.0m

Money raised

Kernel is a neuroscience and engineering company founded in 2016, based in Los Angeles. Kernel is developing neuroprosthetics that mimic or assist brain functions for patients with neurological and degenerative brain diseases. In the long term Kernel plans to develop less invasive brain implants that can augment human intelligence.

6

Funding Rounds

$680.0m

Money raised

A company developing semiconductor accelerators for artificial intelligence and machine learning.

Location:

Key people:

1

Funding Rounds

$4.4m

Money raised

Qlm Technology Ltd is a Bristol-based company developing quantum gas sensing technology for the oil and gas industry.

Location:

Key people:

4

Funding Rounds

$18.0m

Money raised

Quantum Circuits Company is a company that is aiming to develop, manufacture, and sell the first practical and useful quantum computer using superconducting qubits. It is based in New Haven, Connecticut and founded in 2015 by Robert J. Schoelkopf, Michel Devoret, Luigi Frunzio and Brian W. Pusch.

Key people:

7

Funding Rounds

$1.2b

Money raised

MessageBird is a messaging company offering a communications platform as a service.

Location:

Key people:

5

Funding Rounds

$69.9m

Money raised

75F is a Bloomington, Minnesota-based technology company offering an Internet of Things (IoT) building automation system for HVAC, lighting, and equipment control.

4

Funding Rounds

$14.1m

Money raised

Qnami is a quantum technology company that is developing and commercializing quantum sensing and quantum imaging technologies using synthetic diamond and quantum technologies. Qnami's products are in life-science R&D and semiconductor electronics.

Location:

Key people:

4

Funding Rounds

$18.7m

Money raised

Creator is the developer of a robotic burger maker.

8

Funding Rounds

$1.2b

Money raised

PsiQuantum is a company that is building a general-purpose silicon photonic quantum computer.

2

Funding Rounds

$2.6m

Money raised

Flow Neuroscience is a Malmo, Sweden-based medical technology company developing treatments for mental health issues. The company offers a medication-free depression treatment that combines a brain stimulation wearable and an app-based therapy program.

Location:

Key people:

10

Funding Rounds

$133.6m

Money raised

A technology that designs carbon nanotube electronics, which can be used as memory devices. It was founded in 2001 and is located in Woburn, Massachusetts.

Key people:

7

Funding Rounds

$128.9m

Money raised

Dredrone is an airspace security platform that detects, classifies, and mitigates drone threats.

6

Funding Rounds

$137.1m

Money raised

Xanadu is a company developing quantum computing and artificial intelligence technologies.

Location:

Key people:

2

Funding Rounds

$50.0m

Money raised

A company offering an ecologically friendly commercial coffee roaster. It was founded in 2013 and is located in Berkeley, California.

6

Funding Rounds

$211.9m

Money raised

IQM is a company utilizing superconducting technology to build scalable quantum computing hardware.

Location:

Key people:

5

Funding Rounds

$62.1m

Money raised

Company developing and designing components and systems for scientific and industrial quantum applications.

4

Funding Rounds

$45.4m

Money raised

Pharrowtech is a Belgium-based company designing and developing mmWave hardware and software for wireless applications.

Location:

Key people:

6

Funding Rounds

$18.3m

Money raised

German Autolabs is a Berlin, Deutschland-based automotive company founded by Patrick Weissert and Holger G. Weiss in 2016.

Location:

Key people:

8

Funding Rounds

$267.4m

Money raised

Formlabs is a 3D printing system company that provides digital fabrications for industries

Key people:

1

Funding Rounds

$16.0m

Money raised

An educational technology company with a focus on STEAM lesson plans involving computers. It has offices around the world, the main one being in London, England. It was founded in 2014.

Location:

Key people:

2

Funding Rounds

An inventory financing platform. It was founded in 2014 and is located in San Francisco, California.

4

Funding Rounds

$56.5m

Money raised

Indiegogo is a web-based crowdfunding platform founded by Danae Ringelmann, Salva Rubin, Eric Schell in 2008, that is headquartered San Francisco, California.

Location:

Key people:

3

Funding Rounds

$250.0k

Money raised

Double Robotics is a robotics company that participated in the S12 cohort of Y Combinator and is the creator of Double, a telepresence robot. Double allows a physical presence where a user can't be in person, for example, an office, classroom, or conference.

Key people:

1

Funding Rounds

$7.0m

Money raised

Foundation Devices is a technology company developing open-source hardware for Bitcoin and Web3.

Key people:

2

Funding Rounds

$46.7m

Money raised

Whill is a company known for designing, creating, and making personal mobility devices and products.

Industries:

Key people:

7

Funding Rounds

$98.0m

Money raised

A global provider of camera-first, AI powered self-driving technology, formerly AdasWorks.

Location:

Key people:

4

Funding Rounds

$149.0m

Money raised

An artificial intelligence company that is developing the technology to automate computer numerical control milling machines. It is located in London, England and was founded in 2015.

Location:

Key people:

6

Funding Rounds

$105.7m

Money raised

Dispelix is a company that designs and manufactures diffractive waveguide displays for augmented reality (AR) purposes.

Location:

Key people:

12

Funding Rounds

$2.0b

Money raised

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

2

Funding Rounds

A company developing cryogenic cooling solutions for research, material science, quantum computing, high-performance electronics, and detector applications.

7

Funding Rounds

$92.8m

Money raised

Skycatch is a San Francisco-based company founded in 2013 by Christian Sanz.

25

Funding Rounds

$216.9m

Money raised

Sphero is an educational toy company founded in 2010 by Ian Bernstein.

1

Funding Rounds

Audio technology company using artificial vocal recognition for music creation

3

Funding Rounds

$81.0m

Money raised

Atom Computing Inc. manufactures scalable quantum computers out of individual atoms.

1

Funding Rounds

$2.0m

Money raised

MatchX is a Berlin-based company manufacturing LPWAN hardware and software.

1

Funding Rounds

QuiX is a company that makes a room temperature photonic quantum processor based on silicon nitride waveguides.

4

Funding Rounds

$66.6m

Money raised

Alice & Bob is an universal fault-tolerant quantum computer creator founded in 2020 by Théau Péronnin.

Location:

Key people:

2

Funding Rounds

$3.5m

Money raised

Commercial electric airliner company based in Los Angeles, USA.

3

Funding Rounds

$6.0m

Money raised

A company utilizing BMI and Neurofeedback to optimize brain potential.

$1.6m

Money raised

A company providing an ultrasonic sensor solution for three-dimensional positioning in vehicles in order to drive autonomously in close proximity and low-speed environments.

1

Funding Rounds

$4.0m

Money raised

Carv is a mobile gaming identity enabling achievement display, friends and games discovery, and direct monetization.

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