UK Hardware startup funding

UK Hardware startups have raised £483m across 41 rounds since January 2023, 0.8% of the money raised by all UK startups in that time (debt excluded). In 2026 so far, 11 rounds have raised £195m, with a median round of £16m.

Total raised

£483m

3 rounds undisclosed

Rounds

41

since 2023

Companies

31

raising at least once

Median round

£3.8m

of rounds with an amount

Overview

Money raised each quarter

£m
Money raised each quarterMoney raised each quarter: 16 rows. Highest: Q2 26 (£172m). Lowest: Q4 26 (£0m).Q1 23: £34.7m. 6 roundsQ2 23: £72.9m. 3 roundsQ3 23: £44m. 3 roundsQ4 23: £3.15m. 3 roundsQ1 24: £37.1m. 2 roundsQ2 24: £0m. 1 roundQ3 24: £4.2m. 1 roundQ4 24: £7.68m. 3 roundsQ1 25: £37m. 1 roundQ2 25: £42.6m. 5 roundsQ3 25: £1.49m. 1 roundQ4 25: £3m. 1 roundQ1 26: £3.92m. 2 roundsQ2 26: £172m. 7 roundsQ3 26: £18.6m. 2 roundsQ4 26: £0m. 0 rounds£0m£50m£100m£150m£200mQ1 23Q2 23Q3 23Q4 23Q1 24Q2 24Q3 24Q4 24Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26Q3 26Q4 26£34.7m£72.9m£44m£3.15m£37.1m£0m£4.2m£7.68m£37m£42.6m£1.49m£3m£3.92m£172m£18.6m£0m
Show the data as a table
LabelValue (£m)Note
Q1 23£34.7m6 rounds
Q2 23£72.9m3 rounds
Q3 23£44m3 rounds
Q4 23£3.15m3 rounds
Q1 24£37.1m2 rounds
Q2 24£0m1 round
Q3 24£4.2m1 round
Q4 24£7.68m3 rounds
Q1 25£37m1 round
Q2 25£42.6m5 rounds
Q3 25£1.49m1 round
Q4 25£3m1 round
Q1 26£3.92m2 rounds
Q2 26£172m7 rounds
Q3 26£18.6m2 rounds
Q4 26£0m0 rounds

Latest rounds

The 50 most recent rounds matching the filters. Select one for the company's full record.

Latest funding rounds
DateCompanyCitySectorStageAmount
23 Sep 2026BathgateHardwareOther / undisclosed£2.6m
4 Aug 2026LondonHardwareOther / undisclosed£16m
10 Jun 2026LondonHardwareOther / undisclosed£42.3m
28 May 2026LondonHardwareSeries B£37.3m
20 May 2026LondonHardwareOther / undisclosed£20.9m
14 May 2026SheffieldHardwareSeries B£19.2m
28 Apr 2026EdinburghHardwarePre-Seed£2.6m
23 Apr 2026CambridgeHardwareOther / undisclosed£50m
15 Apr 2026LondonHardwareOther / undisclosed£17k
26 Mar 2026LondonHardwareOther / undisclosed£765k
12 Feb 2026LondonHardwareSeed£3.2m
25 Nov 2025LeedsHardwareOther / undisclosed£3m
26 Sep 2025SkelmanthorpeHardwareOther / undisclosed£1.5m
21 May 2025LondonHardwareOther / undisclosed£16.9m
7 May 2025LincolnHardwareOther / undisclosed£2m
2 May 2025DundeeHardwareOther / undisclosed£10m
22 Apr 2025BathgateHardwareSeries A£6m
2 Apr 2025OxfordHardwareOther / undisclosed£7.7m
13 Mar 2025AbingdonHardwareSeries B£37m
25 Dec 2024LondonHardwareOther / undisclosed£160k
15 Nov 2024LondonHardwareOther / undisclosed£4m
9 Oct 2024CambridgeHardwareSeed£3.5m
8 Aug 2024LondonConsumer +1Pre-Seed£4.2m
24 Apr 2024LondonHardwareSeries BUndisclosed
13 Feb 2024CambridgeHardwareOther / undisclosed£31.5m
7 Feb 2024ReadingHardwareSeries A£5.5m
15 Dec 2023CambridgeHardwareOther / undisclosed£3m
3 Nov 2023CambridgeHardwareOther / undisclosedUndisclosed
27 Oct 2023SkelmanthorpeHardwareOther / undisclosed£150k
12 Sep 2023LondonHardwareSeries C£37.7m
31 Aug 2023OxfordshireHardwareOther / undisclosed£2m
20 Jul 2023LondonSoftware +2Seed£4.3m
12 Apr 2023CambridgeHardwareOther / undisclosedUndisclosed
11 Apr 2023LondonHardwareSeries B£72.4m
5 Apr 2023LondonHardwareCrowdfunding£500k
13 Mar 2023LondonHardwareOther / undisclosed£300k
15 Feb 2023OxfordHardwareGrant£1.1m
16 Jan 2023BrightonHardwareOther / undisclosed£2m
16 Jan 2023LondonHardwareOther / undisclosed£524k
13 Jan 2023LondonHardwareOther / undisclosed£765k
9 Jan 2023OxfordshireHardwareSeries A£30m

Explore by city and sector

Cities

#CityRoundsRaised since 2023
1London19£262m
2Cambridge6£88.1m
3Abingdon1£37m
4Oxfordshire2£32m
5Sheffield1£19.2m
6Dundee1£10m
7Oxford2£8.8m
8Bathgate2£8.6m
9Reading1£5.5m
10Leeds1£3m

Sectors

#SectorRoundsRaised since 2023
1Fintech523£12bn
2Healthtech423£8.18bn
3Software658£6.02bn
4AI218£5.17bn
5Semiconductors36£5.14bn
6Energy175£4.51bn
7Transportation102£4.38bn
8Cloud10£2.82bn
9Cleantech183£2bn
10Deeptech103£1.37bn

Median round size by stage

£m
Median round size by stageMedian round size by stage: 3 rows. Highest: Series B (£37.2m). Lowest: Seed (£3.52m).Seed: £3.52m. median of 3 roundsSeries A: £6m. median of 3 roundsSeries B: £37.2m. median of 4 rounds£0m£10m£20m£30m£40mSeedSeries ASeries B£3.52m£6m£37.2m
Show the data as a table
LabelValue (£m)Note
Seed£3.52mmedian of 3 rounds
Series A£6mmedian of 3 rounds
Series B£37.2mmedian of 4 rounds

The 10 biggest rounds hold 78% of the money

£m
The 10 biggest rounds hold 78% of the moneyThe 10 biggest rounds hold 78% of the money: 2 rows. Largest share: Top 10 rounds with 78%.Top 10 rounds: 78% (£378m)Next 28 rounds: 22% (£104m)Top 10 rounds: 78% (£378m)Next 28 rounds: 22% (£104m)78% Top 10 rounds22% Next 28 rounds
Show the data as a table
LabelValue (£m)Share
Top 10 rounds£378m78%
Next 28 rounds£104m22%

Year on year

2026 is up 140% on the same period of 2025 (1 Jan to 7 Nov).

£m
Year on yearYear on year: 4 rows across 1 Jan to 7 Nov, Full year. Largest total: 2026 (£390m).2023: 1 Jan to 7 Nov £152m, Full year £155m2023: 1 Jan to 7 Nov £152m, Full year £155m2024: 1 Jan to 7 Nov £44.8m, Full year £49m2024: 1 Jan to 7 Nov £44.8m, Full year £49m2025: 1 Jan to 7 Nov £81.1m, Full year £84.1m2025: 1 Jan to 7 Nov £81.1m, Full year £84.1m2026: 1 Jan to 7 Nov £195m, Full year £195m2026: 1 Jan to 7 Nov £195m, Full year £195m1 Jan to 7 NovFull year£0m£50m£100m£150m£200m2023202420252026
Show the data as a table
Label1 Jan to 7 Nov (£m)Full year (£m)
2023£152m£155m
2024£44.8m£49m
2025£81.1m£84.1m
2026£195m£195m

Data as of , updated daily at midnight UK timeData: Tech.eu Funding Explorer

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