UK Hardware startup funding
UK Hardware startups have raised €560m 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 €225m, with a median round of €18.7m.
The largest round in the data is Infogrid's €82.5m Series B in April 2023.
Most of the money goes to companies in London, Cambridge, Abingdon.
The most active investors are Scottish Enterprise, MMC Ventures, Northzone.
Total raised
€560m
since January 2023
Rounds
41
3 undisclosed
Companies
31
raising at least once
Median round
€4.5m
of rounds with an amount
Money raised each quarter
Show the data as a table
| Label | Value (€m) | Rounds |
|---|---|---|
| Q1 23 | €39.4m | 6 |
| Q2 23 | €83.1m | 3 |
| Q3 23 | €51.2m | 3 |
| Q4 23 | €3.67m | 3 |
| Q1 24 | €43.6m | 2 |
| Q2 24 | €0m | 1 |
| Q3 24 | €4.88m | 1 |
| Q4 24 | €9.18m | 3 |
| Q1 25 | €44.2m | 1 |
| Q2 25 | €50.3m | 5 |
| Q3 25 | €1.7m | 1 |
| Q4 25 | €3.41m | 1 |
| Q1 26 | €4.51m | 2 |
| Q2 26 | €199m | 7 |
| Q3 26 | €21.7m | 2 |
| Q4 26 | €0m | 0 |
Top cities by money raised
Show the data as a table
| Label | Value (€m) | Note |
|---|---|---|
| London | €303m | 19 rounds |
| Cambridge | €103m | 6 rounds |
| Abingdon | €44.2m | 1 round |
| Oxfordshire | €36.4m | 2 rounds |
| Sheffield | €22.2m | 1 round |
| Dundee | €11.7m | 1 round |
| Oxford | €10.5m | 2 rounds |
| Bathgate | €10m | 2 rounds |
| Reading | €6.5m | 1 round |
| Leeds | €3.41m | 1 round |
Dig deeper
Filter Hardware rounds by year, stage, size and investor, see them on the map and download the data.
Latest 41 rounds
Newest first.
| Date | Company | City | Stage | Amount |
|---|---|---|---|---|
| 23 Sep 2026 | CSignum | Bathgate | Other / undisclosed | €3m |
| 4 Aug 2026 | Advanced Electric Machines Group (AEM) | London | Other / undisclosed | €18.7m |
| 10 Jun 2026 | CameraMatics | London | Other / undisclosed | €49m |
| 28 May 2026 | Orbital Industries | London | Series B | €43m |
| 20 May 2026 | CircuitHub | London | Other / undisclosed | €24.1m |
| 14 May 2026 | Iceotope | Sheffield | Series B | €22.2m |
| 28 Apr 2026 | Cnuic | Edinburgh | Pre-Seed | €3m |
| 23 Apr 2026 | Raspberry Pi | Cambridge | Other / undisclosed | €57.8m |
| 15 Apr 2026 | Co Print | London | Other / undisclosed | €19k |
| 26 Mar 2026 | Allday Goods | London | Other / undisclosed | €884k |
| 12 Feb 2026 | Tangible | London | Seed | €3.6m |
| 25 Nov 2025 | Uniphy | Leeds | Other / undisclosed | €3.4m |
| 26 Sep 2025 | Holdson | Skelmanthorpe | Other / undisclosed | €1.7m |
| 21 May 2025 | Converge | London | Other / undisclosed | €20m |
| 7 May 2025 | Tended | Lincoln | Other / undisclosed | €2.3m |
| 2 May 2025 | Ace Aquatec | Dundee | Other / undisclosed | €11.7m |
| 22 Apr 2025 | CSignum | Bathgate | Series A | €7m |
| 2 Apr 2025 | Lumai | Oxford | Other / undisclosed | €9.3m |
| 13 Mar 2025 | Alloyed | Abingdon | Series B | €44.2m |
| 25 Dec 2024 | Co Print | London | Other / undisclosed | €192k |
| 15 Nov 2024 | Tangible | London | Other / undisclosed | €4.8m |
| 9 Oct 2024 | Blecon | Cambridge | Seed | €4.2m |
| 8 Aug 2024 | Cocoon | London | Pre-Seed | €4.9m |
| 24 Apr 2024 | Infogrid | London | Series B | Undisclosed |
| 13 Feb 2024 | Cambridge Mechatronics | Cambridge | Other / undisclosed | €37.1m |
| 7 Feb 2024 | Device Authority | Reading | Series A | €6.5m |
| 15 Dec 2023 | Spotta | Cambridge | Other / undisclosed | €3.5m |
| 3 Nov 2023 | Raspberry Pi | Cambridge | Other / undisclosed | Undisclosed |
| 27 Oct 2023 | Holdson | Skelmanthorpe | Other / undisclosed | €172k |
| 12 Sep 2023 | Flolive | London | Series C | €43.9m |
| 31 Aug 2023 | Oxford Ionics | Oxfordshire | Other / undisclosed | €2.3m |
| 20 Jul 2023 | ThingTrax | London | Seed | €4.9m |
| 12 Apr 2023 | Raspberry Pi | Cambridge | Other / undisclosed | Undisclosed |
| 11 Apr 2023 | Infogrid | London | Series B | €82.5m |
| 5 Apr 2023 | Reskube | London | Crowdfunding | €570k |
| 13 Mar 2023 | Phare Labs | London | Other / undisclosed | €339k |
| 15 Feb 2023 | Lumai | Oxford | Grant | €1.2m |
| 16 Jan 2023 | Co Print | London | Other / undisclosed | €591k |
| 16 Jan 2023 | Elucidat | Brighton | Other / undisclosed | €2.3m |
| 13 Jan 2023 | Geomiq | London | Other / undisclosed | €861k |
| 9 Jan 2023 | Oxford Ionics | Oxfordshire | Series A | €34.1m |
More UK funding data
- All UK rounds
- London2,129 rounds
- Cambridge156 rounds
- Oxford70 rounds
- Edinburgh76 rounds
- Birmingham24 rounds
- Manchester91 rounds
- Reading18 rounds
- Bristol51 rounds
- Nottingham21 rounds
- Glasgow37 rounds
- Cardiff21 rounds
- Belfast14 rounds
- Leeds28 rounds
- Liverpool20 rounds
- Sheffield28 rounds
- Newcastle upon Tyne38 rounds
- Fintech515 rounds
- Healthtech413 rounds
- Software648 rounds
- Semiconductors36 rounds
- AI213 rounds
- Energy171 rounds
- Transportation100 rounds
- Cloud10 rounds
Data as of , updated daily at midnight UK timeData: Tech.eu Funding Explorer