Hardware funding in 2011
European Hardware startup funding raised during 2011.
In 2011, 14 European Hardware companies closed 16 funding rounds and raised €15M in equity funding (excluding debt and grants). Germany led by capital raised, and Atomico was the most active investor. Data as of 4 Nov 2026.
Equity funding
€15M
excl. debt & grants
Funding rounds
16
Companies
14
Top country
Germany
Hardware: last three years
change vs the year before| Year | Equity | Change | Rounds | Change | Debt |
|---|---|---|---|---|---|
| 2009 | €25M | -0.5% | 4 | +33.3% | — |
| 2010 | €38M | +48.7% | 9 | +125.0% | — |
| 2011 | €15M | -60.1% | 16 | +77.8% | — |
Rank among sectors
#21
0.4% of sector funding
Top-10 round share
100.0%
of disclosed capital
Funding by month
€ raised vs rounds, by monthHardware — funding by month, 2011 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Feb | €0 | 1 |
| Mar | €2.3M | 2 |
| Apr | €2.1M | 1 |
| Jun | €0 | 2 |
| Aug | €0 | 1 |
| Sep | €90k | 3 |
| Oct | €100k | 1 |
| Nov | €10M | 5 |
Top countries
by € raisedHardware — top countries by capital, 2011 — interactive chart.
Data table
| Hardware — top countries by capital, 2011 | |
|---|---|
| Germany | €6.2M |
| Israel | €3.0M |
| Italy | €2.3M |
| UK | €2.2M |
| Sweden | €1.1M |
| Spain | €107k |
| France | €100k |
| Switzerland | €0 |
Stage mix
by € raisedHardware — stage mix, 2011 — interactive chart.
Data table
| Hardware — stage mix, 2011 | |
|---|---|
| Series A | €8.2M |
| Series B | €3.0M |
| Seed | €2.5M |
| Other | €1.3M |
Largest equity rounds
by disclosed amount, 2011Top investors
most active in 2011, by deal count- Atomico2 deals
- GGV Capital2 deals
- Earlybird Venture Capital1 deals
- faberNovel1 deals
- Industrifonden1 deals
- Italian Angels for Growth1 deals
- Kima Ventures1 deals
- Mitsui & Co1 deals
- NRW.BANK1 deals
- Wellington Partners1 deals
Source: Tech.eu Funding Explorer · data as of 4 Nov 2026 · licence CC BY 4.0 · Methodology