Sectors/Hardware/2012

Hardware funding in 2012

European Hardware startup funding raised during 2012.

In 2012, 15 European Hardware companies closed 17 funding rounds and raised €88M in equity funding (excluding debt and grants). UK led by capital raised, and Accel was the most active investor. Data as of 4 Nov 2026.

Equity funding

€88M

excl. debt & grants

Funding rounds

Companies

Top country

Hardware: last three years

change vs the year before

Year	Equity	Change	Rounds	Change	Debt
2010	€38M	+48.7%	9	+125.0%	—
2011	€15M	-60.1%	16	+77.8%	—
2012	€88M	+489.7%	17	+6.3%	—

Rank among sectors

#16

1.9% of sector funding

Top-10 round share

97.4%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jan	€4.1M	2
Feb	€4.6M	1
Mar	€28M	3
May	€800k	1
Jun	€200k	1
Jul	€1.7M	3
Sep	€12M	2
Nov	€12M	1
Dec	€25M	3

Top countries

by € raised

Data table

	Hardware — top countries by capital, 2012
UK	€36M
Israel	€17M
Sweden	€16M
France	€10M
Finland	€3.3M
Portugal	€1.9M
Italy	€1.6M
Germany	€1.5M

Stage mix

by € raised

Data table

	Hardware — stage mix, 2012
Series B	€34M
Series A	€17M
Series C	€16M
Series D+	€12M
Seed	€9.5M
Early VC	€800k

Largest equity rounds

by disclosed amount, 2012

Company	Stage	Date	Amount
Hailo	Series B	Dec 2012	€24M
Tobii Technology	Series C	Mar 2012	€16M
Hailo	Series A	Mar 2012	€13M
EarlySense	Series D+	Nov 2012	€12M
SIGFOX	Series B	Sep 2012	€10M
Lumus	Series A	Feb 2012	€4.6M
IndoorAtlas	Seed	Jan 2012	€3.3M
Movvo	Seed	Dec 2012	€1.9M
Augmentation Industries	Seed	Sep 2012	€1.5M
TytoCare	Seed	Jul 2012	€1.2M

View all 17 Hardware deals in 2012 →

Top investors

most active in 2012, by deal count

Source: Tech.eu Funding Explorer · data as of 4 Nov 2026 · licence CC BY 4.0 · Methodology

← All-time Hardware funding