Sectors/Hardware/2014/H2

Hardware funding in H2 2014

European Hardware startup funding raised during H2 2014.

In H2 2014, 46 European Hardware companies closed 50 funding rounds and raised €64M in equity funding (excluding debt and grants), up 681.6% versus H2 2013. Debt rounds added €400k. Sweden led by capital raised, and FOUNDER.org was the most active investor. Data as of 4 Nov 2026.

Equity funding

€64M

+681.6% vs H2 2013 · excl. debt & grants · +€400k debt

Funding rounds

+163.2% vs H2 2013

Companies

Top country

Sweden

Rank among sectors

#20

0.9% of sector funding

Debt financing

€400k

0.6% of total

Top-10 round share

74.8%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jul	€9.5M	11
Aug	€23M	11
Sep	€26M	15
Oct	€165k	4
Nov	€527k	5
Dec	€5.4M	4

Top countries

by € raised

Data table

	Hardware — top countries by capital, H2 2014
Sweden	€24M
Finland	€12M
UK	€6.0M
Portugal	€4.2M
Ireland	€3.7M
France	€3.0M
Israel	€2.3M
Spain	€2.1M

Stage mix

by € raised

Data table

	Hardware — stage mix, H2 2014
Series A	€29M
Series D+	€11M
Seed	€10M
Early VC	€8.0M
Series B	€3.7M
Other	€1.9M
Debt	€400k
Grant	€220k

Top deals

largest disclosed rounds in H2 2014

Company	Stage	Date	Amount
Tobii Technology	Series D+	Aug 2014	€11M
IndoorAtlas	Series A	Sep 2014	€7.6M
Narrative	Series A	Sep 2014	€6.1M
Veniam	Series A	Dec 2014	€3.9M
Push Technology	Series A	Aug 2014	€3.7M
Cubic Telecom	Series B	Jul 2014	€3.7M
Cyberlightning	Series A	Aug 2014	€3.1M
Tink	Series A	Sep 2014	€3.0M
Primo1D	Early VC	Sep 2014	€3.0M
Zaplox	Early VC	Aug 2014	€3.0M
Seebo	Seed	Sep 2014	€2.3M
Healbe	Early VC	Aug 2014	€1.9M
Relayr	Seed	Sep 2014	€1.7M
Vector Watch	Seed	Jul 2014	€1.5M
Kontakt.io	Series A	Jul 2014	€1.5M

View all 50 Hardware deals in H2 2014 →

Top investors

most active in H2 2014, by deal count

← All 2014 Hardware funding