Sectors/Hardware/2014/Q3

Hardware funding in Q3 2014

European Hardware startup funding raised during Q3 2014.

In Q3 2014, 33 European Hardware companies closed 37 funding rounds and raised €58M in equity funding (excluding debt and grants), up 2812.8% versus Q3 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

€58M

+2812.8% vs Q3 2013 · excl. debt & grants · +€400k debt

Funding rounds

+516.7% vs Q3 2013

Companies

Top country

Sweden

Rank among sectors

#19

1.3% of sector funding

Debt financing

€400k

0.7% of total

Top-10 round share

79.8%

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

Top countries

by € raised

Data table

	Hardware — top countries by capital, Q3 2014
Sweden	€24M
Finland	€11M
UK	€5.9M
Ireland	€3.7M
France	€3.0M
Israel	€2.3M
Spain	€2.1M
Russia	€1.9M

Stage mix

by € raised

Data table

	Hardware — stage mix, Q3 2014
Series A	€25M
Series D+	€11M
Seed	€8.3M
Early VC	€8.0M
Series B	€3.7M
Other	€1.9M
Debt	€400k
Grant	€60k

Top deals

largest disclosed rounds in Q3 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
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
Green momit	Other	Jul 2014	€1.0M

View all 37 Hardware deals in Q3 2014 →

Top investors

most active in Q3 2014, by deal count

← All 2014 Hardware funding