European Hardware startup funding raised during 2016.
In 2016, 176 European Hardware companies raised a combined €822M across 198 funding rounds. Israel led by capital raised, and Bpifrance was the most active investor. Data as of 6 Jul 2026.
| Company | Stage | Date | Amount |
|---|---|---|---|
| SIGFOX | Series D+ | Sep 2016 | €150M |
| Lumus | Series C | Nov 2016 | €41M |
| Airobotics | Series B | May 2016 | €26M |
| SatixFy | Series B | Oct 2016 | €23M |
| EarlySense |
| Series D+ |
| May 2016 |
| €23M |
| Relayr | Series B | Oct 2016 | €21M |
| HYT Watches | Series C | Jan 2016 | €21M |
| Veniam | Series B | Jan 2016 | €20M |
| Smartfrog | Series C | Sep 2016 | €20M |
| eyeSight Mobile Technologies | Series C | Apr 2016 | €18M |
| InfinityAR | Series B | Oct 2016 | €16M |
| Oryx | Series A | Sep 2016 | €16M |
| LifeBEAM | Series A | Feb 2016 | €15M |
| Sevenhugs | Series A | May 2016 | €15M |
| Humavox | Growth/Late | May 2016 | €14M |