European Hardware startup funding raised during December 2016.
In December 2016, 15 European Hardware companies raised a combined €60M across 15 funding rounds, up 275.8% versus December 2015. Israel led by capital raised, and Atomico was the most active investor. Data as of 24 Aug 2026.
| Company | Stage | Date | Amount |
|---|---|---|---|
| Lumus | Series C | Dec 2016 | €41M |
| Automile | Early VC | Dec 2016 | €6.8M |
| Azur Drones | Early VC | Dec 2016 | €3.5M |
| Springworks AB | Early VC | Dec 2016 |
| €2.9M |
| GTI | Early VC | Dec 2016 | €1.8M |
| Noccela | Early VC | Dec 2016 | €1.2M |
| Tinitell | Early VC | Dec 2016 | €1.0M |
| Sezam Labs | Seed | Dec 2016 | €800k |
| Mevics | Seed | Dec 2016 | €500k |
| Wolfprint | Seed | Dec 2016 | €470k |
| PREdical | Seed | Dec 2016 | €226k |
| Mind Music Labs | Seed | Dec 2016 | €200k |
| iRidium | Seed | Dec 2016 | €42k |
