European Hardware startup funding raised during Q1 2016.
In Q1 2016, 45 European Hardware companies raised a combined €144M across 47 funding rounds, up 5.1% versus Q1 2015. Israel led by capital raised, and IBB Beteiligungsgesellschaft was the most active investor. Data as of 23 Aug 2026.
5 exits · €3.0B disclosed.
| Philips Lighting | IPO | Feb 2016 | €3.0B |
| Kerlink | IPO | Feb 2016 | €10M |
| Plejd | IPO | Feb 2016 | €3.9M |
| €15M |
| Neura | Series A | Jan 2016 | €10M |
| Rombit | Seed | Mar 2016 | €10M |
| Seebo | Series A | Jan 2016 | €7.8M |
| Cobi | Series B | Jan 2016 | €6.3M |
| Smartfrog | Series B | Feb 2016 | €4.6M |
| Kontakt.io | Series B | Feb 2016 | €4.6M |
| Kolibree | Series A | Jan 2016 | €3.7M |
| Qarnot | Early VC | Feb 2016 | €2.5M |
| Smappee | Series A | Jan 2016 | €2.5M |
| Sentryo | Seed | Jan 2016 | €2.0M |
| Ween | Seed | Jan 2016 | €1.8M |