European Hardware startup funding raised during Q1 2016.
In Q1 2016, 40 European Hardware companies raised a combined €111M across 42 funding rounds, down 21.6% versus Q1 2015. Switzerland led by capital raised, and Chalmers Ventures was the most active investor. Data as of 9 Jul 2026.
6 exits · €3.0B disclosed.
| Philips Lighting | IPO | Jan 2016 | €3.0B |
| Kerlink | IPO | Jan 2016 | €10M |
| Plejd | IPO | Jan 2016 | €3.9M |
| €10M |
| Konux | Series A | Mar 2016 | €6.6M |
| Disruptive Technologies | Early VC | Mar 2016 | €5.3M |
| Kontakt.io | Series B | Jan 2016 | €4.6M |
| Smartfrog | Series B | Jan 2016 | €4.6M |
| azeti Networks | Series C | Mar 2016 | €3.5M |
| Glue | Early VC | Mar 2016 | €3.2M |
| Qarnot | Early VC | Jan 2016 | €2.5M |
| NUnited Kingdomi | Seed | Mar 2016 | €2.0M |
| Wirepas | Series A | Feb 2016 | €1.5M |
| HIGH MOBILITY | Seed | Feb 2016 | €1.5M |
| Datumize | Seed | Mar 2016 | €1.0M |