European Hardware startup funding raised during Q4 2016.
In Q4 2016, 56 European Hardware companies raised a combined €223M across 57 funding rounds, up 55.7% versus Q4 2015. Israel led by capital raised, and Alibaba was the most active investor. Data as of 9 Jul 2026.
4 exits.
| €16M |
| Otonomo | Series A | Oct 2016 | €11M |
| Silvair | Series A | Oct 2016 | €11M |
| Zenterio | Early VC | Oct 2016 | €8.8M |
| Ava | Series A | Oct 2016 | €8.8M |
| Automile | Early VC | Nov 2016 | €6.8M |
| Secret Double Octopus | Series A | Dec 2016 | €5.5M |
| Lumus | Series C | Dec 2016 | €5.5M |
| Audio Analytic | Series A | Dec 2016 | €5.0M |
| Unifly | Series A | Oct 2016 | €5.0M |
| Greenbird Integration Technology | Early VC | Oct 2016 | €4.5M |
| Azur Drones | Early VC | Nov 2016 | €3.5M |
