European Hardware startup funding raised during H1 2020.
In H1 2020, 39 European Hardware companies raised a combined €649M across 39 funding rounds, up 171.8% versus H1 2019. UK led by capital raised, and 83North was the most active investor. Data as of 9 Jul 2026.
2 exits.
| €55M |
| Axonius | Series C | Mar 2020 | €53M |
| Otonomo | Series C | Apr 2020 | €42M |
| Truphone | Other | Apr 2020 | €34M |
| TactoTek | Series C | Jun 2020 | €23M |
| Flolive | Series B | Apr 2020 | €20M |
| Wiliot | Series B | Feb 2020 | €19M |
| Omnio | Series A | Jan 2020 | €15M |
| Secret Double Octopus | Series B | Apr 2020 | €14M |
| Push Technology | Series A | Apr 2020 | €11M |
| Cubic Telecom | Other | Jan 2020 | €11M |
| Clim8 | Crowdfunding | May 2020 | €9.0M |
