European Hardware startup funding raised during Q1 2020.
In Q1 2020, 16 European Hardware companies raised a combined €310M across 16 funding rounds, up 115.4% versus Q1 2019. France led by capital raised, and Act Venture Capital was the most active investor. Data as of 9 Jul 2026.
2 exits.
| €19M |
| Omnio | Series A | Jan 2020 | €15M |
| Cubic Telecom | Other | Jan 2020 | €11M |
| AssoConnect | Series B | Jan 2020 | €6.3M |
| Qarnot | Other | Mar 2020 | €6.0M |
| Qiio | Other | Mar 2020 | €4.7M |
| energysquare | Seed | Mar 2020 | €3.0M |
| Tmpl | Other | Jan 2020 | €1.6M |
| Imagimob | Other | Jan 2020 | €1.0M |
| Donr | Seed | Jan 2020 | €411k |
