European Hardware startup funding raised during 2023.
In 2023, 50 European Hardware companies raised a combined €473M across 54 funding rounds. UK led by capital raised, and FORWARD.one was the most active investor. Data as of 21 Aug 2026.
9 exits · €482M disclosed.
| Cubic Telecom | Acquisition | Dec 2023 | €473M |
| Industrial Vision Systems | Acquisition | Nov 2023 | €9.3M |
| €35M |
| Oxford Ionics | Series A | Jan 2023 | €34M |
| Wirepas | Other | Oct 2023 | €21M |
| Xnext | Debt | Nov 2023 | €20M |
| Copenhagen Atomics | Other | Jan 2023 | €20M |
| Actility | Other | Dec 2023 | €16M |
| Qualinx | Series A | Oct 2023 | €9.6M |
| Fracttal | Other | Oct 2023 | €9.4M |
| XTPL | Other | Jul 2023 | €8.2M |
| Qualinx | Series A | Feb 2023 | €8.0M |
| Xolo | Other | Feb 2023 | €8.0M |
| Blickfeld | Other | Dec 2023 | €7.5M |
