European Hardware startup funding raised during H2 2023.
In H2 2023, 25 European Hardware companies raised a combined €247M across 25 funding rounds, down 24.3% versus H2 2022. France led by capital raised, and Netherland Enterprise Agency (RVO) was the most active investor. Data as of 9 Jul 2026.
5 exits · €482M disclosed.
| Cubic Telecom | Acquisition | Dec 2023 | €473M |
| Industrial Vision Systems | Acquisition | Nov 2023 | €9.3M |
| €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 |
| Blickfeld | Other | Dec 2023 | €7.5M |
| ThingTrax | Seed | Jul 2023 | €4.9M |
| Nimmsta | Other | Jul 2023 | €4.6M |
| Sensoteq | Other | Nov 2023 | €3.6M |
| Spotta | Other | Dec 2023 | €3.5M |
| Vitesy | Other | Dec 2023 | €3.2M |
| Nortech AI | Seed | Oct 2023 | €2.5M |