# Median seed round in Hardware & Electronics (2026) > The median seed round in Hardware & Electronics is $9.5M, from 42 rounds announced in the last 12 months. Half raised between $5.0M and $18M. Source: https://millionrounds.com/benchmarks/seed/hardware (Millionrounds; every figure on the page links to its filing or article) Funding benchmark · last 12 months # The typical seed round in *Hardware & Electronics* From 42 seed rounds announced in Hardware & Electronics over the last twelve months, each read from a named source. Half of them raised between $5.0M and $18M. See the rounds[All benchmarks](https://millionrounds.com/benchmarks) Seed Hardware & Electronics Median round **$9.5M** $3.0M 1 in 10 below $5.0M – $18M middle half $41M 1 in 10 above 42 rounds counted · recounted nightly Rounds counted **42** seed rounds in Hardware & Electronics, last 12 months Against worldwide **+73%** vs the $5.5M worldwide median Since last round **-** too few earlier rounds on record Lead named **88%** of these rounds name the investor who led The trend ## Median seed round, quarter by quarter From $6.0M in 2025 Q2 to $8.0M in 2026 Q3. Quarters with fewer than five rounds are left blank. '24 Q4 4 rds '25 Q1 3 rds $6.0M '25 Q2 7 rds $5.6M '25 Q3 5 rds $12M '25 Q4 8 rds $7.5M '26 Q1 6 rds $7.0M '26 Q2 6 rds $8.0M '26 Q3 11 rds Who leads ## The most active leads The firms that led the most seed rounds in Hardware & Electronics this year. - [1 **Andreessen Horowitz** 2 led](https://millionrounds.com/fund/andreessen-horowitz) - [2 **Seven Seven Six** 2 led](https://millionrounds.com/fund/seven-seven-six) - [3 **Quantonation** 2 led](https://millionrounds.com/fund/quantonation) - [4 **Join Capital** 2 led](https://millionrounds.com/fund/join-capital) - [5 **General Catalyst** 1 led](https://millionrounds.com/fund/general-catalyst) - [6 **Lightspeed Venture Partners** 1 led](https://millionrounds.com/fund/lightspeed-venture-partners) Recent examples ## Seed rounds in Hardware & Electronics, latest first - [**Sabi** 10 Oct 2026 · Khosla Ventures $50M +426%](https://millionrounds.com/company/sabi) - [**Golbriak Space** 8 Oct 2026 · Join Capital $4.5M -53%](https://millionrounds.com/company/golbriak-space) - [**Quanfluence** 7 Oct 2026 · Chiratae Ventures $10M +5%](https://millionrounds.com/company/quanfluence) - [**TERASi** 22 Sept 2026 · NATO Innovation Fund (NIF) $13M +33%](https://millionrounds.com/company/terasi) - [**QSENSATO** 17 Sept 2026 · Quantonation $1.1M -88%](https://millionrounds.com/company/qsensato) - [**Sonic Fire Tech** 17 Aug 2026 · The O.H.I.O. Fund $15M +58%](https://millionrounds.com/company/sonic-fire-tech) - [**Reservoir** 12 Aug 2026 · Asymmetric Capital Partners $8.0M -16%](https://millionrounds.com/company/reservoir) - [**ZuriQ** 28 Jul 2026 · Quantonation $26M +168%](https://millionrounds.com/company/zuriq) **How to read these figures** They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. [How we read rounds](https://millionrounds.com/methodology). Other stages in Hardware & Electronics [**Series A** $25M](https://millionrounds.com/benchmarks/series-a/hardware) Seed elsewhere [**AI** $7.0M](https://millionrounds.com/benchmarks/seed/ai)[**United States** $9.0M](https://millionrounds.com/benchmarks/seed/united-states)[**United Kingdom** $3.1M](https://millionrounds.com/benchmarks/seed/united-kingdom)[**Fintech** $5.0M](https://millionrounds.com/benchmarks/seed/fintech)[**Healthcare** $4.9M](https://millionrounds.com/benchmarks/seed/healthcare)[**Software** $5.0M](https://millionrounds.com/benchmarks/seed/software)[**Biotech** $7.3M](https://millionrounds.com/benchmarks/seed/biotech)[**Robotics** $8.8M](https://millionrounds.com/benchmarks/seed/robotics)[**Cybersecurity** $10M](https://millionrounds.com/benchmarks/seed/cybersecurity)[**SaaS** $4.0M](https://millionrounds.com/benchmarks/seed/saas)[**Construction** $5.2M](https://millionrounds.com/benchmarks/seed/construction)[**Big Data & Analytics** $7.5M](https://millionrounds.com/benchmarks/seed/big-data)[**Australia** $4.0M](https://millionrounds.com/benchmarks/seed/australia)[**Enterprise Software** $8.3M](https://millionrounds.com/benchmarks/seed/enterprise-software)[**India** $2.5M](https://millionrounds.com/benchmarks/seed/india)[**Energy** $5.0M](https://millionrounds.com/benchmarks/seed/energy)[**Logistics** $4.0M](https://millionrounds.com/benchmarks/seed/logistics)[**Manufacturing** $4.4M](https://millionrounds.com/benchmarks/seed/manufacturing)[**Climate Tech** $4.4M](https://millionrounds.com/benchmarks/seed/climate)[**Defence Tech** $8.8M](https://millionrounds.com/benchmarks/seed/defensetech)[**Healthtech** $4.3M](https://millionrounds.com/benchmarks/seed/healthtech) ## Raising a seed round? See who leads rounds like yours, and check your raise before you pitch. [Take the Fundability Test](https://millionrounds.com/fundability)[Or find investors](https://millionrounds.com/investor-database) ## Q&A How big is a typical seed round in Hardware & Electronics? The median is $9.5M, from 42 seed rounds announced in Hardware & Electronics in the last twelve months. Half of them raised between $5.0M and $18M; one in ten raised more than $41M. Which rounds are counted? Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it. Are these figures biased? Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed. How often does it change? The figures are recounted from the record every night, as new rounds are read.