# Growth hardware & Electronics investors (2026 list)

> 187 growth hardware & Electronics investors, 95% active in the last 12 months. Led by Y Combinator, Sequoia Capital, Andreessen Horowitz.

Source: https://millionrounds.com/lists/growth-hardware-investors (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Growth hardware & Electronics investors

Updated 7 November 2026

Firms we have watched take part in a growth round raised by a hardware & Electronics company in the last two years. Both the stage and the sector are what they did, not what their website says.

[See all 187 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fgrowth-hardware-investors)The top 25

**187** investors on the list *+5* this week

**5,793** cheques in 12 months *+6%* against the market

**$49M** median round they joined *+506%* against the market median

**95%** wrote a cheque in 12 months

**66%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen
- 3 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 4 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen
- 5 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 6 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 7 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) *Deploying now* VC firm · United States **1,341** **$35M** median round **Nov 2026** last seen
- 8 [Intel Capital](https://millionrounds.com/fund/intel-capital) *Deploying now* Corporate VC · United States **1,123** **$22M** median round **Oct 2026** last seen
- 9 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 10 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) *Deploying now* VC firm · United States **1,038** **$30M** median round **Nov 2026** last seen
- 11 [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) *Deploying now* VC firm · United States **773** **$47M** median round **Nov 2026** last seen
- 12 [Battery Ventures](https://millionrounds.com/fund/battery-ventures) *Deploying now* VC firm · United States **658** **$32M** median round **Nov 2026** last seen
- 13 [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) *Deploying now* Corporate VC · United States **649** **$26M** median round **Nov 2026** last seen
- 14 [Benchmark](https://millionrounds.com/fund/benchmark) *Deploying now* VC firm · United States **587** **$30M** median round **Oct 2026** last seen
- 15 [Citibank](https://millionrounds.com/fund/citi) *Deploying now* Growth equity · United States **566** **$20M** median round **Oct 2026** last seen
- 16 [Mayfield Fund](https://millionrounds.com/fund/mayfield) *Deploying now* VC firm · United States **509** **$23M** median round **Oct 2026** last seen
- 17 [Founder Collective](https://millionrounds.com/fund/founder-collective) *Deploying now* VC firm · United States **502** **$8M** median round **Sept 2026** last seen
- 18 [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) *Deploying now* VC firm · Japan **480** **$7.6M** median round **Sept 2026** last seen
- 19 [Spark Capital](https://millionrounds.com/fund/spark-capital) *Deploying now* VC firm · United States **471** **$40M** median round **Oct 2026** last seen
- 20 [Lux Capital](https://millionrounds.com/fund/lux-capital) *Deploying now* VC firm · United States **445** **$30M** median round **Nov 2026** last seen
- 21 [DCVC](https://millionrounds.com/fund/data-collective) *Deploying now* VC firm · United States **431** **$29M** median round **Nov 2026** last seen
- 22 [Coatue](https://millionrounds.com/fund/coatue-management) *Deploying now* VC firm · United States **404** **$85M** median round **Oct 2026** last seen
- 23 [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) *Deploying now* VC firm · United States **398** **$40M** median round **Nov 2026** last seen
- 24 [Matrix Partners](https://millionrounds.com/fund/matrix-partners) *Deploying now* VC firm · United States **396** **$19M** median round **Aug 2026** last seen
- 25 [Temasek Holdings](https://millionrounds.com/fund/temasek) *Deploying now* VC firm · Singapore **384** **$100M** median round **Oct 2026** last seen

**162 more on this list**

All 187 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fgrowth-hardware-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Fathom Therapeutics](https://millionrounds.com/company/fathom-therapeutics)** Round *With* [Sutter Hill Ventures](https://millionrounds.com/fund/sutter-hill-ventures)
- **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital)
- **6** Nov **[Shield AI](https://millionrounds.com/company/shield-ai)** $2B *Led by* [Disruptive](https://millionrounds.com/fund/disruptive)
- **6** Nov **[Humble Robotics](https://millionrounds.com/company/humble-robotics)** Series A · $51M *With* [Eclipse](https://millionrounds.com/fund/eclipse)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *Led by* [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund)

## Stages This Year

3,825 rounds

- Venture **20%**
- Series A **16%**
- Seed **16%**
- Series B **10%**
- Pre-seed **9%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **1,750**
- Fintech **253**
- Big Data & Analytics **232**
- Biotech **206**
- Healthcare **199**
- Financial Services **164**

## Cheques by Quarter

Led Joined

1,347 Q1 25

1,359 Q2 25

1,627 Q3 25

1,683 Q4 25

1,760 Q1 26

1,556 Q2 26

1,358 Q3 26

433 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Seed AI investors 2,922](https://millionrounds.com/lists/seed-ai-investors)
- [Series A AI investors 2,490](https://millionrounds.com/lists/series-a-ai-investors)
- [Series B AI investors 1,557](https://millionrounds.com/lists/series-b-ai-investors)
- [Pre-seed AI investors 1,286](https://millionrounds.com/lists/pre-seed-ai-investors)
- [Growth AI investors 1,186](https://millionrounds.com/lists/growth-ai-investors)
- [Series A fintech investors 950](https://millionrounds.com/lists/series-a-fintech-investors)
- [Series C AI investors 930](https://millionrounds.com/lists/series-c-ai-investors)
- [Seed fintech investors 925](https://millionrounds.com/lists/seed-fintech-investors)
- [Series A biotech investors 650](https://millionrounds.com/lists/series-a-biotech-investors)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in hardware and deep tech

- The One Device: The Secret History of the iPhone Brian Merchant · 2017 3.89 from 1,949 ratings on Goodreads Hardware and deep tech About the book We know the iPhone as the device that transformed our world, changing everything from how we talk to each other and do business, to how we exercise, travel, shop, and watch TV. But packed within its slim profile is the fascinating, untold story of scientific, technological, and… On AmazonListen on Audible
- Behemoth: A History of the Factory and the Making of the Modern World Joshua B. Freeman · 2018 3.83 from 864 ratings on Goodreads Hardware and deep tech About the book "Freeman’s rich and ambitious Behemoth depicts a world in retreat that still looms large in the national imagination.…More than an economic history, or a chronicle of architectural feats and labor movements." ―Jennifer Szalai, New York Times In an accessible and timely work of… On AmazonListen on Audible
- The New Industrial State John Kenneth Galbraith · 1967 3.91 from 503 ratings on Goodreads Hardware and deep tech About the book With searing wit and incisive commentary, John Kenneth Galbraith redefined America's perception of itself in The New Industrial State, one of his landmark works. The United States is no longer a free-enterprise society, Galbraith argues, but a structured state controlled by the… On AmazonListen on Audible
- Product Design and Development Karl T. Ulrich · 1994 4.01 from 486 ratings on Goodreads Hardware and deep tech About the book Treating such contemporary design and development issues as identifying customer needs, design for manufacturing, prototyping, and industrial design, Product Design and Development by Ulrich and Eppinger presents in a clear and detailed way a set of product development… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&model=hardware&stage=scaling).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about growth hardware & Electronics investors

### Who are the most active growth hardware & Electronics investors?

By cheques observed, the most active are Y Combinator, Sequoia Capital, Andreessen Horowitz, Alumni Ventures and Plug and Play.

### How many growth hardware & Electronics investors are there?

187 are on record. 95% made an investment in the last 12 months and 66% have led a round.

### Which stages do growth hardware & Electronics investors back?

Of the rounds with a named stage in the last 12 months, mostly Series A (22%) and Seed (22%).

### How big are the rounds growth hardware & Electronics investors join?

The typical (median) round among the leading investors here is $27M.

### Which sectors do growth hardware & Electronics investors back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

### Which growth hardware & Electronics investors lead the most rounds?

Andreessen Horowitz (114 led), General Catalyst (97 led) and Sequoia Capital (91 led).

### Where are growth hardware & Electronics investors based?

Most of the leading investors here are based in the United States (23 of the top 25); the rest in Japan and Singapore.

### What have growth hardware & Electronics investors invested in recently?

Recent rounds include Fathom Therapeutics (Nov 2026, with Sutter Hill Ventures), Physicl (Seed, Nov 2026, with Inovia Capital) and Shield AI (Nov 2026, with Disruptive).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)