# Hardware & Electronics investors in Central and Eastern Europe (2026 list)

> 23 hardware & Electronics investors in Central and Eastern Europe, 100% active in the last 12 months.

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

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

# Hardware & Electronics investors in Central and Eastern Europe

Updated 7 November 2026

Firms observed backing a hardware & Electronics company in Central and Eastern Europe in the last two years, wherever the firm is based.

[See all 23 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fhardware-investors-in-cee)The top 23

**23** investors on the list *+1* this week

**383** cheques in 12 months *-11%* against the market

**$3.2M** median round they joined *-60%* against the market median

**100%** wrote a cheque in 12 months

**43%** have led a round

## The Top 23

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

- 1 [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
- 2 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 3 [Katapult](https://millionrounds.com/fund/katapult) *Deploying now* VC firm · Norway **83** **$1M** median round **Sept 2026** last seen
- 4 [NATO DIANA](https://millionrounds.com/fund/nato-diana) *Deploying now* Investment firm **67** **$417K** median round **Jul 2026** last seen
- 5 [Taiwania Capital](https://millionrounds.com/fund/taiwania-capital) *Deploying now* Growth equity · Taiwan **60** **$14M** median round **Jul 2026** last seen
- 6 [Day One Capital](https://millionrounds.com/fund/day-one-capital) *Deploying now* VC firm · Hungary **51** **$7.7M** median round **Sept 2026** last seen
- 7 [Heartfelt Capital](https://millionrounds.com/fund/heartfelt) *Deploying now* VC firm · Germany **50** **$1.6M** median round **Nov 2026** last seen
- 8 [Coinvest Capital](https://millionrounds.com/fund/coinvest-capital) *Deploying now* VC firm · Lithuania **44** **$1.3M** median round **Oct 2026** last seen
- 9 [Clean Energy Finance Corporation](https://millionrounds.com/fund/clean-energy-finance-corporation) *Deploying now* VC firm · Australia **41** **$24M** median round **Oct 2026** last seen
- 10 [Depo Ventures](https://millionrounds.com/fund/depo-ventures) *Deploying now* VC firm · Czechia **40** **$1.1M** median round **Aug 2026** last seen
- 11 [FIRSTPICK](https://millionrounds.com/fund/firstpick) *Deploying now* VC firm · Lithuania **33** **$625K** median round **Sept 2026** last seen
- 12 [Five V Capital](https://millionrounds.com/fund/five-v-capital) *Deploying now* Private equity · Australia **32** **$13M** median round **Jun 2026** last seen
- 13 [Join Capital](https://millionrounds.com/fund/join-capital) *Deploying now* VC firm · Germany **7** **$7M** median round **Oct 2026** last seen
- 14 [NGL Ventures](https://millionrounds.com/fund/ngl-ventures) *Deploying now* Angel network · Lithuania **7** **$2.2M** median round **Oct 2026** last seen
- 15 [MITS Fund](https://millionrounds.com/fund/mits-capital) *Deploying now* VC firm · United States **5** **$1.5M** median round **Sept 2026** last seen
- 16 [PhotonVentures](https://millionrounds.com/fund/photonventures) *Deploying now* VC firm · Netherlands **5** **$10M** median round **Oct 2026** last seen
- 17 [LitBAN (Lithuanian Business Angels Network)](https://millionrounds.com/fund/litban-lithuanian-business-angels-network) *Deploying now* VC firm · Lithuania **4** **$2M** median round **Oct 2026** last seen
- 18 [Freedom Fund](https://millionrounds.com/fund/freedom-fund) *Deploying now* VC firm · United Kingdom **3** **$10M** median round **Oct 2026** last seen
- 19 [BADideas](https://millionrounds.com/fund/badideas) *Deploying now* VC firm · Latvia **2** **$3.2M** median round **Feb 2026** last seen
- 20 [Gardar Venture Capital](https://millionrounds.com/fund/gardar-venture-capital) *Deploying now* VC firm · Norway **2** **$16M** median round **Oct 2026** last seen
- 21 [PurposeTech](https://millionrounds.com/fund/purposetech) *Deploying now* VC firm · Czechia **1** **$1.8M** median round **Feb 2026** last seen
- 22 [Takeoff Accelerator](https://millionrounds.com/fund/takeoff-accelerator) *Deploying now* Accelerator · Italy **1** **$4.5M** median round **Oct 2026** last seen
- 23 [Takeoff](https://millionrounds.com/fund/takeoff) *Deploying now* VC firm **1** **$4.5M** median round **Oct 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **4** Nov **[Supa](https://millionrounds.com/company/supa)** Seed · $28M *With* [Heartfelt Capital](https://millionrounds.com/fund/heartfelt)
- **2** Nov **[Hypersonica](https://millionrounds.com/company/hypersonica)** Series B · $112M *Led by* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners)
- **30** Oct **[Neoen](https://millionrounds.com/company/neoen)** Debt · $1.3B *With* [Clean Energy Finance Corporation](https://millionrounds.com/fund/clean-energy-finance-corporation)
- **30** Oct **[Fractile](https://millionrounds.com/company/fractile)** Series C · $700M *Led by* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners)
- **29** Oct **[Dren Bio](https://millionrounds.com/company/dren-bio)** Other · $350M *Led by* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners)
- **29** Oct **[KineDB](https://millionrounds.com/company/kinedb)** Pre-seed · $946K *With* [NGL Ventures](https://millionrounds.com/fund/ngl-ventures)

## Stages This Year

364 rounds

- Venture **25%**
- Series A **16%**
- Seed **16%**
- Series B **9%**
- Series C **6%**
- Other **28%**

## What They Backed

Sectors, last 12 months

- AI **163**
- Big Data & Analytics **23**
- Software **23**
- Aerospace & Space **23**
- Energy **19**
- Fintech **18**

## Cheques by Quarter

Led Joined

95 Q1 25

139 Q2 25

116 Q3 25

107 Q4 25

147 Q1 26

92 Q2 26

75 Q3 26

36 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america)
- [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe)
- [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america)
- [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america)
- [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia)
- [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america)
- [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america)
- [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america)
- [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america)

[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
- The British Industrial Revolution in Global Perspective Robert C. Allen · 2009 3.99 from 277 ratings on Goodreads Hardware and deep tech About the book Why did the industrial revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British industrial revolution was a successful response to the global economy of the seventeenth and… On AmazonListen on Audible
- Made in the USA: The Rise and Retreat of American Manufacturing Vaclav Smil · 2013 3.77 from 518 ratings on Goodreads Hardware and deep tech About the book In Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without… 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

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about hardware & Electronics investors in Central and Eastern Europe

### Who are the most active hardware & Electronics investors in Central and Eastern Europe?

By cheques observed, the most active are Lightspeed Venture Partners, Google for Startups, Katapult, NATO DIANA and Taiwania Capital.

### How many hardware & Electronics investors in Central and Eastern Europe are there?

23 are on record. 100% made an investment in the last 12 months and 43% have led a round.

### Which stages do hardware & Electronics investors in Central and Eastern Europe back?

Of the rounds with a named stage in the last 12 months, mostly Series A (24%) and Seed (24%).

### How big are the rounds hardware & Electronics investors in Central and Eastern Europe join?

The typical (median) round among the leading investors here is $3.2M.

### Which sectors do hardware & Electronics investors in Central and Eastern Europe back most?

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

### Which hardware & Electronics investors in Central and Eastern Europe lead the most rounds?

Lightspeed Venture Partners (83 led), Join Capital (6 led) and Coinvest Capital (5 led).

### Where are hardware & Electronics investors in Central and Eastern Europe based?

Among the most active, most are based in Lithuania (4), the United States (3) and Norway (2).

### What have hardware & Electronics investors in Central and Eastern Europe invested in recently?

Recent rounds include Supa (Seed, Nov 2026, with Heartfelt Capital), Hypersonica (Series B, Nov 2026, with Lightspeed Venture Partners) and Neoen (Debt, Oct 2026, with Clean Energy Finance Corporation).

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