Monthly roundup · Hardware & Electronics · September 2026
Hardware & Electronics startup funding, September 2026: Positron AI's $875M Series C leads 23 rounds
We read 23 equity rounds in Hardware & Electronics announced in September 2026, raising $3.1B between them: 6% of all the rounds we read that month and 8% of the money. The largest was Positron AI's $875M Series C, led by New Enterprise Associates and Valor Equity Partners. The median seed round was $3.3M, against $10M over the last twelve months in Hardware & Electronics; at Series A it was $15M. Valor Equity Partners led the most rounds, with 2.
The biggest rounds
- 1
Positron AISeries C · led by New Enterprise Associates, Valor Equity Partners$875M - 2
GroqGrowth · United States · led by Disruptive$750M - 3TTripo AISeries B · United States · led by MPCi$446M
- 4DD-RoboticsSeries C · China · led by Mirae Asset$400M
- 5
SemiDriveSeries C · China$150M - 6
SiMa.aiSeries C · United States · led by Fidelity, Amplify Partners$150M - 7KKinetix AISeed · China$75M
- 8
UltrahumanGrowth · India$70M - 9
Flow EngineeringSeries B · United States · led by Valor Equity Partners, Atreides Management$50M - 10
MorphotonicsSeries B · Netherlands$46M
United States · led by Disruptive
China · led by Mirae Asset
India
NetherlandsDay by day
Equity rounds in Hardware & Electronics announced each day of September. The busiest day was 17 September, with 3.
By stage, against the year
Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors.
The most active leads
Firms that led two or more of the month's rounds in Hardware & Electronics.
Where
South Africa
ItalyUnited States had the most Hardware & Electronics rounds this month.
Against the month
- Rounds, Hardware & Electronics23
- Rounds, all sectors357
- Raised, Hardware & Electronics$3.1B
- Raised, all sectors$39B