# Top 50 Hardware & Electronics Startups Founded in 2018 by Funding (2026)

> The 50 best-funded hardware & Electronics startups founded in 2018, ranked by total funding raised: $2.3B combined.

Source: https://millionrounds.com/top-lists/hardware-startups-founded-2018 (Millionrounds; every figure on the page links to its filing or article)

- 1 [**SemiDrive** SemiDrive is a Car smart driving chip developer](https://millionrounds.com/company/semidrive) SemiDrive is a Car smart driving chip developer *Founded* 2018 China **$288M** last round Sept 2026
- 2 [**CamGraPhIC** CamGraPhIC designs, develops and manufactures photonic circuits for telecoms and datacoms.](https://millionrounds.com/company/camgraphic) CamGraPhIC designs, develops and manufactures photonic circuits for telecoms and datacoms. *Founded* 2018 Cambridge, United Kingdom **$278M** last round Apr 2026
- 3 [**SiMa.ai** SiMa.ai is a leader in Physical AI, offering a software-centric, purpose-built Machine Learning System-on-Chip (MLSoC) platform.](https://millionrounds.com/company/sima-ai) SiMa.ai is a leader in Physical AI, offering a software-centric, purpose-built Machine Learning System-on-Chip (MLSoC) platform. *Founded* 2018 San Jose, United States **$235M** last round Sept 2026
- 4 [**Frore Systems** Frore Systems is a semiconductor and thermal technology startup based in San Jose, California, with manufacturing operations in Taiwan and offices in South Korea.](https://millionrounds.com/company/frore-systems) Frore Systems is a semiconductor and thermal technology startup based in San Jose, California, with manufacturing operations in Taiwan and offices in South Korea. *Founded* 2018 San Jose, United States **$223M** last round Mar 2026
- 5 [**Jolt Energy** JOLT Energy is a Munich-based company founded in 2018 that specializes in ultra-fast electric vehicle (EV) charging infrastructure.](https://millionrounds.com/company/jolt-energy) JOLT Energy is a Munich-based company founded in 2018 that specializes in ultra-fast electric vehicle (EV) charging infrastructure. *Founded* 2018 Muenchen, Germany **$169M** last round Dec 2024
- 6 [**Moffett AI** Moffett.AI, founded in 2018, is a sparse computing company that specializes in designing AI accelerator chips and next-generation AI computation platforms.](https://millionrounds.com/company/moffett-ai) Moffett.AI, founded in 2018, is a sparse computing company that specializes in designing AI accelerator chips and next-generation AI computation platforms. *Founded* 2018 Los Altos, China **$150M** last round Nov 2026
- 7 [**Sipay** Sipay is a Turkish fintech and payment-services company that offers a comprehensive financial platform for both businesses and consumers.](https://millionrounds.com/company/sipay) Sipay is a Turkish fintech and payment-services company that offers a comprehensive financial platform for both businesses and consumers. *Founded* 2018 Uskuedar, Türkiye **$93M** last round Apr 2025
- 8 [**Augmedix** Augmedix, a Commure company, empowers clinicians to connect with patients by liberating them from administrative burden through the power of ambient AI, data, and trust.](https://millionrounds.com/company/augmedix) Augmedix, a Commure company, empowers clinicians to connect with patients by liberating them from administrative burden through the power of ambient AI, data, and trust. *Founded* 2018 San Francisco, United States **$90M** last round Nov 2023
- 9 [**Tarabut** MENA’s first and largest regulated Open Banking platform (AISP & PISP) that connects a regional network of banks and FinTechs via API.](https://millionrounds.com/company/tarabut) MENA’s first and largest regulated Open Banking platform (AISP & PISP) that connects a regional network of banks and FinTechs via API. *Founded* 2018 Bahrain **$82M** last round Sept 2026
- 10 [**Scintil Photonics** SCINTIL Photonics is a fabless semiconductor company based in Grenoble, France, founded in 2018 by Sylvie Menezo.](https://millionrounds.com/company/scintil-photonics) SCINTIL Photonics is a fabless semiconductor company based in Grenoble, France, founded in 2018 by Sylvie Menezo. *Founded* 2018 Grenoble, France **$62M** last round Sept 2025
- 11 [**Somos Internet** Somos Internet is a Colombian telecommunications and technology startup founded in 2019 in Medellín.](https://millionrounds.com/company/somos-internet) Somos Internet is a Colombian telecommunications and technology startup founded in 2019 in Medellín. *Founded* 2018 Medellin, Colombia **$58M** last round Apr 2026
- 12 [**Lendis** Lendis is a German SaaS company founded in 2018, headquartered in Berlin.](https://millionrounds.com/company/lendis) Lendis is a German SaaS company founded in 2018, headquartered in Berlin. *Founded* 2018 Berlin, Germany **$57M** last round Jan 2022
- 13 [**Sabi** SABI is a software company that offers business consultancy, smart home integration, and web application development services.](https://millionrounds.com/company/sabi) SABI is a software company that offers business consultancy, smart home integration, and web application development services. *Founded* 2018 United States **$50M** last round Oct 2026
- 14 [**Huarui Micro** Huarui Micro is a technology company engaged in the development, production, sales, and service of semiconductors and power device products.](https://millionrounds.com/company/huarui-micro) Huarui Micro is a technology company engaged in the development, production, sales, and service of semiconductors and power device products. *Founded* 2018 Nanjing **$47M** last round Dec 2021
- 15 [**SM Lab** SM Lab provides develops and produces anode and cathode materials for secondary batteries.](https://millionrounds.com/company/sm-lab) SM Lab provides develops and produces anode and cathode materials for secondary batteries. *Founded* 2018 Ulsan **$38M** last round Dec 2021
- 16 [**Lemurian Labs** Lemurian Labs is an artificial intelligence and semiconductor company based in Menlo Park, California, with additional locations in Toronto and Santa Clara.](https://millionrounds.com/company/lemurian-labs) Lemurian Labs is an artificial intelligence and semiconductor company based in Menlo Park, California, with additional locations in Toronto and Santa Clara. *Founded* 2018 Santa Clara, United States **$37M** last round Dec 2025
- 17 [**Circuit Mind** Circuit Mind is a London-based deep-tech startup founded in 2018, specializing in AI-powered electronic design automation (EDA) software.](https://millionrounds.com/company/circuit-mind) Circuit Mind is a London-based deep-tech startup founded in 2018, specializing in AI-powered electronic design automation (EDA) software. *Founded* 2018 Southwark, United Kingdom **$25M** last round Oct 2026
- 18 [**Mechasys** Mechasys is a Montreal-based construction technology startup founded in March 2018 by three engineering students.](https://millionrounds.com/company/mechasys) Mechasys is a Montreal-based construction technology startup founded in March 2018 by three engineering students. *Founded* 2018 Montreal, Canada **$23M** last round Aug 2025
- 19 [**Getmobil** Getmobil Teknoloji Anonim Şirketi is a prominent Turkish technology company founded in 2018 by Zeynep Uygun and Mehmet Uygun.](https://millionrounds.com/company/getmobil) Getmobil Teknoloji Anonim Şirketi is a prominent Turkish technology company founded in 2018 by Zeynep Uygun and Mehmet Uygun. *Founded* 2018 Kağıthane, Türkiye **$22M** last round Dec 2025
- 20 [**EYEQ Lab** EYEQ Lab is an engineering service company that develops power semiconductors.](https://millionrounds.com/company/eyeq-lab) EYEQ Lab is an engineering service company that develops power semiconductors. *Founded* 2018 Ansan **$18M** last round May 2024
- 21 [**TUSK IC** Tusk IC is a fabless semiconductor company based in Antwerp, Belgium, specializing in millimeter-wave (mmWave) integrated circuit design.](https://millionrounds.com/company/tusk-ic) Tusk IC is a fabless semiconductor company based in Antwerp, Belgium, specializing in millimeter-wave (mmWave) integrated circuit design. *Founded* 2018 Antwerp, Belgium **$17M** last round Sept 2026
- 22 [**Spectricity** Spectricity is a fabless semiconductor company based in Mechelen, Belgium, specializing in miniaturized multispectral and hyperspectral sensing solutions.](https://millionrounds.com/company/spectricity) Spectricity is a fabless semiconductor company based in Mechelen, Belgium, specializing in miniaturized multispectral and hyperspectral sensing solutions. *Founded* 2018 Mechelen, Belgium **$17M** last round Aug 2021
- 23 [**GZTech** GZTech is a technology company that specializes in the development, production, and sale of advanced industrial lasers.](https://millionrounds.com/company/gztech) GZTech is a technology company that specializes in the development, production, and sale of advanced industrial lasers. *Founded* 2018 Wuhan **$14M** last round Jun 2024
- 24 [**Menhai Microelectronics** Menhai Microelectronics is an integrated circuit design company engaged in the R&D and sales of MCU/SOC chips.](https://millionrounds.com/company/menhai-microelectronics) Menhai Microelectronics is an integrated circuit design company engaged in the R&D and sales of MCU/SOC chips. *Founded* 2018 China **$14M** last round Jan 2025
- 25 [**Orri** Orri is a specialist eating disorder clinic based in London, UK, founded in 2018 by Kerrie Jones and a team of recovery professionals.](https://millionrounds.com/company/orri) Orri is a specialist eating disorder clinic based in London, UK, founded in 2018 by Kerrie Jones and a team of recovery professionals. *Founded* 2018 London, United Kingdom **$14M** last round Mar 2026
- 26 [**Lemon Photonics** LEMON Photonics was founded in 2018 and focus on the industrialization of high performance VCSEL, HCSEL, EEL laser chips, modules and solutions.](https://millionrounds.com/company/lemon-photonics) LEMON Photonics was founded in 2018 and focus on the industrialization of high performance VCSEL, HCSEL, EEL laser chips, modules and solutions. *Founded* 2018 Shen Zhen Shi, China **$13M** last round Jan 2023
- 27 [**Pharrowtech** Pharrowtech designs next-generation solutions for fixed-wireless access, wireless VR/AR and ultra-high capacity wireless links.](https://millionrounds.com/company/pharrowtech) Pharrowtech designs next-generation solutions for fixed-wireless access, wireless VR/AR and ultra-high capacity wireless links. *Founded* 2018 Heverlee, Belgium **$12M** last round Jul 2024
- 28 [**Spectrohm** Spectrohm uses radio waves to identify what's inside of objects, packages, and even people](https://millionrounds.com/company/spectrohm) Spectrohm uses radio waves to identify what's inside of objects, packages, and even people *Founded* 2018 Mclean, United States **$12M** last round Apr 2026
- 29 [**Mob-Energy** Mob-Energy is a French deeptech company founded in 2018 by engineers from INSA Lyon.](https://millionrounds.com/company/mob-energy) Mob-Energy is a French deeptech company founded in 2018 by engineers from INSA Lyon. *Founded* 2018 Venissieux, France **$11M** last round Jul 2023
- 30 [**Sonera Magnetics** Sonera develops a technology for high-performance, non-invasive brain-computer interfaces to democratize access to the brain.](https://millionrounds.com/company/sonera-magnetics) Sonera develops a technology for high-performance, non-invasive brain-computer interfaces to democratize access to the brain. *Founded* 2018 Berkeley, United States **$11M** last round Sept 2023
- 31 [**vitrealab** Vitrealab is a deep-tech photonics company based in Vienna, founded in 2018.](https://millionrounds.com/company/vitrealab) Vitrealab is a deep-tech photonics company based in Vienna, founded in 2018. *Founded* 2018 Vienna, Austria **$11M** last round Jan 2026
- 32 [**SeamlessHR** End-to-end, modern cloud-based HR platform for emerging markets.](https://millionrounds.com/company/seamlesshr) End-to-end, modern cloud-based HR platform for emerging markets. *Founded* 2018 Nigeria **$9.0M** last round Jan 2025
- 33 [**MealMe** The Universal Point of Sale API](https://millionrounds.com/company/mealme) The Universal Point of Sale API *Founded* 2018 Atlanta, United States **$8.0M** last round Oct 2024
- 34 [**Presso** Presso offers distributed micro-retail solution for ultra-fast dry-cleaning.](https://millionrounds.com/company/presso) Presso offers distributed micro-retail solution for ultra-fast dry-cleaning. *Founded* 2018 United States **$8.0M** last round Jan 2023
- 35 [**SmartAC.com** SmartAC.com is a Houston-based technology company that specializes in Customer Loyalty Management (CLM) and AI-driven HVAC health monitoring solutions.](https://millionrounds.com/company/smartac-com) SmartAC.com is a Houston-based technology company that specializes in Customer Loyalty Management (CLM) and AI-driven HVAC health monitoring solutions. *Founded* 2018 Houston, United States **$6.8M** last round Apr 2025
- 36 [**Gemist** Gemist is the first-ever D2C custom jewelry company that allows consumers to design jewelry and try it on before they buy.](https://millionrounds.com/company/gemist) Gemist is the first-ever D2C custom jewelry company that allows consumers to design jewelry and try it on before they buy. *Founded* 2018 Los Angeles, United States **$6.0M** last round Jun 2025
- 37 [**JALA** JALA, also known as Jala Tech, is a full-stack aquaculture technology company based in Sleman, Special Region of Yogyakarta, Indonesia.](https://millionrounds.com/company/jala) JALA, also known as Jala Tech, is a full-stack aquaculture technology company based in Sleman, Special Region of Yogyakarta, Indonesia. *Founded* 2018 Sleman, Indonesia **$6.0M** last round Nov 2021
- 38 [**Anbetec** Anbetec is a Brazilian fintech and technology company founded in 2018, led by CEO Eduardo Mendonça.](https://millionrounds.com/company/anbetec) Anbetec is a Brazilian fintech and technology company founded in 2018, led by CEO Eduardo Mendonça. *Founded* 2018 Goiania, Brazil **$5.8M** last round Jan 2026
- 39 [**Lyfegen** Lyfegen HealthTech AG is a global Software-as-a-Service (SaaS) provider based in Basel, Switzerland, with a focus on enhancing drug access, pricing, contracting](https://millionrounds.com/company/lyfegen) Lyfegen HealthTech AG is a global Software-as-a-Service (SaaS) provider based in Basel, Switzerland, with a focus on enhancing drug access, pricing, contracting *Founded* 2018 Basel, Switzerland **$5.7M** last round Dec 2024
- 40 [**Croptimistic Technology Inc.** Croptimistic Technology Inc.](https://millionrounds.com/company/croptimistic-technology-inc) Croptimistic Technology Inc. *Founded* 2018 Saskatoon, Canada **$5.2M** last round Jun 2021
- 41 [**Acwa Robotics** Acwa Robotics développe des solutions robotiques et numériques pour aider les services de l'eau du monde entier à cartographier et à évaluer l'état de leur réseau.](https://millionrounds.com/company/acwa-robotics) Acwa Robotics développe des solutions robotiques et numériques pour aider les services de l'eau du monde entier à cartographier et à évaluer l'état de leur réseau. *Founded* 2018 Petreto-Bicchisano, France **$5.2M** last round Jan 2024
- 42 [**Smoodi** smoodi is a Boston-based technology and beverage company that specializes in providing a fully automated smoothie solution for foodservice and retail operators.](https://millionrounds.com/company/smoodi) smoodi is a Boston-based technology and beverage company that specializes in providing a fully automated smoothie solution for foodservice and retail operators. *Founded* 2018 Boston, United States **$5.0M** last round Nov 2022
- 43 [**Golbriak Space** Golbriak Space is an aerospace company.](https://millionrounds.com/company/golbriak-space) Golbriak Space is an aerospace company. *Founded* 2018 Estonia **$4.5M** last round Oct 2026
- 44 [**Novac** Complete portal for Personal Finance and Wealth Management](https://millionrounds.com/company/novac) Complete portal for Personal Finance and Wealth Management *Founded* 2018 Italy **$3.8M** last round Mar 2025
- 45 [**Verdel Instruments** Verdel Instruments develops two-dimensional mass spectrometry technology.](https://millionrounds.com/company/verdel-instruments) Verdel Instruments develops two-dimensional mass spectrometry technology. *Founded* 2018 United Kingdom **$3.7M** last round Aug 2025
- 46 [**Curbside Health** Improving medical decision making through an EHR-integrated B2B SaaS platform for hospitals and front-line clinicians.](https://millionrounds.com/company/curbside-health) Improving medical decision making through an EHR-integrated B2B SaaS platform for hospitals and front-line clinicians. *Founded* 2018 San Francisco, United States **$3.7M** last round Jan 2022
- 47 [**GPHY** GPHY is a web platform that develops a hybrid workspace management IoT ecosystem.](https://millionrounds.com/company/gphy) GPHY is a web platform that develops a hybrid workspace management IoT ecosystem. *Founded* 2018 Québec, Canada **$3.6M** last round Oct 2024
- 48 [**A Plus** A Plus research, designs, and manufactures access control, presence detection, building automation, and physical barrier security solutions.](https://millionrounds.com/company/a-plus) A Plus research, designs, and manufactures access control, presence detection, building automation, and physical barrier security solutions. *Founded* 2018 Empoli, United States **$3.5M** last round Mar 2015
- 49 [**Grest** GREST, officially known as Radical Aftermarket Services Private Limited, is a leading electronics re-commerce company based in Gurugram, Haryana, India.](https://millionrounds.com/company/grest) GREST, officially known as Radical Aftermarket Services Private Limited, is a leading electronics re-commerce company based in Gurugram, Haryana, India. *Founded* 2018 Gurgaon, India **$3.5M** last round Sept 2025
- 50 [**Incore Semiconductors** InCore Semiconductors is a fabless semiconductor startup based in Chennai, India, with a secondary presence in Bengaluru.](https://millionrounds.com/company/incore-semiconductors) InCore Semiconductors is a fabless semiconductor startup based in Chennai, India, with a secondary presence in Bengaluru. *Founded* 2018 Chennai, India **$3.0M** last round May 2023

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies founded in 2018 whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

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