# Top 50 Hardware Startups in the United States by Funding (2026)

> The 50 best-funded hardware startups in the United States, ranked by total funding raised: $50B combined.

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

- 1 [**Anduril Industries** Anduril Industries is a defense technology company that specializes in developing advanced autonomous systems to enhance national security.](https://millionrounds.com/company/anduril-industries) Anduril Industries is a defense technology company that specializes in developing advanced autonomous systems to enhance national security. *Founded* 2017 Costa Mesa, United States **$7.5B** last round May 2026
- 2 [**Groq** Groq, Inc.](https://millionrounds.com/company/groq) Groq, Inc. *Founded* 2016 Palo Alto, United States **$3.2B** last round Sept 2026
- 3 [**Tenstorrent** Tenstorrent is a computing company that develops processors designed to help in faster training and adaptability to future algorithms.](https://millionrounds.com/company/tenstorrent) Tenstorrent is a computing company that develops processors designed to help in faster training and adaptability to future algorithms. *Founded* 2016 North York, United States **$3.0B** last round Oct 2026
- 4 [**Cerebras Systems** Cerebras Systems develops computing chips with the sole purpose of accelerating AI.](https://millionrounds.com/company/cerebras-systems) Cerebras Systems develops computing chips with the sole purpose of accelerating AI. *Founded* 2016 Sunnyvale, United States **$3.0B** last round Apr 2026
- 5 [**Fluidstack** FluidStack is a GPU cloud for AI, ML and LLM companies.](https://millionrounds.com/company/fluidstack) FluidStack is a GPU cloud for AI, ML and LLM companies. *Founded* 2017 New York, United States **$3.0B** last round Sept 2026
- 6 [**Zipline** DataMax Group was acquired by PDI in April 2017.](https://millionrounds.com/company/zipline) DataMax Group was acquired by PDI in April 2017. *Founded* 1994 Round Rock, United States **$2.2B** last round Nov 2026
- 7 [**Figure AI**](https://millionrounds.com/company/figure-ai) *Founded* 2023 United States **$2.2B** last round Feb 2025
- 8 [**Apptronik** Apptronik is a human-centered robotics company based in Austin, Texas, founded in 2016 as a spinout from the Human Centered Robotics Lab at the University of Te](https://millionrounds.com/company/apptronik) Apptronik is a human-centered robotics company based in Austin, Texas, founded in 2016 as a spinout from the Human Centered Robotics Lab at the University of Te *Founded* 2015 Austin, United States **$1.8B** last round Feb 2026
- 9 [**Atoms**](https://millionrounds.com/company/atoms) *Founded* - United States **$1.7B** last round Jul 2026
- 10 [**SILA**](https://millionrounds.com/company/sila) *Founded* - United States **$1.7B** last round Aug 2026
- 11 [**Hark**](https://millionrounds.com/company/hark) *Founded* - United States **$1.4B** last round Aug 2026
- 12 [**Wrench Group** Wrench Group offers home repair, replacement and maintenance services specializing in heating and ventilation.](https://millionrounds.com/company/wrench-group) Wrench Group offers home repair, replacement and maintenance services specializing in heating and ventilation. *Founded* 2015 Marietta, United States **$1.3B** last round Sept 2025
- 13 [**WHOOP** WHOOP is a performance optimization system that tracks athlete recovery, training, and sleeping hours to help boost performance.](https://millionrounds.com/company/whoop) WHOOP is a performance optimization system that tracks athlete recovery, training, and sleeping hours to help boost performance. *Founded* 2012 Boston, United States **$1.3B** last round Mar 2026
- 14 [**SambaNova Systems** SambaNova Systems builds AI hardware and integrated systems to run AI applications from the data center to the cloud.](https://millionrounds.com/company/sambanova-systems) SambaNova Systems builds AI hardware and integrated systems to run AI applications from the data center to the cloud. *Founded* 2017 Palo Alto, United States **$1.0B** last round Jul 2026
- 15 [**Etched** Etched is a technology company that has developed Sohu, the world’s first specialized chip (ASIC) designed specifically for transformer inference.](https://millionrounds.com/company/etched) Etched is a technology company that has developed Sohu, the world’s first specialized chip (ASIC) designed specifically for transformer inference. *Founded* 2022 San Jose, United States **$1.0B** last round Aug 2026
- 16 [**Unconventional, Inc.**](https://millionrounds.com/company/unconventional-inc) *Founded* - United States **$1.0B** last round Oct 2025
- 17 [**Bloom Energy** Bloom Energy empowers businesses and communities to responsibly take charge of their energy.](https://millionrounds.com/company/bloom-energy) Bloom Energy empowers businesses and communities to responsibly take charge of their energy. *Founded* 2001 San Jose, United States **$960M** last round Jan 2015
- 18 [**Ayar Labs** Ayar Labs is a semiconductor company focused on transforming AI infrastructure through high-speed, light-based optical I/O solutions.](https://millionrounds.com/company/ayar-labs) Ayar Labs is a semiconductor company focused on transforming AI infrastructure through high-speed, light-based optical I/O solutions. *Founded* 2015 San Jose, United States **$904M** last round Oct 2026
- 19 [**Positron AI** Positron AI is a semiconductor and AI infrastructure company based in Reno, Nevada, founded in 2023.](https://millionrounds.com/company/positron-ai) Positron AI is a semiconductor and AI infrastructure company based in Reno, Nevada, founded in 2023. *Founded* 2023 Reno, United States **$875M** last round Sept 2026
- 20 [**Positron**](https://millionrounds.com/company/positron) *Founded* - United States **$732M** last round Sept 2026
- 21 [**SiFive** SiFive is a platform offering open-source semiconductor technology and software automation.](https://millionrounds.com/company/sifive) SiFive is a platform offering open-source semiconductor technology and software automation. *Founded* 2015 San Mateo, United States **$700M** last round Apr 2026
- 22 [**MatX** MatX designs hardware tailored for the world's best AI models: We dedicate every transistor to maximizing performance for large models.](https://millionrounds.com/company/matx) MatX designs hardware tailored for the world's best AI models: We dedicate every transistor to maximizing performance for large models. *Founded* 2022 Mountain View, United States **$580M** last round Feb 2026
- 23 [**Beats Electronics** Beats Electronics offers premium consumer headphones, earphones and speakers, software technology and streaming music subscription services.](https://millionrounds.com/company/beats-electronics) Beats Electronics offers premium consumer headphones, earphones and speakers, software technology and streaming music subscription services. *Founded* 2006 Los Angeles, United States **$560M** last round Sept 2013
- 24 [**Northwood Space** Northwood Space is a hardware solution that expands the orbits and frequency ranges available from the ground for satellite communication.](https://millionrounds.com/company/northwood-space) Northwood Space is a hardware solution that expands the orbits and frequency ranges available from the ground for satellite communication. *Founded* 2023 Los Angeles, United States **$505M** last round Nov 2026
- 25 [**Etched AI** Etch believes in improving people's lives through the power of mobile technology.](https://millionrounds.com/company/etched-ai) Etch believes in improving people's lives through the power of mobile technology. *Founded* 2011 San Jose, United States **$500M** last round Jan 2026
- 26 [**Rippling** Rippling is an HR management company that offers a workforce management platform, streamlining HR and IT operations across organizations.](https://millionrounds.com/company/rippling) Rippling is an HR management company that offers a workforce management platform, streamlining HR and IT operations across organizations. *Founded* 2016 San Francisco, United States **$495M** last round May 2025
- 27 [**Flock Safety** Flock Safety develops security solutions using automated license plate recognition (ALPR) cameras.](https://millionrounds.com/company/flock-safety) Flock Safety develops security solutions using automated license plate recognition (ALPR) cameras. *Founded* 2017 Atlanta, United States **$485M** last round Apr 2026
- 28 [**Unconventional AI** Unconventional AI rethinks computer foundations to optimize energy efficiency for AI.](https://millionrounds.com/company/unconventional-ai) Unconventional AI rethinks computer foundations to optimize energy efficiency for AI. *Founded* - San Francisco, United States **$475M** last round Dec 2025
- 29 [**Tripo AI**](https://millionrounds.com/company/tripo-ai) *Founded* - United States **$446M** last round Sept 2026
- 30 [**Oxide** oxide is a unique venture companies that provide a key material state-of-the-art light technology as "single crystal material.](https://millionrounds.com/company/oxide) oxide is a unique venture companies that provide a key material state-of-the-art light technology as "single crystal material. *Founded* 2000 United States **$445M** last round Oct 2026
- 31 [**Boston Power** Boston-Power is a leading developer and manufacturer of next-generation lithium-ion battery cells, blocks, modules and systems.](https://millionrounds.com/company/boston-power) Boston-Power is a leading developer and manufacturer of next-generation lithium-ion battery cells, blocks, modules and systems. *Founded* 2005 Westborough, United States **$371M** last round Feb 2015
- 32 [**Skydio** Skydio is a leading U.S.](https://millionrounds.com/company/skydio) Skydio is a leading U.S. *Founded* 2014 San Mateo, United States **$350M** last round Apr 2026
- 33 [**Infinite Reality**](https://millionrounds.com/company/infinite-reality) *Founded* - United States **$350M** last round Oct 2024
- 34 [**Sunrise** The Happinessweb (THW) will wind down its operations on 31 December 2026.](https://millionrounds.com/company/sunrise) The Happinessweb (THW) will wind down its operations on 31 December 2026. *Founded* - United States **$335M** last round Aug 2026
- 35 [**Sophia Space** Sophia Space Inc.](https://millionrounds.com/company/sophia-space) Sophia Space Inc. *Founded* 2025 Pasadena, United States **$310M** last round Sept 2026
- 36 [**MedSolutions** MedSolutions is is a Smart Cloud-based Healthcare Management system.](https://millionrounds.com/company/medsolutions) MedSolutions is is a Smart Cloud-based Healthcare Management system. *Founded* 2019 United States **$300M** last round Nov 2010
- 37 [**Accelerated Mobile Power** Accelerated Mobile Power offers mobile energy generation services.](https://millionrounds.com/company/accelerated-mobile-power) Accelerated Mobile Power offers mobile energy generation services. *Founded* 2023 The Woodlands, United States **$300M** last round May 2024
- 38 [**Sesame**](https://millionrounds.com/company/sesame) *Founded* - United States **$269M** last round Oct 2025
- 39 [**Starry** STARRY's diverse staff nurtures children, strengthens families, and restores hope through no-cost family counseling, fatherhood, and family preservation services.](https://millionrounds.com/company/starry) STARRY's diverse staff nurtures children, strengthens families, and restores hope through no-cost family counseling, fatherhood, and family preservation services. *Founded* 2001 Georgetown, United States **$250M** last round Oct 2021
- 40 [**Rivos** Rivos is a high-performance RISC-V system startup targeting integrated system solutions for enterprises.](https://millionrounds.com/company/rivos) Rivos is a high-performance RISC-V system startup targeting integrated system solutions for enterprises. *Founded* 2021 Santa Clara, United States **$250M** last round Aug 2025
- 41 [**Heron Power** Heron Power is an energy infrastructure company based in Scotts Valley, California, founded in 2024 by Drew Baglino, a former Tesla executive.](https://millionrounds.com/company/heron-power) Heron Power is an energy infrastructure company based in Scotts Valley, California, founded in 2024 by Drew Baglino, a former Tesla executive. *Founded* 2024 Scotts Valley, United States **$238M** last round Sept 2026
- 42 [**Kymeta** Kymeta is a developer of hybrid satellite-cellular networks used to satisfy the demand for global ubiquitous mobile connectivity.](https://millionrounds.com/company/kymeta) Kymeta is a developer of hybrid satellite-cellular networks used to satisfy the demand for global ubiquitous mobile connectivity. *Founded* 2012 Redmond, United States **$238M** last round Sept 2024
- 43 [**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
- 44 [**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
- 45 [**SmartSky Networks** SmartSky Networks was an aviation technology company based in Morrisville, North Carolina, founded in 2011.](https://millionrounds.com/company/smartsky-networks) SmartSky Networks was an aviation technology company based in Morrisville, North Carolina, founded in 2011. *Founded* 2011 Morrisville, United States **$218M** last round Jun 2022
- 46 [**Menlo Micro** Menlo Micro is a semiconductor technology company based in Irvine, California, founded in December 2016 as a spin-out from General Electric.](https://millionrounds.com/company/menlo-micro) Menlo Micro is a semiconductor technology company based in Irvine, California, founded in December 2016 as a spin-out from General Electric. *Founded* 2016 Irvine, United States **$213M** last round Mar 2022
- 47 [**Guzman Energy** Guzman Energy is a wholesale power provider and energy trading company.](https://millionrounds.com/company/guzman-energy) Guzman Energy is a wholesale power provider and energy trading company. *Founded* 2013 Denver, United States **$210M** last round Jul 2025
- 48 [**Global Wafers** Global Wafers provides innovative, advanced technology solutions to leading chip manufacturers.](https://millionrounds.com/company/global-wafers) Global Wafers provides innovative, advanced technology solutions to leading chip manufacturers. *Founded* - Saint Peters, United States **$200M** last round Jun 2025
- 49 [**Echodyne** Echodyne is a radar technology company based in Kirkland, Washington, founded in 2014.](https://millionrounds.com/company/echodyne) Echodyne is a radar technology company based in Kirkland, Washington, founded in 2014. *Founded* 2014 Kirkland, United States **$199M** last round Jun 2022
- 50 [**Eliyan** Eliyan manufactures semiconductor interconnects to accelerate chiplet-based systems.](https://millionrounds.com/company/eliyan) Eliyan manufactures semiconductor interconnects to accelerate chiplet-based systems. *Founded* 2021 Santa Clara, United States **$195M** last round Jul 2026

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

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

## Who backed them?

Open any company for its rounds and investors, or search the investors who back hardware startups in the United States in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More hardware lists

[See all](https://millionrounds.com/top-lists?t=Hardware)

[*AI* *G* *T* **Hardware startups worldwide** 1,733 companies · $66B](https://millionrounds.com/top-lists/hardware-startups)[*O* *C* *F* **Hardware startups in Europe** 447 companies · $14B](https://millionrounds.com/top-lists/hardware-startups-europe)[*F* *G* *O* **Hardware startups in the United Kingdom** 140 companies · $5.7B](https://millionrounds.com/top-lists/hardware-startups-united-kingdom)[*BM* *A* *Q* **Hardware startups in France** 79 companies · $1.9B](https://millionrounds.com/top-lists/hardware-startups-france)[*T* *P* *ET* **Hardware startups in Canada** 59 companies · $1.1B](https://millionrounds.com/top-lists/hardware-startups-canada)[*H* *Q* *PL* **Hardware startups in Germany** 47 companies · $1.6B](https://millionrounds.com/top-lists/hardware-startups-germany)[*NI* *Q* *BE* **Hardware startups in the Netherlands** 24 companies · $1.1B](https://millionrounds.com/top-lists/hardware-startups-netherlands)[*C* *F* *T* **Hardware startups in Sweden** 18 companies · $1.4B](https://millionrounds.com/top-lists/hardware-startups-sweden)

## More lists for United States

[See all](https://millionrounds.com/top-lists?r=United%20States)

[*O* *A* *X* **Startups in the United States** 42,176 companies · $870B](https://millionrounds.com/top-lists/startups-united-states)[*GV* *V* *RP* **Health startups in the United States** 7,411 companies · $71B](https://millionrounds.com/top-lists/health-startups-united-states)[*O* *A* *X* **AI startups in the United States** 5,656 companies · $718B](https://millionrounds.com/top-lists/ai-startups-united-states)[*V* *RP* *DH* **Healthcare startups in the United States** 4,148 companies · $51B](https://millionrounds.com/top-lists/healthcare-startups-united-states)[*S* *P* *I* **IT Services startups in the United States** 3,482 companies · $27B](https://millionrounds.com/top-lists/it-services-startups-united-states)[*D* *CE* *AD* **Big Data & Analytics startups in the United States** 2,107 companies · $132B](https://millionrounds.com/top-lists/big-data-startups-united-states)[*O* *A* *W* **AI startups in the United States that raised in 2026** 1,648 companies · $431B in 2026](https://millionrounds.com/top-lists/ai-startups-united-states-raised-2026)[*D* *P* *A* **Software startups in the United States** 1,638 companies · $77B](https://millionrounds.com/top-lists/software-startups-united-states)