All Rankings

Top 100 Hardware Startups 2026

Private hardware companies whose latest recorded funding type is not a grant, private equity, or debt financing, ranked by disclosed lifetime funding.

Known total funding for 100 of 100 ranked companies: $86.2B.

Showing top 100 matching companies · Ranked by total funding raised

Use company data through the API.
Example request
curl "https://indexed.vc/api/v1/companies?industries=Hardware&operatingStatus=active&sort=total_funding_raised&order=desc&limit=100" -H "X-API-Key: YOUR_API_KEY"

The API has no company type filter, so public companies can appear; this list counts private companies only.

The API cannot leave out companies whose latest round is a grant, private equity or debt financing; this list does.

Data from Indexed.vcUpdated

Methodology: up to 100 active companies matching this list's filters are ordered by disclosed total funding in USD. Companies whose latest round is one of: Grant, Private Equity, Debt Financing are excluded. Totals include recorded grants and other qualifying funding, not just equity. Open a company profile for its funding summary and available detail. How this data is built.

1
JUUL

Juul Labs develops vapor products designed to offer adult smokers an alternative to combustible c...

Washington, United States501–1000Hardware
Corporate RoundTotal funding$14.8BDec 2018
2
Shield AI

Shield AI builds AI pilots and autonomous aircraft systems that help defense customers deploy int...

San Diego, United States1001–5000Artificial Intelligence, Defense Tech
Venture RoundTotal funding$4.6BMar 2026
3
Groq

Groq delivers fast, low cost AI inference using custom LPU (Language Processing Unit) chips and G...

Mountain View, United States201–500Artificial Intelligence, Hardware
Series ATotal funding$4.2BAug 2026
4
Tenstorrent

Designs and sells AI processors, accelerator cards, and software, licensing RISC-V IP to enterpri...

Toronto, Canada501–1000Artificial Intelligence, Hardware
Series ETotal funding$3.8BOct 2026
5
Magic Leap

Magic Leap develops augmented-reality optical technology, including waveguides, displays, and pro...

Plantation, United States1001–5000AR/VR, Hardware
Series G+Total funding$2.9BOct 2025
6
Saronic

Saronic provides naval and maritime forces with intelligent Autonomous Surface Vessels at scale, ...

Austin, United States501–1000Artificial Intelligence, Autonomous Vehicles
Series DTotal funding$2.6BMar 2026
7
SambaNova Systems

Provides AI inference hardware and cloud platform for enterprises, using RDUs and SambaCloud to r...

Palo Alto, United States201–500Artificial Intelligence, Developer Tools
Series FTotal funding$2.5BJul 2026
8
Stoke Space

Stoke Space develops Nova, a fully reusable rocket designed to provide affordable, responsive tra...

Seattle, United States51–200Space Tech, Industrials
Series ETotal funding$2.4BSep 2026
9
Base Power

Home battery and energy company that provides distributed power storage to reinforce the electric...

Austin, United States51–200Clean Energy, Clean Tech
Series DTotal funding$2.3BAug 2026
10
Zipline

Zipline operates an autonomous delivery service that transports medical supplies, food, and retai...

South San Francisco, United States501–1000Climate Tech, Defense Tech
Series G+Total funding$2.0BMar 2026
11
Hadrian

Hadrian builds AI-powered autonomous factories that manufacture precision components and complete...

Torrance, United States201–500Defense Tech, Manufacturing
Series DTotal funding$1.8BAug 2026
12
True Anomaly

Designs and builds autonomous spacecraft, mission software, and payloads for U.S. and allied spac...

Colorado, United States201–500Artificial Intelligence, Defense Tech
Venture RoundTotal funding$1.6BMay 2026
13
Etched

AI chip startup designing custom ASICs purpose-built for transformer-based artificial intelligenc...

Cupertino, United States51–200Semiconductors, Artificial Intelligence
Venture RoundTotal funding$1.6BAug 2026
14
DJI

DJI develops drones and camera technologies for creative, commercial, and nonprofit users, pairin...

Shenzhen, China10001+Hardware, Robotics
Venture RoundTotal funding$1.6BFeb 2024
15
Slate Auto

Slate makes affordable electric pickup trucks that owners can customize and reconfigure as their ...

Troy, United States201–500Energy, Electric Vehicles
Series CTotal funding$1.4BApr 2026
16
Bitmain

BITMAIN is the world's leading manufacturer of digital asset mining servers through its brand, AN...

Beijing, China1001–5000Crypto & Web3, Hardware
Series CTotal funding$1.3BAug 2018
17
Relativity Space

Relativity Space designs and builds reusable rockets to make access to space more reliable and ro...

Los Angeles, United States501–10003D Printing, Aerospace
Series ETotal funding$1.3BJun 2021
18
Dreame Technology

Chinese consumer hardware company making intelligent robot vacuums and cordless stick vacuums for...

Suzhou, China1001–5000Hardware
Series DTotal funding$1.3BJun 2026
19
Sila Nanotechnologies

Develops and manufactures silicon-based anode materials and battery engineering services for EVs,...

Alameda, United States201–500Advanced Manufacturing, Deep Tech
Series G+Total funding$1.2BJun 2024
20
Physical Intelligence

Physical Intelligence is building a foundation model for robotics, bringing general-purpose AI in...

San Francisco, United States11–50Artificial Intelligence, Robotics
Series BTotal funding$1.1BNov 2025
21
Astranis

Advanced satellites for high orbits.

San Francisco, United States201–500Space Tech, Industrials
Series ETotal funding$1.0BMay 2026
22
Skydio

By leveraging breakthrough AI, Skydio creates the world's most intelligent flying machines for us...

San Mateo, United States501–1000Artificial Intelligence, Drones
Series FTotal funding$1.0BApr 2026
23
Meizu

Meizu provides consumers with intelligent terminal experiences across multiple scenarios, centere...

Beijing, China1001–5000Hardware, Artificial Intelligence
AngelTotal funding$988.5MJun 2023
24
Boom Supersonic

Boom Supersonic develops Overture, a sustainable supersonic airliner, and Symphony, its dedicated...

Centennial, United States201–500Aerospace, Industrials
Extension RoundTotal funding$890.0MDec 2025
25
Axiom Space

Develops and operates commercial human spaceflight services and a commercial space station, and b...

Houston, United States501–1000Hardware, Space Tech
Extension RoundTotal funding$830.0MJun 2026