Top VCs / December 15, 2023
Asaf Fybish

As a growth marketing expert, Asaf helps startups driving scalable growth through data-driven strategies and innovative marketing techniques.

Top Computer Hardware VCs to Watch in 2024

Computer hardware is one of the most important things in the modern world. So much of our society and our lives are intertwined with it and this is reflected in the number of Computer Hardware VCs that are now currently in the market. Many Top VCs have made investments and are still investing in this market. Some of the biggest names in the world like Apple and Samsung are involved in computer hardware and there are always new and innovative companies that are pushing the envelope on what computer hardware is capable of.


1. Construct Capital

Year Founded: 2020

HQ: Washington, USA

Size: 1-10

Founders: Dayna Grayson, Rachel Holt

Construct Hardware is a Computer Hardware VC that was founded in 2020 and is currently based in Washington, USA. The company focuses its investment efforts on businesses in the early stages of their development and invests in manufacturing, supply chain, food and transportation among others.

Since being founded, the company has managed a single investment fund and this fund has been used to make a series of twelve investments into various startups. As it stands, the company has not yet made an exit from any of these investments.

2. ABS Capital Partners

Year Founded: 1990

HQ: Baltimore, USA

Size: 11-50

Founders: Don Hebb, Tim Weglicki

ABS Capital Partners is an American VC firm that was founded in 1990 and is currently based in Baltimore, USA. The company makes investments across all of the stages of the business life cycle and has made a number of investments into various computer hardware companies across the world.

Since the firm was founded, it has managed a total of five investment funds, which the company has used to make a series of 83 investments into various companies. From these investments, the company has currently made an exit from 45 of these.

3. Comcast Ventures

Year Founded: 1999

HQ: San Francisco, USA

Size: 11-50

Founders: Comcast

Comcast Ventures is another example of a company involved in Computer Hardware VC and it was founded in 1999, with a headquarters in San Francisco, USA. The company is a subsidiary of Comcast and invests in companies across all stages of the business life cycle. Many of the investments by the company involve communications and hardware relating to these communications.

Since being founded, the firm has managed a total of two investment funds, made an acquisition and has used the investment funds to invest in a total of 351 projects. As it stands, the company has made an exit from 97 of these investments.

4. Allos Ventures

Year Founded: 2009

HQ: Carmel, USA

Size: 1-10

Founders: Don Aquilano, John C. McIlwraith

Allos Ventures is an American VC firm that was founded in 2009 and is currently based in Carmel, USA. The company provides investment to both software and hardware companies across the USA's Midwest region and makes these investments across all of the stages of the business life cycle.

Since being founded, the company has managed a total of five investment funds and these funds have allowed the company to make a series of 82 investments into various companies. From these investments, the company has made an exit from 8.

5. Capital Midwest Fund

Year Founded: 2008

HQ: Milwaukee, USA

Size: 1-10

Founders: Unknown

Capital Midwest Fund is a Computer Hardware VC that was founded in 2008 and is currently based in Milwaukee, USA. The main sectors that are targeted are manufacturing, B2B and healthcare technologies. The firm provides funding across various stages of the company lifecycle.

Since being founded, the company has managed three investment funds and these funds have been used to make a series of 27 investments. From these investments, the company has made an exit from one.

6. Champion Hill Labs

Year Founded: 2017

HQ: Raleigh, USA

Size: 1-10

Founders: Josh Manchester

Champion Hill Labs is an American VC firm that was founded in 2017 and is currently based in Raleigh, USA. The firm provides funding for private technology companies and makes investments across a variety of stages in the company life cycle. The firm has also been involved in Computer Hardware VC.

Since being founded, the company has made a series of six investments and has made a diversity investment. As it stands, the company has not made an exit from any of its investments.

7. Thrive Capital

Year Founded: 2009

HQ: New York, USA

Size: 11-50

Founders: Joshua Kushner

Thrive Capital is an American VC firm that was founded in 2009 and is currently based in New York, USA. The firm invests in a variety of software and hardware startups, this funding comes across a variety of funding stages and has helped companies to get funding from some of the leading private investors in the country.

Since being founded, the firm has managed a total of eight investment funds, which have been used to make a series of 297 investments into various companies. From these investments, the company has currently made an exit from 60.

8. Boston Millennia Partners

Year Founded: 1984

HQ: Boston, USA

Size: 11-50

Founders: Dana Callow

Boston Millennia Partners is a Hardware VC firm that was founded in 1984 and is currently based in Boston, USA. The company provides funding across a wide variety of funding stages and has a successful history of growing the companies that they invest in, into long-standing, sustainable businesses.

Since being founded, the company has made a total of 132 investments and has also made a total of 7 diversity investments. As it stands, the company has currently made an exit from 57 of its investments. 

9. Juno Capital Partners

Year Founded: 2011

HQ: London, England

Size: 1-10

Founders: Edward Rudd, Julian Hickman

Juno Capital Partners is an English VC firm that was founded in 2011 and is currently based in London, England. The company invests in a range of technology companies, including hardware and software. The funding for these companies tends to come in the earlier stages of the company life cycle.

Since being founded, the firm has made a total of 32 investments into various companies. As it stands, the company has only made an exit from two of its investments and it may be a while before it does so again.

10. Kelvin Capital

Year Founded: 2009

HQ: Glasgow, Scotland

Size: 1-10

Founders: Jim Hall, John McNicol

Kelvin Capital is a Scottish VC firm that was founded in 2009 and is currently based in Glasgow, Scotland. The company invests in a variety of different business types, which also includes Computer Hardware VC. This funding tends to come in the early stages of the company lifecycle.

Since the company was founded, it has made a total of 65 investments into a variety of businesses. As it stands, the company has not made any diversity investments and has also not made an exit from any of its investments.

11. Sweet Capital

Year Founded: 2015

HQ: Stockholm, Sweden

Size: 1-10

Founders: Christian Dörffer, Lars Markgren, Patrik Stymne, Riccardo Zacconi, Sebastian Knutsson, Thomas Hartwig

Sweet Capital is a Swedish VC firm that was founded in 2015 and is currently based in Stockholm, Sweden. The company focuses its investment on consumer technology companies, which includes forrays into Computer Hardware VC. This investment tends to come in the early stage of the company life cycle.

Since being founded, the firm has made a total of 54 investments in various companies. In addition, the business has made 9 diversity investments. As it stands, the company has made an exit from five of its investments.

12. Cambridge Capital Group

Year Founded: 2000

HQ: Cambridge, England

Size: 1-10

Founders: Struan McDougall

Cambridge Capital Group is an English VC firm that was founded in 2000 and is currently based in Cambridge, England. The business makes investments into advanced technology companies and this also includes investment into Computer Hardware VC. This funding can come across a variety of stages in the business life cycle.

Since being founded, the company has made a series of 39 investments from a single investment fund. As it stands, the company has made an exit from five of its previous investments.

13. The Hardware Club

Year Founded: 2014

HQ: Paris, France

Size: 11-50

Founders: Alexis Houssou

The Hardware Club is a French VC firm that was founded in 2014 and is currently based in Paris, France. The company is heavily involved in hardware investments and provides investment across various stages of the company life cycle.

Since being founded, the company has made two investments and has not made an exit from either, it will not be a surprise to see more investments coming from the firm soon.

14. EMV Capital

Year Founded: 2018

HQ: London, England

Size: 1-10

Founders: Ilian Iliev

EMV Capital is an English Computer Hardware VC that was founded in 2018 and is currently based in London, England. The firm focuses on industrial technologies and also makes its investments across multiple stages of the company life cycle. The team also assist with things like networking, business development and more.

Since being founded, the company has managed a single investment fund, which it has used to make a series of 19 investments and two acquisitions. As it stands, the company has only made an exit from two of its investments.

15. Jolt Capital

Year Founded: 2011

HQ: Paris, France

Size: 11-50

Founders: Jean Schmitt, Philippe Sereys De Rothschild

Jolt Capital is a French VC firm that was founded in 2011 and is currently based in Paris, France. The company tends to provide late-stage investment to technology startups, which includes investments in the hardware market. The companies that they invest in tend to turnover between 1-10 Million Euros.

Since being founded, the company has managed four investment funds, which have been used to make a series of 20 investments. As it stands, the company has only made an exit from five of its investments.

16. Molten Ventures

Year Founded: 2006

HQ: London, England

Size: 51-100

Founders: Simon Cook, Stuart Chapman

Molten Ventures is an English VC firm that was founded in 2006 and is currently based in London, England. The company provides funding across a variety of different funding stages and markets, including hardware. The company is also the largest VC fund in Europe to trade on a stock exchange.

Since being founded, the company has made a total of 181 investments and a single acquisition. As it stands, the company has only made an exit from 43 of its investments. Although this number will surely increase.

17. Ubiquity Ventures

Year Founded: 2017

HQ: Palo Alto, USA

Size: 1-10

Founders: Sunil Nagaraj

Ubiquity Ventures is an American VC firm that was founded in 2017 and is currently based in Palo Alto, USA. The company invests in both software and hardware startups that are involved in a variety of different markets. This funding tends to come in the early and seed stages of the company life cycle.

Since being founded, the company has managed a pair of investment funds and has used them to make a series of 30 investments. The business has also made 5 diversity investments and has not made an exit from any at this time.

18. Bolt

Year Founded: 2013

HQ: San Francisco, USA

Size: 11-50

Founders: Axel Bichara, Ben Einstein, Scott N. Miller

Bolt is an American Hardware VC that was founded in 2013 and is currently based in San Francisco, USA. The company focuses on providing pre-seed funding to companies within this market. They tend to become the lead investor for around 90% of their investments and help their portfolio companies to grow exponentially.

Since being founded, the company has managed three investment funds, which it has used to make a series of 103 investments. The business has made 33 diversity investments and has only made an exit from eleven of its investments.

19. HAX

Year Founded: 2011

HQ: San Francisco, USA

Size: 11-50

Founders: Cyril Ebersweiler, Sean O'Sullivan

Hax is an American VC firm that was founded in 2011 and is currently based in San Francisco, USA. The company is a subsidiary of SOSV and provides early-stage and seed funding to a variety of different companies, including Computer Hardware VC. The main investments are in Hard Tech.

Since being founded, the company has made a total of 454 investments in various companies. The firm has also made 64 diversity investments and has made a successful exit from 10 of its investments.

20. Arkley

Year Founded: 2013

HQ: Warsaw, Poland

Size: 1-10

Founders: Anna Iarotska, Caritta Seppa, Daniel Tonkopiy, Jakub Konik, Marek Ciesla, Mario Aguilera, Nazar Fedorchuk, Paweł Surgiel, Piotr Wasowski, Przemek Jaworski, Yesika A Robles

Arkley is a Computer Hardware VC that was founded in 2013 and is currently based in Warsaw. The company focuses its investment efforts on early-stage companies that provide hardware offerings.

Since being founded, the firm has made a total of four investments into various companies and has not yet made an exit from any of these.

21. Lemnos VC

Year Founded: 2011

HQ: San Francisco, USA

Size: 1-10

Founders: Helen Zelman Boniske, Jeremy Conrad

Lemnos VC is an American VC firm that was founded in 2011 and is currently based in San Francisco, USA. The company specifically focuses on Computer Hardware VC and provides funding in the early and seed stages of development. The company also provides mentorship to its investments,

Since being founded, the company has managed three investment funds, which it has used to make a series of 50 investments and 7 diversity investments. As it stands, the company has made an exit from eight investments.


FAQs

How Much Is The Computer Hardware Market Worth?

The global computer hardware market was valued at $269 Billion in 2022.

Who Are The Biggest Computer Hardware Companies?

The biggest computer hardware companies in the world are Apple, Samsung, Hon Hai, Dell, Sony and more.

Top Computer Hardware VCs to...
Asaf Fybish

As a growth marketing expert, Asaf helps startups driving scalable growth through data-driven strategies and innovative marketing techniques.