FundedIQ

Recently Funded Hardware Startups in Australia

Updated Sep 2026

FundedIQ tracks 20 funded Hardware startups in Australia, with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the Hardware startup funding landscape in Australia, along with the 20 most recently funded Hardware startups in Australia.

Hardware startups in Australia closed 10 funding rounds over the last 24 months, 5 of them in the last 12 months, and raised $345M in disclosed capital. The median disclosed round is $33M, with the middle half of rounds falling between $23M and $44M. Canberra and Melbourne hold the deepest concentrations of these companies.

Canberra leads the geography for hardware ventures. The stage distribution leans toward early growth, as Series A and Series B firms dominate. This concentration creates a market of scaling operations rather than seed stage bets. These companies possess established headcounts, making them stable targets for enterprise partnerships or strategic acquisitions.

Hardware funded startup statistics in Australia

Funded Hardware startups in Australia
20
tracked in the database
Funding rounds, last 12 months
5
10 over 24 months
Disclosed capital raised, 24 months
$345M
9 of 10 rounds disclosed an amount
Median round size
$33M
middle half $23M to $44M

Most recent funding round on record: May 2026.

20 most recently funded Hardware startups in Australia

20 shown

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

V
Medowie, Australia · Hardware
VeraSys is precision agriculture software delivering real-time crop monitoring, irrigation management, and…
Series Unknown ·
$1.6M
N
Melbourne, Australia · Hardware
Nanochap is a biomedical technology developed through core chip research and development. They are regarded…
Series Unknown ·
$44M
A
Melbourne, Australia · Hardware
Applied EV has built a modular vehicle system for autonomous transport, based on our Blanc Robot vehicle…
Series B ·
$40M
H
Rozelle, Australia · Hardware
Hullbot is a company that creates a robotic system for cleaning boat hulls underwater. This system doesn't…
Series A ·
$16M
M
Surry Hills, Australia · Hardware
Morse Micro is a fast-growing wireless integrated circuit solutions company that is reinventing Wi-Fi for the…
Series C ·
$58M
S
Canberra, Australia · Hardware
Seeing Machines is a computer vision company that delivers advanced driver monitoring system technology for…
Series Unknown ·
$33M
V
Canberra, Australia · Hardware
Vault is an Australian ASD certified cloud service provider to government agencies and enterprise.
Series B ·
$23M
F
Adelaide, Australia · Hardware
Fleet Space Technologies is an Australian space tech company operating a fleet of commercial…
Series D ·
$100M
Q
Canberra, Australia · Hardware
Quantum Brilliance builds room temperature quantum computers powered by synthetic diamond, enabling…
Series A ·
$30M
A
AirTrunk
North Sydney, Australia · Hardware
AirTrunk is a technology company that supports companies revolutionizing the world by creating and managing…
Series Unknown ·
Undisclosed
G
Melbourne, Australia · Hardware
GigaComm is a broadcast communications organization that gives web to organizations and networks.
Series Unknown ·
Undisclosed
S
Melbourne, Australia · Hardware
Smileyscope was established in 2017 in Melbourne, Victoria, Australia. The company utilizes virtual reality…
Seed ·
Undisclosed
H
Sydney, Australia · Hardware
HEO Robotics provides Space Situational Awareness (SSA) and asteroid prospecting services using…
Series A ·
$7.7M
T
Alexandria, Australia · Hardware
Thinxtra is an Internet of Things (IoT) company founded by IoT experts who share the same passion and…
Series Unknown ·
$3.3M
B
Sydney, Australia · Hardware
Self-driving is challenging; you shouldn't use a LiDAR that is In order to meet the challenge of self-driving…
Series Unknown ·
Undisclosed
I
Australian Capital Territory, Australia · Hardware
Internet 2.0 specializes in cyber security, intelligence, cloud, cyber defense, Encryption, ransomware,…
Seed ·
$5.0M
S
Seeing Machines
Canberra, Australia · Hardware
Driver-facing camera technology that detects Driver Fatigue & Distraction for Fleet vehicles & Automotive ADAS
Grant ·
Undisclosed
S
Perth, Australia · Hardware
SpaceDraft is a visual logistics plotting startup that provides a creative planning tool for any virtual or…
Seed ·
$1.1M
E
Tullamarine, Australia · Hardware
Elenium Automation provides self-service automation technologies for airport check-in. It aims to improve…
Venture - Series Unknown ·
$7.1M
F
Perth, Australia · Hardware
Fastbrick Robotics Limited (ASX:FBR) is an Australian robotic technology company developing and…
Post-IPO Equity ·
$7.2M

Where are funded Hardware startups located in Australia?

Where funded Hardware startups in Australia are based, by the city on the company record.

City
Funded startups
Australian Capital Territory
1
Medowie
1
Rozelle
1

Funded Hardware startups in Australia by state

The states with the most funded startups on record.

Funding stages of funded Hardware startups in Australia

How the last 24 months of funding rounds for funded Hardware startups in Australia break down by stage.

Stage
Rounds, last 24 months

A further 4 rounds in this period were announced without a stage label and are not ranked above.

About the FundedIQ Hardware startup funding data in Australia

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 20 funded Hardware startups in Australia currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (1 of 10 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded Hardware startups in Australia is dated May 2026.

The table above shows the 20 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded Hardware startups are there in Australia?

FundedIQ tracks 20 funded Hardware startups in Australia. This page lists the 20 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have Hardware startups in Australia raised?

Hardware startups in Australia tracked by FundedIQ have raised $345M in disclosed capital across 10 funding rounds over the last 24 months, including 5 rounds in the last 12 months. 9 of those 10 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

Which cities have the most funded Hardware startups in Australia?

Canberra leads with 4 companies, then Melbourne (4), Perth (2) and Sydney (2).

What is a typical funding round size for Hardware startups in Australia?

The median disclosed round over the last 24 months is $33M, and the middle half of rounds fall between $23M and $44M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

What is the most common funding stage for Hardware startups in Australia?

Series A is the most common labelled stage, with 2 rounds in the last 24 months, ahead of Series B (2) and Series C (1). A further 4 rounds were announced without a stage label and are not counted here.

How often is the Hardware startup funding data in Australia updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded Hardware startups in Australia is dated May 2026. Counts and totals on this page are recomputed on every refresh.

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