Recently Funded Hardware Startups in Chicago
Updated Aug 2026
Funded Hardware startups in Chicago number 14 in FundedIQ, tracked with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the Hardware startup funding landscape in Chicago, along with the 14 most recently funded Hardware startups in Chicago.
The median disclosed round is $5.0M, with the middle half of rounds falling between $2.5M and $7.5M. Hardware startups in Chicago closed 4 funding rounds over the last 24 months, 2 of them in the last 12 months, and raised $15M in disclosed capital.
Capital for Chicago hardware focuses on early stages. Local venture firms drive the activity, creating a concentrated pool of backers. This tight circle of investors means a few key firms hold significant sway over the sector. Sales and sourcing efforts find a market where professional venture backing is a primary gateway to growth.
Hardware funded startup statistics in Chicago
Most recent funding round on record: Apr 2026.
14 most recently funded Hardware startups in Chicago
14 shownOrdered 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.
Hardware startup funding trends in Chicago
Funding activity
Hardware startups in Chicago closed 4 funding rounds over the last 24 months, 2 of them in the last 12, adding up to $15M in disclosed capital.
Round sizes
The median disclosed round is $5.0M, with the middle half running from $2.5M to $7.5M. 3 of 4 rounds disclosed an amount.
Company size
The most common headcount band across the segment is 11-50.
About the FundedIQ Hardware startup funding data in Chicago
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 14 funded Hardware startups in Chicago 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 4 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 Chicago is dated Apr 2026.
The table above shows the 14 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 Chicago?
FundedIQ tracks 14 funded Hardware startups in Chicago. This page lists the 14 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 Chicago raised?
Hardware startups in Chicago tracked by FundedIQ have raised $15M in disclosed capital across 4 funding rounds over the last 24 months, including 2 rounds in the last 12 months. 3 of those 4 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.
What is a typical funding round size for Hardware startups in Chicago?
The median disclosed round over the last 24 months is $5.0M, and the middle half of rounds fall between $2.5M and $7.5M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.
How often is the Hardware startup funding data in Chicago 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 Chicago is dated Apr 2026. Counts and totals on this page are recomputed on every refresh.
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