FundedIQ

Grant Funded Hardware Startups

Among these 28 most recent hardware grant rounds, the largest disclosed award is ViaSat at $53M (2022-04-21), and it sits far above the next-largest disclo…

Among these 28 most recent hardware grant rounds, the largest disclosed award is ViaSat at $53M (2022-04-21), and it sits far above the next-largest disclosed amounts, including Magellan Advisors at $25M (2022-10-12), CloudWyze at $18M (2022-10-06), and BELKIN Vision at $20M (2021-12-20). At the low end, the smallest disclosed amount is IMAGINATE at $10K (2022-10-03), with additional undisclosed rounds such as AegiQ (2022-09-15) and Virtual Incision (2022-08-02).

The date window in this slice is concentrated: rounds span from 2021-08-17 (Rendever) to 2022-10-19 (Lidrotec). Within the most recent quarter shown (roughly 2022-07 to 2022-10), multiple grants appear in the Colorado cluster, including ThinkOrbital ($260K, 2022-09-15), Scythe ($370K, 2022-07-28), PickNik Robotics ($160K, 2022-07-27), and Max-IR Labs ($260K, 2022-06-27). Undisclosed amounts appear 4 times (AegiQ, Virtual Incision, Seeing Machines, and one other undisclosed row in the list), while the disclosed range shows repeated $100K–$1M sized awards alongside a small set of much larger grants (e.g., RaySecur at $1M on 2022-03-08 and Qunnect at $2M on 2022-05-23).

Most recent rounds

28 shown
L
Lidrotec
Bochum, Germany · Hardware
Grant · Oct 2022
$1.0M
M
Magellan Advisors
Denver, United States · Hardware
Grant · Oct 2022
$25M
C
CloudWyze
Wilmington, United States · Hardware
Grant · Oct 2022
$18M
I
IMAGINATE
Hyderabad, India · Hardware
Grant · Oct 2022
$10k
K
knopka
Kyiv, Ukraine · Hardware
Grant · Oct 2022
$20k
M
Muon Vision
Cambridge, United States · Hardware
Grant · Sep 2022
$980k
A
AegiQ
Sheffield, United Kingdom · Hardware
Grant · Sep 2022
Undisclosed
T
ThinkOrbital
Denver, United States · Hardware
Grant · Sep 2022
$260k
D
Digantara
Bengaluru, India · Hardware
Grant · Aug 2022
$60k
V
Virtual Incision
Lincoln, United States · Hardware
Grant · Aug 2022
Undisclosed
S
Scythe
Longmont, United States · Hardware
Grant · Jul 2022
$370k
P
PickNik Robotics
Boulder, United States · Hardware
Grant · Jul 2022
$160k
M
Max-IR Labs
Dallas, United States · Hardware
Grant · Jun 2022
$260k
F
Faction
South San Francisco, United States · Hardware
Grant · Jun 2022
$100k
N
NeuroTrainer
San Francisco, United States · Hardware
Grant · Jun 2022
$100k
X
XRHealth
Needham, United States · Hardware
Grant · Jun 2022
$100k
S
SoftIron
London, United Kingdom · Hardware
Grant · May 2022
$1.1M
Q
Qunnect
Stony Brook, United States · Hardware
Grant · May 2022
$1.9M
S
Seeing Machines
Canberra, Australia · Hardware
Grant · May 2022
Undisclosed
V
ViaSat
Carlsbad, United States · Hardware
Grant · Apr 2022
$53M
A
Access Sensor Technologies
Fort Collins, United States · Hardware
Grant · Mar 2022
$100k
N
Nulitics
Frisco, United States · Hardware
Grant · Mar 2022
$100k
R
RaySecur
Westwood, United States · Hardware
Grant · Mar 2022
$1.0M
B
BELKIN Vision
Yavne, Israel · Hardware
Grant · Dec 2021
$20M
D
Dense Air
Marlow, United Kingdom · Hardware
Grant · Dec 2021
$100k
M
Maybell Quantum Industries
Denver, United States · Hardware
Grant · Nov 2021
$500k
A
Axosuits
Oradea, Romania · Hardware
Grant · Sep 2021
$100k
R
Rendever
Somerville, United States · Hardware
Grant · Aug 2021
$2.0M

Related listings

Frequently asked

What’s the largest disclosed grant in this hardware list, and how much bigger is it than the rest?

ViaSat’s $53M grant (2022-04-21) is the only disclosed entry above $50M and it dwarfs the next-largest disclosed amounts: Magellan Advisors at $25M (2022-10-12) and CloudWyze at $18M (2022-10-06).

Where are the clearest geographic clusters in this set?

Colorado shows repeated activity with multiple grant events: ThinkOrbital in Denver ($260K, 2022-09-15), Scythe in Longmont ($370K, 2022-07-28), PickNik Robotics in Boulder ($160K, 2022-07-27), and Max-IR Labs in Dallas ($260K, 2022-06-27).

Which rounds fall at the most recent edge of the dataset?

The latest round date shown is 2022-10-19 for Lidrotec ($1M). The surrounding late-October entries include Magellan Advisors (2022-10-12, $25M) and CloudWyze (2022-10-06, $18M).

How concentrated are the awards over time in this slice?

This page spans 2021-08-17 to 2022-10-19. Several rounds cluster in mid-2022, including the 2022-06-20 set (Faction, NeuroTrainer, XRHealth each at $100K) and the 2022-03-08 to 2022-05-23 band (RaySecur $1M on 2022-03-08; Dense Air $100K on 2021-12-08 is outside, while Qunnect $2M on 2022-05-23).

Are undisclosed grant amounts a meaningful pattern here?

Yes. Four companies list undisclosed amounts (AegiQ on 2022-09-15; Virtual Incision on 2022-08-02; Seeing Machines on 2022-05-12; and one additional undisclosed row in the list), while the remaining entries show a disclosed spread from $10K (IMAGINATE, 2022-10-03) up to $53M (ViaSat, 2022-04-21).

Free · Every Monday

Know which startups just got funded. Every week.

Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.

Free. Sent every Monday. Unsubscribe anytime.