Funded Hardware Startups in Palo Alto
Across these 13 recently funded hardware companies in Palo Alto, the largest disclosed round is Evinced’s $55M (2024-12-12), which stands well above the re…
Across these 13 recently funded hardware companies in Palo Alto, the largest disclosed round is Evinced’s $55M (2024-12-12), which stands well above the rest of the disclosed amounts here: only SGNL.AI at $30M (2025-02-12), Permiso Security at $19M (2024-04-03), and Teleo at $12M (2022-06-08) sit in the same broad upper tier, while multiple companies are clustered at $5M and below (e.g., Cloudastructure at $5M on 2025-03-26; Trace Machina at $5M on 2024-08-23). The date window also concentrates: 4 of the 13 rounds are dated 2024 (2024-04-03 through 2024-12-12) and several more fall between 2025-02 and 2025-03.
Stage and disclosure are another pattern: 2 entries are explicitly “Series Unknown”/blank (Transend shows “undisclosed” on 2023-11-22; Cloudastructure is “Series Unknown” on 2025-03-26; oneNav and Clip Automation are blank on 2021-05-20 and 2020-12-16), while at least 6 rounds have specific stages (Seed/Series A/Series B/Series C). The list spans 2020-11-11 (Sail Internet) through the most recent 2025-03-26 (Cloudastructure), with all companies listed in Palo Alto, California.
Most recent rounds
13 shownRelated listings
Frequently asked
What does the largest disclosed hardware round look like versus the rest of the Palo Alto entries shown?
Evinced’s disclosed $55M on 2024-12-12 is the clear top amount in this list; the next-largest disclosed rounds are SGNL.AI at $30M (2025-02-12) and Permiso Security at $19M (2024-04-03), while several others are at $12M or below (e.g., Teleo $12M on 2022-06-08; multiple $10M/$5M rounds).
Are the rounds clustered into a narrow time window, or spread evenly across years?
They skew toward the recent years: 4 of the 13 rows are in 2024 (2024-04-03 through 2024-12-12), and additional entries appear back-to-back in late 2025 (2025-02-12 SGNL.AI for $30M and 2025-03-26 Cloudastructure for $5M). The full span shown runs from 2020-11-11 (Sail Internet) to 2025-03-26 (Cloudastructure).
Which disclosure statuses appear, and does that create any “unknown amount” gaps in comparisons?
Disclosure is incomplete for multiple companies: Transend shows “undisclosed” on 2023-11-22, and Cloudastructure is labeled “Series Unknown” with a disclosed $5M on 2025-03-26; oneNav (2021-05-20) and Clip Automation (2020-12-16) have a blank series field but disclosed $21M and $2M respectively. Because Transend’s amount is undisclosed, cross-company comparisons of “smallest” disclosed rounds exclude it.
What stage mix dominates among the entries with specified stages?
Among rows with explicit stages, Series A appears repeatedly: Permiso Security ($19M on 2024-04-03), SGNL.AI ($30M on 2025-02-12), Red Leader Tech ($10M on 2022-05-26), and Teleo ($12M on 2022-06-08) are all labeled Series A. Seed also shows up twice with material amounts ($5M for Cloudastructure is not Seed, but Seed appears for Trace Machina at $5M on 2024-08-23 and Hoot Reading at $2M on 2021-10-19), while Evinced is the only Series C here ($55M on 2024-12-12).
Are there any rounds that behave like outliers by amount, even within a hardware-focused list?
Yes. SignalWire’s disclosed $100K on 2022-03-23 is an extreme low relative to the rest of the disclosed amounts in this set (e.g., Hoot Reading $2M on 2021-10-19; Clip Automation $2M on 2020-12-16; Cloudastructure and Trace Machina each at $5M). Conversely, Evinced’s $55M is the high outlier relative to most other disclosed rounds between $10M and $30M.
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