Funded Hardware Startups in San Jose
Across the 20 most recent hardware rounds tied to San Jose, one disclosed deal stands out: GMI Cloud raised $67M on 2024-10-29, and the remaining disclosed…
Across the 20 most recent hardware rounds tied to San Jose, one disclosed deal stands out: GMI Cloud raised $67M on 2024-10-29, and the remaining disclosed rounds largely sit below that level (for example, Alkira at $100M on 2024-05-15 is above, while others such as Aarna Networks at $1M on 2024-09-25 and VSee at $420K on 2024-08-28 are far below). The list also shows a tight temporal cluster in 2024: multiple entries land between 2024-05 and 2024-12 (Alkira $100M on 2024-05-15, Ethernovia $64M on 2023-05-15, and GMI Cloud $67M on 2024-10-29 are examples of how activity spans mid-to-late 2024 rather than being evenly distributed). Outliers appear at both ends: VSee’s $420K (2024-08-28) is among the smallest disclosed amounts, while several large rounds concentrate around $60M–$175M, including Nile’s $175M on 2023-08-01. Stage mix is mixed but tilted toward ambiguity: five entries are labeled “Series Unknown” (GMI Cloud 2024-10-29 $67M, VSee 2024-08-28 $420K, Spectra7 Microsystems 2024-05-06 $11M, Aervivo 2023-10-03 $2M, and Teridion 2022-11-07 $25M), with one explicitly “undisclosed” (Cassia Networks on 2022-04-26).
Most recent rounds
20 shownRelated listings
Frequently asked
What’s the largest disclosed round here, and how concentrated are the top end amounts?
The largest disclosed round is Nile’s $175M on 2023-08-01. Several other disclosed rounds are in the same upper band—Alkira at $100M (2024-05-15), Ethernovia at $64M (2023-05-15), and GMI Cloud at $67M (2024-10-29)—while the smallest disclosed amounts are far below, including VSee’s $420K (2024-08-28) and Aarna Networks’ $1M (2024-09-25).
Are there date windows where funding closes cluster more tightly than the rest?
Yes. In 2024 alone, multiple entries fall in a relatively narrow span from mid-year into late-year, including Alkira ($100M on 2024-05-15), Spectra7 Microsystems ($11M on 2024-05-06), GMI Cloud ($67M on 2024-10-29), and Pave Robotics ($5M on 2025-03-13) just beyond the window. The list also extends earlier, starting with Cepton Technologies at $50M on 2020-02-06 and Innovium at $170M on 2020-07-21.
How often is the round stage not stated, and does that affect interpretation of the biggest deals?
Five of the 20 rows are marked “Series Unknown” (GMI Cloud $67M on 2024-10-29; VSee $420K on 2024-08-28; Spectra7 Microsystems $11M on 2024-05-06; Aervivo $2M on 2023-10-03; Teridion $25M on 2022-11-07). The top disclosed round (Nile $175M on 2023-08-01) is not labeled “Series Unknown,” but multiple mid-to-large amounts do sit under that label, including GMI Cloud at $67M.
Which stage labels show up repeatedly, and where do they land in the date range?
Seed appears multiple times: Pave Robotics ($5M on 2025-03-13), Elastics.cloud ($17M on 2022-04-14), and Lyrid ($1M on 2022-02-17). Series A also recurs with distinct timing—Aarna Networks ($1M on 2024-09-25), Bonsai Robotics ($15M on 2025-01-28), and Cavli Wireless ($10M on 2023-07-05)—suggesting that early-to-growth signaling continues across both 2023–2025 rather than concentrating in a single quarter.
Are there outliers that stand apart from the rest in disclosed size?
On the low end, VSee’s $420K (2024-08-28) and Aarna Networks’ $1M (2024-09-25) are clear small-deal outliers compared with the cluster of multi-million rounds (for example, Cavli Wireless at $10M on 2023-07-05 and Spectra7 Microsystems at $11M on 2024-05-06). On the high end, Nile’s $175M (2023-08-01) dwarfs the next-largest disclosed amounts such as Alkira at $100M (2024-05-15) and 8x8 at $122M (2022-01-18).
Do any entries with undisclosed amounts complicate comparisons of scale?
Yes: Cassia Networks is listed with “undisclosed” amount on 2022-04-26, so it cannot be used in largest/smallest comparisons. That said, most scale comparisons are still possible because the remaining 19 rows include explicit disclosed amounts, spanning from VSee’s $420K (2024-08-28) up to Nile’s $175M (2023-08-01).
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.