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Hardware.co

Europe, Berlin, Germany, Berlin

Description

HARDWARE.co was a prominent hardware-focused accelerator and community based in Berlin, Germany. Established to support entrepreneurs, industry professionals, and makers, its core offering included a structured accelerator program designed to nurture early-stage hardware startups. Through several batches, the accelerator provided selected teams with essential resources such as seed investment, dedicated office space, expert mentorship, and access to a global network of industry professionals and investors.

During its active accelerator phase, HARDWARE.co typically offered a seed investment of €25,000 (approximately $27,000 USD) in exchange for an equity stake, often ranging from 6% to 8%. This capital was crucial for startups to develop their prototypes, refine their business models, and prepare for subsequent funding rounds. The program was known for its hands-on approach, connecting founders with manufacturing partners, supply chain experts, and potential customers, which is vital in the complex hardware sector.

Notable alumni from the HARDWARE.co accelerator include companies like Senic, which developed smart home interfaces, and Gestigon, a gesture control technology firm later acquired by a major automotive supplier. While the accelerator successfully supported numerous ventures, its primary investment activity appears to have been tied to these past cohorts. Currently, HARDWARE.co's focus has evolved, emphasizing its role as a global community and a platform for corporate innovation through its "Hardware.co Lab," hosting events and fostering connections within the hardware ecosystem rather than running an open, direct investment accelerator program for new startups.

Investor Profile

Hardware.co has backed more than 68 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Pre Seed rounds (top funding stages).
  • Majority of deals are located in Germany, United States, Bulgaria.
  • Strong thematic focus on Software, Information Technology, Internet of Things.
  • Typical check size: $27K.

Stage Focus

  • Seed (68%)
  • Series Unknown (26%)
  • Pre Seed (3%)
  • Non Equity Assistance (1%)
  • Post Ipo Equity (1%)

Country Focus

  • Germany (44%)
  • United States (13%)
  • Bulgaria (3%)
  • United Kingdom (3%)
  • India (3%)
  • Spain (3%)
  • Canada (3%)
  • Mexico (1%)
  • Ireland (1%)
  • Czech Republic (1%)

Industry Focus

  • Software
  • Information Technology
  • Internet Of Things
  • Hardware
  • Automotive
  • Manufacturing
  • Robotics
  • Internet
  • Consumer Electronics
  • Logistics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Hardware.co frequently co-invest with?

XC
Europe, Geneve, Switzerland, Geneva
Co-Investments: 1
Brinc
Asia, Hong Kong Island, Hong Kong, Central
Co-Investments: 2
Agile Accelerator
Europe, Nordrhein-Westfalen, Germany, Essen
Co-Investments: 1
VI
Europe, Hlavni mesto Praha, Czech Republic, Prague
Co-Investments: 1
Eleven Ventures
Europe, Grad Sofiya, Bulgaria, Sofia
Co-Investments: 1
MA
Europe, Berlin, Germany, Berlin
Co-Investments: 1
HATCHER+
Asia, Central Region, Singapore, Singapore
Co-Investments: 1
EIT Digital Accelerator
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 1

Which angels does Hardware.co often collaborate with?

GG
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Hardware.co?

Cloud platform solution for digital marketing & customer engagement for automotive (CAR2AD) and retail (STORE2WEB) industries

Advertising PlatformsInformation TechnologySoftware
Pre SeedSep 1, 2019
Amount Raised: $549,524
AirMatrix

Toronto, Ontario, Canada

AirMatrix develops drone logistics software for the autonomous operation of commercial drones.

DronesInformation ServicesInformation TechnologyStaffing Agency
SeedNov 1, 2017
Kowat

Barcelona, Catalonia, Spain

The company offers solutions through the study, design, patent, manufacture and marketing of biomimetic devices.

AgricultureManufacturing
SeedNov 1, 2017
Droneable

Mexico City, Distrito Federal, Mexico

Droneable is a Mexican company dedicated to the development of Drones for industrial purposes.

AgricultureConsumer ElectronicsDronesRobotics
SeedNov 1, 2017
Radiomize

Tel Aviv-yafo, Tel Aviv, Israel

Radiomize, a touch-enabled steering wheel cover and personal music and genre-based news discovery app, provide a connected car driving.

AnalyticsApp DiscoveryArtificial Intelligence (AI)AutomotiveCar SharingMusic
SeedNov 1, 2017
DRONAMICS

London, England, United Kingdom

DRONAMICS is a cargo drone airline that develops drone technology for cargo transportation and logistics operations.

AerospaceDronesLogisticsShipping
SeedFeb 1, 2017
ridelogic

Palo Alto, California, United States

Ridelogic is a performance monitoring device for motorcycles.

AutomotiveHardwareInternet of Things
Series UnknownFeb 1, 2017
BEAD Technology

Berlin, Berlin, Germany

BEAD creates digital models of buildings by using real-time data and AI.

Artificial Intelligence (AI)Internet of ThingsSmart Building
Series UnknownFeb 1, 2017
Joyride

Toronto, Ontario, Canada

Joyride is the world's leading micromobility platform.

CyclingLast Mile TransportationRide SharingSaaSSoftwareTransportation
Series UnknownFeb 1, 2017
Dorbeetle

Tallinn, Harjumaa, Estonia

Dorbeetle develops software + hardware platform, which is easily adoptable by garden electric riders control.

InternetSoftware
SeedFeb 1, 2017