Hardware Unicorns

Top 9 Hardware Unicorn Startups in 2021

If you're building a hardware startup, you must check these 9 companies that have joined the unicorn club.

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How do unicorn startups emerge?

How are they formed?

What does it take to become one of the Unicorn startups?

These are all questions many entrepreneurs ask themselves when building their companies.

Here are 9 Hardware startups – Formlabs and Pilot included – which have become unicorns.

Top 9 Hardware Unicorn Startups

Biren Technology

Biren Technology

Biren Technology is an innovative high-tech startup, with expertise in a range of fields that has helped us become the area’s leading developer.

Details of the startup:

  • Valuation:

    $1.09

    B (

    August 2020

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2019

  • Founders:

    No Data

  • Industries:

    Hardware, Information Technology, Internet, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $285,213,771

  • Number of funding rounds:

    3

  • Number of investors:

    28

here

Bitfury Group

Bitfury Group

Bitfury is a world-leading full-service blockchain technology company and one of the largest private infrastructure providers in the blockchain ecosystem.

Details of the startup:

  • Valuation:

    $1.00

    B (

    November 2018

    )

  • Country:

    The Netherlands

  • City:

    Amsterdam

  • Started in:

    2011

  • Founders:

    Valery Nebesny, Valery Vavilov

  • Industries:

    Bitcoin, Blockchain, Data Center, FinTech, Hardware, Information Services, Information Technology, Mining, Mining Technology

  • Number of employees:

    500-1,000

  • Funding Amount:

    $170,000,000

  • Number of funding rounds:

    6

  • Number of investors:

    24

here

Eswin

Eswin

Eswin produces integrated chips and solutions focused on emerging technologies including wireless, AI, displays, and videos.

Details of the startup:

  • Valuation:

    $1.24

    B (

    June 2020

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2016

  • Founders:

    No Data

  • Industries:

    Communication Hardware, Hardware, Semiconductor, Wearables

  • Number of employees:

    250-500

  • Funding Amount:

    CN¥2,000,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    7

here

Formlabs

Formlabs

Formlabs technologies are used by professionals to produce real-world models and functional prototypes via 3D printing.

Details of the startup:

  • Valuation:

    $1.07

    B (

    August 2018

    )

  • Country:

    United States

  • City:

    Somerville

  • Started in:

    2011

  • Founders:

    David Cranor, Maxim Lobovsky, Natan Linder

  • Industries:

    3D Printing, 3D Technology, Consumer Electronics, Hardware

  • Number of employees:

    500-1,000

  • Funding Amount:

    $253,699,968

  • Number of funding rounds:

    8

  • Number of investors:

    23

here

Graphcore

Graphcore

Graphcore is an international team based in London developing the Intelligence Processing Unit (IPU), a microprocessor designed for artificial intelligence, machine learning and big data applications.

Details of the startup:

  • Valuation:

    $2.77

    B (

    December 2018

    )

  • Country:

    United Kingdom

  • City:

    Bristol

  • Started in:

    2016

  • Founders:

    Nigel Toon, Simon Knowles

  • Industries:

    Artificial Intelligence, Hardware, Machine Learning, Semiconductor

  • Number of employees:

    250-500

  • Funding Amount:

    $682,000,000

  • Number of funding rounds:

    6

  • Number of investors:

    29

here

Innovium

Innovium

Innovium offers enterprise-class data center solutions suitable for the most demanding of networking challenges.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2020

    )

  • Country:

    United States

  • City:

    San Jose

  • Started in:

    2014

  • Founders:

    Mohammad Issa, Puneet Agarwal, Rajiv Khemani

  • Industries:

    Data Center, Hardware, Information Technology

  • Number of employees:

    50-100

  • Funding Amount:

    $402,313,061

  • Number of funding rounds:

    10

  • Number of investors:

    14

here

Moore Threads

Moore Threads

Moore Threads offers you a full-line of advanced graphics processing unit technology and services. Their custom GPU solutions are used by leading manufacturers of consumer electronics, PC, and servers worldwide.

Details of the startup:

  • Valuation:

    $1

    B (

    February 2021

    )

  • Country:

    China

  • City:

    Haidian

  • Started in:

    2020

  • Founders:

    No Data

  • Industries:

    Artificial Intelligence, Gaming, Hardware, Semiconductor

  • Number of employees:

    100-250

  • Funding Amount:

    No Data

  • Number of funding rounds:

    1

  • Number of investors:

    13

here

Pilot

Pilot

Pilot Fiber is an internet service provider that is committed to offering high speeds for businesses.

Details of the startup:

  • Valuation:

    $1.20

    B (

    March 2021

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2014

  • Founders:

    Joseph Fasone

  • Industries:

    Hardware, Internet

  • Number of employees:

    100-250

  • Funding Amount:

    $33,075,000

  • Number of funding rounds:

    4

  • Number of investors:

    12

here

Starry

Starry

Starry is a new provider of high-speed Internet to homes and small businesses using next-generation technology. Their first product, Starry Station, transforms any home into a Wi-Fi hotspot with unlimited data.

Details of the startup:

  • Valuation:

    $1.29

    B (

    July 2018

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2014

  • Founders:

    Chaitanya Kanojia

  • Industries:

    Hardware, Internet, Network Hardware, Wireless

  • Number of employees:

    250-500

  • Funding Amount:

    $380,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    9

here
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