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This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
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The global hardware startup scene is led by companies with significant financial backing and high valuations. AI computing company Cerebras Systems is valued at $8 billion, while quantum computing firm PsiQuantum has raised $2.3 billion.
The industry also includes startups in areas like 3D printing, with Carbon reaching a $2.4 billion valuation.
Below is the full list of 20 Hardware unicorn startups at this time.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Cerebras Systems builds wafer-scale processors to power a new class of AI supercomputers. Their systems are designed to dramatically accelerate training for the largest deep learning models.
PsiQuantum builds fault-tolerant quantum computers designed to solve problems beyond the scope of today's supercomputers. They use a photonics-based approach, which allows them to leverage existing semiconductor manufacturing to create a machine with one million qubits.
Xiaodu develops a line of smart speakers and other consumer hardware as part of the Baidu ecosystem. Their products provide users with voice-controlled access to Baidu's extensive suite of services and content.
Plume Design builds a SaaS platform that enables communication service providers to deliver new smart home services. They are known for providing a suite of tools, from adaptive WiFi to AI-powered security, that personalizes and secures the connected home experience.
DriveNets builds cloud-native networking software that allows service providers to construct networks with greater flexibility and scale. Their Network Cloud solution is known for disaggregating network functions from proprietary hardware, enabling them to run on standard equipment.
Carbon developed a comprehensive 3D printing platform used for designing, prototyping, and manufacturing polymer parts. Their process combines proprietary hardware, software, and materials to enable on-demand production for various industries.
Biren Technology develops general-purpose GPUs and other intelligent processors for the high-performance computing market. Their custom AI chips are built to accelerate demanding workloads like AI training and inference.
Formlabs develops and manufactures professional 3D printers and software for engineers, designers, and manufacturers. They are recognized for making industrial-grade printing technology accessible through a complete ecosystem of hardware, software, and materials.
Opentrons develops pipetting robots that automate experiments for life science labs. Their open-source platform is designed to be accessible, allowing scientists to easily run complex protocols and speed up their research.
NextSilicon creates novel processing hardware for the high-performance computing industry. They are known for a unique architecture that rethinks how software runs on hardware to accelerate complex workloads.
The most valuable unicorns only tell part of the story. This next group of companies comes from all over the world, with a strong showing from China.
Together they have raised over $5 billion, building everything from quantum computers to smart farming tools. Here’s a look at the other hardware unicorns shaping the industry.
| Unicorn Startup | Country | Year Founded | Amount Raised | Valuation |
|---|---|---|---|---|
| China | 2017 | CN¥5.7B | $2B | |
| South Korea | 2020 | $457.7M | $1.4B | |
| United Arab Emirates | 2021 | $290M | $1.35B | |
| China | 2011 | $378.6M | $1.26B | |
| Canada | 2016 | $268.3M | $1B | |
| United States | 2015 | $374.7M | $1B | |
| Finland | 2018 | $569.1M | $1B | |
| New Zealand | 2016 | $198.8M | $1B | |
| China | 2020 | CN¥3.5B | $1B | |
| The Netherlands | 2011 | $170M | $1B | |
| China | 2017 | CN¥1B | $1B | |
| China | 2012 | CN¥11.3B | $1B |
