Growth-stage hardware investors in the UK
Growth-stage companies are raising larger rounds to scale, usually led by later-stage funds, with early investors often still holding. Hardware, robotics and engineering companies usually need more capital before revenue, so grants, university funds and patient angel money feature heavily. 76 investor-backed growth-stage hardware and engineering companies are in Pulse, and 4 raised a first funding round in the last year.
- Investor-backed companies
- 76
- Active investors, 2 years
- 704
- Rounds, 2 years
- 117
- Median round
- £2.23m
Who is investing
In the last two years 193 funds, firms and family offices and 511 angels took shares in growth-stage hardware and engineering companies, with the latest round in Nov 2026. These are the firms backing the most of these companies:
| Firm | Type | Companies |
|---|---|---|
| MNL Parkwalk | Fund or investment firm | 4 companies |
| Iq Capital Fund III LP | Fund or investment firm | 3 companies |
| Martlet Capital Limited | Fund or investment firm | 3 companies |
| The Chancellor, Masters and Scholars of the University of Cambridge | University | 3 companies |
| Angel Cofund | Fund or investment firm | 2 companies |
| British Patient Capital Limited | Fund or investment firm | 2 companies |
| British Technology Investments Limited | Fund or investment firm | 2 companies |
| Entrepreneur First Next Stage L.P. | Fund or investment firm | 2 companies |
See all 704 active investors, including angels, with what they've backed, estimated cheque sizes and who they invest alongside.
Rounds and valuations
Over the last two years, 117 funding rounds were raised by growth-stage hardware and engineering companies, an estimated £1.24bn, with a median round of about £2.23m. 4 of the companies raised their first priced round in the last 12 months. 21% of these valuations carry a High confidence rating.
How Hardware and engineering compares
Hardware and engineering companies make up 0% of the 74,284 investor-backed companies in Pulse. The median round of £2.23m is above the £176k median for the whole UK market. The most active firm in these companies is MNL Parkwalk, in 4 companies.
Questions
How many investors back growth-stage hardware and engineering companies?
Pulse found 704 outside investors taking shares in growth-stage hardware and engineering companies in the last two years: 193 funds, firms and family offices, and 511 angels.
How much do growth-stage hardware and engineering companies raise?
Over the last two years 117 rounds were raised, an estimated £1.24bn in total. The median round was about £2.23m.
How accurate are the amounts?
They are Pulse estimates, each with a confidence rating. 21% of recent valuations here carry a High confidence rating; the rest are marked Medium or Low.
Can I see every investor?
Pulse subscribers see every outside investor by name, with portfolios and co-investors, from £39.99 a month plus VAT (£47.99 inc. VAT). Contact details are not included and names are not linked to personal profiles.