In the ever-evolving landscape of Hardware, a select few companies have risen to the forefront, capturing the imagination and investment of the startup world. These 42 Hardware unicorns, valued at over $1 billion, are pioneering advancements that have the potential to reshape industries and redefine our future. In this list, we will take a closer look at the top Hardware unicorn companies, and explore their other details.
Top 42 Hardware Unicorn Companies
1. BitFury
Develops and delivers hardware and software solutions for blockchain and Bitcoin technologies, including mining hardware and enterprise blockchain solutions.
Company Details:
- City: Amsterdam
- Country: Netherlands
- Valuation: $1B
- Founded Year: 2011
- Fund Raised: $170M
- Joined Unicorn Club: 11/6/2018
- Key Investors: Georgian Co-Investment Fund, iTech Capital, Galaxy Digital
- Key Investors Count: 22
- Funding Deals: 3
- Website: https://bitfury.com/
2. Flock Safety
An American public safety and security company that provides crime-solving solutions and services for communities.
Company Details:
- City: Atlanta
- Country: United States
- Valuation: $3.50B
- Founded Year: 2017
- Fund Raised: $382.14M
- Joined Unicorn Club: 7/13/2021
- Key Investors: Matrix Partners, Initialized Capital, Tiger Global Management
- Key Investors Count: 15
- Funding Deals: 2
- Website: https://www.flocksafety.com/
3. Icon
Icon is a US-based construction technology company that provides solutions for 3D printing of homes and buildings. The company’s platform includes features such as robotic construction, advanced materials, and design software, with a focus on enabling faster and more sustainable construction. Icon has partnerships with leading construction and technology companies and has raised significant funding to support its growth.
Company Details:
- City: Austin
- Country: United States
- Valuation: $1.57 B
- Founded Year: –
- Fund Raised: –
- Joined Unicorn Club: 2/18/2022
- Key Investors: Moderne Ventures, Oakhouse Partners, Bjarke Ingels Group
- Key Investors Count: –
- Funding Deals: –
- Website: https://www.iconbuild.com/
4. Bitmain Technologies
A Chinese semiconductor company that designs and produces cryptocurrency mining hardware.
Company Details:
- City: Beijing
- Country: China
- Valuation: $12B
- Founded Year: 2015
- Fund Raised: $1.49B
- Joined Unicorn Club: 7/6/2018
- Key Investors: Coatue Management, Sequoia Capital China, IDG Capital
- Key Investors Count: 28
- Funding Deals: 7
- Website: https://www.bitmain.com/
5. Chipone
A Chinese semiconductor design company that provides chips and solutions for mobile phones, tablets, and other consumer electronics.
Company Details:
- City: Beijing
- Country: China
- Valuation: $4.73B
- Founded Year: 2008
- Fund Raised: $1.024B
- Joined Unicorn Club: 12/20/2021
- Key Investors: China Grand Prosperity Investment, Silk Road Huacheng, Oriza Equity Investment
- Key Investors Count: 30
- Funding Deals: 1
- Website: http://www.chipone-tech.com/
6. Geek+
A Chinese robotics company that provides robotics solutions and services for businesses.
Company Details:
- City: Beijing
- Country: China
- Valuation: $1B
- Founded Year: 2015
- Fund Raised: $433.61M
- Joined Unicorn Club: 11/21/2018
- Key Investors: Volcanics Ventures, Vertex Ventures China, Warburg Pincus
- Key Investors Count: 9
- Funding Deals: 1
- Website: https://www.geekplus.com/
7. TERMINUS Technology
A Chinese marketing technology company that provides martech solutions and services for businesses.
Company Details:
- City: Beijing
- Country: China
- Valuation: $1B
- Founded Year: 2015
- Fund Raised: $629.58M
- Joined Unicorn Club: 10/25/2018
- Key Investors: China Everbright Limited, IDG Capital, iFLYTEK
- Key Investors Count: 8
- Funding Deals: 4
- Website: https://www.terminus.com/
8. Exotec
A French robotics company that provides warehouse automation solutions and services for businesses.
Company Details:
- City: Croix
- Country: France
- Valuation: $2B
- Founded Year: 2015
- Fund Raised: $446.7M
- Joined Unicorn Club: 1/17/2022
- Key Investors: Breega Capital, Iris Capital, 360 Capital Partners
- Key Investors Count: 7
- Funding Deals: 3
- Website: https://www.exotec.com/en/
9. Greater Bay Technology
A Chinese AI and big data company that provides AI and big data solutions and services for businesses.
Company Details:
- City: Guangzhou
- Country: China
- Valuation: $1.26 B
- Founded Year: –
- Fund Raised: –
- Joined Unicorn Club: 4/2/2022
- Key Investors: Tencent Holdings, Utrust Venture Capital, GF Xinde Investment Management Co.
- Key Investors Count: –
- Funding Deals: –
- Website: http://www.gbt.com.cn/
10. 1KMXC
A Chinese blockchain company that provides blockchain solutions and services for businesses.
Company Details:
- City: Hangzhou
- Country: China
- Valuation: $1B
- Founded Year: 2014
- Fund Raised: $98.96M
- Joined Unicorn Club: 8/30/2021
- Key Investors: Goldman Sachs Asset Management, SDP Investment, Alibaba Group
- Key Investors Count: 8
- Funding Deals: 3
- Website: https://www.1kmxc.com/
11. Global Switch
A British data center company that provides cloud computing and colocation services.
Company Details:
- City: London
- Country: United Kingdom
- Valuation: $11.10B
- Founded Year: 1998
- Fund Raised: $6.255B
- Joined Unicorn Club: 12/22/2016
- Key Investors: Aviation Industry Corporation of China, Essence Financial, Jiangsu Sha Steel Group
- Key Investors Count: 6
- Funding Deals: 2
- Website: https://www.globalswitch.com/
12. Cerebras Systems
An American artificial intelligence hardware and software company that provides AI-powered solutions for businesses.
Company Details:
- City: Los Altos
- Country: United States
- Valuation: $4B
- Founded Year: 2016
- Fund Raised: $718M
- Joined Unicorn Club: 11/14/2018
- Key Investors: Benchmark, Foundation Capital, Sequoia Capital
- Key Investors Count: 14
- Funding Deals: 3
- Website: https://www.cerebras.net/
13. Agile Robots
A German robotics company that provides intelligent robot solutions and services for businesses.
Company Details:
- City: Munich
- Country: Germany
- Valuation: $1B
- Founded Year: 2018
- Fund Raised: $350M
- Joined Unicorn Club: 9/9/2021
- Key Investors: Hillhouse Capital Management, Sequoia Capital China, Linear Venture
- Key Investors Count: 14
- Funding Deals: 1
- Website: https://agile-robots.com/
14. Opentrons
Opentrons is a US-based life science robotics company that provides solutions for laboratory automation. The company’s platform includes features such as liquid handling, sample preparation, and protocol automation, with a focus on enabling researchers to accelerate their workflows and discoveries. Opentrons has partnerships with leading research institutions and has raised significant funding to support its growth.
Company Details:
- City: New York
- Country: United States
- Valuation: $1.80B
- Founded Year: 2016
- Fund Raised: $250.83M
- Joined Unicorn Club: 9/23/2021
- Key Investors: SOSV, Khosla Ventures, Lerer Hippeau
- Key Investors Count: 8
- Funding Deals: 2
- Website: https://www.opentrons.com
15. PsiQuantum
An American quantum computing technology company that provides quantum computing solutions and services for businesses.
Company Details:
- City: Palo Alto
- Country: United States
- Valuation: $3.15B
- Founded Year: 2016
- Fund Raised: $728.5M
- Joined Unicorn Club: 7/27/2021
- Key Investors: Playground Global, M12, BlackRock
- Key Investors Count: 10
- Funding Deals: 1
- Website: https://www.psiquantum.com/
16. Ledger
A French cryptocurrency hardware wallet company that provides hardware wallet solutions and services for individuals.
Company Details:
- City: Paris
- Country: France
- Valuation: $1.50B
- Founded Year: 2014
- Fund Raised: $466.38M
- Joined Unicorn Club: 6/10/2021
- Key Investors: Digital Currency Group, Draper Esprit, Korelya Capital
- Key Investors Count: 46
- Funding Deals: 4
- Website: https://www.ledger.com/
17. Magic Leap
Magic Leap is a US-based mixed reality company that provides solutions for spatial computing. The company’s platform includes features such as spatial computing, 3D modeling, and app development, with a focus on enabling businesses to create immersive and interactive experiences. Magic Leap has partnerships with leading content creators and technology companies and has raised significant funding to support its growth.
Company Details:
- City: Plantation
- Country: United States
- Valuation: $2B
- Founded Year: 2010
- Fund Raised: $3.484B
- Joined Unicorn Club: 10/21/2014
- Key Investors: Obvious Ventures, Qualcomm Ventures, Andreessen Horowitz
- Key Investors Count: 26
- Funding Deals: 7
- Website: https://www.magicleap.com/
18. Carbon
Carbon is a US-based 3D printing company that provides digital manufacturing solutions for businesses. The company’s platform includes a range of materials, printers, and software, with a focus on improving speed, quality, and customization. Carbon has partnerships with leading companies across multiple industries and has won numerous awards for its product innovation.
Company Details:
- City: Redwood City
- Country: United States
- Valuation: $2.40B
- Founded Year: 2013
- Fund Raised: $692M
- Joined Unicorn Club: 8/20/2015
- Key Investors: Google Ventures, Sequoia Capital, Wakefield Group
- Key Investors Count: 24
- Funding Deals: 5
- Website: https://www.carbon3d.com/
19. Density
Density is a US-based people counting and occupancy sensing software company that provides solutions for businesses and public spaces. The platform includes features such as real-time occupancy monitoring, analytics, and integrations with other software, with a focus on enabling businesses to optimize their space usage and improve safety. Density has partnerships with leading technology and business organizations and has gained significant recognition for its innovative approach to occupancy sensing.
Company Details:
- City: San Francisco
- Country: United States
- Valuation: $1.05B
- Founded Year: 2014
- Fund Raised: $217.2M
- Joined Unicorn Club: 11/10/2021
- Key Investors: Founders Fund, Upfront Ventures, 01 Advisors
- Key Investors Count: 22
- Funding Deals: 2
- Website: https://www.density.io/
20. Ample
Ample is a US-based electric vehicle charging technology company that provides solutions for electric vehicle charging infrastructure. The platform includes features such as modular chargers, cloud-based management software, and renewable energy integration, with a focus on enabling businesses and organizations to build and operate electric vehicle charging stations. Ample has partnerships with leading energy and transportation organizations and has gained significant recognition for its innovative approach to electric vehicle charging technology.
Company Details:
- City: San Francisco
- Country: United States
- Valuation: $1.02 B
- Founded Year: –
- Fund Raised: –
- Joined Unicorn Club: 11/11/2021
- Key Investors: Shell Ventures, Blackstone, Moore Strategic Ventures
- Key Investors Count: –
- Funding Deals: –
- Website: https://www.amplecharging.com/
21. SiFive
SiFive is a US-based semiconductor company that designs and develops customizable RISC-V based processors and chips. The company’s platform provides a range of customizable solutions for different markets and applications, with a focus on performance, flexibility, and cost-effectiveness. SiFive has partnerships with leading technology companies and has raised significant funding to support its growth.
Company Details:
- City: San Mateo
- Country: United States
- Valuation: $2.50 B
- Founded Year: –
- Fund Raised: –
- Joined Unicorn Club: 3/16/2022
- Key Investors: Sutter Hill Ventures, Osage University Partners, Spark Capital
- Key Investors Count: –
- Funding Deals: –
- Website: https://www.sifive.com/
22. Astera Labs
An American semiconductor technology company that provides semiconductor solutions and services for businesses.
Company Details:
- City: Santa Clara
- Country: United States
- Valuation: $3.20 B
- Founded Year: –
- Fund Raised: –
- Joined Unicorn Club: 11/17/2022
- Key Investors: Intel Capital, Sutter Hill Ventures, VentureTech
- Key Investors Count: –
- Funding Deals: –
- Website: https://www.asteralabs.com/
23. Biren Technology
A Chinese internet of things (IoT) technology company that provides IoT technology solutions and services for businesses.
Company Details:
- City: Shanghai
- Country: China
- Valuation: $2.32B
- Founded Year: 2019
- Fund Raised: $288.22M
- Joined Unicorn Club: 8/18/2020
- Key Investors: V FUND, IDG Capital, Green Pine Capital Partners
- Key Investors Count: 32
- Funding Deals: 3
- Website: http://www.biren.com.cn/
24. Iluvatar CoreX
A Chinese technology investment company that invests in technology companies and provides investment solutions and services for businesses.
Company Details:
- City: Shanghai
- Country: China
- Valuation: $1.55B
- Founded Year: 2015
- Fund Raised: $185.52M
- Joined Unicorn Club: 3/1/2021
- Key Investors: Centurium Capital, Cedarlake Capital, Unicom Innovation Venture Capital
- Key Investors Count: 8
- Funding Deals: 1
- Website: http://iluvatarcorex.com/
25. Enflame
A Chinese AI chip company that provides AI chip solutions and services for businesses.
Company Details:
- City: Shanghai
- Country: China
- Valuation: $1.24B
- Founded Year: 2018
- Fund Raised: $470.52M
- Joined Unicorn Club: 1/5/2021
- Key Investors: Tencent Holdings, Delta Capital, Redpoint Ventures China
- Key Investors Count: 18
- Funding Deals: 1
- Website: https://www.enflame-tech.com/
26. Gaussian Robotics
A Chinese robotics company that provides robotics solutions and services for businesses.
Company Details:
- City: Shanghai
- Country: China
- Valuation: $1.10B
- Founded Year: 2013
- Fund Raised: $287.83M
- Joined Unicorn Club: 11/10/2021
- Key Investors: BlueRun Ventures, Grand Flight Investment, Meituan Dianping
- Key Investors Count: 17
- Funding Deals: 1
- Website: http://www.gaussianrobotics.com/
27. DJI Innovations
A Chinese technology company that specializes in drones, gimbals, and aerial imaging.
Company Details:
- City: Shenzhen
- Country: China
- Valuation: $15B
- Founded Year: 2006
- Fund Raised: $1.135B
- Joined Unicorn Club: 1/23/2015
- Key Investors: Accel Partners, Sequoia Capital
- Key Investors Count: 7
- Funding Deals: 3
- Website: https://www.dji.com/
28. Royole Corporation
An American technology company that designs and produces flexible displays, foldable smartphones, and other consumer electronics.
Company Details:
- City: Shenzhen
- Country: China
- Valuation: $6B
- Founded Year: 2012
- Fund Raised: $1.414B
- Joined Unicorn Club: 8/18/2015
- Key Investors: Warmsun Holding, IDG Capital Partners
- Key Investors Count: 32
- Funding Deals: 4
- Website: https://www.royole.com/
29. UBTECH Robotics
A Chinese robotics and artificial intelligence company that provides intelligent humanoid robots and other robotic solutions.
Company Details:
- City: Shenzhen
- Country: China
- Valuation: $4.58B
- Founded Year: 2012
- Fund Raised: $645.6M
- Joined Unicorn Club: 7/25/2016
- Key Investors: CDH Investments, Goldstone Investments, Qiming Venture Partners
- Key Investors Count: 22
- Funding Deals: 7
- Website: https://www.ubtrobot.com/
30. Coocaa
A Chinese smart TV and home appliances company that provides smart TV and home appliances solutions and services for individuals.
Company Details:
- City: Shenzhen
- Country: China
- Valuation: $1.45B
- Founded Year: 2006
- Fund Raised: $226.6M
- Joined Unicorn Club: 3/16/2018
- Key Investors: Baidu, Tencent Holdings
- Key Investors Count: 4
- Funding Deals: 3
- Website: https://www.coocaa.com/
31. Jaguar Microsystems
A Chinese semiconductor company that provides semiconductor solutions and services for businesses.
Company Details:
- City: Shenzhen
- Country: China
- Valuation: $1.34 B
- Founded Year: –
- Fund Raised: –
- Joined Unicorn Club: 6/23/2022
- Key Investors: Tencent Holdings, Glory Ventures, Shenzhen Capital Group
- Key Investors Count: –
- Funding Deals: –
- Website: http://www.jaguarsemi.com/
32. JMGO
A Chinese home entertainment company that provides home entertainment solutions and services for individuals.
Company Details:
- City: Shenzhen
- Country: China
- Valuation: $1.26 B
- Founded Year: –
- Fund Raised: –
- Joined Unicorn Club: 3/15/2022
- Key Investors: IDG Capital, Yuanda Venture Investment, Primitive Forest Holdings Group
- Key Investors Count: –
- Funding Deals: –
- Website: https://en.jmgo.com/
33. EcoFlow
A Chinese portable power supply company that provides portable power supply solutions and services for individuals.
Company Details:
- City: Shenzhen
- Country: China
- Valuation: $1B
- Founded Year: 2017
- Fund Raised: $110.59M
- Joined Unicorn Club: 6/10/2021
- Key Investors: Delian Capital, China International Capital Corporation, Sequoia Capital China
- Key Investors Count: 13
- Funding Deals: 1
- Website: https://www.ecoflow.com/
34. Orbbec Technology
A Chinese 3D sensor company that provides 3D sensor solutions and services for businesses.
Company Details:
- City: Shenzhen
- Country: China
- Valuation: $1B
- Founded Year: 2013
- Fund Raised: $200M
- Joined Unicorn Club: 5/21/2018
- Key Investors: R-Z Capital, Green Pine Capital Partners, SAIF Partners China
- Key Investors Count: 8
- Funding Deals: 1
- Website: https://orbbec3d.com/
35. Formlabs
Formlabs is a US-based 3D printing company that provides solutions for prototyping and manufacturing. The company’s platform includes features such as desktop stereolithography, dental 3D printing, and material engineering, with a focus on enabling businesses to bring their ideas to life quickly and affordably. Formlabs has partnerships with leading manufacturers and has raised significant funding to support its growth.
Company Details:
- City: Somerville
- Country: United States
- Valuation: $2B
- Founded Year: 2011
- Fund Raised: $261.25M
- Joined Unicorn Club: 8/1/2018
- Key Investors: Pitango Venture Capital, DFJ Growth Fund, Foundry Group
- Key Investors Count: 24
- Funding Deals: 6
- Website: https://formlabs.com/
36. Next Silicon
Develops application-specific integrated circuits (ASICs) and systems-on-a-chip (SoCs) for various industries
Company Details:
- City: Tel Aviv
- Country: Israel
- Valuation: $1.50B
- Founded Year: 2018
- Fund Raised: $226.6M
- Joined Unicorn Club: 6/14/2021
- Key Investors: Amiti Ventures, Playground Global, Aleph
- Key Investors Count: 9
- Funding Deals: 1
- Website: https://nextsilicon.com/
37. Xanadu
A Canadian quantum computing and technology company that provides quantum computing solutions and services for businesses.
Company Details:
- City: Toronto
- Country: Canada
- Valuation: $1.00 B
- Founded Year: –
- Fund Raised: –
- Joined Unicorn Club: 11/9/2022
- Key Investors: BDC Capital, Georgian, Bessemer Venture Partners
- Key Investors Count: –
- Funding Deals: –
- Website: https://www.xanadu.ai/
38. Infinidat
Infinidat is a US-based data storage company that provides solutions for enterprise-scale storage systems. The company’s platform includes features such as high capacity, performance, and reliability, with a focus on enabling businesses to store and manage their data more efficiently and cost-effectively. Infinidat has partnerships with leading technology companies and has raised significant funding to support its growth.
Company Details:
- City: Waltham
- Country: United States
- Valuation: $1.60B
- Founded Year: 2011
- Fund Raised: $325M
- Joined Unicorn Club: 4/29/2015
- Key Investors: TPG Growth, Goldman Sachs
- Key Investors Count: 6
- Funding Deals: 3
- Website: https://www.infinidat.com/
39. Locus Robotics
Locus Robotics is a warehouse automation company that develops autonomous robots to help retailers and other companies improve their fulfillment operations. Their robots work collaboratively with human workers to increase efficiency and reduce errors.
Company Details:
- City: Wilmington
- Country: United States
- Valuation: $1B
- Founded Year: 2014
- Fund Raised: $315.82M
- Joined Unicorn Club: 2/17/2021
- Key Investors: Scale Venture Partners, Bond, Tiger Global Management
- Key Investors Count: 8
- Funding Deals: 3
- Website: https://locusrobotics.com/
40. China Cloud
A Chinese cloud computing company that provides cloud computing solutions and services for businesses.
Company Details:
- City: Wuxi
- Country: China
- Valuation: $1B
- Founded Year: 2010
- Fund Raised: $522.8M
- Joined Unicorn Club: 6/11/2018
- Key Investors: V Star Capital, GF Xinde Investment Management Co., Haitong Leading Capital Management
- Key Investors Count: 31
- Funding Deals: 1
- Website: https://www.chinacloud.com/
41. Vayyar
Develops 4D imaging technology for a variety of industries, including automotive, construction, and healthcare.
Company Details:
- City: Yehud
- Country: Israel
- Valuation: $1.00 B
- Founded Year: –
- Fund Raised: –
- Joined Unicorn Club: 6/6/2022
- Key Investors: Battery Ventures, Bessemer Venture Partners, MoreVC
- Key Investors Count: –
- Funding Deals: –
- Website: https://vayyar.com/
42. Meizu Technology
A Chinese consumer electronics company that provides smartphones, audio devices, and other consumer electronics.
Company Details:
- City: Zhuhai
- Country: China
- Valuation: $4.58B
- Founded Year: 2003
- Fund Raised: $943.1M
- Joined Unicorn Club: 7/23/2014
- Key Investors: Telling Telecommunication Holding Co., Alibaba Group
- Key Investors Count: 4
- Funding Deals: 2
- Website: https://www.meizu.com/
Conclusion
As we conclude our exploration of the top 42 Hardware unicorn companies, it becomes evident that we are living in a time of remarkable startup progress. These companies have harnessed the power of Hardware to revolutionize industries, disrupt traditional models, and push the boundaries of what was once considered possible.