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Top 30 Hardware Startup Investors in Greece (August 2026)

The most active venture capital funds and angel investors investing in Greece Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Greece Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Uni.Fund
VC Fund
9 Greece, United States, United Kingdom Seed, Pre-Seed SaaS, Analytics, Big Data $165k–$2.3M
Marathon Venture Capital
VC Fund
6 United Kingdom, United States, Greece Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $830k–$17M
LAUNCHub Ventures
VC Fund
5 Bulgaria, United Kingdom, United States Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $55k–$59M
Openfund
VC Fund
4 Greece, United Kingdom, United States Seed, Series A, Pre-Seed Software, Travel, E-Commerce $55k–$5M
VentureFriends
VC Fund
3 Greece, United Kingdom, United States Seed, Series A, Pre-Seed FinTech, Software, E-Commerce $219k–$20M
Helidoni Group
VC Fund
2 Greece, United States, United Kingdom Seed, Venture - Series Unknown, Angel Organic Food, Consumer Goods, Financial Services $117k–$3.9M
HCVC
VC Fund
2 United States, France, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, Robotics $920k–$30M
5G Ventures
VC Fund
2 Greece, United States, Italy Series B, Series A, Venture - Series Unknown Software, Information Technology, Wireless $3.3M–$75M
Metavallon VC
VC Fund
2 Greece, United Kingdom, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, Health Care $200k–$16M
CNH Industrial
VC Fund
1 United States, Brazil, Greece Series A, Corporate Round, Seed AgTech, Agriculture, Farming $2.1M–$20M
Laurel Bowden
Angel
1 United Kingdom, Germany, France Series B, Series C, Series D Software, SaaS, E-Commerce $12M–$334M
Alan Rutledge
Angel
1 United States, India, Mexico Seed, Pre-Seed, Series A FinTech, Financial Services, Software $600k–$9.5M
Sporos Platform
VC Fund
1 Greece, Belgium Seed, Venture - Series Unknown Information Technology, Apps, Coffee $463k–$1.2M
Panagiotis Papadopoulos
Angel
1 United States, Greece, United Kingdom Seed, Series A, Pre-Seed Software, Information Technology, Mobile $120k–$21M
John Tsioris
Angel
1 Greece, Estonia, United Arab Emirates Pre-Seed, Seed, Series A Information Technology, Travel, Farming $156k–$2.6M
Runa Capital
VC Fund
1 United States, Germany, France Series A, Seed, Series B Software, SaaS, FinTech $1.1M–$20M
Edvard Engesæth
Angel
1 United States, Greece, Norway Pre-Seed, Series A, Seed Health Care, Developer Platform, B2B $1.1M–$20M
European Bank for Reconstruction and Development
VC Fund
1 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Energy $5M–$320M
Dimitrios Kourtesis
Angel
1 Greece Seed, Pre-Seed Video, Software, Marketing
Velocity Partners
VC Fund
1 Greece, United Kingdom, United States Seed, Pre-Seed, Series A Software, Health Care, Real Estate $220k–$59M
Eleven Ventures
VC Fund
1 Bulgaria, United States, United Kingdom Seed, Convertible Note, Pre-Seed Software, SaaS, Information Technology $27k–$2.7M
Serban Enache
Angel
1 United States, Romania, Greece Seed, Pre-Seed, Series A Software, Marketplace, Computer Vision $327k–$25M
EIT Urban Mobility
VC Fund
1 Spain, Sweden, France Seed, Pre-Seed, Series A Software, Transportation, Information Technology
Pymwymic
VC Fund
1 The Netherlands, United Kingdom, France Series A, Series B Agriculture, AgTech, Software $3M–$34M
Claure Group
VC Fund
1 United States, Greece, Belgium Series A, Private Equity, Seed Information Technology, Energy, Renewable Energy $7M–$22M
George Perlegos
Angel
1 United States Seed, Angel Education, Search Engine, Semantic Search
Argyris Kaninis
Angel
1 Greece Seed Real Estate $1.1M–$2.1M
Leon Yohai
Angel
1 Greece Seed, Pre-Seed Logistics, Classifieds, Real Estate
DST Global
VC Fund
1 United States, China, India Series B, Series C, Series A FinTech, E-Commerce, Financial Services $10M–$450M
Christos Makiyama
Angel
1 Greece Seed Semiconductor, Computer Vision, Internet of Things
Access all 55 investors in Greece Hardware startups.

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Investor list

Uni.Fund
VC Fund · Athens, Attiki, Greece · 9 investments in Greece Hardware startups

Unifund We amplify the development of real ventures by fostering innovation and empowering people

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Investment focus

  • Industry: SaaS, Analytics, Big Data
  • Stage:Seed, Pre-Seed
  • Geography: Greece, United States, United Kingdom

Investor stats

  • Total investments: 45
  • Round size: Seed $384k–$2.3M; Pre-Seed $165k–$2.3M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Bolsterup — Bolsterup specializes in a B2B SaaS platform for the construction industry. It offers a digital ecosystem that centralizes project data, connecting professionals, teams, and products. The platform enables users to create digital portfolios, identify potential collaborators, and expand their market reach. Bolsterup uses AI-driven matchmaking and averification/referral system to facilitate growth, with a subscription-based model and plans for additional revenue streams. The company has rapidly expanded with customers in Cyprus, Greece, and the UAE.
  • SolidWatts — We electrify industrial process heating by creating the new state-of-the-art in microwave and radio frequency power sources for industry.
  • Terra Robotics — Cut agricultural labor costs and maximize yield. Our Greek-built AI laser weeder eliminates 92% of weeds with automated 0.45 ha/h coverage-engineered at a lightweight 1050kg to protect your soil.
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Marathon Venture Capital
VC Fund · Athens, Attiki, Greece · 6 investments in Greece Hardware startups

Marathon Venture Capital is a seed-stage fund, helping ambitious Greek and European founders build world-class technology companies.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, Greece

Investor stats

  • Total investments: 43
  • Round size: Seed $1M–$3M; Pre-Seed $830k–$1.6M; Series A $4.8M–$17M
  • Lead/follow: 65% lead, 35% follow
  • Last fund: May invest from a new fund soon — raised $234k in 2021

Portfolio highlights

  • NOFire AI — The Context and Control Model for Production
  • LearnWorlds — LearnWorlds is the complete LMS software to build, deliver, and scale training programs. Trusted by 13,000+ learning businesses. Start free.
  • Hack The Box — Hack The Box is a provider of an ethical hacking community and cybersecurity training platform based in the United Kingdom. It enables users to test their penetration testing skills, exchange ideas and methodologies with the community. The platform contains several challenges that are constantly updated. Some of them simulating real-world scenariosand some of them leaning more towards a CTF style of challenge.The company was founded in 2017 by Aris Zikopoulos and Haris Pylarinos.
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LAUNCHub Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 5 investments in Greece Hardware startups

Seed-stage VC fund for Central and Eastern Europe. 90+ companies backed.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Bulgaria, United Kingdom, United States

Investor stats

  • Total investments: 149
  • Round size: Seed $55k–$3.5M; Pre-Seed $183k–$2.8M; Series A $2.9M–$59M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $82M in 2021

Portfolio highlights

  • nFuse.ai — nFuse scales your B2B sales with AI. Up to 30% revenue uplift, $1 per order processing cost, live in 30 days. No new apps, no behavior change.
  • OfficeRnD — OfficeRnD helps flex space operators and hybrid teams manage the workplace of the future. Book your demo or start a free 14-day trial.
  • Nanogram — Nanogram is an AI-powered gaming startup that creates an instant prompt-to-game platform, allowing anyone to build and share interactive short-form video games. Frequently described as "TikTok for mobile games," the company delivers an endless, vertical social feed of byte-sized, zero-download games that players swipe through and playinstantly.
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Openfund
VC Fund · Athens, Attiki, Greece · 4 investments in Greece Hardware startups

Openfund is a new seed capital venture, focusing on start-ups around software, mobile and the web. Based in Athens, Greece, the Openfund brings together an exceptional team of executives, an extensive list of advisors and a number of passionate investors to provide everything a team of entrepreneurs needs to turn ideas into products and success.

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Investment focus

  • Industry: Software, Travel, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Greece, United Kingdom, United States

Investor stats

  • Total investments: 48
  • Round size: Seed $55k–$675k; Series A $1.5M–$5M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2013

Portfolio highlights

  • 100mentors — The problem:We take our most critical career & academic decisions quite randomly. *Our mission:To empower the world’s youth to consciously take their once in a lifetime decisions.100mentors: On-demand access to the world's largest alumni network. Prepare your students for the workplace of the future.* We live in an agewhere you can have an Uber cab show up in 2', with the car type you like, full visibility of the driver reviews, even the ability to pre-set the music you'​ ll listen to during your ride. At the same time, you have almost zero capacity to personalise yours or your kid's career & academic orientation to find what truly fits their profiles, needs & special talents or customise their counselling for landing their dream universities & jobs & pursuing their real inclinations...https://www.youtube.com/watch?v=g18FLCNjscM&feature=youtu.be
  • EverythingStore — Multi-crypto e-commerce for buying and selling goods on any blockchain.
  • Welcome Pickups — Book a trusted local driver to pick you up and introduce you to your next destination, pre-order travel essentials.
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VentureFriends
VC Fund · Athens, Attiki, Greece · 3 investments in Greece Hardware startups

VentureFriends is a venture capital fund that invests in tech-enabled companies. VentureFriends (VF) is a venture capital fund specialising in seed stage startups. VF seeks to invest in tech-enabled B2C and B2B startups that can develop a sustainable moat over time and have a sweet spot for PropTech, FinTech, Marketplaces, and SaaS. The fundtypically invests between €0.3M - €2.5M and can follow on up to a total of €5 - 10M. VentureFriends invests predominantly in Europe and is founded by ex-entrepreneurs and angel investors, thus having an entrepreneurial and founder-friendly philosophy.

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Greece, United Kingdom, United States

Investor stats

  • Total investments: 144
  • Round size: Seed $500k–$6.6M; Pre-Seed $219k–$3.4M; Series A $2.6M–$20M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $110M in 2021

Portfolio highlights

  • Merx — Grow contactability, data quality and customer lifetime value with AI agents on WhatsApp.
  • NeuralTrust — NeuralTrust is the leading security platform for generative AI, offering a unified command center for real-time defense and offense. Its open source AI gateway delivers the fastest performance in the market for managing LLM traffic, while its automated red teaming engine proactively uncovers vulnerabilities, ensuring robust protection for your AIsystems.
  • Valeria HR — Valeria HR is a digitized workforce management platform driven by AI.
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Helidoni Group
VC Fund · 2 investments in Greece Hardware startups

Helidoni Group is an investment firm.

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Investment focus

  • Industry: Organic Food, Consumer Goods, Financial Services
  • Stage:Seed, Venture - Series Unknown, Angel
  • Geography: Greece, United States, United Kingdom

Investor stats

  • Total investments: 11
  • Round size: Seed $117k–$3.9M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Robenso — Robensoe develops intelligent robots capable of identifying, categorizing, and physically sorting recyclables into separate bins.
  • FlexThis — FlexThis is an online marketplace that rents bikes for any duration to minimize transportation pollution.
  • Terra Robotics — Cut agricultural labor costs and maximize yield. Our Greek-built AI laser weeder eliminates 92% of weeds with automated 0.45 ha/h coverage-engineered at a lightweight 1050kg to protect your soil.
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HCVC
VC Fund · Paris, Ile-de-France, France · 2 investments in Greece Hardware startups

HCVC is an early-stage Venture Capital firm backing hardtech companies worldwide. Beyond its fund, HCVC supports hardtech founders through Hardware Club, a selective global community of 500+ startups with dedicated resources, partnerships and events.

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Investment focus

  • Industry: Software, Artificial Intelligence, Robotics
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 96
  • Round size: Seed $920k–$11M; Pre-Seed $1.4M–$5.2M; Series A $5.2M–$30M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • NavierAI — Navier AI CFD platform allows aerospace and mechanical engineers to design high-performance machines with ease.
  • Chiral — Next-generation electronics with nanomaterials
  • Karavela — Karavela is a company developing a "foundation model" of the human brain using large-scale brain imaging data (like MRI) and AI.
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5G Ventures
VC Fund · Amaroúsion, Attiki, Greece · 2 investments in Greece Hardware startups

Technology | Profitability | Sustainability

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Investment focus

  • Industry: Software, Information Technology, Wireless
  • Stage:Series B, Series A, Venture - Series Unknown
  • Geography: Greece, United States, Italy

Investor stats

  • Total investments: 12
  • Round size: Series A $7M–$13M; Series B $15M–$75M; Venture - Series Unknown $3.3M–$40M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Natech Banking Solutions — Modular banking solutions for small to mid-sized banks. Transform and grow with Natech's API-first platform. | Natech
  • D-Orbit — End-to-end services for the New Space industry, including platform engineering, launch and deployment, and decommissioning.
  • Movandi — Movandi is the fastest growing 5G mmWave solutions company focused on the design and development of deep technology for 5G and beyond.
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Metavallon VC
VC Fund · Athens, Attiki, Greece · 2 investments in Greece Hardware startups

Metavallon VC focuses on early stage (Pre-Seed and Seed) investments across sectors in Greece and Europe. With an affinity for B2B models, deep technology, and strong ties with Greece, we back pioneering teams and work alongside ambitious entrepreneurs operating at the forefront of business and technology innovation.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Greece, United Kingdom, United States

Investor stats

  • Total investments: 60
  • Round size: Seed $531k–$3.4M; Pre-Seed $200k–$850k; Series A $2.9M–$16M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Yaspa — Yaspa uses open banking to enable instant bank payments. Our A2A platform provides a seamless experience for verified payments, deposits & withdrawals
  • BIOEMTECH — Medical Devices, Medical Imaging
  • Purposeful — Purposeful discovers new treatments and develops pharmaceutical products for rare diseases, by repurposing already marketed drugs. Our vision is to fully employ AI repurposing and revisit rare and common diseases to reverse disease phenotypes.
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CNH Industrial
VC Fund · Basildon, Essex, United Kingdom · 1 investments in Greece Hardware startups

CNH Industrial is a capital goods company that designs, produces, and sells agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles. It is present in all major markets and is focused on expanding its presence in high-growth markets, including through joint ventures.

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Investment focus

  • Industry: AgTech, Agriculture, Farming
  • Stage:Series A, Corporate Round, Seed
  • Geography: United States, Brazil, Greece

Investor stats

  • Total investments: 17
  • Round size: Seed $2.1M–$3M; Series A $5.8M–$20M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • BEMAGRO — BEMAGRO offers imaging solutions through artificial intelligence to promote productive and sustainable agriculture.
  • EarthOptics — GroundTruth Ag is a soil cloud creator specializing in sustainable agricultural management. GroundTruth offers insights into soil management and health as well as near-real-time actionable data layers that cover the physical, chemical, and biological characteristics of the soil. This technology allows farmers to obtain accurate soil informationwhile also offering carbon creditors low-cost, hyper-accurate verification.
  • Advanced Farm Technologies — We see a new frontier in farming: where human grit and determination meets automation, and farms are made safer, better, and more productive.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Laurel Bowden
Angel · London, England, United Kingdom · 1 investments in Greece Hardware startups

Laurel is a General Partner at 83North (formerly Greylock IL), which she joined in 2008. Her areas of focus include: software, internet and fintech. Laurel has led investments in many leading European companies, including Just Eat (LSE: JE), Qliktech (NASDAQ: QLIK) and Hybris (acquired by SAP).Her current company boards and investmentsinclude Workable, Mirakl, NotontheHighStreet, Wonga, Wandera, iZettle, BlueVine, Ebury and Investec PLC & Ltd.Laurel was previously at GE and JVP. She holds a BS in Electrical Engineering from the University of Cape Town and an MBA from INSEAD.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Series B, Series C, Series D
  • Geography: United Kingdom, Germany, France

Investor stats

  • Total investments: 64
  • Round size: Series B $19M–$48M; Series C $12M–$90M; Series D $13M–$334M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Ebury — Ebury UK | The Latest Fintech & Finance Solutions
  • Huuva — Huuva’s tech-enabled Foodhalls bring local hero restaurants under one roof. Our mission is to revolutionize suburban dining by bringing the most beloved restaurants to underserved areas.The concept is simple yet powerful: each Huuva Foodhall hosts multiple fast-casual restaurant brands, offering variety for consumers and efficient expansion forpartners. Customers are served through dine-in, takeaway, and delivery, with the option to combine multiple brands within a single order.At the core is HuuvaOS, the operating system that keeps every kitchen running in perfect harmony. Managing timing, inventory, and orders, it allows chefs to focus on cooking. Enabled by HuuvaOS, the kitchen crew’s productivity is significantly higher than in a conventional restaurant.For restaurant brands, Huuva offers an effortless way to grow beyond their local neighborhood without financial risks or operational compromises. Through a network of tech-driven local Foodhalls, Huuva enables brands to launch and scale in new markets within weeks rather than years.
  • Pandas — We are Green Panda and our mission is to give consumers the most value out of their smartphone with zero hassle, by empowering them to sell/trade it in the fastest, safest, and easiest way possible. 1Bn (with a B!) smartphones stop being used, every year after you upgrade to the latest and greatest. But there is a solution as simple astrading them in and getting paid while participating in the circular economy. So, why aren’t people selling their old phones, we wondered? This is where Green Panda comes in. Inspired by humans and powered by tech, we make sure that the frustrating experience of selling your smartphone is now as quick and easy as using a kiosk near you. Our patented A.I. technology in the Green Panda kiosks allows us to evaluate a smartphone’s condition, from the smallest nick to serious technical issues, with unprecedented accuracy. Oh, and we pay users on the spot, straight to their bank account/credit card.
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Alan Rutledge
Angel · 1 investments in Greece Hardware startups

Alan Rutledge

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 47
  • Round size: Seed $1.3M–$9.5M; Pre-Seed $600k–$2.5M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Cekura AI — Cekura AI is an AI based Software Development firm offering Developer Tool to observe and test AI voice agents.
  • Mentra — Exploring ideas with @Mentraglass. Follow for future updates.
  • Cosmoserve Space — Cosmoserve Space is developing autonomous robotic spacecraft to mitigate the rapidly growing problem of orbital debris.
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Sporos Platform
VC Fund · Athens, Attiki, Greece · 1 investments in Greece Hardware startups

SPOROS Empowering the Circular Transition Our Mission Our mission at Sporos Platform is to bridge the gap between meaningful outcomes and strong financial return

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Investment focus

  • Industry: Information Technology, Apps, Coffee
  • Stage:Seed, Venture - Series Unknown
  • Geography: Greece, Belgium

Investor stats

  • Total investments: 11
  • Round size: Seed $463k–$1.2M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Momcycle — Momcycle is an online marketplace that enables parents to sell and buy useful and quality branded baby and children's products,
  • BibeCoffee — BibeCoffee is an IoT real-time monitoring solution that transforms every professional coffee machine to a smart connected terminal minimizing revenue Loss and safeguarding brand quality image
  • Nutri Valley — Nutri Valley offers diversified products from oat-based cereals and protein bars to children’s nutrition and ready-to-eat meals.
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Panagiotis Papadopoulos
Angel · San Francisco, California, United States · 1 investments in Greece Hardware startups

Panos is a technology and product focused entrepreneur who loves to build things solve real problems. He is also an active investor & advisor in startups in USA, UK and Greece in the fields of Mobile, IoT, Identity and FinTech.

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Investment focus

  • Industry: Software, Information Technology, Mobile
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Greece, United Kingdom

Investor stats

  • Total investments: 31
  • Round size: Seed $700k–$4M; Pre-Seed $120k–$2.2M; Series A $3M–$21M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Nurx — Get birth control, acne treatment, at home tests and more delivered to your door. Often free with insurance, or starting at affordable out-of-pocket prices.
  • ezhome — At ezhome we've transformed the ease with which customers care for their gardens with our subscription based lawn care service. We believe in providing homeowners with clear pricing, continuous communication, on demand availability, and amazing service and support.
  • TinyRx — TinyRx was an on-demand prescription delivery service operating in the Bay Area. It shut down in May 2016.
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John Tsioris
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in Greece Hardware startups

John Tsioris is based out of Dubai and is the Founder and CEO of Re18. John previously worked at InstaShop as a Founder and CEO. John Tsioris attended the Technical University of Crete.

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Investment focus

  • Industry: Information Technology, Travel, Farming
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Greece, Estonia, United Arab Emirates

Investor stats

  • Total investments: 6
  • Round size: Seed $156k–$2.6M; Pre-Seed $169k–$2.2M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Relik — Relik is a UAE-based authentication platform that uses AI, visual recognition, and blockchain-backed verification to authenticate collectibles, luxury goods, artwork, and cultural assets. The platform creates tamper-resistant digital identities for physical items without using chips, tags, or holograms, enabling users to verify authenticity throughsmartphone-based object recognition and digital certification.
  • Butler.gr
  • Neurohive — Neurohive builds precision livestock farming software for sheep and goat farmers. Digital Farmer helps you make data-driven decisions, improve animal welfare, and grow sustainably.
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Runa Capital
VC Fund · Palo Alto, California, United States · 1 investments in Greece Hardware startups

Runa Capital is a global venture capital firm built by serial entrepreneurs that invests in early-stage software startups around the world...

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: United States, Germany, France

Investor stats

  • Total investments: 152
  • Round size: Seed $1.1M–$10M; Series A $1.5M–$15M; Series B $2.5M–$20M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $69M in 2020

Portfolio highlights

  • Spectrm — charles is the Conversational Marketing AI and CRM platform for brands to attract, convert, and retain customers via AI agents and marketing automations.
  • Axiom Trust — Axiom Trust is an AI-powered trust startup that modernises professional trust administration during the "Great Wealth Transfer" of over $100 trillion in assets.
  • Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
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Edvard Engesæth
Angel · Oslo, Oslo, Norway · 1 investments in Greece Hardware startups

Edvard Engesæth is the Co-Founder at Nurx and a Venture Partner at Sondo Capital.

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Investment focus

  • Industry: Health Care, Developer Platform, B2B
  • Stage:Pre-Seed, Series A, Seed
  • Geography: United States, Greece, Norway

Investor stats

  • Total investments: 8
  • Round size: Seed $2.4M–$3M; Pre-Seed $1.1M–$2.2M; Series A $9.3M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Medallion — Provider credentialing and enrollment reimagined. Accelerate time-to-revenue, stay compliant, and scale provider operations, without adding headcount, through automated credentialing and enrollment.
  • Breyta — Gather all your qualitative data and our AI assistant transcribes, analyses and delivers you accurate product insights and patterns at scale in seconds.
  • Journey Clinical — Journey Clinical is a platform that provides services to member psychotherapy practices that are independently owned and operated, and in no way owns, directs, or controls the mental healthcare clinicians providing care.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 1 investments in Greece Hardware startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Energy
  • Stage:Debt Financing, Post-IPO Debt, Private Equity
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 472
  • Round size: Post-IPO Debt $17M–$320M; Debt Financing $5M–$211M; Private Equity $11M–$100M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • İşbank — İşbank is a Turkish commercial banking service provider.
  • Mlinar — Mlinar is the bakery retail and wholesale business in Croatia and operates the largest bakery retail network in South East Europe.
  • National Bank of Greece — The term i-bank adopted in April 2009 as a single name for all electronic service networks of the National Bank (Internet, Phone & Mobile Banking, ATM and Automated Payment -APS).Through the site of i-bank participate in contests with great prizes , learn the latest news from the world of technology , innovation and entrepreneurship and youthinformed about events in the i-bank store and the latest developments of the Contest «i -bank Innovation & Technology " .
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Dimitrios Kourtesis
Angel · Thessaloníki, Thessaloniki, Greece · 1 investments in Greece Hardware startups

Dimitrios Kourtsis is the External Expert (Technical Consultant), Joint Research Centre at European Commission. Attended The University of Sheffield.

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Investment focus

  • Industry: Video, Software, Marketing
  • Stage:Seed, Pre-Seed
  • Geography: Greece

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Loceye — Loceye is a biometric eye tracking platform, which enables your team to design with confidence, optimize digital assets like website content, images, emails, ad creatives, videos, and more to help you achieve the highest visual and emotional impact.
  • Goodvidio — Goodvidio is a software service that turns the power of product videos into a conversion optimization tool. It helps ecommerce stores optimize their product pages for conversions by adding curated product videos from social media, to engage shoppers and drive purchases.
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Velocity Partners
VC Fund · Athens, Attiki, Greece · 1 investments in Greece Hardware startups

Our mission is to fuel Greek entrepreneurs around the globe build world-class technology companies

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Investment focus

  • Industry: Software, Health Care, Real Estate
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Greece, United Kingdom, United States

Investor stats

  • Total investments: 34
  • Round size: Seed $767k–$3.8M; Pre-Seed $220k–$2M; Series A $5.5M–$59M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • iCOMAT — Transformational lightweighting solutions. We design and produce the world's lightest structures for the aerospace and automotive.
  • Hosthub — Helping vacation rental owners & managers double their revenue and avoid double bookings
  • Anodyne Nanotech — Preclinical-stage biotech company developing differentiated, transdermal forms of high-value drugs.
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Eleven Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investments in Greece Hardware startups

We empower local heroes to build global success. Eleven is an early-stage VC investing in technology companies in Southeast Europe.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: Bulgaria, United States, United Kingdom

Investor stats

  • Total investments: 149
  • Round size: Seed $27k–$2.7M; Pre-Seed $219k–$1.1M; Convertible Note $27k–$121k
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $68M in 2022

Portfolio highlights

  • Flataway.ai — Flataway - the home of subscription living. Live & work from anywhere in a trusted proffessionally managed accomodation.
  • nFuse.ai — nFuse scales your B2B sales with AI. Up to 30% revenue uplift, $1 per order processing cost, live in 30 days. No new apps, no behavior change.
  • Blue Longevity — Blue Longevity is a supplier of longevity medicine that offers evidence-based, individualized, and integrated approaches to improve longevity and encourage good aging. It uses digital coaching in conjunction with state-of-the-art diagnostics, lifestyle medicine, and regenerative therapies to develop customized workout, stress-reduction, and dietplans.
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Serban Enache
Angel · Bucharest, Bucuresti, Romania · 1 investments in Greece Hardware startups

Serban Enache is the Owner and CEO at Dreamstime. .

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Investment focus

  • Industry: Software, Marketplace, Computer Vision
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Romania, Greece

Investor stats

  • Total investments: 12
  • Round size: Seed $469k–$3.5M; Pre-Seed $327k–$1M; Series A $7M–$25M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Voxa — Storis is the first audiobook and e-book application in Romanian.
  • Pandas — We are Green Panda and our mission is to give consumers the most value out of their smartphone with zero hassle, by empowering them to sell/trade it in the fastest, safest, and easiest way possible. 1Bn (with a B!) smartphones stop being used, every year after you upgrade to the latest and greatest. But there is a solution as simple astrading them in and getting paid while participating in the circular economy. So, why aren’t people selling their old phones, we wondered? This is where Green Panda comes in. Inspired by humans and powered by tech, we make sure that the frustrating experience of selling your smartphone is now as quick and easy as using a kiosk near you. Our patented A.I. technology in the Green Panda kiosks allows us to evaluate a smartphone’s condition, from the smallest nick to serious technical issues, with unprecedented accuracy. Oh, and we pay users on the spot, straight to their bank account/credit card.
  • Blindspot — 3 million digital billboards on one map. Book by the hour, pay per play, or let Blinky, our AI media planner, build the campaign in minutes.
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EIT Urban Mobility
VC Fund · Barcelona, Catalonia, Spain · 1 investments in Greece Hardware startups

EIT Urban Mobility is an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union. Europe’s leading community for impact-driven start-ups and scale-ups in urban mobilityWe want to move cities toward a more sustainable future by partnering up with start-ups and scale-ups like yours. Our Impact Venturesdivision gives you access to funding and support channels to deliver financial, environmental and social impact on the urban landscapes around us. Our tools are: Funding through grants and equity investments, Knowledge and training through partner-led programmes, networking and introductions through dedicated support to our equity portfolio companiesOur investments provide you with a boost on your growth journey, and our network connects you with the right stakeholders in the public policy sector — on a regional, national and European-wide scale — to put your company on the map and bring your urban mobility services to the people who need it the most.If you’re like us and have a drive to shape the cities of our future, join our community of engaged and esteemed impactful ventures by applying for one of the many different programs we offer.

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Investment focus

  • Industry: Software, Transportation, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Spain, Sweden, France

Investor stats

  • Total investments: 56
  • Lead/follow: no public data

Portfolio highlights

  • Smart Point — We are entering the age of convenience and immediacy. A Smart Point automates the reception of any product you shop online, and any service available in your city, from pharmaceuticals, to flowers and dry cleaning. All delivered in 1 hour and available to pick up at your convenience.
  • Parabol — As Parabol, we use our innovative power for smart mobility systems and traffic safety all over the world.
  • Fastlane — Discover seamless logistics control with our cutting-edge transport management software. Streamline operations, optimize routes, and enhance efficiency effortlessly. Try our solution for comprehensive control today!
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Pymwymic
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Greece Hardware startups

Invest in the food and agriculture sector. Pymwymic has a pioneering role in impact investing with a focus on restoring broken systems

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Investment focus

  • Industry: Agriculture, AgTech, Software
  • Stage:Series A, Series B
  • Geography: The Netherlands, United Kingdom, France

Investor stats

  • Total investments: 36
  • Round size: Series A $3M–$15M; Series B $8.8M–$34M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Seqana — Seqana provides the scientific foundation for measuring soil health with a focus on soil organic carbon (SOC). Our advanced, satellite-based solutions help clients navigate evolving standards and measure their SOC sequestration. We work with teams at every step of their journey to build scientifically robust MRV at scale, improving the resilience of soils globally.
  • Stenon — Stenon is a laboratory independent real-time soil analyst that offers solutions for agriculture.
  • BiocSol — BiocSol focus on sustainable microbial-based crop protection.
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Claure Group
VC Fund · 1 investments in Greece Hardware startups

Claure Group

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Investment focus

  • Industry: Information Technology, Energy, Renewable Energy
  • Stage:Series A, Private Equity, Seed
  • Geography: United States, Greece, Belgium

Investor stats

  • Total investments: 9
  • Round size: Series A $7M–$22M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Form Energy — Form Energy is an American company driving innovation in energy manufacturing and technology to ensure a clean, secure, and reliable electric grid.
  • K Health — We pair clinicians with advanced AI to provide data-driven, personalized care around the clock. Chat with your medical team today.
  • Brightstar Capital Partners — Brightstar Capital Partners is a private equity firm focused on investing in closely-held companies.
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George Perlegos
Angel · 1 investments in Greece Hardware startups

George is one of the fathers of semiconductor non-volatile memories, a keystone of today’s electronic products. He was the co-inventor of the first N-channel EPROM, the Intel 2708 EPROM and later created the 5v 2716 EPROM. He subsequently made major development contributions to the first EEPROMs, including the 2816, and Flash memories. In additionto these major technical contributions, George was a co-founder of three successful semiconductor companies: SEEQ Technologies in 1981, Chips and Technology in 1983, and Atmel Corporation in 1984. In addition to major product developments, these companies pioneered the fab-less semiconductor business model. George worked at AMI American Micro systems from 1972 to 1974 and Intel Corporation starting in 1974 where for 8 years he worked as a device, process, Circuit Design Engineer and project manager. He worked at SEEQ Technology from 1981 to 1983 as VP of Engineering and Atmel Corporation from 1984 to 2006 as its Chairman, President and CEO. George Perlegos received his BSEE from San Jose State University in 1972, received his MSEE in 1974 from Stanford University and continued graduate studies at Stanford until 1978. He is also a member of IEEE since 1972.

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Investment focus

  • Industry: Education, Search Engine, Semantic Search
  • Stage:Seed, Angel
  • Geography: United States

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Econais — Econais WiSmart WiFi Software & Modules. Ultra Low Power. Embedded. Miniature. Enterprise, WiFi Direct, DLNA, Airplay, UPNP, SDIO, Serial2WiFi, IoT, IIoT, M2M.
  • Choosito — Choosito! search and learn optimizes learning with personalized search. We analyze human language to identify quality resources that match the student's comprehension ability for any subject. Choosito! is transforming the web into a revolutionary learning tool.see less
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Argyris Kaninis
Angel · Athens, Attiki, Greece · 1 investments in Greece Hardware startups

Argyris Kaninis is the Chief Operating Officer of Softomotive. He has over 20 years of experience in the field of in IT and Telecommunications and has amassed a great deal of experience in leading Enterprise Software companies. He is a results-oriented, self-driven, and highly motivated executive with a successful track record in growing businessand exceeding business objectives. His experience includes worldwide business expansion through building high performing sales teams, establishing strategic alliances and building solid partner networks. He received his ΜSc in Information Systems Engineering from the University of Manchester.

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Investment focus

  • Industry: Real Estate
  • Stage:Seed
  • Geography: Greece

Investor stats

  • Total investments: 2
  • Round size: Seed $1.1M–$2.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Protio — Protio is proptech startup reinventing the process of buying & selling real estate.
  • Terra Robotics — Cut agricultural labor costs and maximize yield. Our Greek-built AI laser weeder eliminates 92% of weeds with automated 0.45 ha/h coverage-engineered at a lightweight 1050kg to protect your soil.
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Leon Yohai
Angel · Athens, Attiki, Greece · 1 investments in Greece Hardware startups

Leon Yohai is the Founder of ZuluTrade.

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Investment focus

  • Industry: Logistics, Classifieds, Real Estate
  • Stage:Seed, Pre-Seed
  • Geography: Greece

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • KYON — KYON is the first pet collar with embedded GPS technology and the only one with LED display that makes communication with your pet even easier.
  • Cookisto — Real food, real people. Cookisto is a community where you can find great food prepared by local cooks or post your own dishes!
  • MyRoomie — The product of MyRoomie is a secure and modern online platform that helps users find the perfect roommate or shared accommodation. It enables users to browse listings or post their own listing/profile and connect with potential roommates in their desired location. MyRoomie's target customers are individuals looking for affordable andcompatible living arrangements, including expats, students, young professionals, and anyone seeking a shared living experience.
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DST Global
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Greece Hardware startups

DST Global is an investment firm that focuses on late-stage ventures in the Internet sector. The firm has invested in several rapidly growing companies. Its offices are in Menlo Park, New York, London, Beijing, and Hong Kong. The firm was founded in 2009 by Yuri Milner, Saurabh Gupta, John Lindfors, Rahul Mehta, and Tom Stafford.

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Investment focus

  • Industry: FinTech, E-Commerce, Financial Services
  • Stage:Series B, Series C, Series A
  • Geography: United States, China, India

Investor stats

  • Total investments: 318
  • Round size: Series A $10M–$76M; Series B $21M–$180M; Series C $52M–$450M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • ofo — Ofo is a “station-free” bike-sharing platform operated via an online mobile application. It is committed to providing the best short distance transportation solution, solving the “last mile” transportation problem by turning the last mile into a green, low-emission trip. To date, ofo has connected more than 10 million bikes to over 200 millionusers in more than 20 countries: Australia, Austria, China, Czech Republic, France, Germany, Hungary, India, Israel, Italy, Japan, Kazakhstan, Malaysia, Portugal, Russia, Singapore, Spain, Thailand, the Netherlands, the UK, and the US. The platform generates more than 32 million daily transactions and has provided global users in 250+ cities with over 6 billion efficient, convenient, green rides.The ofo platform is easy to use. After downloading the ofo mobile phone app (iOS/Android), users may scan the QR code or enter the plate number displayed on each bike to receive a passcode and unlock it. Its bike-sharing system requires no docking stations, providing significant flexibility for users to find and return bikes anywhere, anytime. Once they reach their destination, the user may park the bike anywhere that is legitimate, convenient, and easy for the next user to access. But ofo does more than help commuters and travelers access bikes for getting around their cities. As a partner of the UN Development Programme, they are focused on achieving Global Sustainability Goals and promoting green and healthy living, and they have also launched a partnership with Rihanna's Clara Lionel Foundation to provide bikes and scholarships for schoolgirls in Malawi.
  • Flexport — Cut costs, automate workflows, reliably move goods, go carbon-neutral, and improve your supply chain from end to end. It all starts here.
  • Market Kurly — Love Food, Love Life.
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Christos Makiyama
Angel · 1 investments in Greece Hardware startups

Christos is the President of Silicon Planet, a venture development firm he founded in February 2001. Silicon Planet's scope is to work with technology innovators and support to identify and evaluate market opportunities and develop a sustainable and high-value business model around their technologies.During the last 20 years, Christos hasengaged and supported the venture development initiatives of various corporations such as NTT, Oki Electric, Paltek, ImageOne as well many technology startups with innovative technologies in the areas of networking and communication, semiconductors, video communications, computer vision, IoT and AI.In 2004, he joined Helic, a startup company that had developed innovative electromagnetic analysis solutions and IP for wireless and high-speed communication ICs design. Christos led the company's Japanese market development activities and, until February 2019, had closed many high-value business deals with companies in semiconductors design such as SONY, Fujitsu, Toshiba, Panasonic, SHARP, AKM, Samsung, Denso, and many others. In 2008, Christos also helped to secure a strategic investment from Fujitsu and Magma Design. Ansys, the world market leader in engineering simulation solutions, acquired Helic in February 2019. Christos had been an angel investor and Director of the Board of Think Silicon, based in Patra, Greece. Christos's journey with the company started in late 2014. He actively involved in various aspects of the strategy and business development for its innovative ultra-low power GPU and Display controller technology. Applied Materials, the world leader in the semiconductor and display engineering solutions, acquired Think Silicon in April 2020.Christos is an investor in Fieldscale and since May 2020 act as the Chief Innovation Officer, leading its business strategy and product development.Christos is a co-founder of Loctio, an IoT related technology company, and is on the advisory board of InAccel. He is a mentor with Reload Greece, a UK based non-profit organization, which aims to educate and support young entrepreneurs.

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Investment focus

  • Industry: Semiconductor, Computer Vision, Internet of Things
  • Stage:Seed
  • Geography: Greece

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Think Silicon — Think Silicon offers a range of graphics IP semiconductor modules and display processors for the Internet of Things, wearable, and broader display devices markets.The company also offers drivers and API software, SDKs including easy-to-use GUI design tools, evaluation and development kits, FPGA-based implementations, and more.Think Silicon wasfounded in 2007 and is based in Patras Science Park, Greece.
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Hardware Investor funding in Greece at a glance

Stats across 66 deals from 55 investors.

55
investors
in Greece Hardware startups
66
deals
in Greece Hardware startups
$1M
median round
in Greece Hardware startups
44%
lead investors
lead at least one round
35%
Seed
most common funding stage
80/20
VC / Angel
share of investor count

Access all 55 investors in Greece Hardware startups.

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