Hardware & SemiconductorsRobotics & AutomationAIBiotech & Life SciencesClimate & EnergyDefense & Space
HCVC (formerly known as Hardware Club) is a community-based early-stage venture capital firm backing hardtech and deep tech founders across Europe and North America. Founded in 2015 and headquartered in Paris, the firm invests from pre-seed to Series A in sectors including robotics, AI, biotech, climate, and space.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 6 prior). Average disclosed round size is $22.8M (across 33 rounds with reported amounts).
Portfolio
34
Fund Size
$75M
Top Stage
Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
48 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Chiralnano | Seed | $12M | Feb 2026 |
 Karavela | Pre-Seed | — | Aug 2025 |
| KKaravela Ai | Pre-Seed | — | Aug 2025 |
 Kyron Bio | Seed | — | May 2025 |
 Chef Robotics | Series A | $43.1M | Mar 2025 |
 Alpine Eagle | Seed | $11.0M | Mar 2025 |
 Karman+ | Series B | $20M | Feb 2025 |
 Lendurai | Seed | — | Jan 2025 |
 Delian | Series A | $14M | Jan 2025 |
 Dyna Robotics | Seed | $23.5M | Jan 2025 |
| Karman+ | Seed | $20M | Jan 2025 |
| Dyna Robotics | Series A | $120M | Jan 2025 |
| Chef Robotics | Series A | $20.6M | Jan 2025 |
| KKaravela Ai | Pre-Seed | — | Jan 2025 |
 Atmio | Seed | $5.5M | Jun 2024 |
 Surge | Unknown | — | Mar 2024 |
| SSurge Care | Unknown | — | Mar 2024 |
| Chiralnano | Seed | — | Feb 2024 |
 Transmutex | Series A | — | Jan 2024 |
 Giraffe360 | Series B | $16M | Dec 2022 |
 Antaris: | Seed | $4.2M | Aug 2022 |
 Cowboy | Series C | $80M | Jan 2022 |
 Fuse | Pre-Seed | $70M | Jan 2022 |
 Anello | Series A | $28M | Oct 2021 |
 Gideon | Series A | $31M | Jun 2021 |
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Top Co-Investors
Kima Ventures5 shared
Y Combinator5 shared
Plug and Play Tech Center4 shared
Index Ventures4 shared
First Round Capital4 shared
MaC Venture Capital4 shared
Hummingbird Ventures3 shared
Rite-Hite3 shared
Koch Disruptive Technologies3 shared
Verve Ventures3 shared
Avataar Venture Partners3 shared
Gaingels3 shared
Interwoven Ventures3 shared
MFV Partners3 shared
Bloomberg Beta3 shared
Construct Venture3 shared
Daphni3 shared
First Momentum Ventures3 shared
Lanchi Ventures2 shared
Hoxton Ventures2 shared
Last updated: 7 October 2026