Typical seed round size for hardware / robotics startups in Bay Area
Based on 23 Form D filings by Bay Area hardware / robotics issuers at seed stage, filed Oct 2024 – Aug 2026. Updated monthly. Change any segment to compare.
The numbers
- Median seed raise: $3.2M
- Middle half of rounds: $1.7M – $5.7M
- Filings in sample: 23
- Rounds under $1M: 17%
- Rounds over $5M: 35%
- Updated Aug 2026
Read this number carefully
Form D undercounts small SAFE rounds and rounds that rely on other exemptions. Treat the median as a ceiling for "typical", not a target.