Typical Series A round size for hardware / robotics startups in the US
Based on 41 Form D filings by United States hardware / robotics issuers at Series A stage, filed Oct 2024 – Oct 2026. Updated monthly. Change any segment to compare.
The numbers
- Median Series A raise: $6.6M
- Middle half of rounds: $3.5M – $12M
- Filings in sample: 41
- Rounds under $1M: 10%
- Rounds over $5M: 63%
- Updated Oct 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.