Startups are projected to grow if the team of founders are assiduous with marketing their products and services. Usually, it takes anywhere between 3 and 5 years to determine the lifespan of a startup – hence, the reason why most startups pack up within this period.
Hardware startups are the rave of the moment, thanks to the increasing demands in computer-related products. In this article, we reveal some of the leading startups that are set to make some impressive moves in the global hardware market.
What is a Hardware Startup?
A hardware startup is a new business that is poised to offer hardware-related services. It is also a techn1. ology company that is focused on the following areas:
- The delivery of its services in the form of physical electronic devices.
- The creation of software solutions to enhance the performance of the hardware-related products.
- Creation of unique and laser-focused products and services designed to serve the needs of a targeted market.
A startup typically gains traction if it offers relatively new products, especially if they could explore creative angles to the promotion. In the hardware market, startups have moved from the conventional design and manufacturing of physical parts and have moved on to offer a plethora of other solutions.
The List of Hardware Startups
Examples of hardware startups are goTenna, Smart Eye and MacroFab. Read this section to the end to find out other top hardware startups to watch out for.
1. IQM
This startup prefers to be referred to as “the European leader in quantum computers.” IQM is committed to changing the face of the quantum computing market and making it holistic. This is based on the startup’s resolve to provide quantum computing solutions across different industries, such as supercomputing centers and research laboratories.
Quantum Computing for Europe
The team started the startup based on the decades of research from the Quantum Computing and Devices (QCD) laboratory.
IQM’s goal is to become a leader in the European quantum computing marketing – a goal it is already working towards by assembling a team of industrial experts from Europe.
On-Premises Quantum Computer
This is one of the startup’s products, designed for the national laboratories and research institutions.
It has the following attributes:
- Fitted with the required hardware, which is also built around the GPU.
- The hardware comes with enabled technology leveraged for cryogenic conditioning of both the GPU and the electronics needed for the system’s operation.
2. Withings
Everyone deserves access to good health, but it can be expensive. Going for routine checkups requires consistency and this also comes with additional costs. This is why Withings has thrown the hat into the ring to provide sustainable health solutions to the teeming population in the world.
As a healthcare startup, Withings has a single goal – “believing in a world where everyone can see their path to better health, and feel supported to pursue it.”
It is this vision that drives the startup’s heavy investments in the production of a variety of healthcare products, ranging from BP Monitors, smart watches and wristbands.
The Withings Products
Withings create technology that chart a better course for the customers to have access to better health. The solutions in this regard include:
ScanWatch
This is one of the startup’s digital health and wellness smart devices. The ScanWatch is designed to be a hybrid smartwatch that makes it simpler to monitor one’s health. For example, you could use it for a wide range of purposes, including activity tracking, heart health monitoring, sleep analysis and breathing disturbances tracking.
As an advanced health wearable, ScanWatch is what you need to be up-to-date with your health.
Steel HR
This is a clinically-tested hybrid smartwatch with up to 25 days of batter life. It can be used for a near-holistic health monitoring, such as automated sleep monitoring, heart rate monitoring and sports monitoring.
Withings Plus
Withings+ is an advanced, health improvement services, designed to gather and track health-related data. It helps in the following ways:
- Helping you build long-term, and sustainable health habits.
- A complete health assessment.
- Provision of exclusive health content, such as educational articles, recipes and workouts.
3. CorWave
This is another hardware startup to watch out for. CorWave is in the business of developing innovative heart pumps. The mission is to “provide solutions to healthcare professionals to save heart failure patients and offer them an active life.”
Underlying Technology
CorWave has developed two patent technologies – CorWave LAD and Nemo. By utilizing the wave membrane technology, the CorWave LAD solution offers the following:
- Recreating the (systole) ejection and diastole (filling) phases. This is done without necessarily exposing the blood to similar damages triggered by the use of the commercially-available rotary pump LVADs.
- Preservation of high-fidelity pulsatility.
- Blood flow restoration.
The CorWave LAD is also designed to provide advanced heart failure solutions via the delivery of an average flow rate of 5 to 6L/min.
The Nemo patent technology is optimized to be an implantable and minimally-invasive cardiac pump. It is designed for the following purposes:
- Provision of chronic and partial support for patients who are ineligible for LVADs.
- It is also used to support the heart failure patients who are not currently undergoing treatments.
4. C12
C12 is a “spin-off from the Physics Laboratory of the Ecole Normale Supérieure in Paris.” It is now poised to power the laboratory’s promising quantum technology, hence, the dedication to “leading the next materials leap in quantum computing.”
Working Processes
The effectiveness of C12’s approach is in the powering the next revolution in computer via the reimagination of quantum hardware development.
Here is how it works:
Qubit Operation
This involves the combination of spins and the C12 hybrid quantum architecture to create high-frequency microwave components and long coherence times. These two aid faster operations in quantum computing.
Ultracapture Carbon Nanotube Growth
This entails the growing of isotopically-pure carbon nanotubes. The nanotubes are designed to contain the 12C isotope of carbon, which helps to suppress unwanted noise from nuclear-electron spin coupling.
Nano-Assembly Process
This entails the use of C12’s patented nano-assembly technology to form quantum circuits via the integration of ultra-pure nanotubes into silicon chips.
5. Acurable
Acurable specializes in wearable medical device development. These devices are designed to make an accurate diagnose of respiratory conditions and to recommend helpful ways to manage the situation.
The startup has developed quite a number of products to fast-track respiratory conditions’ management.
Among the products are AcuPebble RE100. It is a wearable device designed to provide the following solutions:
- A continuous monitoring of breathing and cardiac biosignals for research.
- Remote measurement of cardiac and breathing signals.
- Usage of clinically-verified physiological biomarkers and parameters.
The AcuPebble SA100 is an FDA-cleared wearable device for home sleep apnea testing. It is a non-evasive device that also in automating the detection of OSA.
6. Kinexon
Kinexon is a hardware startup, specializing in the provision of real-time location intelligence for the Internet of Things (IoTs).
The core functionality of the hardware services is powered by the UWB Technology. It is an Ultra-Wideband (UWB) technology that supports the integration of UWB sensors into the consumer electronics. This is also why the range of Kinexon solutions are compatible with Apple watches and Samsung smartphones.
As a localized approach to location intelligence, the UWB technology helps in these ways:
- Low-power consumption
- Providing radio-based communication technology for the fast and stabilized transmission of data.
- It is used to enabling indoor location intelligence gathering for the movement of assets in both the space-constrained and complex environments.
- Parallel operation with other technologies.
- Large bandwidth and;
- Improved security against interception and interferences.
7. Wallbox
Wallbox is a hardware startup specializing in the development and production of intelligent energy solutions, especially for the Electric Vehicle (EV) market.
Established in 2015, the startup now has a presence of its products in over 80 countries and has office locations in 9 countries.
One of the outstanding products is the public charging stations; an example being the Supernova EV charger. Capable of charging up to 150 kilowatts, Supernova also has a light and modular design that makes public charging of Electric Vehicles (EVs) easier.
Hypernova is another public EV charging solution, capable of charging up to 400 kilowatts. When it is released to the public in 2024, it will bring succor to American EV owners who cannot deal with the current deficiencies in public EV chargers.
Other hardware solutions offered by Wallbox are:
- Pulsar Plus 48A: this is a compact EV charger that charge any electric-powered car. The features include voice control, adjustable charging capacity and smart performance – via the use of Bluetooth and Wi-Fi connections to control and monitor the charger.
- Quasar 2: this is a bidirectional, Direct Current (DC) EV charger. With a compact and versatile design, it allows for easy installation and multiple usage. You could use it to power your electric cars, and power some home appliances in the event of power outage.
Wallbox also makes it EV charging hardware solutions for both individual and multi-usages. These chargers can now be used for the following:
- Dealerships
- Multi-unit dwellings and;
- Fleets
The business or multi-usage option also supports organized charging and power-sharing – supporting the charging of multiple Electric Vehicles (EVs) at once.
8. Flow Engineering
Flow Engineering is a startup founded by a group of engineers committed to delivering better solutions to the hardware market. They aim at “providing the same kind of tools that have revolutionized the software industry.” These solutions would make the development of complex engineering systems, such as autonomous vehicles, launch vehicles, and fusion generators easier.
Here are some of the solutions that will change the traditional engineering methods to a modernized one:
- Use the Flow Engineering’s Open API to make a seamless derivation of data across different platforms. Some of the supported tools are Github, Excel, Fusion 360, Jira and Ansys.
- Provision of advanced IT and compliance solutions. Examples are backup and recovery of customer data, enterprise-grade encryption (using RSA-2048 and AES-256 algorithms), and provision of dual deployment options (On-Premise Software and Compliant Cloud SaaS).
9. Novelda
Novelda is a hardware startup disrupting the sensor market with the unique offering of UWB sensing solutions. These solutions are powered by the Ultra-Wideband (UWB) short-impulse radar sensors and are optimized to provide an “accurate, reliable and intelligent sensor solution for human presence detection.”
UWB for Everyone and Everything
The Ultra-Wideband (UWB) sensing solutions are available for a wide range of users and applications. From consumer electronics to automating home appliances and building automation – these solutions are usable across different industries.
The Novelda UWB Occupancy Sensor
This is a dedicated sensor for monitoring and reporting even the tiniest of human motions. The Novelda UWB Occupancy Sensor has the following capabilities:
- Automates the turning off of the lights.
- Range configuration.
- Simple integration, thanks to the hardware’s direct placement on LED circuit boards and the suitability for the pick-and-place engineering processes.
10. ICEYE
ICEYE is the “choice for persistent monitoring.” Established in 2012, the startup has consistently invested in the development of technology for an all-around monitoring of the earth.
It operates a synthetic-aperture radar satellite constellation, which has been designed to provide robust monitoring capabilities around the earth.
For context, ICEYE takes a pride in offering persistent monitoring via the unlocking of relevant pieces of data through the clouds and at different times in the day.
Access is also offered to the SAR images of the earth – and this data is provided every few hours in the day.
ICEYE also developed a full range of products and solutions designed to collectively tackle the issues of access, reliability and timeliness, associated with observing data around the earth.
The solutions include:
- Flood briefing
- Wildfire monitoring
- Natural Catastrophe (NATCAT) monitoring and;
- Flood monitoring.
Conclusion
Hardware startups have a major role to play in the futured growth of our industries. By offering modernized solutions to these industries, they provide real-time resolutions to some of the persistent issues.
The best hardware startups have unique product and service offerings, have excellent marketing strategies for promotion – and of course, raise adequate funding to make the solutions accessible to the target market.
