Hive Raises $15M Pre-Series A

Hive, a Physical AI startup based in Kristiansand, Norway, has secured $15 million in a pre-Series A funding round. The company specializes in developing a silicon brain designed to operate and retrofit existing industrial machinery, such as forklifts, wheel loaders, and excavators, with advanced neural networks that function like human operators.

Investors

The funding round was led by SuperSeed, a London-based venture capital firm focused on Physical AI. Additional participating investors included Veriten, Skyfall, and Nysnø, as well as angel investors Børge Hald and Jørn Lyse Jørn Lyseggen.

Hive Use of Funds

Hive plans to use the capital to increase its technical staff headcount and to fuel its strategic expansion from Europe into the United States market.

About Hive

Founded in 2020 by Christoffer Jørgenvåg, Hive is a Physical AI company that builds trainable software designed to serve as a universal brain for industrial equipment. The company's mission is to move beyond traditional automation by creating intelligent, adaptable systems that improve in value and capability over time through real-world operation.

Funding Details

Company Website: https://hiveautonomy.com

Company: Hive
Raised: $15M
Round: Pre-Series A
Funding Date: July 7, 2026
Lead Investor: SuperSeed
Additional Investors: Veriten, Skyfall, Nysnø, Børge Hald, Jørn Lyseggen
Software Category: AI/Robotics
Source: https://techfundingnews.com/hive-raises-15m-silicon-brain-industrial-machines/