HCVC

Venture Capital·Paris, France / San Francisco, USA·$125M across two funds; Fund I $50M (2018); Fund II $75M (2023)

Founded in 2018 by Alexis Houssou, Jerry Yang, and Aymerik Renard, HCVC (formerly Hardware Club) is an early stage venture capital firm investing in companies automating and digitising the physical world. The firm operates a dual model: a VC fund alongside a selective global community of 600+ hardtech startups (sub-7% acceptance rate) offering shared manufacturing, distribution, and supply chain resources through 200 partners including Foxconn and Amazon Launchpad. Fund I ($50M) backed 50 companies; Fund II ($75M, 2023) targets 40 investments. Notable LPs include John Elkann (Stellantis/Ferrari), Toto Wolff (Mercedes F1), and Albert Wenger (USV). Portfolio companies include Cowboy, Renaissance Fusion, Automata, and Span.

Focus Areas

RoboticsClimate TechSpaceBiotechHardwareManufacturingDefence

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1 company in our directory

Delian

Hiring

Defence Tech·Series A

Delian Alliance Industries is a Greek and UK-based defence technology company building autonomous systems for NATO and allied forces. Founded by former Apple robotics engineer Dimitrios Kottas, the company takes a vertically integrated approach, developing hardware, sensor fusion, autonomy software, and strike platforms under one roof. Its products include the Lambda Autonomous Surveillance Tower (LAST), which uses video and thermal feeds to detect and track surface targets without GPS, and a pipeline of concealed sea drones. Originally launched as Lambda Automata, the company rebranded and has deployed solar-powered surveillance towers along Greek borders for security and wildfire detection. Delian is headquartered in London with offices in Athens and is positioning itself as a European defence prime for the autonomous warfare era.