CircuitHub, a UK-based electronics manufacturer, has raised $28 million in Series B funding to accelerate its expansion across North America and Europe. The round was led by Plural, positioning the Cambridge-rooted company to scale its automated manufacturing operations and strengthen its engineering capabilities.
The company operates the Grid, a 5,000-square-foot automated factory that leverages robotics, computer vision, and artificial intelligence to manufacture circuit boards directly from design files within days—a significant reduction from the months traditionally required by conventional manufacturers.
Addressing Hardware Manufacturing Bottlenecks
CircuitHub’s platform addresses a fundamental challenge in the hardware industry. Andrew Seddon, Founder and CEO, articulated the company’s market positioning: “Today, hardware companies face a tough choice: either spin up their own vertically integrated manufacturing from scratch, or rely on a legacy Western supply chain that’s been decaying for years. CircuitHub is the alternative: providing remote access to a cutting-edge factory through your browser or your AI agent. Just as software companies share cloud compute, hardware companies can now share our Grid.”
The company has already achieved significant traction, having delivered over 2 million circuit boards to a user base of 20,000 engineers. This track record has positioned CircuitHub as the fastest-growing electronics manufacturer in the United States.
Strategic Expansion Plans
The fresh capital will be deployed across three primary objectives. First, the company plans to accelerate the expansion of its automated manufacturing facilities across both the United States and European markets. Second, it will invest in growing its engineering team to support platform development and operational scaling. Third, CircuitHub intends to extend its offering into full-service electronics manufacturing, broadening its capabilities beyond its current circuit board production focus.
European Deeptech Momentum
CircuitHub’s funding round reflects growing investor confidence in European deeptech ventures, particularly those addressing critical infrastructure gaps in manufacturing. The electronics manufacturing sector has attracted increased attention from venture capital firms seeking to rebuild Western production capabilities and reduce dependencies on geographically concentrated supply chains.
The company’s Cambridge base positions it within one of Europe’s leading technology ecosystems, while its London operations anchor it in the continent’s largest startup hub. This geographic distribution enables CircuitHub to serve both established technology clusters and emerging startup communities across the UK and broader European region.
As hardware companies increasingly seek alternatives to traditional manufacturing paradigms, CircuitHub’s technology-driven approach represents a broader trend within the European deeptech landscape—companies leveraging automation, artificial intelligence, and digital platforms to solve longstanding industrial challenges.