- CircuitHub has raised $28 million in a round led by Plural to expand automated electronics factories across Europe and the US
- The company has already delivered more than 2 million circuit boards and serves 20,000 engineers working on technologies, including satellites and self-driving cars
- Its automated manufacturing platform cuts electronics production timelines from months to days, targeting a trillion-dollar manufacturing market
CircuitHub has announced new funding to accelerate a new era of electronics production. The company’s latest funding injection stands as a $28 million Series A round. The investment was spearheaded by Plural, an operator-led venture capital firm founded by an experienced team of European tech heavyweights, including Taavet Hinrikus, Sten Tamkivi, Ian Hogarth, and Khaled Helioui.
Founded by Andrew Seddon, Rehno Lindeque, and Jon Friedman in 2011, CircuitHub is building what it calls the world’s first hyper-scale, high-mix electronics manufacturing system. While its first production facility was launched in Massachusetts to stay close to domestic customers, the company’s research and development roots are in Cambridge, UK, with a growing team in London and plans for a wider European manufacturing footprint.
The startup aims to solve one of hardware’s most notorious pain points: slow, fragmented, and labor-heavy production. Engineers can upload design files through CircuitHub’s online platform, configure orders instantly, and receive production-ready printed circuit boards (PCBs) in days rather than months.
“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,” notes CEO Andrew Seddon.
At the center of its model is the “Grid” a 5,000-square-foot automated factory module that combines robotics, computer vision systems, and proprietary software-driven manufacturing. The system can produce anything from a single prototype to batches of 10,000 units simultaneously across multiple designs. This makes small-batch manufacturing commercially viable in an industry still historically built for rigid mass production.
CircuitHub is entering a rapidly expanding Electronics Manufacturing Services (EMS) market. According to CircuitHub, approximately 95% of electronics projects involve fewer than 10,000 units. Despite this reality, most traditional legacy factories remain heavily optimised for large-scale, overseas mass production, particularly in China. CircuitHub’s local, automated approach positions it effectively against legacy players struggling with rising labour costs, supply chain delays, and mounting geopolitical risks.
The company is positioning itself as a nimble alternative to global electronics manufacturing giants like Jabil, Flex, and Foxconn, which excel at mass production but lack agility for quick-turn jobs. In the automated, low-volume software-to-hardware niche, CircuitHub competes actively with platforms like MacroFab.
While older category peers like Tempo Automation pioneered the automated PCB space, that platform was acquired in late 2022 and has since struggled significantly, eventually delisting to trade as an OTC penny stock, reducing its footprint as an active market competitor.
This leaves a major opening for CircuitHub to capture the modern agile manufacturing market. Since its launch, CircuitHub has delivered over 2 million boards and placed more than 133 million parts for 20,000 engineers. The company now plans to aggressively scale its modular factory model across Europe and North America, deploying critical manufacturing capacity exactly where the engineers need it.
“CircuitHub is transforming the economics of electronics manufacturing. As robotics, AI and advanced hardware grow, its mix of automation, software and data is making production as fast and flexible as writing code. It also strengthens Europe and the US’ ability to build critical technologies locally, creating major opportunities across robotics, space, energy and defence,” noted Sten Tamkivi, partner at Plural.
The fresh capital will help the company expand its automated factories across Europe and the US, grow its engineering team, and extend its platform into full-service electronics manufacturing.
