H

HIVE

Autonomous operation retrofit of industrial equipment

Overview

Hive Autonomy retrofits forklifts, excavators, wheel loaders and other industrial machines so they can operate autonomously or be controlled remotely. Its hardware-software stack includes a silicon-brain on the machine and a centralized control station that lets one operator supervise several machines, using sensors to plan routes and avoid obstacles. It differentiates itself by focusing on machine-agnostic retrofits rather than building new autonomous machines from scratch and by partnering with large industrial players to deploy pilots. Its goal is to scale deployments and continue product development to make autonomous and remote-controlled industrial work more common and reliable, supported by its 2026 funding round.

Significant Headcount Growth

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About HIVE

Simplify's Rating
Why HIVE is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Robotics & AutomationIndustrial & ManufacturingEnterprise SoftwareAI & Machine Learning

Company Size

11-50

Company Stage

Early VC

Total Funding

$15M

Headquarters

Kristiansand, Norway

Founded

2020

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Simplify's take

What believers are saying

  • November 2026 Yara deployment shows standard Volvo equipment running from a control room.
  • Hive says 68 open roles in October 2026 signal aggressive scaling capacity.
  • A European building-materials group reportedly committed to supervised autonomy across roughly 80 sites.

What critics are saying

  • Volvo Autonomous Solutions and Toyota Material Handling sell integrated autonomy, compressing Hive's differentiation.
  • US expansion after the July 2026 raise raises certification, safety, and execution failure risk.
  • If one serious incident occurs, industrial customers halt deployments and regulators freeze approvals.

What makes HIVE unique

  • Machine-agnostic silicon brain retrofits Volvo loaders, forklifts, excavators without fleet replacement.
  • HIVE supervises multiple machines from one station, cutting operator exposure in hazardous sites.
  • Live deployments with Yara, Veidekke, Presis Vegdrift, and a global 3PL validate reuse.

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Funding

Total Funding

$15M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Growth & Insights and Company News

6 month growth

13%

1 year growth

13%

2 year growth

20%
The SaaS News
Jul 8th, 2026
Hive raises $15M Pre-Series A.

Hive raises $15M Pre-Series A. Hive raises $15M in a pre-Series A round led by SuperSeed to expand its Physical AI industrial software platform into the US market. Updated July 08, 2026 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: 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/ Updated July 08, 2026

Sifted
Jul 8th, 2026
Hive raises $15m for ‘silicon brain’ that cuts hourly cost of running machines by 80%

Hive, a physical AI startup building a "silicon brain" to automate industrial machines, has raised a $15m pre-Series A round led by SuperSeed.

EU-Startups
Jul 7th, 2026
London-based HIVE raises €13.1 million to build "silicon brain” for industrial machines | EU-Startups

HIVE, a London-based physical AI company building the intelligence layer for industrial machines, today announced a €13.1 million ($15 million) pre-Series

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