CircuitHub Raises $28M to Expand PCB Manufacturing

CircuitHub has secured $28 million in Series A funding to accelerate expansion of its automated electronics manufacturing platform across the United States and Europe. The round was led by Plurala, a London-based operator-led venture capital firm whose founding partners—Taavet Hinrikus, Sten Tamkivi, Ian Hogarth, and Khaled Helioui—are veterans of European technology scaling. This Series A, combined with prior capital raises, brings CircuitHub's total funding to $48 million.

The company addresses a structural inefficiency in global electronics manufacturing. Industry data indicates that approximately 95% of electronics projects involve orders below 10,000 units, yet traditional Electronic Manufacturing Services (EMS) providers remain heavily optimized for rigid, high-volume mass production. For hardware developers seeking small-to-mid-batch manufacturing, the Western supply chain delivers slow manual quoting, labor-intensive assembly processes, and iteration cycles extending several months. The alternative—offshore manufacturing in concentrated Asian hubs—has become increasingly vulnerable to geopolitical volatility and maritime transportation delays, a critical weakness exposed by recent supply chain disruptions.

Founded by Andrew Seddon, Rehno Lindeque, and Jon Friedman, CircuitHub treats hardware manufacturing as a cloud utility, employing software-defined factory automation and AI-driven production to compress lead times from months to days. The capital injection will fund expansion of modular manufacturing capacity, growth of cross-Atlantic engineering talent, and platform extensions toward a full-service electronics manufacturing ecosystem. By establishing automated production facilities in Western markets, CircuitHub creates supply chain resilience for customers while capturing demand from the massive underserved small-to-mid-batch segment.

The funding reflects investor recognition that PCBs remain foundational infrastructure across consumer electronics, aerospace, automotive, and industrial applications, yet legacy manufacturing economics persistently penalize innovation cycles. Plurala's participation suggests conviction that operator-led capital and founder networks are essential to scaling hardware-as-a-service models capable of competing with entrenched offshore providers while mitigating geopolitical risk for institutional customers.