Robert Bosch Venture Capital leads $32m second round for open-source company Arduino

Arduino plans to expand its portfolio of hardware, software, connectivity and developer tools.

  • Other participants include Renesas, Anzu Partners and Arm
  • Arduino provides a platform to 30 million users who use it making interactive projects
  • Company was founded in 2005 by Massimo Banzi, David Cuartielles, Tom Igoe and David Mellis

Arduino, open-source hardware and software company, said it raised $32 million in series B funding. The round was led by Robert Bosch Venture Capital with participation from Renesas, Anzu Partners and Arm.

The company, which is co-located in Boston and Lugano, Switzerland, designs, manufactures and supports open-source electronic devices and software for a community of about 30 million users, according to a press release.

Funding from the latest round will be used to expand Arduino’s offering in areas of low-code cloud services, intelligent edge design, new AI capabilities and enhancing prototype-to-production capabilities by expanding its existing Systems Integrators Partner Program.