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Frontier tech hero

Hardware and Frontier Tech

We help deep tech and hard tech innovators break new ground in creating the future, now.

Industries we serve

Aerospace Aerospace
Consumer electronics Consumer electronics
Digital health Digital health
Immersive technology Immersive technology
Industrials Industrials
Robotics Robotics
Semiconductors Semiconductors
Transportation Transportation

A leader in hardware and frontier tech

44%

US frontier tech companies bank with First Citizens Innovation BankingD

2,120+

Frontier tech clientsD

$2B

Loan commitmentsD

Hundreds of partners at the edge of innovation

We support the leaders achieving our era's most significant technological advancements.

Built Robotics logo
Chef logo
Eliyan logo
Saildrone logo
Simbe logo
Spot.ai logo

*All non-SVB named companies listed are independent third parties and are not affiliated with Silicon Valley Bank, a division of First-Citizens Bank & Trust Company.

Noah Ready quote

Silicon Valley Bank is our partner. We trust them, and we rely on their expertise and advice for everything: banking, asset management, debt financing, corporate cards, and more. They have consistently demonstrated a thorough understanding of deep tech and robotics, and they’ve always been steady and reliable partners through all the ups and downs that come with building a company.

Noah Ready-Campbell

Founder & CEO at Built Robotics

Barak Ben-Gal quote

SVB has been our consistent and flexible partner from Saildrone’s very beginning. They understood our business and provided great solutions along each step of our growth journey, ranging from early-stage banking and credit services to late- stage treasury and venture debt lines. We are excited to continue to expand our successful relationship.

Barak Ben-Gal

CFO at Saildrone

Brad Bogolea quote

SVB has consistently delivered tailored banking solutions to the unique needs of the startup and venture capital community, proving to be a critical partner through prosperous and challenging times. Although the 2023 banking crisis was a stark shock for all of us, SVB's commitment to community post-acquisition never faltered. Their thoughtful and dedicated approach has been the cornerstone of their brand for over four decades. We're proud to continue our banking relationship with SVB, a true supporter of start-up innovation and growth.

Brad Bogolea

CEO at Simbe Robotics

Scott Griffin quote

The SVB team went above and beyond to ensure a seamless process and successful outcome that has positioned us for continued growth — even when our situation sometimes proved challenging, they guided us through every step and we truly appreciate it.

Scott Griffin

CFO & COO at Safetrust

Work with our dedicated hardware and frontier tech team

For the past 40 years, we've supported companies like yours with a relationship-first approach and tailored financial solutions to help you bring your ideas to life. Reach out to one of our experts for a one-on-one conversation.

Julian Nash

Julian Nash

Managing Director

Mei Chui

Mei Chui

Senior Market Manager

Banking solutions built for hardware and frontier tech innovators

From business checking to debt financing, we have financial solutions to meet your company’s unique needs.

Business checking

Banking services that grow with you so you can focus on what matters most.

Payments and business credit cards

Explore business cards and seamless payment solutions that scale as your business grows.D

Digital banking

Simple, secure and intuitive. Designed specifically for how innovators run their businesses rather than how banks operate.

Liquidity solutions

Build capital and fuel growth with cash management strategies that scale with your needs.

Venture debt and working capital

Custom financing for companies with capital-intensive needs and unique go-to-market timelines to deliver on your strategic objectives.D

Hardware-as-a-service lending

Finance infrastructure and hardware acquisition and capital expenditure with debt options that create a more stable and predictable revenue model.D

Global payments and foreign exchange

Enable cross-border payments and risk management with sector-specialization advisory teams to facilitate global payments and FX advisory.D

Seed lending

Seed and pre-seed companies with venture backing can apply for First Citizens Innovation Banking seed stage venture debt — a resource designed to help seed and pre-seed companies early in their development.D

Robotic arm on conveyor line
2026 REPORT

Hardware now commands nearly one-third of VC investment

In our first-of-its-kind market insights report on hardware and physical AI, we track the surge of venture capital into US hardware and the growing shift by global VCs toward physical technologies. 

We're here for you at every stage

With 40+ years of innovation experience, we have the products, services and deep knowledge that evolve with your business as you grow over the long term.

Pre-Seed and Seed

Early-stage startup banking 

Series A

Banking for accelerating startups

Series B, C+

Banking for venture-funded growth stage companies

Corporate Banking

For late-stage companies

Explore hardware and frontier tech insights

Read the latest news, insights and proprietary research to help as you work to accelerate your company’s growth.

Report
State of the Markets H1 2026

The latest edition of our definitive State of the Markets report uncovers the factors signaling a venture rebound. Barring a larger, macroeconomic recession or a deflation of the AI bubble, we expect growth to continue and metrics to improve through 2026. ​

Report
The Future of Frontier Tech

Our experts analyze the confluence of trends driving growth in the hardware-intensive frontier tech sector, with a spotlight on defense tech.

Report
State of the VC-Backed CFO

Our survey of 200+ CFOs from VC-backed companies reveals benchmarking trends and best practices among finance leaders in the innovation economy. ​

Case Study
Meeting climate challenges with ocean drones

Saildrone is the world leader in providing ocean data solutions with autonomous surface vehicles. Read the case study to learn more about this technology company and how SVB supported the company with tailored solutions at different stages of growth.

PitchBook Data, Inc. and SVB analysis, as of 6/30/2024.

All loans provided by First-Citizens Bank & Trust Company are subject to underwriting, credit, and collateral approval. Financing availability may vary by state. Restrictions may apply. All information contained herein is for informational purposes only and no guarantee is expressed or implied. Rates, terms, programs, and underwriting policies are subject to change without notice. This is not a commitment to lend. Terms and conditions apply. NMLSR ID 503941

Foreign exchange transactions can be highly risky, and losses may occur in short periods of time if there is an adverse movement of exchange rates. Exchange rates can be highly volatile and are impacted by numerous economic, political and social factors as well as supply and demand and governmental intervention, control and adjustments. Investments in financial instruments carry significant risk, including the possible loss of the principal amount invested. Before entering any foreign exchange transaction, you should obtain advice from your own accounting, tax, financial, legal and other advisors and only make investment decisions on the basis of your own objectives, experience and resources.

All loans provided by First-Citizens Bank & Trust Company are subject to underwriting, credit, and collateral approval. Financing availability may vary by state. Restrictions may apply. All information contained herein is for informational purposes only and no guarantee is expressed or implied. Rates, terms, programs, and underwriting policies are subject to change without notice. This is not a commitment to lend. Terms and conditions apply. NMLSR ID 503941

Bank deposit products are offered by First-Citizens Bank & Trust Company. Member FDIC and an Equal Housing Lender.

All third-party trademarks referenced by First Citizens Bank remain the property of their respective owners. First Citizens Bank's use of third-party trademarks does not indicate any relationship, sponsorship or endorsement between First Citizens Bank and the owners of these trademarks. All references by First Citizens Bank to third-party trademarks are to identify the corresponding third-party goods and services and intended to constitute nominative fair use under applicable trademark laws.

Hardware & Frontier Technology
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