# iotaMotion funding: rounds and investors

> iotaMotion has raised $13M across 4 rounds since 2018. Investors include National Science Foundation and National Institutes of Health.

Source: https://millionrounds.com/company/iotamotion (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *iotaMotion*

4 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Raised 8 months ago

Funding summary Updated 26 Oct 2026

**$13M** raised across 4 rounds since 2018, from 4 sources

**$2.1M** Round **$2.5M** Round **$6.4M** Series B **$1.9M** Round

- **Latest round:** Round, $1.9M Feb 2026
- **Biggest round:** $6.4M Series B · Jan 2025
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2022 2024 2026

**$2.1M** Round

**$2.5M** Round

**$6.4M** Series B

**$1.9M** Round

- **First round:** Round, $2.1M
- **Biggest round:** $6.4M
- **Usual gap between rounds:** 14 months

## The rounds

- **Feb 2026** Round **$1.9M** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet SEC filing: $1.9M sold, first sale Feb 2026
- **Jan 2025** Series B **$6.4M** *2 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Source recorded SEC filing: $6.4M sold, first sale Jan 2025
- **Aug 2019** Round **$2.5M** No investor was named in the report. Reported by Markets
- **Oct 2018** Round **$2.1M** No investor was named in the report. Reported by Siliconprairienews SEC filing: $2.1M sold, first sale May 2017

## Founders and team

From iotaMotion's own website: 1 founder, 3 on the team.

**Wayne Wallace** Co-Founder of Mutual Capital Partners

- **Jeff Hopkins** CEO of FlowPhysix
- **Eric B. Timko** Executive Chairman
- **Marie Calabria** EVP & General Manager, Engineering & Operations

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2018 **Round** 2019 **Series B** 2025 **Round** 2026 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health)

## Everyone who backed them

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=iotamotion).

## Also claim to have backed them

These 2 firms list iotaMotion as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Mutual Capital Partners](https://millionrounds.com/fund/mutual-capital-partners) VC firm Per its own site

[Next Level Ventures](https://millionrounds.com/fund/next-level-ventures) VC firm Per its own site

## Quick answers about iotaMotion

### Who invested in iotaMotion?

iotaMotion's investors include National Science Foundation and National Institutes of Health.

### How much has iotaMotion raised?

iotaMotion has raised $13M across 4 rounds since 2018.

### When did iotaMotion last raise?

iotaMotion's most recent round, $1.9M, was in Feb 2026.

### What was iotaMotion's biggest round?

iotaMotion's largest round on record is $6.4M (Series B), in Jan 2025.

### Who backed iotaMotion first?

iotaMotion's first round on record, in Jan 2025, was backed by National Science Foundation and National Institutes of Health.

### What stage is iotaMotion at?

iotaMotion's latest named round is a Series B, in Jan 2025.

### Where is iotaMotion based?

iotaMotion is based in the United States.

## Companies like iotaMotion

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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