# IOTech funding: rounds and investors > IOTech has raised $7.5M across 2 rounds since 2019. Investors include Dell Technologies Capital, Northstar Ventures and Innovate UK. Source: https://millionrounds.com/company/iotech (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Venture startup](https://millionrounds.com/companies) # Who invested in *IOTech* 2 rounds we have observed, with the 5 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. Construction Manufacturing Funding summary Updated 26 Oct 2026 **$7.5M** raised across 2 rounds since 2019, from 2 sources - **Latest round:** Venture Aug 2023 - **Biggest round:** $7.5M Series A · Nov 2019 - **Investors:** 5 (1 led) 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 2021 2022 2023 **$7.5M** Series A **?** Venture - **First round:** Series A, $7.5M - **Biggest round:** $7.5M - **Between rounds:** 3.7 years ## The rounds - **Aug 2023** Venture **Amount undisclosed** *2 new* *2 returning* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Source recorded - **Nov 2019** Series A **$7.5M** *3 new* [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Lead [Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) [SPDG](https://millionrounds.com/fund/spdg) Reported by FinSMEs ## Founders and team From IOTech's own website: 2 founders, 2 on the team. **Hervé Javice** Co-founder & CEO **Michael Zenou** Co-founder & CTO - **Ilana Lurie** CFO & COO - **Elad Dotan** VP R&D ## 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. **Series A** 2019 **Venture** 2023 [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) L [Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [SPDG](https://millionrounds.com/fund/spdg) ## Everyone who backed them [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Corporate VC **2** rounds, led 1 [Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) VC firm **2** rounds [Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **1** round [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Government **1** round [SPDG](https://millionrounds.com/fund/spdg) Family office **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=iotech). ## Quick answers about IOTech ### Who invested in IOTech? IOTech's investors include Dell Technologies Capital, Northstar Ventures, Innovate UK, Scottish Enterprise and SPDG. ### How much has IOTech raised? IOTech has raised $7.5M across 2 rounds since 2019. One round did not disclose an amount, so the total is a floor. ### When did IOTech last raise? IOTech's most recent round was a Venture in Aug 2023. ### What was IOTech's biggest round? IOTech's largest round on record is $7.5M (Series A), in Nov 2019, led by Dell Technologies Capital. ### Who backed IOTech first? IOTech's first round on record, in Nov 2019, was backed by Dell Technologies Capital, Northstar Ventures and SPDG. ### What stage is IOTech at? IOTech's latest named round is a Venture, in Aug 2023. ### Where is IOTech based? IOTech is based in the United Kingdom. ### Who led IOTech's rounds? Dell Technologies Capital led the Series A in 2019. ## Companies like IOTech In the same sector, and raised in the last eighteen months. [**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**Extend Robotics** $4.7M · Oct 2026](https://millionrounds.com/company/extend-robotics)[**Dragonfly Advanced Materials** $2.0M · Sept 2026](https://millionrounds.com/company/dragonfly-advanced-materials)[**Penelope Health** $100M · Sept 2026](https://millionrounds.com/company/penelope-health) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app