Investor Lists

Corporate VCs backing IoT

Updated 7 November 2026

Corporate VCs we have observed in an ioT round in the last two years.

20investors on the listNo change this week
412cheques in 12 months0% against the market
$24Mmedian round they joined+194% against the market median
95%wrote a cheque in 12 months
60%have led a round

The Top 20

Ordered by cheques observed, never by anything anyone paid for

Deploying now (19)

  1. 1WayraDeploying nowCorporate VC · Germany1,160$2Mmedian roundSept 2026last seen
  2. 2Intel CapitalDeploying nowCorporate VC · United States1,123$22Mmedian roundOct 2026last seen
  3. 3Google VenturesDeploying nowCorporate VC · United States884$38Mmedian roundOct 2026last seen
  4. 4Endeavor CatalystDeploying nowCorporate VC · United States318$30Mmedian roundOct 2026last seen
  5. 5RabobankDeploying nowCorporate VC · Netherlands122$3.2Mmedian roundNov 2026last seen
  6. 6SE VenturesDeploying nowCorporate VC · United States112$16Mmedian roundOct 2026last seen
  7. 7EndeavorDeploying nowCorporate VC · United States106$25Mmedian roundSept 2026last seen
  8. 8British Business BankDeploying nowCorporate VC · United Kingdom105$6.3Mmedian roundNov 2026last seen
  9. 9Lockheed MartinDeploying nowCorporate VC · United States80$27Mmedian roundOct 2026last seen
  10. 10Dell Technologies CapitalDeploying nowCorporate VC · United States77$18Mmedian roundOct 2026last seen
  11. 11Bosch VenturesDeploying nowCorporate VC · Germany75$35Mmedian roundOct 2026last seen
  12. 12Axon Partners GroupDeploying nowCorporate VC · Spain72$5Mmedian roundJul 2026last seen
  13. 13Aramco VenturesDeploying nowCorporate VC · Saudi Arabia60$27Mmedian roundSept 2026last seen
  14. 14BMW i VenturesDeploying nowCorporate VC · United States31$26Mmedian roundOct 2026last seen
  15. 15CEA InvestissementDeploying nowCorporate VC · France18$19Mmedian roundNov 2026last seen
  16. 16Samsung Catalyst FundDeploying nowCorporate VC · United States13$33Mmedian roundAug 2026last seen
  17. 17Edison InternationalDeploying nowCorporate VC · United States4$50Mmedian roundApr 2026last seen
  18. 18Lewis and Clark PartnersDeploying nowCorporate VC · United States4$22Mmedian roundAug 2026last seen
  19. 1953 StationsDeploying nowCorporate VC · United States3$70Mmedian roundOct 2026last seen
  20. 20WorleyquietCorporate VC · Australia2$7.2Mmedian roundJul 2025last seen

Quick answers about corporate VCs backing IoT

Who are the most active corporate VCs backing IoT?

By cheques observed, the most active are Wayra, Intel Capital, Google Ventures, Endeavor Catalyst and Rabobank.

How many corporate VCs backing IoT are there?

20 are on record. 95% made an investment in the last 12 months and 60% have led a round.

Which stages do corporate VCs backing IoT back?

Of the rounds with a named stage in the last 12 months, mostly Series A (27%) and Series B (17%).

How big are the rounds corporate VCs backing IoT join?

The typical (median) round among the leading investors here is $25M.

Which sectors do corporate VCs backing IoT back most?

In the last 12 months, mostly AI, Fintech and Energy.

Which corporate VCs backing IoT lead the most rounds?

Google Ventures (33 led), Intel Capital (19 led) and Dell Technologies Capital (12 led).

Where are corporate VCs backing IoT based?

Among the most active, most are based in the United States (12), Germany (2) and the Netherlands (1).

What have corporate VCs backing IoT invested in recently?

Recent rounds include T-Therapeutics (Series B, Nov 2026, with British Business Bank), Return (Debt, Nov 2026, with Rabobank) and Wormsensing (Series A, Nov 2026, with CEA Investissement).

Built from the rounds we watched, refreshed every night. How we count · Report a correction