# IoT investors in Asia (2026 list) > 38 ioT investors in Asia, 97% active in the last 12 months. Led by Mitsubishi UFJ Capital, Global Brain Corporation, SMBC Venture Capital. Source: https://millionrounds.com/lists/iot-investors-in-asia (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # IoT investors in Asia Updated 7 November 2026 Firms observed backing an ioT company in Asia in the last two years, wherever the firm is based. [See all 38 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fiot-investors-in-asia)The top 25 **38** investors on the list *+9* this week **665** cheques in 12 months *+0%* against the market **$3.3M** median round they joined *-59%* against the market median **97%** wrote a cheque in 12 months **34%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (24) - 1 [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) *Deploying now* VC firm · Japan **493** **$4.7M** median round **Nov 2026** last seen - 2 [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) *Deploying now* VC firm · Japan **480** **$7.6M** median round **Sept 2026** last seen - 3 [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) *Deploying now* Investment bank · Japan **443** **$5.1M** median round **Oct 2026** last seen - 4 [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) *Deploying now* VC firm · Japan **397** **$6.5M** median round **Nov 2026** last seen - 5 [Headline](https://millionrounds.com/fund/headline) *Deploying now* VC firm · United States **307** **$15M** median round **Oct 2026** last seen - 6 [IVC](https://millionrounds.com/fund/ivc) *Deploying now* VC firm · Taiwan **282** **$3.3M** median round **Sept 2026** last seen - 7 [Incubate Fund](https://millionrounds.com/fund/incubate-fund) *Deploying now* VC firm · Japan **245** **$2.8M** median round **Oct 2026** last seen - 8 [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) *Deploying now* VC firm · Japan **217** **$9.5M** median round **Oct 2026** last seen - 9 [CDH Investments](https://millionrounds.com/fund/cdh-investments) *Deploying now* Private equity · Hong Kong SAR China **190** **$30M** median round **Oct 2026** last seen - 10 [CAS Star](https://millionrounds.com/fund/cas-star) *Deploying now* VC firm · China **116** **$14M** median round **Nov 2026** last seen - 11 [STRIVE](https://millionrounds.com/fund/strive) *Deploying now* VC firm · Singapore **90** **$3.1M** median round **Feb 2026** last seen - 12 [ITOCHU Technology Ventures](https://millionrounds.com/fund/itochu-technology-ventures) *Deploying now* VC firm · Japan **88** **$5.5M** median round **Oct 2026** last seen - 13 [DG VENTURES](https://millionrounds.com/fund/dg-ventures) *Deploying now* Accelerator · United States **70** **$2.9M** median round **Sept 2026** last seen - 14 [X Tech Ventures](https://millionrounds.com/fund/xtech-ventures) *Deploying now* VC firm · United States **58** **$2.1M** median round **Nov 2026** last seen - 15 [Aozora Corporate Investment](https://millionrounds.com/fund/aozora-corporate-investment) *Deploying now* Private equity · Japan **34** **$6.7M** median round **Sept 2026** last seen - 16 [Qatar Development Bank](https://millionrounds.com/fund/qatar-development-bank) *Deploying now* Investment bank · Qatar **5** **$2.3M** median round **Sept 2026** last seen - 17 [Shastra VC](https://millionrounds.com/fund/shastra-vc) *Deploying now* VC firm · India **4** **$3.2M** median round **Oct 2026** last seen - 18 [Krishna Jha](https://millionrounds.com/fund/krishna-jha) *Deploying now* Angel **3** **$2.3M** median round **Oct 2026** last seen - 19 [Hua Capital](https://millionrounds.com/fund/hua-capital) *Deploying now* VC firm · China **2** **$15M** median round **Oct 2026** last seen - 20 [Oasis Capital](https://millionrounds.com/fund/oasis-capital) *Deploying now* VC firm · United States **2** **$22M** median round **Oct 2026** last seen - 21 [Rigel Capital Management](https://millionrounds.com/fund/rigel-capital-management) quiet Growth equity · Singapore **2** **$14M** median round **Apr 2025** last seen - 22 [IMPACT Capital](https://millionrounds.com/fund/impact-capital) *Deploying now* Hedge fund · United Arab Emirates **1** **-** median round **Oct 2026** last seen - 23 [Ashis Nayak](https://millionrounds.com/fund/ashis-nayak) *Deploying now* VC firm **1** **$2.3M** median round **Oct 2026** last seen - 24 [Avijeet Alagathi](https://millionrounds.com/fund/avijeet-alagathi) *Deploying now* Angel **1** **$2.3M** median round **Oct 2026** last seen - 25 [Equirus InnovateX Fund](https://millionrounds.com/fund/equirus-innovatex-fund) *Deploying now* VC firm **1** **$2.3M** median round **Oct 2026** last seen **13 more on this list** All 38 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fiot-investors-in-asia) ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[Sand.ai](https://millionrounds.com/company/sand-ai)** Series A · $200M *With* [CAS Star](https://millionrounds.com/fund/cas-star) - **5** Nov **[Pay2o](https://millionrounds.com/company/pay2o)** Seed *Led by* [X Tech Ventures](https://millionrounds.com/fund/xtech-ventures) - **2** Nov **[BionicM](https://millionrounds.com/company/bionicm)** Series B *With* [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) - **30** Oct **[Neoen](https://millionrounds.com/company/neoen)** Debt · $1.3B *With* [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) - **30** Oct **[Serval](https://millionrounds.com/company/serval)** Series C · $150M *With* [Headline](https://millionrounds.com/fund/headline) - **28** Oct **[IDEABLE WORKS](https://millionrounds.com/company/ideable-works)** Series A *With* [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) ## Stages This Year 453 rounds - Venture **29%** - Seed **17%** - Series A **14%** - Series B **11%** - Debt **11%** - Other **18%** ## What They Backed Sectors, last 12 months - AI **118** - Healthcare **24** - Biotech **24** - Energy **17** - Consumer Apps **16** - Big Data & Analytics **15** ## Cheques by Quarter Led Joined 153 Q1 25 165 Q2 25 194 Q3 25 208 Q4 25 197 Q1 26 190 Q2 26 162 Q3 26 46 Q4 26 The last bar is the quarter still running. ## Lists Like This - [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america) - [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe) - [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america) - [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america) - [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia) - [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america) - [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america) - [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america) - [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about ioT investors in Asia ### Who are the most active ioT investors in Asia? By cheques observed, the most active are Mitsubishi UFJ Capital, Global Brain Corporation, SMBC Venture Capital, Mizuho Capital and Headline. ### How many ioT investors in Asia are there? 38 are on record. 97% made an investment in the last 12 months and 34% have led a round. ### Which stages do ioT investors in Asia back? Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (21%). ### How big are the rounds ioT investors in Asia join? The typical (median) round among the leading investors here is $5.1M. ### Which sectors do ioT investors in Asia back most? In the last 12 months, mostly AI, Healthcare and Biotech. ### Which ioT investors in Asia lead the most rounds? Headline (24 led), CDH Investments (4 led) and Shastra VC (3 led). ### Where are ioT investors in Asia based? Among the most active, most are based in Japan (8), the United States (4) and China (2). ### What have ioT investors in Asia invested in recently? Recent rounds include Sand.ai (Series A, Nov 2026, with CAS Star), Pay2o (Seed, Nov 2026, with X Tech Ventures) and BionicM (Series B, Nov 2026, with Mitsubishi UFJ Capital). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)