# IoT investors (2026 list) > 340 ioT investors, 89% active in the last 12 months. Led by Y Combinator, Techstars, 500 Global. Ranked by what they funded. Source: https://millionrounds.com/lists/iot-investors (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # IoT investors Updated 7 November 2026 Firms observed backing an ioT company in the last two years, taken from what they funded rather than from what their website says they like. [See all 340 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fiot-investors)The top 25 **340** investors on the list *+5* this week **6,901** cheques in 12 months *-13%* against the market **$9.5M** median round they joined *+19%* against the market median **89%** wrote a cheque in 12 months **51%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (25) - 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen - 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen - 3 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen - 4 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) *Deploying now* Government · United States **1,869** **$926K** median round **Sept 2026** last seen - 5 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen - 6 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen - 7 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen - 8 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen - 9 [Wayra](https://millionrounds.com/fund/wayra) *Deploying now* Corporate VC · Germany **1,160** **$2M** median round **Sept 2026** last seen - 10 [Intel Capital](https://millionrounds.com/fund/intel-capital) *Deploying now* Corporate VC · United States **1,123** **$22M** median round **Oct 2026** last seen - 11 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen - 12 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) *Deploying now* VC firm · United States **1,038** **$30M** median round **Nov 2026** last seen - 13 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen - 14 [SOSV](https://millionrounds.com/fund/sosv) *Deploying now* VC firm · United States **951** **$2.5M** median round **Nov 2026** last seen - 15 [Google Ventures](https://millionrounds.com/fund/gv) *Deploying now* Corporate VC · United States **884** **$38M** median round **Oct 2026** last seen - 16 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen - 17 [First Round Capital](https://millionrounds.com/fund/first-round-capital) *Deploying now* VC firm · United States **807** **$18M** median round **Oct 2026** last seen - 18 [BoxGroup](https://millionrounds.com/fund/boxgroup) *Deploying now* VC firm · United States **773** **$18M** median round **Nov 2026** last seen - 19 [Norwest Venture Partners](https://millionrounds.com/fund/norwest) *Deploying now* VC firm · United States **705** **$25M** median round **Oct 2026** last seen - 20 [Innovate UK](https://millionrounds.com/fund/innovate-uk) *Deploying now* VC firm · United Kingdom **704** **$1.2M** median round **Oct 2026** last seen - 21 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) *Deploying now* VC firm · Canada **685** **$6M** median round **Sept 2026** last seen - 22 [Bossa Invest](https://millionrounds.com/fund/bossa-invest) *Deploying now* VC firm · Brazil **657** **$6.7M** median round **Oct 2026** last seen - 23 [EISMEA](https://millionrounds.com/fund/eismea) *Deploying now* Investment firm **524** **$2.2M** median round **Sept 2026** last seen - 24 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen - 25 [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 **315 more on this list** All 340 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) ## The Newest Cheques Rounds this list's investors joined most recently - **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital) - **6** Nov **[Humble Robotics](https://millionrounds.com/company/humble-robotics)** Series A · $51M *With* [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) - **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *Led by* [Boka Capital](https://millionrounds.com/fund/boka-capital) - **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group) - **5** Nov **[Bizay](https://millionrounds.com/company/bizay)** Series D+ *Led by* [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners) - **5** Nov **[i14](https://millionrounds.com/company/i14)** Seed · $6.3M *With* [Virescent Ventures](https://millionrounds.com/fund/virescent-ventures) ## Stages This Year 4,929 rounds - Venture **21%** - Seed **19%** - Series A **16%** - Pre-seed **10%** - Series B **7%** - Other **27%** ## What They Backed Sectors, last 12 months - AI **1,912** - Biotech **318** - Healthcare **296** - Fintech **286** - Big Data & Analytics **250** - Aerospace & Space **193** ## Cheques by Quarter Led Joined 1,982 Q1 25 2,039 Q2 25 2,231 Q3 25 2,243 Q4 25 2,205 Q1 26 1,900 Q2 26 1,538 Q3 26 421 Q4 26 The last bar is the quarter still running. ## Lists Like This - [AI investors 7,040](https://millionrounds.com/lists/ai-investors) - [Fintech investors 2,997](https://millionrounds.com/lists/fintech-investors) - [Big Data & Analytics investors 1,954](https://millionrounds.com/lists/big-data-investors) - [Biotech investors 1,901](https://millionrounds.com/lists/biotech-investors) - [Robotics investors 1,714](https://millionrounds.com/lists/robotics-investors) - [Energy investors 1,707](https://millionrounds.com/lists/energy-investors) - [Construction investors 1,609](https://millionrounds.com/lists/construction-investors) - [Manufacturing investors 1,385](https://millionrounds.com/lists/manufacturing-investors) - [Cybersecurity investors 1,380](https://millionrounds.com/lists/cybersecurity-investors) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about ioT investors ### Who are the most active ioT investors? By cheques observed, the most active are Y Combinator, Techstars, 500 Global, National Science Foundation and Andreessen Horowitz. ### How many ioT investors are there? 340 are on record. 89% made an investment in the last 12 months and 51% have led a round. ### Which stages do ioT investors back? Of the rounds with a named stage in the last 12 months, mostly Seed (27%) and Series A (22%). ### How big are the rounds ioT investors join? The typical (median) round among the leading investors here is $6M. ### Which sectors do ioT investors back most? In the last 12 months, mostly AI, Biotech and Healthcare. ### Which ioT investors lead the most rounds? Andreessen Horowitz (114 led), General Catalyst (97 led) and Bessemer Venture Partners (51 led). ### Where are ioT investors based? Among the most active, most are based in the United States (18), the United Kingdom (2) and Germany (1). ### What have ioT investors invested in recently? Recent rounds include Physicl (Seed, Nov 2026, with Inovia Capital), Humble Robotics (Series A, Nov 2026, with Energy Impact Partners) and Ocient (Series C, Nov 2026, with Boka Capital). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)