# Pre-seed ioT investors (2026 list) > 21 pre-seed ioT investors, 81% active in the last 12 months. Led by 500 Global, National Science Foundation, Plug and Play. Ranked by what they funded. Source: https://millionrounds.com/lists/pre-seed-iot-investors (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Pre-seed ioT investors Updated 7 November 2026 Firms we have watched take part in a pre-seed round raised by an ioT company in the last two years. Both the stage and the sector are what they did, not what their website says. [See all 21 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpre-seed-iot-investors)The top 21 **21** investors on the list *-2* this week **639** cheques in 12 months *-29%* against the market **$7M** median round they joined *-12%* against the market median **81%** wrote a cheque in 12 months **67%** have led a round ## The Top 21 Ordered by cheques observed, never by anything anyone paid for Deploying now (17) - 1 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen - 2 [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 - 3 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen - 4 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen - 5 [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) *Deploying now* Accelerator · United Kingdom **332** **$3.6M** median round **Oct 2026** last seen - 6 [Inovia Capital](https://millionrounds.com/fund/inovia-capital) *Deploying now* VC firm · Canada **328** **$11M** median round **Nov 2026** last seen - 7 [Craft Ventures](https://millionrounds.com/fund/craft-ventures) *Deploying now* VC firm · United States **283** **$14M** median round **Oct 2026** last seen - 8 [Wavemaker Partners](https://millionrounds.com/fund/wavemaker-partners-3) *Deploying now* VC firm · Singapore **212** **$3M** median round **Mar 2026** last seen - 9 [Notion Capital](https://millionrounds.com/fund/notion-capital) *Deploying now* VC firm · United Kingdom **202** **$9.2M** median round **Oct 2026** last seen - 10 [Tall Grass Ventures](https://millionrounds.com/fund/tall-grass-ventures) *Deploying now* VC firm · Canada **13** **$2.9M** median round **Sept 2026** last seen - 11 [E3 Capital](https://millionrounds.com/fund/e3-capital) *Deploying now* VC firm · Kenya **10** **$7M** median round **Feb 2026** last seen - 12 [Blue Sky Capital](https://millionrounds.com/fund/blue-sky-capital) *Deploying now* VC firm · United States **6** **$15M** median round **Feb 2026** last seen - 13 [Fitz Gate Ventures](https://millionrounds.com/fund/fitz-gate-ventures) *Deploying now* VC firm · United States **5** **$9.5M** median round **Oct 2026** last seen - 14 [Hatch Blue Ltd](https://millionrounds.com/fund/hatch-blue) *Deploying now* Accelerator · Ireland **4** **$3M** median round **Jun 2026** last seen - 15 [Shell Foundation](https://millionrounds.com/fund/shell-foundation) quiet Investment firm · United Kingdom **3** **$11M** median round **May 2025** last seen - 16 [Metavc Capital, LLC](https://millionrounds.com/fund/metavc-capital-llc) *Deploying now* VC firm **3** **$24M** median round **Oct 2026** last seen - 17 [AIC Ventures](https://millionrounds.com/fund/aic-ventures) *Deploying now* VC firm · United States **2** **$3.9M** median round **Aug 2026** last seen - 18 [Invest Nova Scotia](https://millionrounds.com/fund/invest-nova-scotia) *Deploying now* Government · Canada **2** **$3.3M** median round **Sept 2026** last seen - 19 [Injaro Investments Limited](https://millionrounds.com/fund/injaro-investment-advisors) quiet Private credit · Ghana **1** **$8.1M** median round **May 2025** last seen - 20 [European angel investors](https://millionrounds.com/fund/european-angel-investors) quiet Angel network **1** **$8.1M** median round **May 2025** last seen - 21 [Richard Thwaites](https://millionrounds.com/fund/richard-thwaites) quiet Angel **1** **$8.1M** median round **May 2025** last seen ## 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) - **5** Nov **[Granit](https://millionrounds.com/company/granit)** Seed · $6M *Led by* [Seedcamp](https://millionrounds.com/fund/seedcamp) - **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play) - **3** Nov **[Carryt](https://millionrounds.com/company/carryt)** Round *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play) - **2** Nov **[Marble Cognition](https://millionrounds.com/company/marble-cognition)** Pre-seed · $3.8M *Led by* [Seedcamp](https://millionrounds.com/fund/seedcamp) - **29** Oct **[i23](https://millionrounds.com/company/i23)** Seed · $6.5M *With* [Seedcamp](https://millionrounds.com/fund/seedcamp) ## Stages This Year 616 rounds - Seed **23%** - Venture **20%** - Series A **15%** - Pre-seed **9%** - Grant **8%** - Other **25%** ## What They Backed Sectors, last 12 months - AI **245** - Biotech **51** - Fintech **46** - Healthcare **44** - Big Data & Analytics **26** - Financial Services **26** ## Cheques by Quarter Led Joined 220 Q1 25 240 Q2 25 257 Q3 25 236 Q4 25 217 Q1 26 167 Q2 26 149 Q3 26 28 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Seed AI investors 2,922](https://millionrounds.com/lists/seed-ai-investors) - [Series A AI investors 2,490](https://millionrounds.com/lists/series-a-ai-investors) - [Series B AI investors 1,557](https://millionrounds.com/lists/series-b-ai-investors) - [Pre-seed AI investors 1,286](https://millionrounds.com/lists/pre-seed-ai-investors) - [Growth AI investors 1,186](https://millionrounds.com/lists/growth-ai-investors) - [Series A fintech investors 950](https://millionrounds.com/lists/series-a-fintech-investors) - [Series C AI investors 930](https://millionrounds.com/lists/series-c-ai-investors) - [Seed fintech investors 925](https://millionrounds.com/lists/seed-fintech-investors) - [Series A biotech investors 650](https://millionrounds.com/lists/series-a-biotech-investors) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders at idea or pre-seed - Thinking, Fast and Slow Daniel Kahneman · 2011 4.16 from 616,355 ratings on Goodreads Judgement and decisions Company building About the book In the highly anticipated Thinking, Fast and Slow, Kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. Kahneman… On AmazonListen on Audible - The Elements of User Experience: User-Centered Design for the Web Jesse James Garrett · 2002 4.01 from 4,134 ratings on Goodreads Finding product-market fit Company building About the book Smart organizations recognize that Web design is more than just creating clean code and sharp graphics. A site that really works fulfills your strategic objectives while meeting the needs of your users. Even the best content and the most sophisticated technology won't help you… On AmazonListen on Audible - Get Backed: Craft Your Story, Build the Perfect Pitch Deck, and Launch the Venture of Your Dreams Evan Baehr · 2015 4.36 from 356 ratings on Goodreads Raising money Company building About the book HOW DO YOU LAUNCH THE VENTURE OF YOUR DREAMS? Get Backed isn’t just about startup fundraising. It’s a handbook for anyone who has an idea and needs to build relationships to get it off the ground. Over the last 3 years, entrepreneurs Evan Loomis and Evan Baehr have… On AmazonListen on Audible - Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist [Brad Feld](https://millionrounds.com/person/brad-feld) · 2011 4.11 from 17,486 ratings on Goodreads Raising money Company building About the book Praise for Venture Deals"My biggest nightmare is taking advantage of an entrepreneur without even realizing it. It happens because VCs are experts in financings and most entrepreneurs are not. Brad and Jason are out to fix that problem with Venture Deals. This book is long… On AmazonListen on Audible[Author's Podcasts](https://millionrounds.com/person/brad-feld#podcasts) More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=idea). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about pre-seed ioT investors ### Who are the most active pre-seed ioT investors? By cheques observed, the most active are 500 Global, National Science Foundation, Plug and Play, Seedcamp and Entrepreneur First. ### How many pre-seed ioT investors are there? 21 are on record. 81% made an investment in the last 12 months and 67% have led a round. ### Which stages do pre-seed ioT investors back? Of the rounds with a named stage in the last 12 months, mostly Seed (31%) and Series A (20%). ### How big are the rounds pre-seed ioT investors join? The typical (median) round among the leading investors here is $7M. ### Which sectors do pre-seed ioT investors back most? In the last 12 months, mostly AI, Biotech and Fintech. ### Which pre-seed ioT investors lead the most rounds? Craft Ventures (14 led), Notion Capital (10 led) and Inovia Capital (9 led). ### Where are pre-seed ioT investors based? Among the most active, most are based in the United States (7), the United Kingdom (4) and Canada (3). ### What have pre-seed ioT investors invested in recently? Recent rounds include Physicl (Seed, Nov 2026, with Inovia Capital), Granit (Seed, Nov 2026, with Seedcamp) and Lazarus AI (Nov 2026, with Plug and Play). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)