# IOTA: Information technology & services, Berlin, Germany

> IOTA: IOTA is an open-source distributed ledger technology and cryptocurrency designed for the Internet of Things (IoT) and Web3 applications.

Source: https://millionrounds.com/startup/iota (Millionrounds; every figure on the page links to its filing or article)

Germany · [Information technology & services startup](https://millionrounds.com/companies)

# IOTA

IOTA is an open-source distributed ledger technology and cryptocurrency designed for the Internet of Things (IoT) and Web3 applications.

Funding reported Last round: Venture (Round not Specified)

Information technology & services Berlin, Germany

Company summary

- **Founded:** 2017 9 years old
- **Team:** 120 51 to 200 people
- **Funding reported:** 118M as listed, currency not stated
- **Last round:** Venture (Round not Specified) Dec 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for IOTA has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About IOTA

IOTA is an open-source distributed ledger technology and cryptocurrency designed for the Internet of Things (IoT) and Web3 applications.

Founded in 2015 and led by the IOTA Foundation in Berlin, it utilizes a Directed Acyclic Graph (DAG) architecture to enable scalable, fee-less transactions and smart contract execution. IOTA's technology supports up to 150,000 transactions per second with near-instant finality, making it suitable for various applications without the need for energy-intensive mining. The company offers a comprehensive open-source product suite for large-scale use cases, including supply chain management, digital identity, and decentralized finance (DeFi). Key features include tools for decentralized applications, smart contracts, asset tokenization, and data verification. IOTA also supports various ecosystem projects that enhance liquidity, facilitate digital trade, and provide solutions for regulatory compliance. Its focus on flexibility, interoperability, and real-world applications positions IOTA as a significant player in the evolving digital landscape.

## What company datasets say IOTA raised

Funding, as reported

Reported in all **118M** in the source's currency

Last round **Venture (Round not Specified)**

Last round size **100M**

Last round date **Dec 2021**

## On a portfolio page

Investors who name them

- [Luminary Capital](https://millionrounds.com/fund/luminary-capital)

Each firm lists IOTA on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

on-chain notarization web3 onboarding decentralized identity enterprise-grade security smart contracts secure access control distribution defi interoperability high performance computing open-source protocol blockchain development tools realize asset platform internet of things web3 integration cdm solutions

Built with from their website

GitHub Actions Google Tag Manager HREF Lang Atlassian PWA Font Awesome YouTube Google Workspace CloudFlare Microsoft Windows

+8 more

Viewport Meta Vite webpack Google Meet Svelte CloudFlare CDN Twilio SendGrid Email Marketing Campaigns Hudl Sportscode

- **Sector:** Information technology & services
- **Industry code:** NAICS 54151, 511210, 518210, SIC 7375, 7372, 7371
- **Region:** Berlin
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/iota-foundation)

## Information technology & services in Germany

Startups like it

- [**Helsing** Munich · founded 2021 *Raised*](https://millionrounds.com/company/helsing)
- [**Parloa** Berlin · founded 2018 *Raised*](https://millionrounds.com/company/parloa)
- [**Black Forest Labs** Freiburg · founded 2024 *Raised*](https://millionrounds.com/company/black-forest-labs)
- [**n8n** Berlin · founded 2019 *Raised*](https://millionrounds.com/company/n8n)
- [**Sereact** Stuttgart · founded 2021 *Raised*](https://millionrounds.com/company/sereact)
- [**osapiens** Mannheim · founded 2018 *Raised*](https://millionrounds.com/company/osapiens)
- [**RobCo** Munich · founded 2020 *Raised*](https://millionrounds.com/company/robco)
- [**Noxtua** Berlin *Raised*](https://millionrounds.com/company/noxtua)

## Is this your company?

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