# R3-IoT Ltd.: Computer hardware, Glasgow, United Kingdom

> R3-IoT Ltd.: R3-IoT is a Scotland-based firm that develops an IoT device that transmits data and connects to satellite and cellular networks for businesses...

Source: https://millionrounds.com/startup/r3-iot-ltd (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Computer hardware startup](https://millionrounds.com/companies)

# R3-IoT Ltd.

R3-IoT is a Scotland-based firm that develops an IoT device that transmits data and connects to satellite and cellular networks for businesses in areas with low connectivity.

Funding reported Last round: Seed

Computer hardware Glasgow, United Kingdom

Company summary

- **Founded:** 2018 8 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** 6.1M as listed, currency not stated
- **Last round:** Seed Sept 2023

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 R3-IoT Ltd. 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)

## What company datasets say R3-IoT Ltd. raised

Funding, as reported

Reported in all **6.1M** in the source's currency

Rounds **3**

Last round **Seed**

Last round size **4.3M**

Last round date **Sept 2023**

Investors listed **9**

## Funding filed with regulators

R3-IoT Ltd. filed 4 raises, $10M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jun 2024 **$2.5M** UK share allotment
- Jul 2023 **$2.5M** UK share allotment
- Feb 2023 **$1.1M** UK share allotment
- Jul 2021 **$4.3M** UK share allotment

## The company, in detail

What they build

Built with from their website

Microsoft 365 Outlook

- **Sector:** Computer hardware
- **Region:** Scotland
- **Revenue:** 1M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/krucial-formerly-r3-iot-limited)

## Computer hardware in United Kingdom

Startups like it

- [**Quantum Motion** London · founded 2017 *Raised*](https://millionrounds.com/company/quantum-motion)
- [**Iceotope** Catcliffe · founded 2005](https://millionrounds.com/startup/iceotope)
- [**Light Blue Optics** Cambridge · founded 2004](https://millionrounds.com/startup/light-blue-optics)
- [**Tingbot** London · founded 2015](https://millionrounds.com/startup/tingbot)
- [**Optalysys** Pontefract · founded 2013](https://millionrounds.com/startup/optalysys)
- [**Giraffe360** London · founded 2016](https://millionrounds.com/startup/giraffe360-3)
- [**Salience Labs** Oxford · founded 2020](https://millionrounds.com/startup/salience-labs)
- [**Lumai** Oxford · founded 2022](https://millionrounds.com/startup/lumai-3)

## Is this your company?

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