# Top 50 Industrial IoT Startups Worldwide by Funding (2026)

> The 50 best-funded industrial IoT startups worldwide, ranked by total funding raised: $753M combined.

Source: https://millionrounds.com/top-lists/industrial-iot-startups (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Terra Motors** Terra Motors is an electric car manufacturing company that utilizes IoT and digitally connecting EV mobility.](https://millionrounds.com/company/terra-motors) Terra Motors is an electric car manufacturing company that utilizes IoT and digitally connecting EV mobility. *Founded* 2010 Tokyo, Japan **$159M** last round Aug 2025
- 2 [**Fathom** Fathom is a computer software that provides an Industrial IoT platform and AI application.](https://millionrounds.com/company/fathom) Fathom is a computer software that provides an Industrial IoT platform and AI application. *Founded* 2019 United States **$63M** last round Sept 2024
- 3 [**Teknovus** Industrial IoT solution provider through SaaS](https://millionrounds.com/company/teknovus) Industrial IoT solution provider through SaaS *Founded* 2022 United States **$63M** last round Nov 2009
- 4 [**Haber** Haber, also known as Haber Water Technologies, is a Pune-based deep-tech startup founded in 2017.](https://millionrounds.com/company/haber) Haber, also known as Haber Water Technologies, is a Pune-based deep-tech startup founded in 2017. *Founded* 2017 Pune, India **$44M** last round Dec 2024
- 5 [**Everactive** Everactive is a deep-tech company specializing in batteryless, self-powered Industrial IoT sensors and systems.](https://millionrounds.com/company/everactive) Everactive is a deep-tech company specializing in batteryless, self-powered Industrial IoT sensors and systems. *Founded* 2012 Santa Clara, United States **$41M** last round Sept 2024
- 6 [**Arch Systems** Arch Systems is a software company based in Palo Alto, California, founded in 2015.](https://millionrounds.com/company/arch-systems) Arch Systems is a software company based in Palo Alto, California, founded in 2015. *Founded* 2015 Palo Alto, United States **$35M** last round Sept 2026
- 7 [**MachineMetrics** MachineMetrics is an industrial IoT and Artificial Intelligence company founded in 2014 and based in Easthampton, Massachusetts.](https://millionrounds.com/company/machinemetrics) MachineMetrics is an industrial IoT and Artificial Intelligence company founded in 2014 and based in Easthampton, Massachusetts. *Founded* 2014 Easthampton, United States **$31M** last round Jun 2021
- 8 [**Oden Technologies** Oden Technologies is a New York-based company founded in 2014 that specializes in AI and industrial IoT solutions for manufacturing.](https://millionrounds.com/company/oden-technologies) Oden Technologies is a New York-based company founded in 2014 that specializes in AI and industrial IoT solutions for manufacturing. *Founded* 2014 New York, United States **$29M** last round Apr 2024
- 9 [**Sensoro** Industrial IoT Solutions for for smart cities and buildings, asset tracking, energy management, and environmental monitoring.](https://millionrounds.com/company/sensoro) Industrial IoT Solutions for for smart cities and buildings, asset tracking, energy management, and environmental monitoring. *Founded* 2012 China **$28M** last round Apr 2017
- 10 [**Timescale** Timescale is a leading relational database company specializing in time-series data, built on PostgreSQL and SQL standards.](https://millionrounds.com/company/timescale) Timescale is a leading relational database company specializing in time-series data, built on PostgreSQL and SQL standards. *Founded* 2015 New York, United States **$27M** last round Jan 2019
- 11 [**Memfault** IoT reliability platform that gives developers a more scalable & sustainable process to transform the way they build & operate devices](https://millionrounds.com/company/memfault) IoT reliability platform that gives developers a more scalable & sustainable process to transform the way they build & operate devices *Founded* 2018 San Francisco, United States **$27M** last round Jan 2023
- 12 [**IoTium** IoTium simplifies establishing and managing secure network infrastructure for Industrial IoT.](https://millionrounds.com/company/iotium) IoTium simplifies establishing and managing secure network infrastructure for Industrial IoT. *Founded* 2015 United States **$22M** last round Sept 2018
- 13 [**Connectiva Systems** Connectiva is a leading end-to-end IoT provider based in Perth, Western Australia, established in 2010.](https://millionrounds.com/company/connectiva-systems) Connectiva is a leading end-to-end IoT provider based in Perth, Western Australia, established in 2010. *Founded* 2000 New York, United States **$17M** last round Sept 2008
- 14 [**ZifiSense** ZiFiSense is a China-based provider of LPWA IoT technology, specializing in low-power, low-cost wireless infrastructure for massive IoT and industrial digital t](https://millionrounds.com/company/zifisense) ZiFiSense is a China-based provider of LPWA IoT technology, specializing in low-power, low-cost wireless infrastructure for massive IoT and industrial digital t *Founded* 2016 Cambridge, United Kingdom **$16M** last round Feb 2022
- 15 [**Overwatch** Overwatch offers industrial design, mechanical engineering, embedded systems, IoT, and prototype manufacturing services.](https://millionrounds.com/company/overwatch) Overwatch offers industrial design, mechanical engineering, embedded systems, IoT, and prototype manufacturing services. *Founded* 2013 Naperville, United States **$15M** last round Oct 2026
- 16 [**Treon** Treon is a global leader in AI-driven Smart Industry solutions and IoT hardware, founded in 2016 and based in Tampere, Finland.](https://millionrounds.com/company/treon) Treon is a global leader in AI-driven Smart Industry solutions and IoT hardware, founded in 2016 and based in Tampere, Finland. *Founded* 2016 Tampere, Finland **$14M** last round Apr 2026
- 17 [**V5 Systems** V5 Systems develops a self-powered outdoor security and computing platform for the Industrial IoT market.](https://millionrounds.com/company/v5-systems) V5 Systems develops a self-powered outdoor security and computing platform for the Industrial IoT market. *Founded* 2014 Fremont, United States **$12M** last round Apr 2017
- 18 [**Modjoul** Modjoul, Inc.](https://millionrounds.com/company/modjoul) Modjoul, Inc. *Founded* 2016 Huntsville, United States **$12M** last round Mar 2025
- 19 [**Bayshore Networks** Bayshore is the cybersecurity leader for the Industrial Internet.](https://millionrounds.com/company/bayshore-networks) Bayshore is the cybersecurity leader for the Industrial Internet. *Founded* 2012 United States **$11M** last round Mar 2017
- 20 [**Acoustic Wells** Acoustic Wells offers industrial IoT solutions to maximize oil field efficiency and reduce environmental impact.](https://millionrounds.com/company/acoustic-wells) Acoustic Wells offers industrial IoT solutions to maximize oil field efficiency and reduce environmental impact. *Founded* 2018 Boston, United States **$10M** last round Aug 2023
- 21 [**MACHBASE** MACHBASE is a private software company founded in 2013, specializing in high-performance time series database technology.](https://millionrounds.com/company/machbase) MACHBASE is a private software company founded in 2013, specializing in high-performance time series database technology. *Founded* 2013 Sunnyvale, United States **$8.3M** last round Jul 2020
- 22 [**INLAN** INLAN specialises in battery-free IoT solutions for industrial asset tracking and localisation via sophisticated RFID technology.](https://millionrounds.com/company/inlan) INLAN specialises in battery-free IoT solutions for industrial asset tracking and localisation via sophisticated RFID technology. *Founded* - Montréal, Canada **$5.0M** last round Dec 2025
- 23 [**Zozio** Zozio is a French industrial software company based in Paris, founded in 2018/2019.](https://millionrounds.com/company/zozio) Zozio is a French industrial software company based in Paris, founded in 2018/2019. *Founded* 2019 Paris, France **$4.2M** last round May 2022
- 24 [**Cyberlightning Ltd.** CyberLightning Ltd.](https://millionrounds.com/company/cyberlightning-ltd) CyberLightning Ltd. *Founded* 2010 Oulu, Finland **$4.2M** last round Aug 2014
- 25 [**ThingTech** ThingTech is an enterprise asset intelligence IoT platform providing real-time visibility of high value assets, equipment, mobile workforce.](https://millionrounds.com/company/thingtech) ThingTech is an enterprise asset intelligence IoT platform providing real-time visibility of high value assets, equipment, mobile workforce. *Founded* 2014 United States **$4.0M** last round Jan 2019
- 26 [**Pulsa** Pulsa, also known as Pulsa Sensors, is an industrial IoT company based in San Francisco, founded in 2016.](https://millionrounds.com/company/pulsa) Pulsa, also known as Pulsa Sensors, is an industrial IoT company based in San Francisco, founded in 2016. *Founded* 2016 San Francisco, United States **$4.0M** last round May 2022
- 27 [**Alchmy IoT**](https://millionrounds.com/company/alchmy-iot) *Founded* - United States **$4.0M** last round Dec 2017
- 28 [**Saha Robotik** Saha Robotik, founded in 2020 and based in Kocaeli, Turkey, specializes in developing fully autonomous service and delivery robots.](https://millionrounds.com/company/saha-robotik) Saha Robotik, founded in 2020 and based in Kocaeli, Turkey, specializes in developing fully autonomous service and delivery robots. *Founded* 2020 Kocaeli, Türkiye **$3.0M** last round May 2023
- 29 [**SmartCloud** SmartCloud provides real-time "big reasoning" solutions for mission-critical environments and the industrial internet of things (IoT).](https://millionrounds.com/company/smartcloud) SmartCloud provides real-time "big reasoning" solutions for mission-critical environments and the industrial internet of things (IoT). *Founded* 2009 United States **$3.0M** last round Dec 2013
- 30 [**Proxgy** Proxgy, officially known as Everywhere as a Service P.](https://millionrounds.com/company/proxgy) Proxgy, officially known as Everywhere as a Service P. *Founded* 2020 India **$3.0M** last round Dec 2024
- 31 [**Inauro** Inauro is an Australian technology company founded in 2020 by Craig Kesby and Angus Kennard.](https://millionrounds.com/company/inauro) Inauro is an Australian technology company founded in 2020 by Craig Kesby and Angus Kennard. *Founded* 2020 Neutral Bay, Australia **$3.0M** last round May 2022
- 32 [**C-Labs Corporation** Industrial grade solutions for the Internet of Things (IoT)](https://millionrounds.com/company/c-labs-corporation) Industrial grade solutions for the Internet of Things (IoT) *Founded* 2009 Duvall, United States **$2.7M** last round Nov 2015
- 33 [**Holloid** Holloid GmbH is a biotechnology startup based in Vienna, founded in 2022 as a spin-off from BOKU University.](https://millionrounds.com/company/holloid) Holloid GmbH is a biotechnology startup based in Vienna, founded in 2022 as a spin-off from BOKU University. *Founded* 2022 Vienna, Austria **$2.6M** last round Feb 2025
- 34 [**PrismTech** PrismTech is now ADLINK's IoT Solutions and Technology Group.](https://millionrounds.com/company/prismtech) PrismTech is now ADLINK's IoT Solutions and Technology Group. *Founded* 1992 Woburn, United States **$2.3M** last round Feb 2010
- 35 [**InHand Networks** InHand Networks is a leading IoT solutions provider founded in 2001, dedicated to driving digital transformation across industries and empowering customers to u](https://millionrounds.com/company/inhand-networks) InHand Networks is a leading IoT solutions provider founded in 2001, dedicated to driving digital transformation across industries and empowering customers to u *Founded* 2001 Chantilly, United States **$2.2M** last round May 2010
- 36 [**Waygum, Inc.** Waygum, Inc.](https://millionrounds.com/company/waygum-inc) Waygum, Inc. *Founded* 2013 Dublin, United States **$2.2M** last round Mar 2015
- 37 [**CTHINGS.CO** CTHINGS.CO is a technology startup based in Warsaw, Poland, founded in 2018.](https://millionrounds.com/company/cthings-co) CTHINGS.CO is a technology startup based in Warsaw, Poland, founded in 2018. *Founded* 2018 Warszawa, Poland **$2.1M** last round Jul 2026
- 38 [**Altaroad** Altaroad is a French deep-tech startup founded in December 2017, specializing in an industrial IoT platform that leverages artificial intelligence and patented](https://millionrounds.com/company/altaroad) Altaroad is a French deep-tech startup founded in December 2017, specializing in an industrial IoT platform that leverages artificial intelligence and patented *Founded* 2017 Paris, France **$2.1M** last round May 2020
- 39 [**OCTO INC.** OCTO INC.](https://millionrounds.com/company/octo-inc) OCTO INC. *Founded* 2016 La Reina, Chile **$2.0M** last round Dec 2021
- 40 [**Invoxia** Invoxia is a French consumer electronics and IoT company founded in 2010, specializing in AI-powered GPS trackers for vehicles, pets, and valuables.](https://millionrounds.com/company/invoxia) Invoxia is a French consumer electronics and IoT company founded in 2010, specializing in AI-powered GPS trackers for vehicles, pets, and valuables. *Founded* 2010 Issy-les-Moulineaux, France **$1.9M** last round Oct 2015
- 41 [**Petasense** Petasense is a Silicon Valley-based Industrial IoT startup founded in 2014.](https://millionrounds.com/company/petasense) Petasense is a Silicon Valley-based Industrial IoT startup founded in 2014. *Founded* 2014 Milpitas, United States **$1.8M** last round Jun 2015
- 42 [**ProAxion** ProAxion develops a predictive software tool to define the industrial IoT by preventing the unexpected failure of mission-critical machines.](https://millionrounds.com/company/proaxion) ProAxion develops a predictive software tool to define the industrial IoT by preventing the unexpected failure of mission-critical machines. *Founded* 2015 Raleigh, United States **$1.7M** last round Jul 2022
- 43 [**Tomorrow Things** Tomorrow Things is a Bonn-based German AI startup founded in 2023.](https://millionrounds.com/company/tomorrow-things) Tomorrow Things is a Bonn-based German AI startup founded in 2023. *Founded* 2023 Bonn, Germany **$1.6M** last round Mar 2024
- 44 [**Aquivio** AQUIVIO is a Taiwan-based company specializing in smart hydration and beverage technology.](https://millionrounds.com/company/aquivio) AQUIVIO is a Taiwan-based company specializing in smart hydration and beverage technology. *Founded* 2020 Claymont, United States **$1.6M** last round Feb 2026
- 45 [**inVirtus Technologies** inVirtus Technologies is a French IoT company founded in 2018 in Nantes.](https://millionrounds.com/company/invirtus-technologies) inVirtus Technologies is a French IoT company founded in 2018 in Nantes. *Founded* 2018 Nantes, France **$1.4M** last round Jan 2022
- 46 [**Coreflux** Coreflux is an industrial IoT software company based in Portugal, founded in 2022.](https://millionrounds.com/company/coreflux) Coreflux is an industrial IoT software company based in Portugal, founded in 2022. *Founded* 2022 Porto, Portugal **$1.2M** last round Feb 2025
- 47 [**SwitchOn** SwitchOn is an industrial IoT firm that uses AI to help precision manufacturing companies reduce manufacturing failures.](https://millionrounds.com/company/switchon) SwitchOn is an industrial IoT firm that uses AI to help precision manufacturing companies reduce manufacturing failures. *Founded* - India **$1.0M** last round Jul 2024
- 48 [**Ariprus** Ariprus is an industrial IoT platform that automates machine data collection and production analytics.](https://millionrounds.com/company/ariprus) Ariprus is an industrial IoT platform that automates machine data collection and production analytics. *Founded* 2016 Troy, United States **$1.0M** last round Nov 2021
- 49 [**GreaseBoss** GreaseBoss is an Australian industrial IoT company based in Birtinya, Queensland, founded in 2020.](https://millionrounds.com/company/greaseboss) GreaseBoss is an Australian industrial IoT company based in Birtinya, Queensland, founded in 2020. *Founded* 2020 Sunshine Coast, Australia **$1.0M** last round Mar 2021
- 50 [**Leantegra** Leantegra is a product vendor specializing in industrial IoT, focusing on real-time location systems (RTLS) and safety technologies.](https://millionrounds.com/company/leantegra) Leantegra is a product vendor specializing in industrial IoT, focusing on real-time location systems (RTLS) and safety technologies. *Founded* 2014 New York, United States **$918K** last round Aug 2015

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

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