# Top 11 IoT Startups in Australia by Funding (2026)

> The 11 best-funded IoT startups in Australia, ranked by total funding raised: $654M combined. With founding year, headquarters and each company's rounds.

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

- 1 [**Q-CTRL**](https://millionrounds.com/company/q-ctrl) *Founded* - Australia **$364M** last round Nov 2026
- 2 [**IND Technology** IND Technology is a data security and quality improvement.](https://millionrounds.com/company/ind-technology) IND Technology is a data security and quality improvement. *Founded* - Richmond North, Australia **$83M** last round Dec 2025
- 3 [**Morse Micro** Morse Micro is an Australian fabless semiconductor company based in Surry Hills, Sydney.](https://millionrounds.com/company/morse-micro) Morse Micro is an Australian fabless semiconductor company based in Surry Hills, Sydney. *Founded* 2016 Surry Hills, Australia **$82M** last round Sept 2025
- 4 [**Myriota** Myriota is a satellite telecommunications company based in South Australia, founded in 2015.](https://millionrounds.com/company/myriota) Myriota is a satellite telecommunications company based in South Australia, founded in 2015. *Founded* 2015 Adelaide, Australia **$46M** last round Dec 2024
- 5 [**Arkeus** Arkeus is a defense technology company based in Port Melbourne, Victoria, Australia, founded in 2020 by Simon Olsen and Jon Nebauer.](https://millionrounds.com/company/arkeus) Arkeus is a defense technology company based in Port Melbourne, Victoria, Australia, founded in 2020 by Simon Olsen and Jon Nebauer. *Founded* 2020 Melbourne, Australia **$27M** last round May 2026
- 6 [**FarmBot**](https://millionrounds.com/company/farmbot) *Founded* - Australia **$22M** last round Aug 2026
- 7 [**Atomionics** Atomionics is a Singapore-based deep tech startup founded in 2018, specializing in the development of quantum-grade sensors for subsurface exploration and unive](https://millionrounds.com/company/atomionics) Atomionics is a Singapore-based deep tech startup founded in 2018, specializing in the development of quantum-grade sensors for subsurface exploration and unive *Founded* 2018 Singapore, Australia **$13M** last round Sept 2025
- 8 [**MagnaTerra Technologies**](https://millionrounds.com/company/magnaterra-technologies) *Founded* - Australia **$7.2M** last round Jul 2025
- 9 [**DeteQt** Deteqt is a Sydney-based startup focused on quantum sensing, founded in 2023 as a spinout from the University of Sydney’s Nano Institute.](https://millionrounds.com/company/deteqt) Deteqt is a Sydney-based startup focused on quantum sensing, founded in 2023 as a spinout from the University of Sydney’s Nano Institute. *Founded* 2023 Sydney, Australia **$5.8M** last round Apr 2026
- 10 [**KERB** KERB is redefining smart parking and urban mobility.](https://millionrounds.com/company/kerb) KERB is redefining smart parking and urban mobility. *Founded* 2016 Haymarket, Australia **$4.0M** last round Sept 2025
- 11 [**One Key Access** Open the door to deliveries.](https://millionrounds.com/company/one-key-access) Open the door to deliveries. *Founded* 2020 South Melbourne, Australia **$705K** last round May 2022

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back IoT startups in Australia in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More iot lists

[See all](https://millionrounds.com/top-lists?t=IoT)

[*H* *FS* *Q* **IoT startups worldwide** 166 companies · $5.2B](https://millionrounds.com/top-lists/iot-startups)[*FS* *HN* *B* **IoT startups in the United States** 59 companies · $2.4B](https://millionrounds.com/top-lists/iot-startups-united-states)[*OI* *K* *S* **IoT startups in Europe** 58 companies · $1.2B](https://millionrounds.com/top-lists/iot-startups-europe)[*OI* *H* *Q* **IoT startups that raised in 2026** 38 companies · $2.2B in 2026](https://millionrounds.com/top-lists/iot-startups-raised-2026)[*F* *SM* *QT* **IoT startups in the United Kingdom** 14 companies · $164M](https://millionrounds.com/top-lists/iot-startups-united-kingdom)[*T* *I* *OS* **IoT startups founded in 2019** 14 companies · $311M](https://millionrounds.com/top-lists/iot-startups-founded-2019)[*S* *S* *M* **IoT startups founded in 2018** 13 companies · $189M](https://millionrounds.com/top-lists/iot-startups-founded-2018)[*A* *A* *T* **IoT startups founded in 2020** 12 companies · $121M](https://millionrounds.com/top-lists/iot-startups-founded-2020)

## More lists for Australia

[See all](https://millionrounds.com/top-lists?r=Australia)

[*FT* *F* *I* **Startups in Australia** 1,387 companies · $54B](https://millionrounds.com/top-lists/startups-australia)[*FT* *F* *I* **AI startups in Australia** 163 companies · $33B](https://millionrounds.com/top-lists/ai-startups-australia)[*A* *HH* *H* **Healthcare startups in Australia** 93 companies · $2.2B](https://millionrounds.com/top-lists/healthcare-startups-australia)[*CA* *V* *D* **IT Services startups in Australia** 85 companies · $762M](https://millionrounds.com/top-lists/it-services-startups-australia)[*M* *W* *H* **Financial Services startups in Australia** 82 companies · $2.1B](https://millionrounds.com/top-lists/financial-services-startups-australia)[*A* *CG* *B* **Fintech startups in Australia** 77 companies · $3.6B](https://millionrounds.com/top-lists/fintech-startups-australia)[*TP* *A* *H* **Biotech startups in Australia** 71 companies · $2.8B](https://millionrounds.com/top-lists/biotech-startups-australia)[*EE* *AE* *VE* **Energy startups in Australia** 70 companies · $8.2B](https://millionrounds.com/top-lists/energy-startups-australia)