Top list · Europe
58 IoT startups in Europe have raised money in rounds we track. These are the 50 that have raised the most, $1.2B between them, with the United Kingdom the most common home.
Onodrim Industries is a tech company that focuses on mission-critical systems across defence manufacturing, advanced sensing.
Founded -Amsterdam, Netherlands$347Mlast round Nov 2026KONUX is a German scale-up based in Munich, specializing in Artificial Intelligence (AI) and the Internet of Things (IoT).
Founded 2014Muenchen, Germany$122Mlast round Mar 2024Sateliot is a satellite telecom operator offering global continuous IoT connectivity under 5G protocol from a LEO satellite constellation
Founded 2018Barcelona, Spain$75Mlast round Mar 2025Relayr enables device manufacturers, app developers, and software companies to leverage the power of the internet of things.
Founded 2013Netherlands$67Mlast round Feb 2018FLOLIVE® is a global technology company based in London, specializing in cloud-native, software-defined mobile core infrastructure for the Internet of Things (IoT).
Founded 2015London, United Kingdom$56Mlast round Sept 2025Maritime Defense and Energy Solutions
Founded 2011Amsterdam, Netherlands$56Mlast round Nov 2026Stenon is a leading agtech company based in Potsdam, Germany, specializing in real-time digital soil data.
Founded 2018Potsdam, Germany$41Mlast round Oct 2026Haltian is a global Internet of Things (IoT) company based in Oulu, Finland, founded in 2012 by former Nokia engineers.
Founded 2012Oulu, Finland$29Mlast round Apr 2023Silicon MicroGravity is a company developing novel sensor technology.
Founded 2014Cambridge, United Kingdom$21Mlast round Nov 2026QLM Technology is a UK-based photonics technology company founded in 2017, specializing in advanced quantum gas lidar systems for detecting and quantifying gree
Founded 2017Paignton, United Kingdom$19Mlast round Sept 2025Spectricity is a fabless semiconductor company based in Mechelen, Belgium, specializing in miniaturized multispectral and hyperspectral sensing solutions.
Founded 2018Mechelen, Belgium$17Mlast round Aug 2021IPercept Technology AB is a B2B industrial software and services company based in Stockholm, Sweden, founded in 2019.
Founded 2019Stockholm, Sweden$17Mlast round Sept 2026ZiFiSense 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 2016Cambridge, United Kingdom$16Mlast round Feb 2022We design, develop and deploy hydrogen- powered uncrewed surface vessels (H-USVs)
Founded 2020Plymouth, United Kingdom$15Mlast round Sept 2026Pony is a service that allows to easily make reservations for wedding parties, town halls, and love events nationwide.
Founded 2017France$14Mlast round Sept 2024Wormsensing is a French technology company based in Grenoble, specializing in advanced vibration sensing solutions and strain sensors.
Founded 2020Grenoble, France$14Mlast round Nov 2026Fotokite is a Swiss deep-tech startup founded in 2014, originating from ETH Zurich.
Founded 2014Zurich, Switzerland$12Mlast round Apr 2024CSignum is a Scottish technology company based in Bathgate, West Lothian, founded in 2020.
Founded 2020Bathgate, United Kingdom$12Mlast round Sept 2026Inuru GmbH is a German-Polish high-tech company based in Berlin, specializing in printed OLED (Organic Light Emitting Diode) technology.
Founded 2016Berlin, Germany$10Mlast round Oct 2023Sensorberg is a Berlin-based Proptech and IoT company founded in 2013.
Founded 2013Berlin, Germany$9.3Mlast round Oct 2021VoxelSensors is a Belgian deep-tech semiconductor startup founded in 2020 and based in Brussels.
Founded 2020Brussels, Belgium$8.7Mlast round May 2025Aloxy offers an industrial internet of things solution for the industry to monitor manual valve position.
Founded 2017Antwerpen, Belgium$8.1Mlast round Mar 2025Sensolus is a Belgian Industrial Internet of Things (IIoT) company founded in 2013 in Ghent.
Founded 2013Ghent, Belgium$7.4Mlast round Oct 2020SportIQ is a leading sports technology company based in Helsinki, Finland, founded in 2008.
Founded 2008Helsinki, Finland$6.2Mlast round Feb 2026Apogeo Space is a pioneering private Italian company focused on building a picosatellite constellation in Low Earth Orbit (LEO) to deliver affordable global Int
Founded 2015Brescia, Italy$5.3Mlast round May 2022measurable.energy is a UK-based clean-tech and PropTech company that focuses on AI-driven plug load management and energy efficiency solutions for commercial bu
Founded 2018Reading, United Kingdom$5.2Mlast round Aug 2025AGATE Sensors is a Finnish deep-tech startup founded in 2024, specializing in hyperspectral sensing technology.
Founded 2024Esbo, Finland$4.7Mlast round Sept 2025Davra develops a SaaS-based platform that offers Internet of Things solutions for the transportation, healthcare and manufacturing industries.
Founded 2009Sunnyvale, Ireland$3.6Mlast round Nov 2015Second Sight is an automated management system for building management.
Founded 2022Basingstoke, United Kingdom$3.0Mlast round Jun 2023Omniflow is a technology company based in Porto, Portugal, focused on developing sustainable smart city solutions.
Founded 2012Porto, Portugal$2.8Mlast round Sept 2025Les changements de ces dernières années (quête de sens, télétravail / flex office, sobriété...) poussent les entreprises à se réinventer pour faire revenir les
Founded 2019Labege, France$2.8Mlast round Oct 2023Watly offers a solar hub that combines a water purifier/desalinator and an electric power station.
Founded 2013Hồ Chí Minh, Ireland$2.7Mlast round Aug 2015Percepio® is a Swedish technology company based in Västerås, specializing in software observability tools for embedded and IoT systems.
Founded 2009Vaesteras, Sweden$2.3Mlast round Jun 2020Servitly Srl is an Italian technology startup founded in 2018 and based in Lomazzo, Lombardy.
Founded 2019Lomazzo, Italy$2.3Mlast round Jun 2022Withthegrid is a Dutch technology company founded in 2016 and headquartered in Utrecht, Netherlands.
Founded 2016Utrecht, Netherlands$2.2Mlast round Mar 2025DuraMon is a Swiss technology company founded in August 2021 as a spin-off from ETH Zurich.
Founded 2019Zurich, Switzerland$1.8Mlast round Mar 2025Zaphiro has developed a real-time monitoring and automation system that enhances the efficiency and profitability of grid operations.
Founded -Ecublens, Switzerland$1.5Mlast round Aug 2023Kwan-tek is a French deeptech company based in Plœmeur, Brittany, specializing in high-precision measurement systems utilizing diamond quantum sensor technology.
Founded 2020Ploemeur, France$1.3Mlast round Sept 2024danalto is a Dublin-based company founded in 2017 that specializes in positioning intelligence and massive-scale IoT asset tracking for enterprises.
Founded 2017Dublin, Ireland$1.2Mlast round Mar 2021GreenSpider develops Internet of Things technology for mobility applications.
Founded 2013Munich, Germany$1.2Mlast round Mar 2017QSensAto is a quantum sensing company specializing in the development and research of integrated vapor cells and quantum atomic sensors.
Founded -Bari, Italy$1.1Mlast round Sept 2026to be is an online studio space that enables individuals to collage, create, share, and collaborate in open virtual fields.
Founded 1999Italy$983Klast round Dec 2023IoT Deployment platform
Founded 2018United Kingdom$724Klast round Dec 2022Oliver is an interior product manufacturing company that makes sofas and chairs.
Founded 1967Spain$648Klast round Mar 2022Spotta is a technology startup based in Cambridge, UK, founded in 2018.
Founded 2018Cambridge, United Kingdom$647Klast round Jul 2025SensorX Solutions is a Swiss climate-tech and deep-tech company founded in 2023 and based in Sarnen, Switzerland, with additional locations in the U.S., India,
Founded -Sarnen, Switzerland$622Klast round Dec 2025Companies whose funding rounds we classed as this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.
Open any company for its rounds and investors, or search the investors who back IoT startups in Europe in the app, with filters, lists and exports.
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FSQIoT startups worldwide166 companies · $5.2B
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BIoT startups in the United States59 companies · $2.4B
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HQIoT startups that raised in 202638 companies · $2.2B in 2026
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QTIoT startups in the United Kingdom14 companies · $164M
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OSIoT startups founded in 201914 companies · $311M
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MIoT startups founded in 201813 companies · $189M
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TIoT startups founded in 202012 companies · $121MQ
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MMIoT startups in Australia11 companies · $654M
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NHHealth startups in Europe3,025 companies · $29B
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CSBiotech startups in Europe1,665 companies · $22B
NGBig data startups in Europe964 companies · $31B
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CGEnergy providers startups in Europe953 companies · $41B
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SClimate tech startups in Europe756 companies · $25B
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FCFintech startups in Europe749 companies · $30B
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YCustomer service startups in Europe720 companies · $13BN
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TTransport startups in Europe697 companies · $28B