# Top 50 IoT Startups in Europe by Funding (2026)

> The 50 best-funded IoT startups in Europe, ranked by total funding raised: $1.2B combined. With founding year, headquarters and each company's rounds.

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

- 1 [**Onodrim Industries** Onodrim Industries is a tech company that focuses on mission-critical systems across defence manufacturing, advanced sensing.](https://millionrounds.com/company/onodrim-industries) Onodrim Industries is a tech company that focuses on mission-critical systems across defence manufacturing, advanced sensing. *Founded* - Amsterdam, Netherlands **$347M** last round Nov 2026
- 2 [**KONUX** KONUX is a German scale-up based in Munich, specializing in Artificial Intelligence (AI) and the Internet of Things (IoT).](https://millionrounds.com/company/konux) KONUX is a German scale-up based in Munich, specializing in Artificial Intelligence (AI) and the Internet of Things (IoT). *Founded* 2014 Muenchen, Germany **$122M** last round Mar 2024
- 3 [**Sateliot** Sateliot is a satellite telecom operator offering global continuous IoT connectivity under 5G protocol from a LEO satellite constellation](https://millionrounds.com/company/sateliot) Sateliot is a satellite telecom operator offering global continuous IoT connectivity under 5G protocol from a LEO satellite constellation *Founded* 2018 Barcelona, Spain **$75M** last round Mar 2025
- 4 [**Wint**](https://millionrounds.com/company/wint) *Founded* - Sweden **$71M** last round Sept 2026
- 5 [**Relayr** Relayr enables device manufacturers, app developers, and software companies to leverage the power of the internet of things.](https://millionrounds.com/company/relayr) Relayr enables device manufacturers, app developers, and software companies to leverage the power of the internet of things. *Founded* 2013 Netherlands **$67M** last round Feb 2018
- 6 [**Eyeo**](https://millionrounds.com/company/eyeo) *Founded* - Netherlands **$64M** last round May 2026
- 7 [**FLOLIVE** FLOLIVE® is a global technology company based in London, specializing in cloud-native, software-defined mobile core infrastructure for the Internet of Things (IoT).](https://millionrounds.com/company/flolive) FLOLIVE® is a global technology company based in London, specializing in cloud-native, software-defined mobile core infrastructure for the Internet of Things (IoT). *Founded* 2015 London, United Kingdom **$56M** last round Sept 2025
- 8 [**Optics11** Maritime Defense and Energy Solutions](https://millionrounds.com/company/optics11) Maritime Defense and Energy Solutions *Founded* 2011 Amsterdam, Netherlands **$56M** last round Nov 2026
- 9 [**Stenon** Stenon is a leading agtech company based in Potsdam, Germany, specializing in real-time digital soil data.](https://millionrounds.com/company/stenon) Stenon is a leading agtech company based in Potsdam, Germany, specializing in real-time digital soil data. *Founded* 2018 Potsdam, Germany **$41M** last round Oct 2026
- 10 [**Haltian** Haltian is a global Internet of Things (IoT) company based in Oulu, Finland, founded in 2012 by former Nokia engineers.](https://millionrounds.com/company/haltian) Haltian is a global Internet of Things (IoT) company based in Oulu, Finland, founded in 2012 by former Nokia engineers. *Founded* 2012 Oulu, Finland **$29M** last round Apr 2023
- 11 [**Silicon MicroGravity** Silicon MicroGravity is a company developing novel sensor technology.](https://millionrounds.com/company/silicon-microgravity) Silicon MicroGravity is a company developing novel sensor technology. *Founded* 2014 Cambridge, United Kingdom **$21M** last round Nov 2026
- 12 [**QLM Technology** QLM Technology is a UK-based photonics technology company founded in 2017, specializing in advanced quantum gas lidar systems for detecting and quantifying gree](https://millionrounds.com/company/qlm-technology) QLM Technology is a UK-based photonics technology company founded in 2017, specializing in advanced quantum gas lidar systems for detecting and quantifying gree *Founded* 2017 Paignton, United Kingdom **$19M** last round Sept 2025
- 13 [**Spectricity** Spectricity is a fabless semiconductor company based in Mechelen, Belgium, specializing in miniaturized multispectral and hyperspectral sensing solutions.](https://millionrounds.com/company/spectricity) Spectricity is a fabless semiconductor company based in Mechelen, Belgium, specializing in miniaturized multispectral and hyperspectral sensing solutions. *Founded* 2018 Mechelen, Belgium **$17M** last round Aug 2021
- 14 [**IPercept** IPercept Technology AB is a B2B industrial software and services company based in Stockholm, Sweden, founded in 2019.](https://millionrounds.com/company/ipercept) IPercept Technology AB is a B2B industrial software and services company based in Stockholm, Sweden, founded in 2019. *Founded* 2019 Stockholm, Sweden **$17M** last round Sept 2026
- 15 [**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
- 16 [**ACUA Ocean** We design, develop and deploy hydrogen- powered uncrewed surface vessels (H-USVs)](https://millionrounds.com/company/acua-ocean) We design, develop and deploy hydrogen- powered uncrewed surface vessels (H-USVs) *Founded* 2020 Plymouth, United Kingdom **$15M** last round Sept 2026
- 17 [**resin.io**](https://millionrounds.com/company/resin-io) *Founded* - United Kingdom **$15M** last round Jun 2016
- 18 [**Pony** Pony is a service that allows to easily make reservations for wedding parties, town halls, and love events nationwide.](https://millionrounds.com/company/pony) Pony is a service that allows to easily make reservations for wedding parties, town halls, and love events nationwide. *Founded* 2017 France **$14M** last round Sept 2024
- 19 [**WORMSENSING** Wormsensing is a French technology company based in Grenoble, specializing in advanced vibration sensing solutions and strain sensors.](https://millionrounds.com/company/wormsensing) Wormsensing is a French technology company based in Grenoble, specializing in advanced vibration sensing solutions and strain sensors. *Founded* 2020 Grenoble, France **$14M** last round Nov 2026
- 20 [**Fotokite** Fotokite is a Swiss deep-tech startup founded in 2014, originating from ETH Zurich.](https://millionrounds.com/company/fotokite) Fotokite is a Swiss deep-tech startup founded in 2014, originating from ETH Zurich. *Founded* 2014 Zurich, Switzerland **$12M** last round Apr 2024
- 21 [**CSignum** CSignum is a Scottish technology company based in Bathgate, West Lothian, founded in 2020.](https://millionrounds.com/company/csignum) CSignum is a Scottish technology company based in Bathgate, West Lothian, founded in 2020. *Founded* 2020 Bathgate, United Kingdom **$12M** last round Sept 2026
- 22 [**Inuru** Inuru GmbH is a German-Polish high-tech company based in Berlin, specializing in printed OLED (Organic Light Emitting Diode) technology.](https://millionrounds.com/company/inuru) Inuru GmbH is a German-Polish high-tech company based in Berlin, specializing in printed OLED (Organic Light Emitting Diode) technology. *Founded* 2016 Berlin, Germany **$10M** last round Oct 2023
- 23 [**Sensorberg** Sensorberg is a Berlin-based Proptech and IoT company founded in 2013.](https://millionrounds.com/company/sensorberg) Sensorberg is a Berlin-based Proptech and IoT company founded in 2013. *Founded* 2013 Berlin, Germany **$9.3M** last round Oct 2021
- 24 [**VoxelSensors** VoxelSensors is a Belgian deep-tech semiconductor startup founded in 2020 and based in Brussels.](https://millionrounds.com/company/voxelsensors) VoxelSensors is a Belgian deep-tech semiconductor startup founded in 2020 and based in Brussels. *Founded* 2020 Brussels, Belgium **$8.7M** last round May 2025
- 25 [**Aloxy** Aloxy offers an industrial internet of things solution for the industry to monitor manual valve position.](https://millionrounds.com/company/aloxy) Aloxy offers an industrial internet of things solution for the industry to monitor manual valve position. *Founded* 2017 Antwerpen, Belgium **$8.1M** last round Mar 2025
- 26 [**Sensolus** Sensolus is a Belgian Industrial Internet of Things (IIoT) company founded in 2013 in Ghent.](https://millionrounds.com/company/sensolus) Sensolus is a Belgian Industrial Internet of Things (IIoT) company founded in 2013 in Ghent. *Founded* 2013 Ghent, Belgium **$7.4M** last round Oct 2020
- 27 [**SportIQ** SportIQ is a leading sports technology company based in Helsinki, Finland, founded in 2008.](https://millionrounds.com/company/sportiq) SportIQ is a leading sports technology company based in Helsinki, Finland, founded in 2008. *Founded* 2008 Helsinki, Finland **$6.2M** last round Feb 2026
- 28 [**Apogeo Space** Apogeo Space is a pioneering private Italian company focused on building a picosatellite constellation in Low Earth Orbit (LEO) to deliver affordable global Int](https://millionrounds.com/company/apogeo-space) Apogeo Space is a pioneering private Italian company focused on building a picosatellite constellation in Low Earth Orbit (LEO) to deliver affordable global Int *Founded* 2015 Brescia, Italy **$5.3M** last round May 2022
- 29 [**Measurable.energy** measurable.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](https://millionrounds.com/company/measurable-energy) measurable.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* 2018 Reading, United Kingdom **$5.2M** last round Aug 2025
- 30 [**Agate Sensors** AGATE Sensors is a Finnish deep-tech startup founded in 2024, specializing in hyperspectral sensing technology.](https://millionrounds.com/company/agate-sensors) AGATE Sensors is a Finnish deep-tech startup founded in 2024, specializing in hyperspectral sensing technology. *Founded* 2024 Esbo, Finland **$4.7M** last round Sept 2025
- 31 [**Davra Networks** Davra develops a SaaS-based platform that offers Internet of Things solutions for the transportation, healthcare and manufacturing industries.](https://millionrounds.com/company/davra-networks) Davra develops a SaaS-based platform that offers Internet of Things solutions for the transportation, healthcare and manufacturing industries. *Founded* 2009 Sunnyvale, Ireland **$3.6M** last round Nov 2015
- 32 [**NanoStruct**](https://millionrounds.com/company/nanostruct) *Founded* - Germany **$3.1M** last round May 2026
- 33 [**Second Sight** Second Sight is an automated management system for building management.](https://millionrounds.com/company/second-sight) Second Sight is an automated management system for building management. *Founded* 2022 Basingstoke, United Kingdom **$3.0M** last round Jun 2023
- 34 [**Omniflow** Omniflow is a technology company based in Porto, Portugal, focused on developing sustainable smart city solutions.](https://millionrounds.com/company/omniflow) Omniflow is a technology company based in Porto, Portugal, focused on developing sustainable smart city solutions. *Founded* 2012 Porto, Portugal **$2.8M** last round Sept 2025
- 35 [**MerciYanis** Les changements de ces dernières années (quête de sens, télétravail / flex office, sobriété...) poussent les entreprises à se réinventer pour faire revenir les](https://millionrounds.com/company/merciyanis) Les changements de ces dernières années (quête de sens, télétravail / flex office, sobriété...) poussent les entreprises à se réinventer pour faire revenir les *Founded* 2019 Labege, France **$2.8M** last round Oct 2023
- 36 [**Watly** Watly offers a solar hub that combines a water purifier/desalinator and an electric power station.](https://millionrounds.com/company/watly) Watly offers a solar hub that combines a water purifier/desalinator and an electric power station. *Founded* 2013 Hồ Chí Minh, Ireland **$2.7M** last round Aug 2015
- 37 [**Percepio** Percepio® is a Swedish technology company based in Västerås, specializing in software observability tools for embedded and IoT systems.](https://millionrounds.com/company/percepio) Percepio® is a Swedish technology company based in Västerås, specializing in software observability tools for embedded and IoT systems. *Founded* 2009 Vaesteras, Sweden **$2.3M** last round Jun 2020
- 38 [**Servitly** Servitly Srl is an Italian technology startup founded in 2018 and based in Lomazzo, Lombardy.](https://millionrounds.com/company/servitly) Servitly Srl is an Italian technology startup founded in 2018 and based in Lomazzo, Lombardy. *Founded* 2019 Lomazzo, Italy **$2.3M** last round Jun 2022
- 39 [**Withthegrid** Withthegrid is a Dutch technology company founded in 2016 and headquartered in Utrecht, Netherlands.](https://millionrounds.com/company/withthegrid) Withthegrid is a Dutch technology company founded in 2016 and headquartered in Utrecht, Netherlands. *Founded* 2016 Utrecht, Netherlands **$2.2M** last round Mar 2025
- 40 [**DuraMon** DuraMon is a Swiss technology company founded in August 2021 as a spin-off from ETH Zurich.](https://millionrounds.com/company/duramon) DuraMon is a Swiss technology company founded in August 2021 as a spin-off from ETH Zurich. *Founded* 2019 Zurich, Switzerland **$1.8M** last round Mar 2025
- 41 [**Zaphiro Technologies** Zaphiro has developed a real-time monitoring and automation system that enhances the efficiency and profitability of grid operations.](https://millionrounds.com/company/zaphiro-technologies) Zaphiro has developed a real-time monitoring and automation system that enhances the efficiency and profitability of grid operations. *Founded* - Ecublens, Switzerland **$1.5M** last round Aug 2023
- 42 [**Kwan-tek** Kwan-tek is a French deeptech company based in Plœmeur, Brittany, specializing in high-precision measurement systems utilizing diamond quantum sensor technology.](https://millionrounds.com/company/kwan-tek) Kwan-tek is a French deeptech company based in Plœmeur, Brittany, specializing in high-precision measurement systems utilizing diamond quantum sensor technology. *Founded* 2020 Ploemeur, France **$1.3M** last round Sept 2024
- 43 [**Danalto** danalto is a Dublin-based company founded in 2017 that specializes in positioning intelligence and massive-scale IoT asset tracking for enterprises.](https://millionrounds.com/company/danalto) danalto is a Dublin-based company founded in 2017 that specializes in positioning intelligence and massive-scale IoT asset tracking for enterprises. *Founded* 2017 Dublin, Ireland **$1.2M** last round Mar 2021
- 44 [**GreenSpider** GreenSpider develops Internet of Things technology for mobility applications.](https://millionrounds.com/company/greenspider) GreenSpider develops Internet of Things technology for mobility applications. *Founded* 2013 Munich, Germany **$1.2M** last round Mar 2017
- 45 [**QSENSATO** QSensAto is a quantum sensing company specializing in the development and research of integrated vapor cells and quantum atomic sensors.](https://millionrounds.com/company/qsensato) QSensAto is a quantum sensing company specializing in the development and research of integrated vapor cells and quantum atomic sensors. *Founded* - Bari, Italy **$1.1M** last round Sept 2026
- 46 [**To Be** to be is an online studio space that enables individuals to collage, create, share, and collaborate in open virtual fields.](https://millionrounds.com/company/to-be) to be is an online studio space that enables individuals to collage, create, share, and collaborate in open virtual fields. *Founded* 1999 Italy **$983K** last round Dec 2023
- 47 [**Daizy Tech** IoT Deployment platform](https://millionrounds.com/company/daizy-tech) IoT Deployment platform *Founded* 2018 United Kingdom **$724K** last round Dec 2022
- 48 [**Oliver** Oliver is an interior product manufacturing company that makes sofas and chairs.](https://millionrounds.com/company/oliver) Oliver is an interior product manufacturing company that makes sofas and chairs. *Founded* 1967 Spain **$648K** last round Mar 2022
- 49 [**Spotta** Spotta is a technology startup based in Cambridge, UK, founded in 2018.](https://millionrounds.com/company/spotta) Spotta is a technology startup based in Cambridge, UK, founded in 2018. *Founded* 2018 Cambridge, United Kingdom **$647K** last round Jul 2025
- 50 [**SensorX Solutions** SensorX 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,](https://millionrounds.com/company/sensorx-solutions) SensorX 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 **$622K** last round Dec 2025

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies 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.

## Who backed them?

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.

[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* *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)[*Q* *IT* *MM* **IoT startups in Australia** 11 companies · $654M](https://millionrounds.com/top-lists/iot-startups-australia)

## More lists for Europe

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

[*IL* *O* *NH* **Health startups in Europe** 3,025 companies · $29B](https://millionrounds.com/top-lists/health-startups-europe)[*IL* *NH* *CS* **Biotech startups in Europe** 1,665 companies · $22B](https://millionrounds.com/top-lists/biotech-startups-europe)[*MA* *N* *NG* **Big data startups in Europe** 964 companies · $31B](https://millionrounds.com/top-lists/big-data-startups-europe)[*V* *S* *CG* **Energy providers startups in Europe** 953 companies · $41B](https://millionrounds.com/top-lists/energy-providers-startups-europe)[*S* *EP* *S* **Climate tech startups in Europe** 756 companies · $25B](https://millionrounds.com/top-lists/climate-tech-startups-europe)[*S* *K* *FC* **Fintech startups in Europe** 749 companies · $30B](https://millionrounds.com/top-lists/fintech-startups-europe)[*A* *CI* *Y* **Customer service startups in Europe** 720 companies · $13B](https://millionrounds.com/top-lists/customer-service-startups-europe)[*N* *W* *T* **Transport startups in Europe** 697 companies · $28B](https://millionrounds.com/top-lists/transport-startups-europe)