Top list · Worldwide
12 IoT startups founded in 2020 have raised money in rounds we track. These are the 12 that have raised the most, $121M between them, with the United States the most common home.
Arkeus is a defense technology company based in Port Melbourne, Victoria, Australia, founded in 2020 by Simon Olsen and Jon Nebauer.
Founded 2020Melbourne, Australia$27Mlast round May 2026Aeterlink is a manufacturer and developer of wireless devices.
Founded 2020Japan$24Mlast round Sept 2026TagNTrac is an IoT platform that provides integrating multimode technologies typically hardware, software and data to build solutions.
Founded 2020United States$17Mlast round Apr 2026We design, develop and deploy hydrogen- powered uncrewed surface vessels (H-USVs)
Founded 2020Plymouth, United Kingdom$15Mlast round Sept 2026Wormsensing is a French technology company based in Grenoble, specializing in advanced vibration sensing solutions and strain sensors.
Founded 2020Grenoble, France$14Mlast round Nov 2026CSignum is a Scottish technology company based in Bathgate, West Lothian, founded in 2020.
Founded 2020Bathgate, United Kingdom$12Mlast round Sept 2026VoxelSensors is a Belgian deep-tech semiconductor startup founded in 2020 and based in Brussels.
Founded 2020Brussels, Belgium$8.7Mlast round May 2025Hohonu is a climate technology startup based in Honolulu, Hawaii, focused on providing localized environmental data to support communities in adapting to climate change.
Founded 2020Honolulu, United States$1.8Mlast round Apr 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 2024Open the door to deliveries.
Founded 2020South Melbourne, Australia$705Klast round May 2022iotSymphony is a cloud based software platform that transforms IoT data into real-time actions in operational business systems
Founded 2020Salt Lake City, United States$250Klast round Jun 2022Qrio is an online quizzing platform that provides an E-learning solution for all the questions and curiosity of users.
Founded 2020Tokyo$233Klast round Aug 2016Companies founded in 2020 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.
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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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SIoT startups in Europe58 companies · $1.2B
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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 · $189MQ
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MMIoT startups in Australia11 companies · $654M
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RPHealth startups worldwide12,811 companies · $81B
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XAI startups worldwide10,238 companies · $830B
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RPBiotech startups worldwide7,127 companies · $70B
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FTBig data startups worldwide3,812 companies · $220BAF
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SFintech startups worldwide3,200 companies · $94B
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BAI startups that raised in 20262,922 companies · $540B in 2026
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PEnergy providers startups worldwide2,808 companies · $152B
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OMarketing tech startups worldwide2,728 companies · $28B