# Top 12 IoT Startups Founded in 2020 by Funding (2026)

> The 12 best-funded IoT startups founded in 2020, ranked by total funding raised: $121M combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/iot-startups-founded-2020 (Millionrounds; every figure on the page links to its filing or article)

- 1 [**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
- 2 [**Aeterlink** Aeterlink is a manufacturer and developer of wireless devices.](https://millionrounds.com/company/aeterlink) Aeterlink is a manufacturer and developer of wireless devices. *Founded* 2020 Japan **$24M** last round Sept 2026
- 3 [**TagNTrac** TagNTrac is an IoT platform that provides integrating multimode technologies typically hardware, software and data to build solutions.](https://millionrounds.com/company/tagntrac) TagNTrac is an IoT platform that provides integrating multimode technologies typically hardware, software and data to build solutions. *Founded* 2020 United States **$17M** last round Apr 2026
- 4 [**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
- 5 [**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
- 6 [**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
- 7 [**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
- 8 [**Hohonu** Hohonu is a climate technology startup based in Honolulu, Hawaii, focused on providing localized environmental data to support communities in adapting to climate change.](https://millionrounds.com/company/hohonu) Hohonu is a climate technology startup based in Honolulu, Hawaii, focused on providing localized environmental data to support communities in adapting to climate change. *Founded* 2020 Honolulu, United States **$1.8M** last round Apr 2023
- 9 [**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
- 10 [**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
- 11 [**iotSymphony** iotSymphony is a cloud based software platform that transforms IoT data into real-time actions in operational business systems](https://millionrounds.com/company/iotsymphony) iotSymphony is a cloud based software platform that transforms IoT data into real-time actions in operational business systems *Founded* 2020 Salt Lake City, United States **$250K** last round Jun 2022
- 12 [**Qrio** Qrio is an online quizzing platform that provides an E-learning solution for all the questions and curiosity of users.](https://millionrounds.com/company/qrio) Qrio is an online quizzing platform that provides an E-learning solution for all the questions and curiosity of users. *Founded* 2020 Tokyo **$233K** last round Aug 2016

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies 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.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back IoT startups founded in 2020 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)[*Q* *IT* *MM* **IoT startups in Australia** 11 companies · $654M](https://millionrounds.com/top-lists/iot-startups-australia)

## More lists worldwide

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

[*GV* *V* *RP* **Health startups worldwide** 12,811 companies · $81B](https://millionrounds.com/top-lists/health-startups)[*O* *A* *X* **AI startups worldwide** 10,238 companies · $830B](https://millionrounds.com/top-lists/ai-startups)[*GV* *V* *RP* **Biotech startups worldwide** 7,127 companies · $70B](https://millionrounds.com/top-lists/biotech-startups)[*D* *B* *FT* **Big data startups worldwide** 3,812 companies · $220B](https://millionrounds.com/top-lists/big-data-startups)[*AF* *R* *S* **Fintech startups worldwide** 3,200 companies · $94B](https://millionrounds.com/top-lists/fintech-startups)[*O* *A* *B* **AI startups that raised in 2026** 2,922 companies · $540B in 2026](https://millionrounds.com/top-lists/ai-startups-raised-2026)[*FT* *CE* *P* **Energy providers startups worldwide** 2,808 companies · $152B](https://millionrounds.com/top-lists/energy-providers-startups)[*A* *P* *O* **Marketing tech startups worldwide** 2,728 companies · $28B](https://millionrounds.com/top-lists/marketing-tech-startups)