# Top 50 IoT Startups Worldwide by Funding (2026)

> The 50 best-funded IoT startups worldwide, ranked by total funding raised: $5.2B combined. With founding year, headquarters and each company's rounds.

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

- 1 [**Halter** Halter is an innovative agricultural technology company based in Auckland, New Zealand, founded in 2016.](https://millionrounds.com/company/halter) Halter is an innovative agricultural technology company based in Auckland, New Zealand, founded in 2016. *Founded* 2016 Auckland, New Zealand **$689M** last round Mar 2026
- 2 [**Flock Safety** Flock Safety develops security solutions using automated license plate recognition (ALPR) cameras.](https://millionrounds.com/company/flock-safety) Flock Safety develops security solutions using automated license plate recognition (ALPR) cameras. *Founded* 2017 Atlanta, United States **$485M** last round Apr 2026
- 3 [**Q-CTRL**](https://millionrounds.com/company/q-ctrl) *Founded* - Australia **$364M** last round Nov 2026
- 4 [**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
- 5 [**Hubble Network** Hubble Network is a Seattle-based space technology and telecommunications company founded in 2021.](https://millionrounds.com/company/hubble-network) Hubble Network is a Seattle-based space technology and telecommunications company founded in 2021. *Founded* 2021 Seattle, United States **$270M** last round Sept 2026
- 6 [**Tractian** Tractian is a machine intelligence company that offers industrial monitoring systems.](https://millionrounds.com/company/tractian) Tractian is a machine intelligence company that offers industrial monitoring systems. *Founded* 2019 Atlanta, Brazil **$250M** last round Oct 2026
- 7 [**BlueWave** BlueWave's vision is to protect our planet by transforming access to renewable energy.](https://millionrounds.com/company/bluewave) BlueWave's vision is to protect our planet by transforming access to renewable energy. *Founded* 2010 Boston, United States **$247M** last round Sept 2025
- 8 [**Wiliot** Wiliot is a startup based in Caesarea, Israel, with a business development presence in San Diego, US.](https://millionrounds.com/company/wiliot) Wiliot is a startup based in Caesarea, Israel, with a business development presence in San Diego, US. *Founded* 2017 San Diego, United States **$235M** last round Jul 2021
- 9 [**Armis Security** Armis is a developer of an asset intelligence platform to analyze endpoint behavior to identify risks and attacks.](https://millionrounds.com/company/armis-security) Armis is a developer of an asset intelligence platform to analyze endpoint behavior to identify risks and attacks. *Founded* 2015 San Francisco, United States **$200M** last round Oct 2024
- 10 [**Quartermaster** Quartermaster is a maritime technology company focused on enhancing real-time maritime domain awareness.](https://millionrounds.com/company/quartermaster) Quartermaster is a maritime technology company focused on enhancing real-time maritime domain awareness. *Founded* 2023 Arlington, United States **$183M** last round Sept 2026
- 11 [**Teradar** Teradar is a Boston-based deep-tech startup founded in 2020, specializing in terahertz (THz) vision technology.](https://millionrounds.com/company/teradar) Teradar is a Boston-based deep-tech startup founded in 2020, specializing in terahertz (THz) vision technology. *Founded* 2021 Boston, United States **$150M** last round Nov 2025
- 12 [**Yimu Tech**](https://millionrounds.com/company/yimu-tech) *Founded* - China **$148M** last round Jul 2026
- 13 [**Ayla Networks** Ayla Networks is a Silicon Valley-based provider of a full-stack Internet of Things (IoT) platform, established in 2010.](https://millionrounds.com/company/ayla-networks) Ayla Networks is a Silicon Valley-based provider of a full-stack Internet of Things (IoT) platform, established in 2010. *Founded* 2010 San Jose, United States **$144M** last round Dec 2021
- 14 [**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
- 15 [**Lumi United**](https://millionrounds.com/company/lumi-united) *Founded* - China **$115M** last round Nov 2019
- 16 [**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
- 17 [**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
- 18 [**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
- 19 [**Wint**](https://millionrounds.com/company/wint) *Founded* - Sweden **$71M** last round Sept 2026
- 20 [**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
- 21 [**Eyeo**](https://millionrounds.com/company/eyeo) *Founded* - Netherlands **$64M** last round May 2026
- 22 [**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
- 23 [**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
- 24 [**Finite State** Finite State is a cybersecurity company based in Columbus, Ohio, founded in 2017.](https://millionrounds.com/company/finite-state) Finite State is a cybersecurity company based in Columbus, Ohio, founded in 2017. *Founded* 2017 Columbus, United States **$47M** last round Nov 2026
- 25 [**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
- 26 [**Tive**](https://millionrounds.com/company/tive) *Founded* - United States **$43M** last round Jan 2026
- 27 [**peaq** PEAQ Performance Centre offers 24/7 gym access, athlete coaching, recovery services, and fitness courses.](https://millionrounds.com/company/peaq) PEAQ Performance Centre offers 24/7 gym access, athlete coaching, recovery services, and fitness courses. *Founded* 2015 United States **$41M** last round May 2024
- 28 [**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
- 29 [**UnaBiz** UnaBiz provides IoT solutions for asset tracking and smart metering.](https://millionrounds.com/company/unabiz) UnaBiz provides IoT solutions for asset tracking and smart metering. *Founded* 2016 Singapore, Japan **$35M** last round Aug 2024
- 30 [**Eagle Wireless** Eagle Wireless is a connectivity company that specializes in secure, high-performance IoT and automotive connectivity solutions.](https://millionrounds.com/company/eagle-wireless) Eagle Wireless is a connectivity company that specializes in secure, high-performance IoT and automotive connectivity solutions. *Founded* 2025 Cleveland, United States **$30M** last round Feb 2026
- 31 [**Skylo** Skylo Technologies is a global satellite communications company based in Mountain View, California.](https://millionrounds.com/company/skylo) Skylo Technologies is a global satellite communications company based in Mountain View, California. *Founded* 2017 Mountain View, United States **$30M** last round Feb 2025
- 32 [**KODE Labs** KODE Labs is a smart building technology company based in Detroit, founded in 2017.](https://millionrounds.com/company/kode-labs) KODE Labs is a smart building technology company based in Detroit, founded in 2017. *Founded* 2017 Detroit, United States **$30M** last round Apr 2024
- 33 [**WakeCap** WakeCap is a construction technology startup founded in 2017 and based in Dubai, with additional offices in Riyadh and San Francisco.](https://millionrounds.com/company/wakecap) WakeCap is a construction technology startup founded in 2017 and based in Dubai, with additional offices in Riyadh and San Francisco. *Founded* 2017 Riyadh, Saudi Arabia **$30M** last round May 2025
- 34 [**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
- 35 [**Sensoro** Industrial IoT Solutions for for smart cities and buildings, asset tracking, energy management, and environmental monitoring.](https://millionrounds.com/company/sensoro) Industrial IoT Solutions for for smart cities and buildings, asset tracking, energy management, and environmental monitoring. *Founded* 2012 China **$28M** last round Apr 2017
- 36 [**Monogoto** Monogoto is a telecommunications company founded in 2018, specializing in software-defined connectivity as a service.](https://millionrounds.com/company/monogoto) Monogoto is a telecommunications company founded in 2018, specializing in software-defined connectivity as a service. *Founded* 2018 Los Angeles, United States **$27M** last round Oct 2024
- 37 [**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
- 38 [**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
- 39 [**Sofar Ocean** Sofar Ocean is a build accessible ocean sensing and exploration tools for ocean enthusiasts, industry, and conservation.](https://millionrounds.com/company/sofar-ocean) Sofar Ocean is a build accessible ocean sensing and exploration tools for ocean enthusiasts, industry, and conservation. *Founded* 2016 San Francisco, United States **$22M** last round Dec 2024
- 40 [**Strella** Strella is an AI-powered customer research platform that streamlines the process of gathering and analyzing qualitative customer insights.](https://millionrounds.com/company/strella) Strella is an AI-powered customer research platform that streamlines the process of gathering and analyzing qualitative customer insights. *Founded* 2023 New York, United States **$22M** last round Oct 2025
- 41 [**FarmBot**](https://millionrounds.com/company/farmbot) *Founded* - Australia **$22M** last round Aug 2026
- 42 [**Andium** Andium is an Industrial Internet of Things (IIoT) company based in New York, NY.](https://millionrounds.com/company/andium) Andium is an Industrial Internet of Things (IIoT) company based in New York, NY. *Founded* 2014 New York, United States **$22M** last round Nov 2024
- 43 [**Rachio** Rachio is a software and hardware company that focuses on improving the water efficiency of homes.](https://millionrounds.com/company/rachio) Rachio is a software and hardware company that focuses on improving the water efficiency of homes. *Founded* 2012 Denver, United States **$21M** last round Mar 2018
- 44 [**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
- 45 [**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
- 46 [**Silvair** Silvair offers interoperable wireless solution for lighting control.](https://millionrounds.com/company/silvair) Silvair offers interoperable wireless solution for lighting control. *Founded* 2013 San Francisco, United States **$19M** last round Jun 2017
- 47 [**Falcomm** Falcomm is a fabless semiconductor chip startup developing ultra-efficient front-end modules and power amplifiers for the 5G mmWave market.](https://millionrounds.com/company/falcomm) Falcomm is a fabless semiconductor chip startup developing ultra-efficient front-end modules and power amplifiers for the 5G mmWave market. *Founded* 2021 Atlanta, United States **$18M** last round Jul 2026
- 48 [**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
- 49 [**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
- 50 [**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

**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 worldwide 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)

[*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)[*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)