Top 10 Internet Of Things Capital Raises and Investors in the U.S. – August 1st-31st, 2026
Several interesting transactions closed in the Internet Of Things sector over the past month. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
PE Growth/Expansion
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- OptConnecta, wireless connectivity services that offers simple, easy, and reliable services for connecting unattended equipment to the internet via cellular, received development capital from Pantheon International.
Merger/Acquisition
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- Azure Access Technology, an open-architecture access control hardware platform that simplifies software integration, was acquired by Dormakaba.
- MaintainX, a work order and procedure digitization platform that empowers frontline workers with a mobile-first digitized workflow, was acquired by Autodesk for $3.6 billion.
Later Stage VC
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- Buzz Solutions, an infrastructure inspection software that automates the analysis of visual data for power utilities, raised $20 million of Series A venture funding in a deal led by S3 Ventures.
- Flexxbotics, a digital technology for Industrial AI for smart factory autonomy at scale, raised $5.89 million of Series A venture funding from Momenta Ventures and other investors.
- oneNav, a mobile positioning system for smartphones, wearables, and IoT tracking devices, raised $29.70 million through a combination of Series C and Series C1.
- Care Daily, an ambient operating system that brings longevity, property protection, energy, and security into one platform, raised venture funding from AgeTech Capital.
- Standard AI, an autonomous checkout technology that streamlines operations for brick-and-mortar retailers, raised $1 million of venture funding.
- Wavelogix, a sensing system that digitizes the construction industry, raised $430,000 of venture funding in the form of SAFE notes.
Seed
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- CYNC (Recreational Goods), a smart golf equipment that provides real-time putting performance analytics, raised $5.3 million of seed funding.
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Axel Reijmers
Managing Director
Former Head of Corporate Finance M&A Americas for the Royal Bank of Scotland and ABN AMRO Bank, based in New York. Began his career at ABN AMRO Bank in Japan, and subsequently in The Netherlands in the Corporate Finance department. Was seconded to New York in 2006 to co-establish the ABN AMRO North America Corporate Finance M&A department and grew it by advising medium and large companies on domestic and cross-border mergers, acquisitions, capital raisings and capital structurings. Led the management buyout of RBS Bank Mexico and RBS Broker-Dealer Mexico in 2014 and spearheaded the subsequent growth of the bank as Head of Investment Banking & Corporate Development. During his tenure he supported companies with capital and financing solutions with a focus on companies in the US and Mexican energy infrastructure sector and fintech sector. Holds a master’s degree in economics from Groningen University, The Netherlands. Holds FINRA Series 7 and 63 licenses.
- Email: areijmers@castleplacement.com
- (C) (201) 747-4718
 Axel ReijmersManaging Director |
Please contact me if you have any questions or would like to discuss your capital raise:
Email: areijmers@castleplacement.com
(C) (201) 747-4718
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Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement® does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
