Top 10 Internet Of Things Capital Raises and Investors in the U.S. – June 1st-30th, 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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- Kognitiv Spark, interactive 3D worker assistance wearable that leverages the power of mixed reality to assist front-line workers, received development capital from TLT East Ventures.
Merger/Acquisition
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- Greenwave Systems, mobile network platform that builds a mobile virtual network connectivity, was acquired by Axon Networks.
- Sound Components, home automation services for residential and commercial entertainment, was acquired by Audio Advice.
Later Stage VC
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- Hygge Power, home energy system that assists consumers in saving money, raised venture funding from Idea Well Capital Partners.
- MakuSafe, connected worker technology system that improves worker health, safety, and productivity while reducing incidents and mitigating workplace hazards and risk exposures, raised $12.02 million of venture funding.
- Worlds (Business/Productivity Software), AI-driven physical environment monitoring platform that helps large enterprises instrument, understand, and manage real-world operations in real time using existing cameras and sensors, raised $7.33 million through a combination of Series A-3 and Series A-4 venture funding from PETRONAS Ventures, and other investors.
Early Stage VC
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- Cheers (Business/Productivity Software), in-person business management platform for managing customer interaction, raised venture funding from Transpose Platform Management.
- Enerco Electrical, electrical services for residential and commercial applications, raised venture funding from YLZ Investments.
Seed
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- Simply Agnostic Controls, HVAC control and automation platform that monitors the operation of commercial building systems, raised $250,000 of seed funding in the form of SAFE notes from Antler and other investors.
- SitePulse AI, location intelligence and foot traffic data platform that provides behavioral and demographic insights for physical locations, raised $1 million of seed funding.
#castleplacement #capitalraising #privateequity #venturecapital #investment #Internet Of Things #IoT
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 Reijmers
Managing 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.
