Best Internet of Things - Industry Applications Companies in Belgium
The 158 best Internet of Things - Industry Applications companies in Belgium in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Nyxoah.
Belgium's Internet of Things - Industry Applications sector has 158 tracked companies and $517M in disclosed funding behind them. That's real capital, not rounding noise. Nyxoah leads the field at $89M raised, with I-Care at $49M and Sunrise at $24M showing you the tier just below. Together those three alone account for roughly a third of total disclosed funding across the directory. So when someone asks whether Belgium has genuine IoT depth, the answer's in the numbers.
What I find telling is how the funding distribution thins fast after the top handful. Azumuta sits at $3M, RunEASI at $1M, and Nobi at $15M, which maps a sector still consolidating around a few funded bets while dozens of earlier-stage players build beneath them. Median install growth of roughly 13% year-over-year across internet-adjacent app categories suggests demand is pulling, not just being pushed. Coverage of Belgium's IoT-industrial space is expanding, with hardware intelligence and audio processing infrastructure emerging as hot build areas. The investors backing this cohort, Europa, imec.istart, Start it @KBC, PMV, and Sambrinvest, are active across multiple portfolio companies, which means the funding infrastructure is at least as important as any single deal.
Our analysis of 184 Internet of Things - Industry Applications companies
$13.9b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Internet of Things - Industry Applications companies in Belgium
| # | Company | Disclosed funding | Last round | Stage | Employees | Founded | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Nyxoah Provider of a neurostimulation device for obstructive sleep apnea treatments | $89M | 6 mo ago | Public | 11 | 2009 | Top 10M | 258 patents Implantable neurostimulation devices for treating obstructive sleep apnea. | 1 partnership · 1 award |
| 2 | Indigo Needle free glucose monitoring technology | $53M | 32 mo ago | Series B | 33 33 → 34 (+3%) · sector median +20% | 2016 | Top 50M | — | — |
| 3 | I-Care Provider of predictive maintenance solutions | $49M | 5 mo ago | Series C | 5 | 2004 | Top 5M | — | — |
| 4 | SmartNodes Provider of mesh-enabled smart street lighting solutions | $35M | 129 mo ago | Acquired | 25 | 2014 | — | — | — |
| 5 | e-peas Developer of power management integrated circuits for energy harvesting applications | $32M | 27 mo ago | Series C | 15 | 2014 | Top 5M | 66 patents Power‑management ICs for energy harvesting, voltage conversion, and image‑zoom control | — |
| 6 | Rombit Provider of wearables and a monitoring platform for workspaces | $25M | 52 mo ago | Series B | 17 | 2012 | Top 50M | 36 patents Patents concentrated in computing, sensing & instrumentation | — |
| 7 | Sunrise Smart device and app for monitoring and managing sleep data | $24M | 8 mo ago | Series C | 12 | 2013 | Top 50M | 33 patents Sleep monitoring systems analyzing physiological signals to detect sleep stages and disturbances. | — |
| 8 | Spectricity Provider of hyperspectral imaging solutions | $24M | 58 mo ago | Series B | 20 20 → 37 (+85%) · sector median +20% | 1999 | Top 10M | 65 patents Patents concentrated in computing, sensing & instrumentation | 3 job openings |
| 9 | Noho System to monitor lymphedema care | $18M | 108 mo ago | Deadpooled | 2 | 2015 | — | — | — |
| 10 | Nobi Provider of a smart lamp for fall detection of elderly people | $15M | 16 mo ago | Series B | 12 | 2018 | Top 5M | 6 patents Smart home monitoring and safety system for elderly care | — |
| 11 | Racktivity Power management & environmental control for data centers | $13M | 160 mo ago | Deadpooled | 11 | 2009 | — | 15 patents Patents concentrated in electrical & electronics | — |
| 12 | REstore Cloud-based automated demand response program solutions | $12M | 131 mo ago | Acquired | 50 | 2010 | — | 43 patents Smart grid demand‑response and real‑time power metering analytics | — |
| 13 | Oncomfort Developer of a digital sedation device for managing pain and anxiety | $12M | 69 mo ago | Acquired | 4 | 2017 | — | 39 patents Biomedical monitoring devices measuring consciousness, pain, and anxiety via skin-contact electrodes. | — |
| 14 | Axithra Developer of a therapeutic drug monitoring platform based on optical technology | $11M | 33 mo ago | Seed | — | 2023 | Top 50M | — | — |
| 15 | Minze Health Provider of diagnosis and monitoring solution for voiding disorders | $9M | 20 mo ago | Series A | 10 | 2015 | Top 10M | — | — |
| 16 | Sitemark Provider of a platform for managing solar projects across lifecycles | $9M | 64 mo ago | Series A | 28 28 → 56 (+100%) · sector median +20% | 2016 | Top 5M | — | — |
| 17 | Peripass Provider of yard management solutions | $8M | 28 mo ago | Series A | 13 | 2016 | Top 10M | — | 3 expansions |
| 18 | Pulsify Medical Developer of an ultrasound-based cardiac health monitoring patch | $7M | 61 mo ago | Series A | 5 | 2019 | — | 21 patents Medical diagnostic ultrasound imaging systems and related electronic components | — |
| 19 | Sensolus Developer of a cloud-based cargo and asset tracking solution | $7M | 64 mo ago | Series B | 8 | 2013 | Top 5M | 10 patents Low-power IoT devices enabling cloud‑based data transmission over low‑throughput networks | 2 partnerships · 2 awards |
| 20 | Aloxy IoT solution for the petrochemical industry | $6M | 16 mo ago | Series C | 1 | 2017 | Top 50M | 9 patents IoT power consumption tracking and industrial valve state monitoring systems | 1 award |
| 21 | Kaspard Provider of wearable elderly monitoring and fall detection devices | $5M | 59 mo ago | Series A | 2 | 2017 | Top 50M | — | — |
| 22 | Iristick Developer of smart safety glasses for industrial purpose | $5M | 96 mo ago | Seed | 13 13 → 10 (-23%) · sector median +20% | 2014 | Top 50M | — | 3 launchs · 1 award |
| 23 | Avia-GIS Provider of an IoT software solution for pest management | $5M | 29 mo ago | Funding Raised | 9 | 2001 | — | — | — |
| 24 | Opinum Cloud-based platform to analyse and visualise energy and environmental data | $4M | 106 mo ago | Acquired | 11 11 → 13 (+18%) · sector median +20% | 2014 | Top 10M | — | — |
| 25 | CommuniThings Provider of smart parking solutions | $3M | 85 mo ago | Series A | 5 | 2014 | — | 6 patents Physical and logical access control systems for secure entry management | — |
| 26 | Niko Devices and mobile app for home automation application | $3M | 27 mo ago | Early Stage | — | 1919 | Top 500k | 487 patents Smart home electrical control modules integrating radar sensors and energy‑management features | — |
| 27 | NuNet Network of decentralized computing resources enabling peer-to-peer transactions and resource sharing | $3M | 51 mo ago | Funding Raised | 1 | 2019 | Top 50M | — | 6 launchs |
| 28 | Azumuta AI-based manufacturing software for production team | $3M | 7 mo ago | Series A | 6 | 2013 | Top 5M | — | 1 launch · 1 award |
| 29 | VOCSens Provider of IoT based gas sensing solutions | $3M | 55 mo ago | Seed | 4 | 2018 | — | 2 patents Multi-sensor resistive measurement and calibration for VOC detection devices | — |
| 30 | Smappee Provider of energy management and charging solutions for homes and businesses | $3M | 41 mo ago | Series A | 18 | 2012 | Top 5M | 8 patents Real-time energy monitoring and control for smart home/grid power management | — |
| 31 | Go Vocal Digital community engagement platform for local governments | $2M | 85 mo ago | Series A | 50 | 2015 | Top 5M | — | — |
| 32 | Shayp Provider of water leakage detection solution | $2M | 66 mo ago | Seed | 18 18 → 22 (+22%) · sector median +20% | 2017 | — | 3 patents Water leak detection systems for residential and commercial plumbing | — |
| 33 | BlooLoc Provider of location tracking solution | $2M | 65 mo ago | Seed | 5 | 2014 | Top 50M | — | — |
| 34 | Watcherr Provider of medical alert devices for elderly people | $2M | 35 mo ago | Seed | 3 | 2013 | — | — | — |
| 35 | Ectosense Provider of connected solutions for monitoring sleep disorders | $2M | 99 mo ago | Acquired | 9 | 2015 | — | 55 patents Non‑invasive sleep diagnostics and peripheral arterial tone monitoring devices. | — |
| 36 | Be-Mobile Smart mobility solutions to improve the daily mobility for travelers | $2M | 69 mo ago | Acquired | 95 95 → 94 (-1%) · sector median +20% | 2006 | Top 10M | 3 patents Real-time traffic state estimation and travel‑time measurement for road networks | 1 partnership · 1 award |
| 37 | Moonbird Provider of smart devices for monitoring heart rate or breathing | $2M | 55 mo ago | Seed | 6 | 2019 | Top 5M | 6 patents Respiratory guidance and monitoring devices for patient breathing support | 5 launchs |
| 38 | Ethernetics Provider of solutions to automate data center operations | $2M | 35 mo ago | Seed | 9 | 2019 | — | 8 patents Intelligent power distribution units optimizing power delivery to multi-PSU data‑center equipment | 2 partnerships |
| 39 | Waylay Provider of a cloud-based platform for IoT applications | $1M | 47 mo ago | Acquired | 18 | 2014 | Top 50M | — | — |
| 40 | Elsyca Provider of software solutions for surface finishing and electronics industry | $1M | 61 mo ago | Acquired | 15 | 1997 | Top 10M | 31 patents Patents concentrated in chemistry & materials | — |
| 41 | RunEASI Developer of software and wearable sensor for running gait analysis | $1M | 4 mo ago | Seed | 3 | 2019 | Top 10M | — | — |
| 42 | Loop Earplugs Internet-first brand offering headphones | $1M | 71 mo ago | Seed | 5 | 2017 | Top 50k | — | 1 job opening · 1 award |
| 43 | ThermoVault Provider of smart controllers for optimizing energy use in water heaters. | $600K | 72 mo ago | Funding Raised | 8 | 2017 | Top 50M | — | 1 partnership |
| 44 | Track4C End-to-end container and cargo tracking solutions provider | $519K | 141 mo ago | Acqui-Hired | 4 | 2012 | — | 3 patents Wireless IoT tracking system for real‑time container monitoring and logistics management | — |
| 45 | OpenMotics Provide automation solutions for smart homes | $409K | 80 mo ago | Funding Raised | 565 | 2007 | — | — | — |
| 46 | Zensor IoT-based monitoring for industrial assets | $280K | 39 mo ago | Seed | 12 | 2013 | Top 50M | 6 patents Smart sensor-based strain monitoring for fastened joints and mechanical assemblies | — |
| 47 | Energis Provider of data-driven energy management software | $240K | 72 mo ago | Funding Raised | 11 | 2017 | Top 50M | — | 2 partnerships |
Top 12 Internet of Things - Industry Applications companies in Belgium
#1
Public · Mont Saint Guibert, Wallonia · founded 2009 · 11 employees$88.7Mraised▾
Provider of a neurostimulation device for obstructive sleep apnea treatments. The company's product BLAST-OSA (BiLAteral Hypoglossal Nerve Stimulation for Treatment of Obstructive Sleep Apnea) is used for treating sleep apnea and calculating ODI (Oxygen Desaturation Index) and AHI (Apnea-Hypopnea Index). Its system consists of an implant and disposable patch, which stimulate the nerves of the tongue to make it move, preventing airway obstruction.
- Dec 2025Post IPO$26.4M
- Apr 2023Post IPO$3M
- Feb 2020Series C$27.3M
- Nov 2018Series B$17M
#2
Series C · Mons, Wallonia · founded 2004 · 5 employees$49Mraised▾
Provider of predictive maintenance solutions. The product offerings include Wi-care, a condition monitoring, and predictive maintenance management solution and the features of the product include vibration analysis, ultrasound analysis, advanced diagnostics, maintenance analytics, etc. The product is used in industries such as power generation, mining & extraction, transportation, process industries, food & drugs, etc.
- Dec 2025Series C$23.6M
- Sep 2022Series C$49M
- Oct 2017Grant (prize money)$379.1K
- Jan 2017Grant (prize money)$338.8K
#3
Series C · Namur, Wallonia · founded 2013 · 12 employees$23.8Mraised▾
Smart device and app for monitoring and managing sleep data. Its device is attached to the chin while sleeping to record the sleep data. The app tracks the data and analyses the patterns to diagnose obstructive sleep apnea and other conditions. It also provides insights to improve the quality of sleep based on the data.
- Sep 2025Series C$29M
- Nov 2023Series B$5.9M
- Mar 2023Series B$17.9M
- Jul 2022Grant (prize money)$2.1M
#4
Series A · Ghent, Flanders · founded 2013 · 6 employees$3Mraised▾
AI-based manufacturing software for the production team. The modules of the product include audit process & quality control, digital instructions, problem tracking, and digital training for every factory worker. The features of the product include video-based instructions, instructions in multiple languages, visual feedback, maintenance scheduling, recurring audits, etc. It is a tool available on the subscription based pricing model.
- Nov 2025Series A$9.3M
- Oct 2023Series A$2.9M
- 2016Seed$52.7K
#5
Seed · Boutersem, Flanders · founded 2019 · 3 employees$1.2Mraised▾
Developer of software and wearable sensor for running gait analysis. The software provides personalized exercise recommendations based on biomechanical data. The sensor captures movement data to identify areas for improvement. It offers real-time feedback and generates client-friendly reports. The system supports performance testing, treadmill testing, and return-to-sports programs.
- Feb 2026Seed$1.2M
#6
Series B · Antwerp, Flanders · founded 2018 · 12 employees$14.5Mraised▾
Provider of a smart lamp for fall detection of elderly people. The lamp support caregivers in a residential care center to monitor elder's and resident's fall. The integrated device can monitor blood pressure and offers automated lighting when rising from the bed. The device can continuously measurements of room temperature or air quality. The features include fall prevention, night watch, air quality monitoring, smoke & CO2 detection, and care records for body vitals.
- Jan 2025Series B$36.7M
- Jan 2022Series B$14.5M
#7
Series C · Antwerp, Flanders · founded 2017 · 1 employees$6.3Mraised▾
Aloxy, a spin-off of imec and the University of Antwerp, develops Internet of Things enabled solution for the petrochemical industry. The solution comprises of a plug-and-play device that can be attached to critical assets such as handwheel or valve lever for remotely monitoring its position, regular maintenance or the turnaround progress. The device is equipped with multiple inertial sensors that enable it to detect changes in the environmental temperature & atmospheric pressure, vibrations & movement, inclination & rotation, and magnetic fields. The company also provides a cloud platform to access the data collected by the sensor and gain actionable insights into the industrial operations. The company was a part of Plant 4.0 incubator 2017, an initiative from major industrial players in the process industry.
- Feb 2025Series C$8M
- Jun 2022Series B$4M
- Sep 2018Series A$2.3M
- 2017Seed—
#8
Series A · Antwerp, Flanders · founded 2015 · 10 employees$9.5Mraised▾
Provider of diagnosis and monitoring solution for voiding disorders. The products provided are Hospiflow and Homeflow. Hospiflow Bluetooth connected, data wirelessly transferred to the cloud, portable, waterproof uroflowmeter, and others. Homeflow is voiding the diary application.
- Oct 2024Series A$5.3M
- Dec 2022Seed$4.1M
- 2015Seed$60.5K
#9
Series C · Louvain la Neuve, Wallonia · founded 2014 · 15 employees$32.1Mraised▾
Developer of power management integrated circuits for energy harvesting applications. The company offers ambient energy managers designed for various energy sources. These integrated circuits manage power from energy harvesters to storage elements. The company's products support applications in smart homes, consumer electronics, and industrial IoT. The company also provides microcontrollers for data acquisition and processing.
- Mar 2024Series C$19M
- Jul 2020Series B$9M
- Jan 2019Grant (prize money)$626.4K
- Oct 2017Series A$4.1M
#10
Series B · Ghent, Flanders · founded 2016 · 33 employees$52.6Mraised▾
Indigo is developing a needle-free continuous glucose monitoring technology using photonics technologies. Indigo is based in Ghent, Belgium, where it benefits from access to Ghent University and more specifically the Photonics Research Group and the NB-Photonics consortium.
- Oct 2023Grant (prize money)$865.2K
- Jul 2020Series B$44.3M
- Jul 2018Grant (prize money)$2.9M
- Dec 2016Series A$7.3M
#11
Series A · Ghent, Flanders · founded 2016 · 13 employees$8.1Mraised▾
PeriPass is a Yard Management System (YMS) for the logistics industry to automate/digitize the access and communication site flows. The solution enables users to facilitate logistics flow in the areas of inbound/outbound goods, returns, container operations, and visits to plants/warehouses. Offers features such as data-driven analytics and resource/staff optimization.
- Feb 2024Series A$8.1M
#12
Funding Raised · Zoersel, Flanders · founded 2001 · 9 employees$4.5Mraised▾
Provider of an IoT software solution for pest management. Offers SMARTSENZ, which a software for area-wide risk mapping of progressive spread of vector borne diseases, detrimental changes in biodiversity and ecotoxicological effects and patterns. The company also provides VECMAP, which is a data collection and risk mapping solution.
- Jan 2024Grant (prize money)$404.7K
- Jul 2021Grant (prize money)$59.4K
- Jan 2020Grant (prize money)$932.3K
- Nov 2019Grant (prize money)$449.8K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Internet of Things - Industry Applications coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Internet of Things is moving in Belgium
A read on the academic research around Internet of Things — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 146 Belgium-affiliated papers.
- KU Leuven52
- University of Antwerp21
- Ghent University16
- IMEC13
- Vrije Universiteit Brussel10
- Wireless sensor network2→13
- Node (physics)1→4
- Wireless7
- Wireless sensor network6
- Overhead (engineering)4
- Scheduling (production processes)3
- Computer network3
- Key (lock)7
- Computer security5
- Wireless sensor network4
- Computer network3
- Wireless3
Where iot is researched across Belgium
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.