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Radar · Internet of Things - Industry Applications in Greece

Best Internet of Things - Industry Applications Companies in Greece

The 34 best Internet of Things - Industry Applications companies in Greece in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Hellas Direct.

34companies tracked
$80.3Mdisclosed funding
0unicorns
6have raised
FLIAR INTELLIGENCE · INTERNET OF THINGS - INDUSTRY APPLICATIONS × GREECE

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.

184companies analysed
91%cloud-native stacks
2025funding peak (by rounds)
11unicorns
2016median founding year

Ranked: Best Internet of Things - Industry Applications companies in Greece

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Hellas Direct
Internet-first platform that provides automotive insurance
$79M31 mo agoSeries CAlexis Pantazis
Co-Founder & Executive Director
2011PHPHandlebarsBackbone.js+15—
2Fuelics
IoT based fuel management platform for multi-industry applications
$390K72 mo agoFunding RaisedEvangelos Angelopoulos
Founder & CEO
2019——
3Oliveex
Provider of an AI and cloud-based platform for storage analytics solutions
$298K54 mo agoSeedAris Koligliatis
Co-Founder
2018——
4Plegma Labs
IoT platform which enables Protocol Integration
$150K73 mo agoSeedNikos Ipiotis
CEO
2013——
5Tribe Wearables
Internet-first brand for sports apparel for multiple sports
$139K151 mo agoDeadpooledDemetres Stordopoulos
Founder & CEO
2013——
6AidPlex
Remote monitoring and tracking devices for orthopedic patients
$91K81 mo agoFunding RaisedDimitri Moustakas
Co-Founder
2017——
7CityCrop
Developer of semi-autonomous indoor cultivation kits
$534115 mo agoSeedChristos Raftogiannis
Co-Founder & CEO
2015Cart FunctionalitySentryNode.js+25—
8BeeZon
Digital monitoring system for apiaries
—124 mo agoSeedDimitris Karantonis
Co-Founder
2015——

Top 8 Internet of Things - Industry Applications companies in Greece

#1
Series C · Athens, Attica · founded 2011 · 158 employees
$79.2Mraised
▾

HellasDirect is an internet-first platform that provides automotive insurance. Users can select among different policies, receive quotes, pay online to book the policy & more. Users can also submit claims through the portal.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 22k LinkedIn followers — 45.3% of this cohort's audience · 32 engagements/post (2.9× cohort median)
Hiring: 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Sales Administrator, Client Service Team Member
Activity: 1 awards announced in 12 mo
Founders & team
Alexis PantazisCo-Founder & Executive DirectorEmilios MarkouCo-Founder and Executive Director
Investors
IFC, Third Point, Endeavor, Portag3 Ventures, Perscitus, Europa
Tech stack
Amazon CloudfrontAmazon Web ServicesAmplitudeAngularAosBackbone.Js
#2
Seed · Volos, Thessaly · founded 2018 · 6 employees
$298.3Kraised
▾

Provider of an AI and cloud-based platform for storage analytics solutions. Its IoT platform collects data from every channel and provides remote monitoring and management facility in real-time. It provides real-time analytics to optimize resources and materials. It also offers digital traceability and automated reporting solutions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 2.6% of this cohort's audience
Funding rounds
  • Mar 2022Seed$298.3K
Founders & team
Aris KoligliatisCo-FounderDimitris GaragounisCo-FounderKonstantinos AkrivosCo-Founder
Investors
TECS Capital, EIT Digital
#3
Funding Raised · Athens, Attica · founded 2019
$390.5Kraised
▾

Fuelics offers an Internet of Things enabled fuel management solution. The solution consists of NB-IoT capacitive fuel level sensors and Tank.Fuelics. The sensors use NFC communication interface and claim to utilize machine learning code in order to minimize data throughput and monitor specific operational events of the tank’s lifecycle. Tank.Fuelics is a fuel management platform that interfaces with NB-IoT sensors thereby providing insights into fuel consumption behaviour. The company claims that the platform also helps to avoid fuel theft and unauthorized fuel usage. Applications are in the areas of oil, gas, utility, chemical, maritime and food industry.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 2.7% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Oct 2020Grant (prize money)$390.5K
Founders & team
Evangelos AngelopoulosFounder & CEO
Investors
Europa
#4
Seed · Marousi, Attica · founded 2013 · 8 employees
$150Kraised
▾

Plegma Labs is a Java-based IoT protocol integration platform. Protocols are recognized as OGSI bundles, with support for MQTT, Z-Wave, ZigBee, KNX, Modbus, PLCBus and EnOcean. Data storage allows concurrent use of relational and NoSQL big-data databases, such as MySQL and MongoDB. In case of significantly more complex data aggregation scenarios. The user interface takes place over RESTful web services and HTML5. In addition, it supports an integrated light rule engine using Eclipse Xbase, enabling automation logics across different system boundaries

LinkedIn Pulse recent public activity · Jul 2026
Audience: 772 LinkedIn followers
Funding rounds
  • Sep 2020Grant (prize money)$200.7K
  • Oct 2017Grant (prize money)$233.5K
  • Mar 2016Grant (prize money)$263K
  • Jul 2014Seed$150K
Founders & team
Nikos IpiotisCEO
Investors
Europa
Tech stack
WordpressPleskMysqlPhpBootstrapAnimate.Css
#5
Funding Raised · Thessaloniki, Central Macedonia · founded 2017 · 9 employees
$90.8Kraised
▾

Remote monitoring and tracking devices for orthopedic patients. The company has developed products like "Scoliosense" which is a wearable device enabling providers to monitor patient's health and treatment progress on a real-time basis and "Splint" has been designed for fractures treatment.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 4.1% of this cohort's audience
Funding rounds
  • Jan 2020Grant (prize money)$90.8K
Founders & team
Dimitri MoustakasCo-FounderHarry YeremtzesCo-Founder & CEO
Investors
Europa, Ideas Forward, The egg, TECS Capital
#6
Deadpooled · Komotini, Eastern Macedonia and Thrace · founded 2013 · 1 employees
$138.7Kraised
▾

Developer of a wearable activity tracker designed to provide real-time feedback on training and workout progress. The company's tracker monitors muscle activity, fatigue and body motion using an application that helps to reduce the risk of injury, enabling users to achieve their fitness goals.

Founders & team
Demetres StordopoulosFounder & CEO
Investors
Openfund
#7
Seed · Athens, Attica · founded 2015
$534raised
▾

Developer of semi-autonomous indoor cultivation kits. It consists of a storied box with adjustable trays for growing a variety of plants. The box is equipped with a smart IoT system that consists of infrastructure for environment control, nutrient dispensation, and LED grow lights. Its system can be controlled or made autonomous with pre-set parameters through a companion mobile app. The box uses hydroponics and can grow leafy vegetables, herbs, and flowers.

Funding rounds
  • Mar 2017Grant (prize money)$534
  • Jul 2016Seed—
Founders & team
Christos RaftogiannisCo-Founder & CEOEvriviades MakridisCo-Founder & COO
Investors
Startupbootcamp, Europa, Chrysalis LEAP, The egg
Tech stack
Cart FunctionalityNode.JsReactPaypalVercelNext.Js
#8
Seed · Patras, Western Greece · founded 2015
—raised
▾

BeeZon is a digital continuous monitoring system for apiaries. The system consists of sensors which stream various data points collected from beehives and honey flow systems and a cloud based platform for crunching of the data and providing visuals to the beekeepers. The data points processed include nectar flows, colony status, antitheft and security, inspection of queenless and swarming states. It allows the beekeepers to set thresholds for these data points and configure a mobile alert system for the same.

Funding rounds
  • Jun 2016Seed—
Founders & team
Dimitris KarantonisCo-FounderZacharias PapachristosCo-FounderIoannis SokianosCo-Founder
Investors
Startup Scaleup

Funding & investor landscape

$80.3Mtotal disclosed funding
7companies funded
8disclosed rounds
0rounds last 90 days
Most active investors
Europa5 rounds
The egg4 rounds
TECS Capital2 rounds
Techcelerator2 rounds
Chrysalis LEAP1 rounds
EBRD1 rounds
EIT Digital1 rounds
ETF Partners1 rounds
Endeavor1 rounds
Free Electrons1 rounds

Notable founders

Alexis Pantazis
Co-Founder & Executive Director · Hellas Direct
Emilios Markou
Co-Founder and Executive Director · Hellas Direct
Aris Koligliatis
Co-Founder · Oliveex
Dimitris Garagounis
Co-Founder · Oliveex
Evangelos Angelopoulos
Founder & CEO · Fuelics
Nikos Ipiotis
CEO · Plegma Labs
Dimitri Moustakas
Co-Founder · AidPlex
Harry Yeremtzes
Co-Founder & CEO · AidPlex
Demetres Stordopoulos
Founder & CEO · Tribe Wearables
Christos Raftogiannis
Co-Founder & CEO · CityCrop
Evriviades Makridis
Co-Founder & COO · CityCrop
Dimitris Karantonis
Co-Founder · BeeZon
RESEARCH SIGNALS · Greece

How research on Internet of Things is moving in Greece

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 397 Greece-affiliated papers.

research sentiment over time
201820242026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 37% → 59% across 2018–2026.
top research entities
  • Aristotle University of Thessaloniki51
  • University of Patras40
  • National Technical University of Athens40
  • University of Western Macedonia30
  • University of Thessaly28
leading researchers
Panagiotis Sarigiannidis · George Mastorakis · Evangelos Markakis · Constandinos X. Mavromoustakis · Athanasios V. Vasilakos · Athina Bourdena · Panayiotis Kotzanikolaou · Miltiadis D. Lytras
▲ Breakthroughs183 · 46%
▲ 0%→51% share
0 median citations91% since 2021mostly methods-led
Breakthroughs are rising (0%→51% of field), led by Scalability.
rising sub-themes (early→recent)
  • Scalability1→27
  • Wireless1→23
  • Software deployment1→19
  • Key (lock)2→17
  • Computer security1→15
Newly emergingFeature (linguistics) 0→11 · Resilience (materials science) 0→9 · Intrusion detection system 0→9
Landmark Artificial Intelligence, Transport and the Smart City: Definitions and Dimensions of a New Mobility Era · 426 cites
◆ Advancements111 · 28%
▲ 0%→30% share
0 median citations88% since 2021mostly methods-led
Advancements are rising (0%→30% of field), led by Wireless.
rising sub-themes (early→recent)
  • Wireless3→13
  • Wireless sensor network4→12
  • Cloud computing1→8
  • Scalability1→8
  • Wireless network1→8
Newly emergingSoftware deployment 0→11 · Embedded system 0→8 · Computer security 0→7
Landmark A Review on UAV-Based Applications for Precision Agriculture · 1,103 cites
▼ Concerns53 · 13%
▲ 0%→9% share
5 median citations62% since 2021mostly reviews
Concerns are rising (0%→9% of field), led by Interoperability.
rising sub-themes (early→recent)
  • Interoperability1→5
  • Wireless sensor network3→5
  • Smart city4→5
Landmark DDoS in the IoT: Mirai and Other Botnets · 1,819 cites
RESEARCH HOTSPOTS · Greece

Where iot is researched across Greece

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.

Athens95 · +0.50
Hot · Internet of ThingsAdvancing · Verifiable secret sharingOpportunity · World Wide WebConcern · Smart city
Thessaloniki78 · +0.49
Hot · WirelessAdvancing · ArchitectureOpportunity · ScalabilityConcern · Internet of Things
Pátrai56 · +0.55
Hot · Data scienceAdvancing · AdaptabilityOpportunity · Software deploymentConcern · Computer security
Volos28 · +0.72
Hot · Verifiable secret sharingAdvancing · ScalabilityOpportunity · Internet of Things
Komotini24 · +0.42
Hot · Wearable computerAdvancing · Wireless sensor networkOpportunity · Internet of Things
Heraklion21 · +0.59
Hot · Internet of ThingsAdvancing · Scheduling (production processes)Opportunity · Voronoi diagram
Piraeus21 · +0.48
Hot · Computer networkAdvancing · ElectronicsOpportunity · Transfer of learningConcern · Computer security
Marousi15 · +0.69
Hot · Key (lock)Advancing · Variety (cybernetics)Opportunity · Internet of Things
Ioannina12 · +0.63
Advancing · Internet of ThingsOpportunity · Telecommunications link
Rethymno11 · +0.73
Hot · Internet of ThingsAdvancing · ScalabilityOpportunity · Big data

Common questions

How many Internet of Things - Industry Applications companies are there in Greece?
Radar tracks 34 indexable Internet of Things - Industry Applications companies headquartered in Greece that meet our profile-completeness bar.
What is the total funding raised by Internet of Things - Industry Applications companies in Greece?
The Internet of Things - Industry Applications companies in Greece on this list have raised a combined $80.3M in disclosed equity funding across 7 funded companies.
Which is the highest-funded Internet of Things - Industry Applications company in Greece?
Hellas Direct is the highest-funded Internet of Things - Industry Applications company in Greece, with $79.2M in disclosed equity funding.
How many Internet of Things - Industry Applications companies in Greece are funded?
7 of the 34 Internet of Things - Industry Applications companies in Greece on this list have disclosed at least one equity funding round.
How many Internet of Things - Industry Applications unicorns are there in Greece?
None of the Internet of Things - Industry Applications companies in Greece on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Greece Internet of Things - Industry Applications companies?
The most active investors in Greece Internet of Things - Industry Applications companies on this list include Europa, The egg, TECS Capital, Techcelerator, Chrysalis LEAP.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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