Best Internet of Things - Industry Applications Companies in Hong Kong, China
The 109 best Internet of Things - Industry Applications companies in Hong Kong, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Mobvoi.
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 Hong Kong
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Mobvoi Developer of AI-powered voice interaction and generative AI technologies | $255M | 110 mo ago | Public | Yuanyuan Li Co Founder | 2012 | Cart FunctionalityVue.jsApache APISIX+22 | — | — |
| 2 | MAD Gaze Smart glasses for augmented reality | $32M | 76 mo ago | Series A | Jordan Cheng Founder & CEO | 2013 | — | — | — |
| 3 | Cyrcadia Wearable bra insert for detecting breast cancer | $4M | 95 mo ago | Seed | Mark Chennells Co-Founder | 2017 | — | — | — |
| 4 | Varadise Ai Provider of AI-powered digital twin solutions for construction site management | $3M | 17 mo ago | Series A | — | 2018 | Node.jsRadix UITailwind CSS+11 | — | — |
| 5 | Nordic Enterprises Provider of kids and education audio products | $2M | 69 mo ago | Seed | Petur Olafsson CEO | 2010 | — | — | — |
| 6 | Narwel Manufacturer of a vacuum cleaning robot for home applications | $1M | 92 mo ago | Seed | — | 2016 | — | — | — |
| 7 | Homi Provider of end-to-end home automation solutions for residential buildings | $1M | 82 mo ago | Deadpooled | — | 2016 | — | — | — |
| 8 | PassKit Proximity marketing and loyalty solutions | $1M | 142 mo ago | Series B | Paul Tomes Co-Founder and CEO | 2012 | Google MapsMUIReact Router+26 | — | — |
| 9 | Silentmode Provider of a smart mask for stress management | $1M | 67 mo ago | Seed | Bradley Dowding Young Co-Founder & Director | 2016 | — | — | — |
| 10 | Carnot Innovations AI-enabled predictive maintenance solution for HVAC systems | $857K | 79 mo ago | Seed | Ashish Justin Co-Founder & CEO | 2018 | Webflow EcommerceWebflowjQuery+8 | — | 2 partnerships |
| 11 | Hong Kong Tesla Technology Smart pet care accessories developer | $790K | 136 mo ago | Seed | — | 2012 | — | — | — |
| 12 | Zeraph Contact free smart thermometer | $100K | 120 mo ago | Seed | Eddie Cheung Co-Founder | 2015 | — | — | — |
Top 12 Internet of Things - Industry Applications companies in Hong Kong
#1
Series A · Hong Kong, Hong Kong · founded 2018 · 28 employees$3Mraised▾
Provider of AI-powered digital twin solutions for construction site management. The company offers a common data environment for real-time collaboration. It utilizes advanced analytics to monitor safety metrics and enhance work safety detection. The company integrates regulations and requirements, promoting safety and sustainability for construction sites.
- Jan 2025Series A$3M
#2
Public · Kowloon, Hong Kong · founded 2012 · 700 employees$255Mraised▾
Developer of AI-powered voice interaction and generative AI technologies. It offers AI CoPilot experiences through software and hardware solutions for content creators, enterprises, and consumers. These solutions include AI voiceover assistants and automotive voice interaction systems. The company also develops universal large language models. Its offerings are designed to provide personalized AI assistance for various tasks.
- Apr 2017Series D$180M
- Feb 2014Series B$10M
#3
Series A · Hong Kong, Hong Kong · founded 2013$31.6Mraised▾
Smart glasses for augmented reality. It develops a wearable tech glass that runs Android and with wireless Wi-Fi and Bluetooth connectivity and can run apps. Its features include image recording, video playback, and visual display, and a camera with diverse user controls. It also offers a store for users with curated apps, and games.
- Feb 2020Series A$18.6M
- 2019Seed$11.5M
- Sep 2018Seed$1.5M
#4
Seed · Hong Kong, Hong Kong · founded 2017$3.8Mraised▾
Cyrcadia Asia (operates under a strategic license and cooperation agreement with Cyrcadia U.S.) is the provider of iTBra, a wearable bra insert for detecting breast cancer. The insert is in the form of two sensor patches which when worn for minimum two hours detect circadian temperature changes within the breast tissue. The device works in integration with a companion application that processes the recording and uses AI & predictive algorithms for identifying abnormal patterns to indicate early-stage breast cancer. The company has received U.S. FDA 510(k) Class II approval for its device and as of August 2018, it has conducted clinical trials with over 250 women in the U.S.
- Jul 2018Seed$3.8M
#5
Seed · Hong Kong, Hong Kong · founded 2010$1.9Mraised▾
Nordic Enterprises provides kids and education audio products. Offers ONANOFF which is the company's brand providing headphones, speaker & other audio products and BuddyPhones, the brand which provides tailor-made audio for children. The company also develops Qorvo technology-driven OEM/ODM hardware solutions.
- Aug 2020Seed$1.9M
#6
Seed · Hong Kong, Hong Kong · founded 2016 · 12 employees$1Mraised▾
Provider of a smart mask for stress management. It offers a smart mask with a built-in audio system for consumers. The blackout mask wraps around the head to block out all external visual and auditory disturbances, creating a stress-free private space allowing users to nap anywhere at any time. It works in integration with a companion application that allows the user to customize the soundscapes for the optimal mood mode.
- Oct 2020Seed$1M
#7
Deadpooled · Hong Kong, Hong Kong · founded 2016 · 7 employees$1.3Mraised▾
Provider of end-to-end home automation solutions for residential buildings. Its offerings include smart light switches, connected AC modules, shade modules, temperature sensors, motion sensors, among others. In addition, it offers a connected hub that allows users to control all essential features of a home and can connect up to 200 devices wirelessly. All these devices interface with Amazon Alexa or Google Assistant for voice-controlled and work in integration with a companion application compatible with both Android and iOS devices.
- Jul 2019Seed$1.3M
#8
Seed · Tsim Sha Tsui, Hong Kong · founded 2016$1.4Mraised▾
Manufacturer of a vacuum cleaning robot for home applications
#9
Seed · Wan Chai, Hong Kong · founded 2018$857.5Kraised▾
Carnot Innovations provides an AI-based predictive maintenance solution for HVAC systems in commercial establishments. The solution enables users to detect & predict maintenance, control logic and operational defects in heating, ventilation, & air conditioning systems.
- Nov 2019Seed$800K
- 2019Seed$57.5K
#10
Series B · Hong Kong, Hong Kong · founded 2012 · 13 employees$1.2Mraised▾
PassKit offers multiple solutions for retailers. In addition to their standard mobile wallet they also offer Beacon and digital loyalty solutions. Their beacon solutions allow proximity marketing to help increase customer engagement, entice customers through coupons and loyalty offers and perform in-store analytics to better understand customer behavior. They also offer Loopy Loyalty, a digital loyalty platform that allows retailers to instantly design and distribute digital stamp cards to customers, manage loyalty campaigns with a custom dashboard, deliver push notifications and updates, add digital stamps with the Loopy Loyalty stamper app, and track data and metrics with the analytics dashboard. Customers include Subway, Heathrow and the Zurich airport
- Aug 2014Series B—
- 2012Series A$1.2M
#11
Seed · Hong Kong, Hong Kong · founded 2012 · 2 employees$790Kraised▾
Hong Kong Tesla Technology develops smart pet care accessories. It is developing two products, T-Pai, a smart dog kettle which in-houses auto feeder, temperature maintenance system, auto sterilization and toilet facility for dogs. Dog PC, a smart playing tool for dogs and remote monitoring and interacting tool for pet owners.
- Jan 2015Angel$790K
#12
Seed · Hong Kong, Hong Kong · founded 2015 · 3 employees$100Kraised▾
Zeraph has developed, Flo, a contact free smart thermometer. It connects to phones via Bluetooth and has a one button operation with a free app for tracking and sharing. The devices has a color LED on its tip indicating current temperature. It creates a timeline that will allows to track temperatures for different people.
- 2016Seed$100K
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
Common questions
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.