Best IoT Applications Companies in Australia
The 136 best IoT Applications companies in Australia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Lumachain.
Ranking the best IoT Applications companies in Australia by disclosed equity funding, our directory tracks 136 ventures that have collectively raised $118M, with zero unicorns and a funding spread that tells you exactly where the bets are concentrated. Lumachain leads at $23M, XY Sense follows at $21M, and The Yield sits at $14M. Three companies, roughly half the total pool. That kind of concentration is a signal worth sitting with.
And the momentum underneath these numbers is real. Median install growth across application software and software development apps is running at roughly +16% YoY, which, I'd argue, understates what's happening at the sector edges. Drone electronic warfare, audio rendering, and playback engines are emerging as hot themes alongside the agricultural and energy plays that firms like FarmBot ($8M) and Wattwatchers ($9M) represent. Cloud infrastructure is clearly accelerating the whole stack, with AWS deployments reshaping industrial IoT at scale, and blockchain-IoT convergence adding a new layer of complexity for builders and investors alike. Investors like Artesian and Cicada Innovations are still writing early checks, which means the formation stage here isn't done. Coverage is rising. The category's moving.
Ranked: Best IoT Applications companies in Australia
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Lumachain Provider of computer vision artificial intelligence for food and beverage production 45AI top 26%Funding top 38%Product top 41%Talent bottom 49% All 8 signals ▾AItop 26% Fundingtop 38% Producttop 41% Talentbottom 49% Marketbottom 46% Globalbottom 43% Techbottom 27% Newsbottom 18% AI: Classified as an AI company · Product described with: artificial intelligence, computer vision Funding: Raised $23.0M across 2 rounds · 2 rounds over 7 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 45/100 | $23M | 20 mo ago | 100 | 2018 | Jamila Gordon Founder & CEO | WordPressMySQLPHP+23 | 7 launchs |
| 2 | XY Sense Provider of workplace management solutions | $21M | 46 mo ago | 44 | 2016 | Luke Murray Co-Founder | WordPressMySQLPHP+22 | — |
| 3 | The Yield Developer of SaaS-enabled hardware and full stack system for precision aquaculture 35Talent top 38%Tech top 45%Funding top 46%News bottom 48% All 6 signals ▾Talenttop 38% Techtop 45% Fundingtop 46% Newsbottom 48% Globalbottom 38% Marketbottom 37% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Tech: 42 technologies across 4/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 35/100 | $14M | 73 mo ago | 46 | 2014 | Ros Harvey Founder | Cart FunctionalityMagentoMySQL+37 | — |
| 4 | Switch Automation Provider of IoT and SaaS-driven building energy management solutions | $9M | 74 mo ago | 62 | 2012 | Deb Noller Co-Founder & CEO | — | — |
| 5 | Wattwatchers SaaS and IoT-based meter energy consumption monitoring devices | $9M | 56 mo ago | 24 | 2007 | Gavin Dietz CEO & MD | WordPressMySQLPHP+35 | — |
| 6 | FarmBot Provider of cloud-based farm water monitoring system 55Tech top 33%Innovation top 34%Product top 36%Talent top 38% All 9 signals ▾Techtop 33% Innovationtop 34% Producttop 36% Talenttop 38% Growthtop 45% Fundingtop 48% Marketbottom 39% Globalbottom 37% Newsbottom 22% Tech: 57 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses Innovation: 12 product lines rank vs industry peers · Fliar Intelligence Index 55/100 | $8M | 24 mo ago | 32 | 2014 | Andrew Coppin Co -Founder and Managing Director | WordPressApple iCloud MailMicrosoft 365+44 | 1 partnership · 1 award |
| 7 | Aeris Environmental HVAC Optimization systems with patented technology | $6M | 132 mo ago | 21 | 2000 | — | Cart FunctionalityWooCommerceWordPress+30 | 1 partnership |
| 8 | CliniCloud Developing smart stethoscope and thermometer kit | $5M | 128 mo ago | 15 | 2012 | — | — | — |
| 9 | Gridsight Developer of an AI-driven electrical digital twin for distribution networks 40AI top 30%Talent top 38%Growth top 45%Funding top 49% All 7 signals ▾AItop 30% Talenttop 38% Growthtop 45% Fundingtop 49% Techbottom 42% Globalbottom 37% Marketbottom 26% AI: Classified as an AI company · Product described with: ai-driven Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 40/100 | $5M | 14 mo ago | 17 | 2020 | Kurt Walkom Co-Founder & Chief Commercial Officer | WebflowApple iCloud MailGoogle Workspace+13 | 1 partnership |
| 10 | OpenSC Provider of software solutions for supply chain traceability and sustainability | $4M | 81 mo ago | 35 | 2019 | Markus Mutz CEO & Co-founder | — | — |
| 11 | Ynomia Real time platform to track construction site assets | $4M | 81 mo ago | 13 | 2017 | — | — | — |
| 12 | HINDSITE Provider of wearable and cloud-based visual intelligence management platform | $3M | 55 mo ago | 12 | 2017 | Doug Hastings Founder & CEO | WebflowCannyAmazon Web Services+21 | — |
| 13 | Loop+ Health management system for wheelchair users | $2M | 76 mo ago | 11 | 2017 | — | — | — |
| 14 | Smart Paddock Livestock health management solutions provider | $2M | 84 mo ago | 7 | 2017 | — | Cart FunctionalitySquarespace CommerceSquarespace+19 | — |
| 15 | mOOvement Provider of GPS enabled ear tags for cattle tracking | $1M | 62 mo ago | 10 | 2017 | Pieter Vogels Co-Founder & Co-CEO | WebflowAmazon ALBReact+16 | 1 launch |
| 16 | Fleetsu Software solution for fleet and asset management | $1M | 114 mo ago | 25 | 2015 | — | — | — |
| 17 | Sportcor Provider of smart cricket balls | $800K | 35 mo ago | 13 | 2005 | — | — | — |
| 18 | Conpago Provider of a cloud-based digital care management platform for aged, disability, retirement, and home care… | $100K | 87 mo ago | 9 | 2016 | — | — | 1 launch |
Top 12 IoT Applications companies in Australia
#1
Series A · Sydney, New South Wales · founded 2018 · 100 employees$23Mraised▾
Provider of computer vision artificial intelligence for food and beverage production. It offers monitoring to ensure worker safety, animal welfare, yield, and product quality. The technology provides real-time alerts and actionable data, integrating with equipment and manufacturing robots. It improves safety, efficiency, quality, traceability, and trust in food and beverage production.
- Oct 2024Series A—
- Aug 2022Series A$19.5M
- Jul 2019Seed$3.5M
#2
Series A · Wollongong, New South Wales · founded 2020 · 17 employees$4.5Mraised▾
Developer of an AI-driven electrical digital twin for distribution networks. It provides a foundational grid model and decision layer for modern networks. The company offers solutions for flexible interconnection and energization. It also provides automated screening of interconnection queues and dynamic day-ahead curtailment quantification.
- Apr 2025Series A$4.5M
- 2021Seed—
#3
Series A · Sydney, New South Wales · founded 2014 · 32 employees$7.8Mraised▾
Provider of cloud-based farm water monitoring system. It monitors and reports farm water ecosystems delivering real-time reporting on water trends, consumption, and alerts. It also provides a rain gauge for automating rainfall entry to make stocking decisions.
- Jun 2024Series A$3M
- Dec 2022Series A$2M
- Oct 2021Series A$2.7M
- Aug 2014Seed$46.5K
#4
Seed · Melbourne, Victoria · founded 2016 · 44 employees$20.8Mraised▾
Provider of workplace management solutions. It leverages technologies like AI, cloud computing, and Bluetooth, and motion sensors to capture data on office occupancy, space utilization, and movement paths, and performs real-time analytics to provide office space plans and workplace strategies. It enables space booking, live wayfinding, and organizations to maintain social distance.
- Jul 2022Seed$8M
- Jul 2022Venture Debt$2M
- Apr 2021Seed$7.8M
- 2017Seed$5M
#5
Series B · Sydney, New South Wales · founded 2007 · 24 employees$9.3Mraised▾
SaaS and IoT-based meter energy consumption monitoring devices. Enables real-time monitoring and control of electrical circuits over the internet. It can be used for residential, commercial and industrial, and utility applications.
- Sep 2021Series B$5.3M
- Dec 2019Grant (prize money)$2.7M
- Aug 2017Series A$2M
- Apr 2017Series A$2M
#6
Series A · Sydney, New South Wales · founded 2014 · 46 employees$14Mraised▾
Developer of SaaS-enabled hardware and full stack system for precision aquaculture. It offers SaaS-enabled sensors that collect and stream data over the network to the cloud which deploys its own developed analytics engine which provides useful data for precision aquaculture through multiple user interfaces.
- May 2020Series A$7.2M
- Apr 2017Series A$4.9M
- Apr 2016Seed$1.9M
- Nov 2015Grant (prize money)$957K
#7
Series A · Sydney, New South Wales · founded 2012 · 62 employees$9.5Mraised▾
Provider of IoT and SaaS-driven building energy management solutions. It offers the integration of energy metering devices, HVAC, lighting, and other electrical and mechanical sub-systems in buildings to a cloud-hosted building management system for real-time monitoring and controlling. Its applications are in financial services, retail, grocery, and commercial real estate.
- Apr 2020Series A$5M
- Apr 2018Series A$3.2M
- Jan 2016Seed—
- Feb 2015Seed$1.2M
#8
Seed · Nerang, Queensland · founded 2005 · 13 employees$800Kraised▾
Provider of smart cricket balls
- Jun 2023Seed$800K
- Apr 2021Grant (prize money)$895.5K
#9
Seed · Brisbane, Queensland · founded 2017 · 12 employees$3.2Mraised▾
Provider of wearable and cloud-based visual intelligence management platform. Provides geo-located site data including images, videos, walkthroughs, handovers, biometrics, and sensor data from wearables. Users can receive task-specific, geo-located micro-learning content and the technology supports real-Time IIoT third-party sensor visualization & diagnostics solutions. Allows users to reduce the time of resolution through data interaction on the VIEW (Visual Intelligence Education Wearables) platform through the use of the hd streaming calling feature and smart glasses. Enables visual intelligence management and has applications in enterprise data, industrial media, and observational learning.
- Nov 2021Seed$3.2M
- 2018Seed—
#10
Public · Rosebery, New South Wales · founded 2000 · 21 employees$6.4Mraised▾
HVAC Optimization systems with patented technology. Their AerisGuard anti-microbial multi-enzyme technology safely cleans and removes contamination from coils, surfaces, and ductwork the same time as providing protection from recontamination. AerisGuard - helps improve indoor air quality, enhance performance and reduce energy consumption.
- Jun 2015Post IPO$3.9M
- Aug 2009Post IPO$2.5M
#11
Seed · Melbourne, Victoria · founded 2017 · 13 employees$3.6Mraised▾
Ynomia is a real time platform to track assets on a construction site. The platform enables users to track materials, tools, and workers. It enables users to find real time locations, identify critical locations, send notifications, create reports, and more.
- Aug 2019Seed$3.6M
- Sep 2018Grant (prize money)$150K
#12
Seed · Sydney, New South Wales · founded 2019 · 35 employees$4Mraised▾
OpenSC provides software solutions for supply chain traceability and sustainability. The solution leverages data science & ML algorithms to verify information such as satellite imagery, live video monitoring, worker biometric data or more and authenticate claims on sustainability & ethical production. The solution also uses IoT technologies to gather product-level data and provides traceability on products/materials across the entire supply chain. Allows users to share the traceability data that is stored on a decentralized platform.
- Sep 2019Seed$4M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of IoT 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.