I
IoTeX
Iotex aims to build a decentralized network for Internet of Things(IoT), powered by a scalable privacy-centric blockchain
About IoTeX
IoTeX is a pioneering blockchain company focused on creating secure and scalable infrastructures that bridge the gap between the physical and digital worlds. Initially established as a Layer 1 blockchain, IoTeX has expanded its vision by spearheading the development of Decentralized Physical Infrastructure Networks (DePINs). These networks leverage decentralized privacy protocols, on-chain incentives, and signature hardware to rapidly scale and provide robust solutions for data authentication and sharing.
IoTeX serves a diverse range of clients, including developers, enterprises, and innovators looking to build on a secure and scalable blockchain platform. The company operates in the blockchain and decentralized technology market, offering a full stack of DePIN optimized modules that can be deployed in full or integrated into existing frameworks. This modular infrastructure allows businesses to seamlessly scale their operations across multiple blockchains.
The business model of IoTeX revolves around providing blockchain solutions and infrastructure that enable secure data sharing and interoperability. The company generates revenue through various channels, including transaction fees, service subscriptions, and partnerships with other blockchain projects and enterprises.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Menlo Park, United States
- Employees
- 55
- Open positions
- None listed
- Dealroom signal
- 65.2/100
- Industry
- Security
- Sector
- Cybersecurity, Crypto and Web 3.0 Infrastructure, Crypto and Web3, Zero-Knowledge, DT and LS
- Technology
- IoT InternetOfThings, Blockchain, Deep Tech
- Client focus
- b2b
- Investment activity
- 12 companies, latest Oct 2025
- Capital deployed
- $36M
- Preferred round
- SEED
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Sep 2025 | $0 | — | Animoca Brands | ↗ |
| EARLY VCOther financing | Mar 2025 | $50M | $200M | Borderless Capital · SNZ Holding · Foresight Ventures · FutureMoney Group | ↗ |
Growth signals
Latest recorded traffic for IoTeX is 17K monthly website visits, down 32% over the last three months. IoTeX's team declined 15.4% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Draper Dragon
8 Decimal Capital
BlockVC
Goodwater Capital
Series A5 investors entered at this stage
Borderless Capital
SNZ Holding
Foresight Ventures
FutureMoney Group
Animoca Brands
Other known investors1 additional known investor
Connect Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about IoTeX on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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