VC fundraising for sensors & monitoring companies

Industrial sensors fundraising has held steadily through the cycle on industrial digitalisation budgets and the energy transition. Investors back operators with OEM qualification, recurring software and service revenue, and a credible installed-base trajectory; pure hardware stories without recurring revenue have struggled to close rounds at sensible terms.

The active investor mix runs across deep-tech specialists (Lux, DCVC, 8VC) for sensing-modality and IP-heavy rounds, climate funds (Energy Impact Partners, Lowercarbon) for emissions, gas-leak and grid-monitoring operators, and the corporate venture arms of the industrial automation majors - Bosch Ventures, Siemens Energy Ventures, Schneider Electric Ventures - where OEM qualification status matters. Flow has direct relationships with the specialist funds, climate investors and CVCs active in the category.

Flow has experience running VC fundraising processes for sensors and monitoring companies across industrial IoT and condition monitoring, process and analytical instrumentation, gas, leak and emissions sensors, structural and asset-health monitoring, and environmental and air-quality sensing. Our extensive investor network spans early-stage seed funds, growth-stage investors, and strategic and corporate VC arms.

Metaloop
Orka
GoTrendier
Ziik
Sentryc
Krita
Legendary Play
MILES
Picus Security
Project Space
sevDesk
AVE & YOU
Metaloop
Orka
GoTrendier
Ziik
Sentryc
Krita
Legendary Play
MILES
Picus Security
Project Space
sevDesk
AVE & YOU
Metaloop
Orka
GoTrendier
Ziik
Sentryc
Krita
Legendary Play
MILES
Picus Security
Project Space
sevDesk
AVE & YOU

"Sensors & monitoring" KPIs VC investors look at

The metrics venture investors benchmark before pricing a round - in diligence, at the IC table, on the term sheet.

Sensors deployed

Connected fleet size

Software & monitoring ARR

Hardware vs recurring mix

Software attach per sensor

Gross margin (hardware vs SaaS)

Net retention

OEM qualifications won

Connectivity cost per device

Bookings & backlog

Sensors & monitoring valuations in May 2026

Public sensors & monitoring comps trade at 4.0x EV/Revenue. Median revenue multiple across sensors & monitoring VC rounds was 10x in the last 12 months.

4.0x

Median EV/Revenue as of May 2026 for public sensors & monitoring companies

1.4x

Foxconn Industrial Internet

Foxconn Industrial Internet is the highest valued public sensors & monitoring company based on EV/Revenue (excluding outliers)

2.6x

Median EV/Revenue across sensors & monitoring M&A deals in the last 12 months

10x

Median EV/Revenue across sensors & monitoring VC rounds in the last 12 months

Key recent sensors & monitoring VC rounds

$210M Series B raised by Roark Aerospace was the largest sensors & monitoring VC round completed in the last six months.

See all sensors & monitoring VC rounds
LogoHQDescriptionInvestors
Dec-25
Roark Aerospace
Roark Aerospace is a Washington-headquartered developer of autonomous defense systems. Products include drone detection radars, counter-UAS effectors, unmanned ground vehicles, and hyperspectral sensors. The firm deploys drone-for-robot swarms and edge-based C2 platforms for real-time warfare. Roark Aerospace serves US military and allies with persistent surveillance solutions.
-
$210M
$1.8B
Series B
Jan-26
Lyte AI
Lyte AI is a perception technology provider offering LyteVision, a 4D vision system integrating imaging, depth sensing, and motion awareness for robotics, drones, and autonomous vehicles.
Atreides ManagementAvigdor Willenz+4
$107M
-
Undisclosed stage
Feb-26
ZaiNar
ZaiNar is a U.S.-based location tracking technology firm utilizing passive radio signals from cellphones, IoT devices, and chipless RFID tags. Its platform achieves sub-meter accuracy over 200-meter ranges for real-time asset monitoring in logistics, manufacturing, and security applications, outperforming GPS in scalability and cost.
Jaan TallinnJerry Yang+3
$100M
$1.0B
Series B
Feb-26
Osmo
Osmo is a Palo Alto-based AI company creating digital nose technology that detects and analyzes odors using chemical sensors and machine learning. Focused initially on fragrance formulation for brands like Coty and Givaudan, it expands to healthcare applications like disease detection via breath analysis and food quality control.
Alumni VenturesAmplo+6
$70M
-
Series B
Jan-26
Orbem
Orbem is a sensor-based AI system for monitoring animal breeding in agriculture. Its magnetic resonance imaging technology analyzes biological samples to classify traits and optimize food production lines. The platform enhances cost efficiency and generates new revenue through high-quality protein outputs for livestock operations.
83NorthGeneral Catalyst+4
$66M
-
Series B
Jan-26
Accelsius
Accelsius is a developer of passive cooling technologies that eliminate thermal limits in high-performance computing. The company's solutions enable net-zero energy data centers by managing heat in servers and GPUs. Accelsius targets hyperscale providers and edge computing deployments worldwide.
Johnson Controls
$65M
$665M
Series B
May-26
Eyeo
Eyeo is an imaging technology company advancing sensor design to capture all incoming light rays, surpassing traditional Bayer filter limitations and delivering higher resolution images for cameras and devices.
BOMHTGF (High-Tech Gruenderfonds)+4
$47M
-
Series A
Feb-26
constellr
constellr is a Berlin-based space technology company developing hyperspectral imaging satellites for agriculture and environmental monitoring. Its constellation provides data on soil health, crop performance, and carbon sequestration, serving global farming operations and climate initiatives.
Alpine Space VenturesBayern Kapital+9
$44M
-
Series A
Dec-25
Lizheng Technology
Lizheng Technology is a provider of low-altitude security solutions, including drone detection systems and related services.
Caixin CapitalCASH Capital+5
$43M
-
Series C
Dec-25
Nair Electronics
Nair Electronics is a Shanghai-based manufacturer of aviation sensors leveraging proprietary piezoelectric ceramics and MEMS chip designs. The company produces accelerometers, pressure sensors, and vibration detectors for aircraft engines and flight control systems. It supplies components to domestic Chinese airlines and drone manufacturers, emphasizing high-temperature tolerance and lightweight construction for unmanned aerial vehicles.
CRRC CapitalHaiwang Capital
$43M
-
Series D
Feb-26
Sensera Systems
Sensera Systems develops solar-powered wireless cameras, software, and services for remote jobsite monitoring. Self-contained units capture real-time imagery, time-lapse sequences, and construction records, with cloud connectivity for remote access. Software tools support data viewing, searching, interpretation, and analytics to track project progress, safety, and site conditions.
10 Atlantic GroupEgis Capital Partners+1
$27M
-
Series B
May-26
Anello Photonics
Anello Photonics is a San Jose-based developer of silicon photonic optical gyroscopes for GPS-denied navigation. The T-GYRO product combines integrated photonics with AI-based sensor fusion for applications in drones, robotics, defense systems, construction equipment, agriculture machinery, and autonomous vehicles. Holding 28 issued patents and 44 pending, the technology achieves high accuracy in jammed environments.
Catapult VenturesIronGate Capital Advisors+6
$25M
-
Series B
Apr-26
Kimbal Technologies
Kimbal Technologies is a Pune-based Indian firm delivering advanced metering infrastructure solutions for utilities. It supplies smart electricity meters, RF mesh networks, head-end systems, and AI-based reading software. The company has installed systems supporting over one million meters across Indian distribution companies like Tata Power and Adani Electricity. Kimbal Technologies aids digital transformation in power grids with modular AMI platforms.
GEF Capital PartnersNiveshaay Investment Advisory
$22M
-
Series B
Feb-26
Terra Industries
Terra Industries develops autonomous security systems and software platforms for monitoring and protecting physical assets, infrastructure, and environments across land, air, and maritime domains. Its offerings include unmanned vehicles, autonomous towers, and sensor-based surveillance hardware that gather data for real-time situational awareness. The integrated operating system processes inputs through artificial intelligence, enabling automated responses to threats. Operators manage fleets via a unified interface for mission planning, visualization, and control. These platforms serve perimeter security, asset tracking, and threat detection in complex settings like facilities and remote sites.
8VCBelief Capital+10
$22M
$100M
Seed
Apr-26
Sennos
Sennos is a Durham-based developer of the BrewMonitor System for real-time fermentation monitoring. The sensor array and web software stream data from brewing vessels to ensure consistency in beer production. Sennos targets craft breweries and large-scale manufacturers in North America to enhance efficiency and profitability.
Jan StahlbergTomEnterprise Private
$20M
-
Undisclosed stage

VC investors active in sensors & monitoring

Techstars is the most active VC investor across sensors & monitoring, having invested in 15 startups in the last three years.

See all sensors & monitoring VCs
LogoHQDescriptionKey portfolio
Techstars
Techstars is a Boulder-headquartered global network founded in 2006 that operates over 50 accelerators annually across 15 countries. It invests $120,000 in exchange for 6 percent equity in 500 startups yearly, spanning AI, sustainability, and healthcare. The firm manages a venture fund deploying capital into alumni companies and runs corporate partnerships with brands like Amazon and Barclays for innovation pilots. Techstars portfolio exceeds 3,500 companies valued over $15 billion collectively.
SeasatsAutomotusAiwsm+2
15
Pre-seed
Antler
Antler is a Singapore-headquartered global venture capital firm founded in 2017 that invests in early-stage tech companies. It operates day-zero programs in 27 cities, backing 1,000+ startups with $100 million deployed annually across AI, fintech, and sustainability. Portfolio includes unicorns like Hold One and Tiqets, with a network of 3,000 mentors and 700+ investors for follow-ons.
AmbixOSMagnefyBrighter Signals+2
12
Pre-seed
Y Combinator
Y Combinator is a San Francisco-headquartered startup accelerator that funds and mentors early-stage technology companies across sectors like software, biotechnology, and fintech. Since its inception in 2005, it has propelled alumni including Airbnb, Dropbox, and Stripe through intensive three-month programs featuring Demo Days and investor networks.
DroneTectorCongruentGridware+2
9
Pre-seed
CDP Venture Capital
CDP Venture Capital Sgr manages the National Innovation Fund in Italy, channeling investments into deep tech startups and scaleups. Rome-based, it supports hardware, biotech, and AI ventures to foster the domestic venture ecosystem under public-private partnerships.
DRONUSFinappW•SENSE+2
7
Series A
Industrial Bank of Korea
Industrial Bank of Korea is a financial institution domiciled in Korea. It offers financial services such as foreign exchange, remittances, and digital banking. Its products include deposit accounts, debit cards, and remittance options for foreign customers. The bank provides personal banking and wealth services for individuals, and loans, overdrafts, and credit facilities for businesses. It operates through a broad branch network and mobile-banking platforms. The company principally earns revenue from interest income.
Alt – AROBOSFUST Lab+2
7
Series B
RunwayFBU
RunwayFBU is a Fornebu, Norway-based tech hub and venture fund investing in over 200 tech startups, offering entrepreneurs access to mentors, industry networks, pilot customers, and co-investment opportunities. The ecosystem collaborates with incubators and partners to support scaling, housed in a dedicated facility fostering community and advisory resources.
W•SENSESonairIPercept+2
7
Series A
Bpifrance
Bpifrance is a Paris-headquartered public investment bank owned by the French state and Caisse des Dépôts that finances SMEs, mid-caps, and innovation projects. It offers loans, equity, guarantees, and export financing through funds like Large Venture and InnoBio, operating via 50 regional offices across France.
GeolinksAlta AresSkyVisor+2
7
Seed
Luminate
Luminate is a Mountain View-headquartered provider of interactive image technology originally launched as Pixazza in 2008. The platform enables developers to build image applications that overlay relevant content on web images using crowdsourcing and internet technologies created by alumni from Netscape and LiveOps. Publishers integrate these applications to enhance e-commerce and engagement across billions of image views. The private company receives funding from August Capital, CMEA Capital, Google Ventures, and Shasta Ventures.
IridesenseLirOpticMetahelios+2
7
Pre-seed
Insight Partners
Insight Partners is a New York-headquartered global venture capital and private equity firm specializing in software investments. The firm targets high-growth companies in enterprise software, SaaS, fintech, cybersecurity, and healthcare IT sectors. It provides capital, operational support, and talent placement to portfolio companies spanning seed through late-stage growth. Notable investments include DocuSign, Shopify, and Recorded Future. With offices across North America, Europe, Israel, and Asia, Insight Partners manages a diverse portfolio exceeding 800 companies. Founded in 1995, the firm emphasizes scaling businesses through dedicated teams for go-to-market strategies and mergers.
MEQ ProbePrisma PhotonicsSensi AI+2
6
Series C
Valor Equity Partners
Valor Equity Partners is a Chicago-headquartered growth equity firm investing in technology-enabled services, industrials, and healthcare companies. It has deployed over $5 billion across funds, partnering with firms like AECON Truck Lines and Eton Institute. The firm applies operational expertise to scale businesses from $50 million to $500 million in revenue.
Terra IndustriesOsmoHidden Level+2
6
Seed

Recent VC fundraising track record

See our VC fundraising experience across sensors & monitoring and beyond.

Volocopter logo

Investment

Volocopter logo

€50m investment from Geely. All-electric air taxis with vertical takeoff and landing.

AU10TIX logo

Investment

AU10TIX logo

$60m investment from TPG. ID authentication and digital record conversion software.

FlixBus logo

Investment

FlixBus logo

Investment from Silver Lake. Online intercity bus service across Europe, North America and Brazil.

Pipedrive logo

Investment

Pipedrive logo

Growth investment. Cloud-based sales CRM and pipeline management software.

ALOHA logo

Investment

ALOHA logo

$30m growth investment. Food and beverage brand with plant-based protein products.

BIScience logo

Investment

BIScience logo

Investment from WPP / Kantar. Digital and behavioral data intelligence provider.

Work4 logo

Investment

Work4 logo

Growth investment. Recruitment app for employer-candidate social media engagement.

RankAbove logo

Investment

RankAbove logo

Growth investment. End-to-end search engine optimization platform.

Yatego logo

Investment

Yatego logo

Investment from Acton. Virtual shopping mall and online marketplace platform.

XING logo

IPO Advisory

XING logo

€68m IPO. Career-oriented social networking site for the DACH region.

CRA logo

IPO Advisory

CRA logo

€1.2bn IPO. Czech digital infrastructure platform (telecom and ICT).

Delticom logo

IPO Advisory

Delticom logo

€41m IPO. Europe's largest online car and motorcycle tire platform.

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We're a specialized fundraising advisor to industrial technology companies.

Our VC fundraising experience spans across all industrial technology verticals.

SoftwareAI & MLFintechConsumer internetDigital mediaE-commerce & marketplacesConsumer productsMobilityDigital healthDigital infrastructureIT services

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