IoTeX
IoTeX is a blockchain technology company founded in 2017, focused on connecting the Internet of Things (IoT) with blockchain technology. The company aims to empower individuals to own and control their smart devices and the data they generate. IoTeX addresses key IoT challenges such as trust, security, and sovereignty by utilizing decentralized blockchains to manage billions of smart devices. The company specializes in Decentralised Physical Infrastructure Networks (DePIN), allowing users to earn value from real-world infrastructure in sectors like mobility, energy, and environmental sensing.
Investing activity
IoTeX appears in 1 AI deal tracked by the AI Lounge deals desk. The rounds are mostly Seed, with a median round size of $5M. The most recent is DGrid AI (Seed, $5M, Jul 2026).
IoTeX most often invests alongside Zenith Capital, Paramita VC and Waterdrip Capital, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about IoTeX
What AI companies has IoTeX invested in?
IoTeX's AI investments include DGrid AI. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is IoTeX based?
IoTeX is based in Menlo Park, California, United States.
What stage does IoTeX invest at?
In the rounds tracked on AI Lounge, IoTeX has invested at Seed, with a median round of $5M.
Who does IoTeX co-invest with?
IoTeX's most frequent co-investors on AI Lounge are Zenith Capital (1 deal), Paramita VC (1 deal) and Waterdrip Capital (1 deal).
How can founders reach IoTeX?
Founders on AI Lounge can see IoTeX's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add IoTeX to their Investor Pipeline to track the conversation.