The Internet of Things field has many accelerators and incubators available for founders. These programs provide support at different growth stages and operate worldwide.
Some firms have extensive investment histories, such as Plug and Play with over 2,200 investments. Others like Forum Ventures also show considerable activity with nearly 500 investments.
Below is our list of the best 76 IoT accelerators and incubators.
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2,189 Accelerators & Incubators
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Get the Sheet for $50Plug and Play operates a global innovation platform that connects startups with a massive network of corporate partners for investment and pilot opportunities. They support founders across dozens of sectors, offering industry-specific accelerator programs that are notably free and take no equity.
| Headquarters | Sunnyvale, California, United States |
| Year Founded | 2006 |
| Founders | Jojo Flores, Ali Safavi, Saeed Amidi, Jackie Hernandez |
| Investment Amount | $50K-$250K (investment arm); Accelerator is FREE |
| Equity Taken | 1-5% (investment arm only); 0% for accelerator |
| Nº of Investments | 2273 |
| Nº of Exits | 205 |
| Program Type | On-Site |
Exclusively for Stanford's top entrepreneurs, StartX is an educational non-profit that provides a founder-focused community and a vast array of resources. They help founders across a wide range of industries build their ventures through expert mentorship and long-term support.
| Headquarters | Palo Alto, California, United States |
| Year Founded | 2011 |
| Founders | Matt Man, Richard Rabbat, Anuj Khandelwal, Christopher Morace, Arthur Meng, Dan McEleney, Danny Yu, Katie Fo, Steve Petersen, Lily Sarafan, Dan Ha, Jonathan Golden, Juan Vera, Haamid Ali, Charles Blanluet, Karen Katz, Cameron Teitelman |
| Nº of Investments | 339 |
| Nº of Exits | 81 |
Forum Ventures runs a pre-seed accelerator focused exclusively on B2B SaaS startups, providing $100k in initial funding. Their program is built around a strong founder community and go-to-market support to help companies secure their first customers.
| Headquarters | New York, New York, United States |
| Year Founded | 2014 |
| Founders | Nick Mehta, Michael Cardamone, Bruce Morrison |
| Investment Amount | Pre-Seed Accelerator: $100K |
| Equity Taken | Pre-Seed: 7.5% (via post-money SAFE) |
| Nº of Investments | 497 |
| Nº of Exits | 48 |
| Program Type | Online |
| Duration (Weeks) | 24 |
EvoNexus helps deep-tech and life science entrepreneurs in Southern California turn their ideas into commercially viable businesses. This non-profit incubator provides crucial mentorship and resources without taking equity, a model that has helped launch successful companies like ecoATM.
| Headquarters | La Jolla, California, United States |
| Year Founded | 1998 |
| Founders | Rory Moore, Walter Davis |
| Nº of Investments | 227 |
| Nº of Exits | 43 |
As the venture capital arm of Japan's leading telecommunications company, NTT DOCOMO Ventures funds innovative startups across a wide spectrum of technology sectors. They provide capital and strategic collaboration opportunities to help companies in fields like AI, IoT, and FinTech create new services and business models.
| Headquarters | Minato, Chiba, Japan |
| Year Founded | 2008 |
| Founders | — |
| Nº of Investments | 168 |
| Nº of Exits | 41 |
Since 2005, H-FARM has been helping entrepreneurs launch new initiatives while also supporting the digitalization of established corporations. This innovative platform provides seed funding and resources to startups across a wide range of industries, from FinTech to AI, creating a unique ecosystem where new ventures and corporate innovation can grow together.
| Headquarters | Roncade, Veneto, Italy |
| Year Founded | 2005 |
| Founders | Maurizio Rossi, Riccardo Donadon |
| Investment Amount | €50K-€500K typical seed funding; ES Accelerator: equity investment + follow-on potential |
| Nº of Investments | 86 |
| Nº of Exits | 18 |
| Program Type | On-Site |
Rockstart empowers purpose-driven founders with early-stage investment, focusing on ventures in the AgriFood, Energy, and Emerging Tech sectors. They provide the capital and support necessary for these startups to scale their solutions and create a more sustainable future.
| Headquarters | Amsterdam, Noord-Holland, The Netherlands |
| Year Founded | 2011 |
| Founders | Don Ritzen, Rune Theill, Oscar Kneppers, Hans Paul Pizzinini, Koen Wagemakers |
| Investment Amount | €100K-$1M (typical range) |
| Equity Taken | 6-7% (example: €100K for 6-7%) |
| Nº of Investments | 263 |
| Nº of Exits | 15 |
Focused on the unique challenges of building physical products, Highway1 helps hardware startups move from prototype to production. The program provides founders with seed funding, engineering support, and manufacturing expertise to bring their ideas to market.
| Headquarters | San Francisco, California, United States |
| Year Founded | 2013 |
| Founders | Liam Casey, Brady Forrest |
| Investment Amount | $100K or $50K |
| Equity Taken | 8% or 5% depending on investment |
| Nº of Investments | 83 |
| Nº of Exits | 13 |
As Canada's leading SaaS accelerator, L-SPARK works with market-ready enterprise software and cloud companies to help them scale. The program connects founders with top SaaS experts to secure funding and drive growth, operating on a unique performance-based equity model.
| Headquarters | Ottawa, Ontario, Canada |
| Year Founded | 2014 |
| Founders | Leo Lax |
| Investment Amount | $0 direct investment (no fund) |
| Equity Taken | 3% performance-based equity IF funding raised within 18 months (6-month program + 12 months after); 0% if no funding raised |
| Nº of Investments | 108 |
| Nº of Exits | 13 |
| Program Type | On-Site |
| Duration (Weeks) | 24 |
Sozo Ventures operates as a cross-border venture fund, providing US-based technology startups with the capital and expertise needed for global expansion into markets like Japan. Their portfolio includes titans like Zoom, Coinbase, and Palantir, showcasing their role as a proven go-to-market partner for ambitious companies.
| Headquarters | Redwood City, California, United States |
| Year Founded | 2012 |
| Founders | Koichiro Nakamura, Phil Wickham |
| Nº of Investments | 68 |
| Nº of Exits | 12 |
66 Additional IoT Accelerators and Incubators Worth Applying To
Our top picks are a great starting point, but they're far from the only ones out there. The programs below have collectively invested in over 2,500 startups and helped more than 125 of them reach an exit.
You can find support for your IoT venture all over the globe, with strong hubs in the United States, Europe, and Asia. Here’s a look at the other accelerators and incubators helping founders in this space.