US firms dominate top 10 VC investors list in IoT tech space in 2018

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Quectel Announces Listing on Shanghai Stock Exchange

Quectel Announces Listing on Shanghai Stock Exchange

The US was home to majority of the global top 10 venture capital (VC) investors in the Internet of Things (IoT) tech space in 2018, according to GlobalData.

The top 10 VC investors (Baidu, Amazon Alexa Fund, Intel Capital, Robert Bosch, Northern Light Venture Capital, Khosla Ventures, Parkwalk Advisors, Andreessen Horowitz, General Catalyst Partners and GV Management) participated in 52 funding rounds equating to a total proportionate investment value of US$350.2m

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