Iot

NGP Powers European and Israeli IoT Industry report by Tech.eu

News, Europe

First comprehensive State of the Nation report of IoT funding and exits in Europe and Israel published today 

Tech.eu today published the latest research of the state of IoT in Europe and Israel. The reports gives an overview of the key funding and exit trends in Europe and presents the up-and-coming European IoT companies. The report concludes that while M&A activity remains low in Europe, the European and Israeli IoT industry is accelerating fast. In 2015 there were 84 investments in the space, worth a combined €411 million. In the first four months of 2016 alone, the region has seen up to €242 million invested in IoT companies, across 49 deals. From 2015 until April 2016, there were just 11 exits in the sector, including 10 acquisitions and one small IPO from Swedish company Plejd.

The funding and M&A data for the sector in Europe and Israel indicate that the industry’s best years are still ahead.

The report done by Tech.eu and Dealroom and powered by NGP. Download the report for free here:

Tech.eu_IoT_report.compressed