Diligence memo · auto-generated · as of July 2, 2026
IoT.nxt
IoT.nxt has raised $7.7M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
IoT.nxt operates in Hardware / Semiconductors, based in SA, Africa. SA’s IoT.nxt raises $7.7m for global expansion 0 By Tom Jackson on February 23, 2017 News , Southern Africa South African Internet of Things startup IoT.nxt has secured a further ZAR100 million (US$7.7 million) from funding partner Talent Holdings to expand globally. The Pretoria-based IoT.nxt has developed a framework that moves business beyond islands of automation and towards a seamless horizontally and vertically integrated digital enterprise.
Sub-sector tags: hardware/semi.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
IoT.nxt has raised $7.7M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $7.7M on 2017-02-23.
Most recent recorded round closed around 2017-02-23.
Valuation (modeled)modeled
Provath models IoT.nxt at approximately $125M (range $10.0M–$678M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 9.4 yr ago; this sector typically re-raises about every 16 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 74% of Hardware / Semiconductors peers (130 compared).
Modeled value ranks above 87% of those peers.
Closest niche peers: ACCO Semiconductor, Inc., Indice Semiconductor Inc., Immedia Semiconductor, Inc..
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.