The IoTeX ecosystem features a high-performance, EVM-compatible blockchain that supports a wide range of applications, from smart home devices to autonomous vehicles.
This flexibility is complemented by the platform's commitment to privacy and scalability, addressing critical challenges in the rapidly evolving IoT landscape.
FUNDING
As of 2024 IoTeX raised $50M in a funding round from SNZ Holding, Foresight Ventures, Borderless Capital, Amber Group, FutureMoney Group, Metrics Ventures, Waterdrip Capital, Escape Velocity, Summer Ventures.