What is Netatmo?
Founded in 2011 and headquartered in France, Netatmo specializes in the design and manufacturing of smart home devices. Their product portfolio includes advanced security cameras, personal weather sensors, and internet-connected smoke detectors, all aimed at enhancing home safety and convenience through intelligent technology. The company's focus on user-friendly, aesthetically pleasing devices has established it as a notable player in the rapidly growing smart home sector.
How much funding has Netatmo raised?
Netatmo has raised a total of $38.4M across 2 funding rounds:
Private Equity
$5.8M
Private Equity
$32.6M
Private Equity (2013): $5.8M with participation from IRIS Capital and Bpifrance
Private Equity (2015): $32.6M led by Legrand, Iris Capital, and Bpifrance
Key Investors in Netatmo
IRIS Capital
IRIS Capital is a venture capital firm that specializes in providing funding and sector-specific expertise to tech entrepreneurs at various stages, from seed and Series A to late-stage growth.
Bpifrance
Founded in 2012, based out of France, Bpifrance finances companies - at each stage of their development - with credit, guarantees and equity. Bpifrance supports them in their innovation projects and internationally.
Legrand
Legrand is a global specialist in electrical and digital building infrastructures, offering solutions for commercial, industrial, and residential markets.
What's next for Netatmo?
With the recent influx of major strategic investment, Netatmo is poised to accelerate its product development and market penetration. This capital infusion will likely support the expansion of its smart home ecosystem, potentially leading to new device categories or enhanced features for existing products. The company's trajectory suggests a continued emphasis on innovation and a commitment to providing consumers with sophisticated, integrated smart home solutions, further solidifying its position in the competitive enterprise-level funding landscape.
See full Netatmo company page
