What is Sigfox?
Headquartered in Labège, France, Sigfox operates as a specialized service provider dedicated to the 0G network—a low-power, long-range communication protocol designed specifically for the Internet of Things. By enabling billions of devices to transmit small amounts of data with minimal energy requirements, Sigfox has carved out a distinct niche in the telecommunications sector. Its infrastructure serves as a foundational layer for industrial and consumer applications, effectively bridging the gap between physical assets and cloud-based analytics. The company's market position is defined by its commitment to global scalability, allowing enterprises to deploy IoT solutions across diverse geographies without the complexity of traditional cellular networks.
How much funding has Sigfox raised?
Sigfox has raised a total of $311.1M across 5 funding rounds:
Series A
$2.7M
Series B
$12.8M
Series C
$20.7M
Series D
$115M
Series E
$160M
Series A (2011): $2.7M with participation from IOT Valley
Series B (2012): $12.8M led by Intel Capital, Partech International, iXO Private Equity, and Elaia Partners
Series C (2014): $20.7M supported by Ixo Private Equity, Idinvest Partners, Bpifrance, Elaia Partners, Partech Ventures, and Intel Capital
Series D (2015): $115M featuring iXO Private Equity, Idinvest Partners, Samsung, Partech Ventures, Bpifrance, Elaia Partners, and Intel Capital
Series E (2016): $160M backed by Total, Alto Invest, SWEN Capital Partners, Intel Capital, Bpifrance, Air Liquide Investments, iXO Private Equity, Elliott Management Corp., and Idinvest Partners
Key Investors in Sigfox
Intel Capital
Founded in 1991, Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, next-generation compute, and a wide range of other technologies.
Partech Ventures
Partech is a global investment firm that brings together capital, operational experience, and strategic support for entrepreneurs at seed, venture, and growth stages across multiple continents.
Bpifrance
Based in France, Bpifrance finances companies at each stage of their development with credit, guarantees, and equity, supporting innovation projects and international expansion.
What's next for Sigfox?
Following its series of major enterprise-level funding rounds, Sigfox is well-positioned to accelerate its international expansion and deepen its technological integration within the broader industrial ecosystem. The strategic focus moving forward involves enhancing network density and fostering a more robust partner ecosystem to drive the adoption of 0G connectivity in emerging markets. As the demand for sustainable, energy-efficient IoT solutions continues to rise, Sigfox is expected to leverage its existing capital reserves to refine its cloud-to-device communication architecture, ensuring it remains the preferred connectivity partner for large-scale digital transformation initiatives. The company's trajectory suggests a continued emphasis on strategic alliances with industrial leaders to maintain its competitive edge in the rapidly evolving connectivity landscape.
See full Sigfox company page
