What is Sigfox?
Headquartered in Labège, France, Sigfox operates as a specialized service provider dedicated to the 0G network, a low-power wide-area network (LPWAN) designed specifically for the Internet of Things. The company addresses the fundamental challenges of global IoT adoption—namely, high energy consumption, prohibitive costs, and limited scalability—by providing a streamlined, device-to-cloud communication protocol. This infrastructure allows billions of connected devices to transmit small amounts of data with minimal power requirements, making it an essential utility for industrial, logistics, and smart city applications. By positioning itself as a global connectivity layer, Sigfox enables enterprises to integrate IoT solutions into their operations 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 Partech International, Elaia Partners, iXO Private Equity, and Intel Capital
Series C (2014): $20.7M supported by Idinvest Partners, Bpifrance, Intel Capital, Elaia Partners, Partech Ventures, and Ixo Private Equity
Series D (2015): $115M featuring Partech Ventures, iXO Private Equity, Elaia Partners, Idinvest Partners, Bpifrance, Samsung, and Intel Capital
Series E (2016): $160M backed by Idinvest Partners, Intel Capital, Total, Bpifrance, Air Liquide Investments, iXO Private Equity, Elliott Management Corp., Alto Invest, and SWEN Capital Partners
Key Investors in Sigfox
Intel Capital
A division of Intel, this firm invests in innovative startups targeting artificial intelligence, 5G, and next-generation compute technologies to drive ecosystem growth.
Partech Ventures
A global investment firm providing capital and operational support to entrepreneurs across seed, venture, and growth stages in the tech and deep tech sectors.
Bpifrance
A French public investment bank that supports companies through credit, guarantees, and equity to foster innovation and international development.
What's next for Sigfox?
Looking ahead, Sigfox is poised to leverage its substantial capital reserves to deepen its market penetration and enhance its network ecosystem. The strategic focus will likely shift toward optimizing the 0G protocol for emerging industrial use cases, such as predictive maintenance and supply chain transparency, where long-range, low-power connectivity is paramount. As the IoT market matures, Sigfox's ability to maintain its competitive edge will depend on its capacity to foster partnerships with hardware manufacturers and system integrators. The continued backing from its investor base suggests a long-term commitment to scaling the network's reach and ensuring that Sigfox remains the standard for massive IoT connectivity in an increasingly digitized global economy.
See full Sigfox company page
