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Country: France

  • Sigfox is a French telecommunications operator founded in 2009 by Christophe Fourtet and Ludovic Le Moan and based in Labège near Toulouse, which is developing its own network to support and accompany the development of the Internet of Things

News

Internet of Things: Sigfox's buyer aims to break even by 2024 22/07/2023

  • In April 2022, UnaBiz took over the assets of Sigfox in Toulouse and its 200 employees.
  • Sigfox, founded in 2010, had raised 277 million euros and had a network extended to 77 countries with up to 450 employees.
  • Sigfox's sales rose from 48 million euros in 2017 to 24 million in 2020.
  • UnaBiz had 220 employees and sales of $18 million in 2021.
  • The number of objects connected to the network rose from 9.8 million in April 2022 to 11.4 million.
  • Sigfox claimed to have 20 million connected objects by 2021.
  • Sigfox has 1,500 customers, including DHL, Securitas, TotalEnergies, BNP and Société Générale.
  • Henri Bong, founding chairman of UnaBiz, invested $40 million in the Sigfox takeover.
  • UnaBiz raised $50 million in November 2022 and plans a new round of financing in 2024.

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