| Founded | 2009 |
|---|---|
| Closed | 2022 |
| Country | France |
| Sector | Hardware |
| Total raised | ~€295M across multiple rounds (Bpifrance, NTT, Salesforce Ventures) |
| Collapse type | Slow Death |
| Founder | Ludovic Le Moan |
Sigfox
"The French IoT unicorn that raised €295M to wire the world — and sold its entire network for €5M"
Years-long decline before final shutdown
Key Events Timeline
Sigfox built a proprietary low-power wide-area network across 75 countries to connect industrial IoT devices cheaply.
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