Best Internet of Things Infrastructure Companies in France
The 125 best Internet of Things Infrastructure companies in France in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Sigfox.
France's Internet of Things Infrastructure sector has quietly pulled together $993M in disclosed funding across 125 tracked companies, and not a single unicorn in the mix. That's the number I'd start with, because it tells you something real: this is a market built on earned conviction, not paper valuations. Sigfox leads the funding table at $406M, followed by Actility at $122M and Kineis at $111M, three companies whose capital raises reflect genuine infrastructure bets on low-power wide-area networks and satellite IoT connectivity. Telecom Design and Sequans round out the top tier at $76M and $54M respectively.
So what's driving continued investor appetite here? Bpifrance, Europa, and Demeter are the most active backers, which signals strong public-private alignment, especially as green infrastructure and water infrastructure themes pull more capital toward connected sensing and monitoring applications. Coverage is expanding, not contracting. The best Internet of Things Infrastructure companies in France, ranked here by disclosed equity funding and recent funding momentum, reflect a sector where the hardware and network-layer work is unglamorous but the stakes are genuine. You won't find inflated multiples or late-stage hype cycles in this directory. What you'll find is where the serious money actually went.
Our analysis of 50 Internet of Things Infrastructure companies
$10.3b in tracked funding; 83% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Internet of Things Infrastructure companies in France
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Sigfox Provider of low power wide area network connectivity for devices | $406M | 89 mo ago | 200 | Ludovic Moan Co-Founder & CEO | WordPress Block EditorElementorWordPress+34 | 423 patents Low-power wide-area network protocols for device geolocation and reliable data transmission. | — |
| 2 | Actility Provider of IoT platform for LPWAN networks and device management 64Moat top 28%Funding top 29%Growth top 35%Patents top 35% All 11 signals ▾Moattop 28% Fundingtop 29% Growthtop 35% Patentstop 35% Producttop 37% Innovationtop 38% Talenttop 38% Markettop 49% Techtop 50% Newsbottom 46% Globalbottom 43% Moat: Editorial + unicorn rating 8/10 · IP moat: 35 patents Funding: Raised $122M across 6 rounds · 6 rounds over 15 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 64/100 | $122M | 30 mo ago | 133 | Bernard Jannes Co-Founder | WordPressMySQLPHP+19 | 35 patents LPWAN communication protocols and device-to-device frame encoding/decoding for IoT networks | — |
| 3 | Kineis Operator of satellite constellations providing connectivity for remote asset tracking | $111M | 59 mo ago | 63 | Christophe Vassal Founder | WordPressMySQLPHP+25 | — | — |
| 4 | Telecom Design Provides technology and security solutions to IOT / M2M devices over Sigfox network | $76M | 50 mo ago | 48 | — | — | 48 patents NB-IoT interference detection and alarm signaling; AC charging longevity for wearable connectors. | — |
| 5 | Sequans Provider of cellular IoT chips, modules, and intellectual property solutions 60Innovation top 28%Tech top 30%Funding top 31%Product top 32% All 11 signals ▾Innovationtop 28% Techtop 30% Fundingtop 31% Producttop 32% Newstop 36% Talenttop 41% Globaltop 42% Marketbottom 49% Growthbottom 48% Moatbottom 45% Fin. healthbottom 32% Innovation: 3 product lines · Deep-tech classification: Blockchain, Tech Hardware Tech: 40 technologies across 5/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 60/100 | $54M | 11 mo ago | 258 | Georges Karam Chairman & CEO | WordPressMySQLPHP+23 | — | — |
| 6 | Open Data Soft Provider of data marketplace solutions for internal, B2B, and public use | $32M | 53 mo ago | 99 | David Thoumas Co-Founder & CTO | WordPressMySQLPHP+23 | — | 1 award |
| 7 | Secure-IC Provider of cybersecurity solutions for embedded systems and connected objects | $23M | 53 mo ago | 113 | Hassan Triqui CEO | WordPressMySQLPHP+17 | 12 patents Secure card transaction authentication and automated digital data backup solutions | — |
| 8 | Prove & Run Provider of security solutions for embedded systems and connected devices 37Innovation top 23%Product top 36%Growth top 45%Funding top 46% All 7 signals ▾Innovationtop 23% Producttop 36% Growthtop 45% Fundingtop 46% Globalbottom 36% Techbottom 31% Marketbottom 27% Innovation: 7 product lines · Deep-tech classification: Tech Hardware Product: 7 distinct product lines · Company stage: Series A rank vs industry peers · Fliar Intelligence Index 37/100 | $16M | 30 mo ago | 23 | — | WordPressMySQLPHP+18 | — | 1 launch |
| 9 | eDevice Provider of back-end infrastructure that connects remote monitoring devices to hospitals and healthcare… | $15M | 295 mo ago | 23 | — | WordPressMySQLPHP+23 | 30 patents Remote cardiac patient monitoring using wearable telemetry and mobile network connectivity | — |
| 10 | Ijenko Platform to connect energy devices (IP or non IP) | $14M | 147 mo ago | 19 | Eric Chareyron Co-Founder | — | — | — |
| 11 | Sentryo Cybersecurity & situation awareness solution for industrial networks & IoT | $13M | 91 mo ago | 75,000 | — | — | — | — |
| 12 | Qowisio Low cost and energy efficient wireless networks for connected objects | $12M | 132 mo ago | 16 | — | — | 4 patents Smart container filling control with data communication and voting response systems | — |
| 13 | Yes It Is Online suite solutions for digital transaction management | $11M | 55 mo ago | 17 | Nicolas Baudry Co-Founder | — | — | — |
| 14 | Tiempo Secure Developer of technologies for intelligent computing across various applications | $8M | 190 mo ago | 16 | — | — | — | — |
| 15 | GreenWaves Technologies Fabless semiconductor company developing IoT processors and SoCs | $8M | 88 mo ago | 49 | Joel Cambonie co-founder & VP of engineering | — | — | — |
| 16 | Luceor Provider of WiMesh and HyMesh network solutions, routers, antennas, and software | $7M | 171 mo ago | 24 | — | — | 8 patents Optimizing routing and data rates in multi‑hop wireless ad‑hoc networks | — |
| 17 | IDEMIA Provider of biometric and cryptographic solutions for secure transactions and identities | $7M | 54 mo ago | 2,090 | Pierre Barrial President & Chief Executive Officer | WordPressApple iCloud MailMySQL+29 | 2 patents Contactless smart card chips and secure document anti‑counterfeiting technologies | — |
| 18 | Uwinloc Battery less tracking solution for cargo | $7M | 74 mo ago | 25 | — | — | 81 patents Patents concentrated in electrical & electronics | — |
| 19 | Tellmeplus Artificial Intelligence for Big Data | $6M | 124 mo ago | 13 | — | — | 13 patents Predictive state modeling for IoT devices and personalized content filtering using AI | — |
| 20 | IoTize Provider of short-range wireless connectivity chipsets for IoT applications | $4M | 134 mo ago | — | Michael Leplatois CEO & President | ZohoPHPMediaElement.js+12 | — | 1 partnership |
| 21 | Vivoka Provider of speech recognition software for various sectors | $3M | 81 mo ago | 34 | — | WordPressMySQLPHP+16 | 4 patents Speech recognition engine design, grammar transcription, and performance evaluation tools. | 2 launchs |
| 22 | MicroEJ Provider of an IDE platform for IoT development | $3M | 174 mo ago | 60 | Fred Rivard Founder & CEO | WordPressMySQLPHP+19 | — | — |
| 23 | Connit Platform for storing and analysing IoT data, managing IoT devices and creating dashboards | $3M | 116 mo ago | 5 | Pascal Corbillon Co-Founder | — | — | — |
| 24 | Adeunis Develops networking hardware and related software for M2M applications | $3M | 141 mo ago | 5 | — | WordPressMySQLPHP+25 | 60 patents Patents concentrated in electrical & electronics | — |
| 25 | SPALLIAN Provider of visual data analytics software for enterprises | $3M | 108 mo ago | 21 | Renaud Prover Founder & CEO & Chairman | WordPressMySQLPHP+24 | — | — |
| 26 | Cartesiam Developing of ML based edge computing solution for industrial applications | $3M | 90 mo ago | 22 | — | — | 27 patents Edge AI anomaly detection for industrial machines using current and vibration signals | — |
| 27 | Kerlink Provider of IoT connectivity equipment, software, and services for network deployment | $3M | 156 mo ago | 91 | — | WordPressMySQLPHP+24 | 100 patents LPWAN‑cellular IoT gateway hardware and radio‑signal geolocation solutions | 1 job opening · 1 launch |
| 28 | Gridbee Com. Provider of broadband communication solutions for smart objects | $2M | 133 mo ago | 11 | — | — | — | — |
| 29 | Acklio Software solution for core networks and devices to enable interoperability | $2M | 78 mo ago | 17 | — | — | 30 patents Patents concentrated in electrical & electronics | — |
| 30 | IoTerop Provider of M2M IoT communication solutions | $2M | 79 mo ago | 27 | David Navarro Co-Founder | — | 6 patents Patents concentrated in computing, sensing & instrumentation | 1 launch |
| 31 | VizioSense Provider of AI and cloud-based optical sensors for people counting | $2M | 37 mo ago | 13 | — | WixSentryBootstrap+15 | — | 1 launch |
| 32 | Oridao RFID-based traceability and authentication solutions. | $1M | 127 mo ago | 11 | Nicolas Reffe Founder | — | 25 patents Secure RFID backscatter communication and cryptographic data processing for IoT devices. | — |
| 33 | RFence Provider of AI-powered solutions to detect radio waves | $1M | 49 mo ago | 9 | Nicolas Collier Co-Founder & CTO | HSTSCloudflare Browser InsightsCloudflare+2 | — | — |
| 34 | Matooma SIM card and SIM card management platform for M2M applications | $1M | 146 mo ago | 42 | — | Cart FunctionalityHubSpot CMS HubAlgolia+19 | — | — |
| 35 | Intesens Provider of IoT sensors | $1M | 128 mo ago | 10 | Mathieu Sacrispeyre CEO | — | 10 patents Patents concentrated in electrical & electronics | — |
| 36 | Mainflux Provides cloud-based IOT platform and hardware modules for IOT device management | $1M | 36 mo ago | 10 | — | VarnishBootstrapGitHub Pages+12 | — | — |
| 37 | Wisebatt Platform to develop IoT devices | $1M | 93 mo ago | 2 | Wilfried Dron Co-Founder & CEO | — | — | — |
| 38 | Alpwise Software solutions to enable wireless for IoT applications | $993K | 155 mo ago | 5 | Serge Veyres Founder & CEO | — | — | — |
| 39 | Sensinov IoT platform for cross domain device interoperability | $831K | 89 mo ago | 15 | — | WebflowYouTubeGSAP+15 | — | — |
| 40 | EDITAG Provider of IoT solutions for asset tracking and security | $800K | 136 mo ago | 17 | Frederic Pithoud CEO | — | 7 patents Modular RFID solutions integrating passive and active tags for flexible asset tracking | — |
| 41 | Vertical M2M Cloud-based platform for IoT application enablement | $667K | 108 mo ago | 11 | Julien Delaporte Co-Founder | — | — | 1 partnership |
| 42 | Prometheus X Developer of infrastructure and building blocks for decentralized data sharing | $413K | 29 mo ago | — | Matthias Bievre Founder / CEO of Visions & Co-Founder / President | — | — | — |
| 43 | EXOTIC SYSTEMS Designs & manufactures industrialized connected devices | $276K | 90 mo ago | 10 | Amish Chana Ceo | — | — | — |
| 44 | Ubiscale Provider of IoT software and low-power receiver IPs for GPS tracking | $166K | 103 mo ago | — | — | — | 6 patents Real-time positioning and orbital data updates for geolocation beacons | — |
Top 12 Internet of Things Infrastructure companies in France
#1
Acquired · Colombes, Ile de France · founded 2003 · 258 employees$53.8Mraised▾
Provider of cellular IoT chips, modules, and intellectual property solutions. The company offers chips and modules supporting various LTE categories and 5G NR. These products are optimized for IoT applications, enabling connectivity for industrial, medical, and telematics uses. The company also provides RF transceivers for software-defined radio applications.
- Jul 2025Post IPO$384M
- Apr 2021Post IPO$40M
- Feb 2021Grant (prize money)—
- Jan 2020Grant (prize money)$631.6K
#2
Acquired · Paris, Ile de France · founded 2010 · 133 employees$121.6Mraised▾
Provider of IoT platform for LPWAN networks and device management. The platform supports LoRaWAN, cellular, and satellite technologies, offering device integration, open standard APIs, and administration interfaces. It delivers solutions for smart industries, agriculture, cities, energy, logistics, and buildings. The platform offers deployment flexibility, monitoring, geo-redundancy, and continuous upgrades.
- Dec 2023Series D$17.3M
- Apr 2017Series D$75M
- Jun 2015Series C$25M
- May 2015Grant (prize money)$1.2M
#3
Acquired · Labege, Occitanie · founded 2010 · 200 employees$405.5Mraised▾
Provider of low power wide area network connectivity for devices. This technology enables secure data transmission for internet of things applications. The infrastructure supports communication for sensors and tracking hardware requiring minimal energy consumption. Users access documentation, development tools, and dashboards to integrate hardware with the network. The service facilitates asset management and monitoring across various industrial and commercial sectors.
- Jan 2019Grant (prize money)$437.3K
- May 2017Series E—
- Apr 2017Series E$75M
- Mar 2017Series E$15.8M
#4
Series A · Paris, Ile de France · founded 2009 · 23 employees$16.2Mraised▾
Provider of security solutions for embedded systems and connected devices. The company delivers trusted software solutions, including secure operating systems and hardware security modules. It offers services such as security engineering, consulting, and certification support. The company focuses on industries including automotive, aerospace, telecom, and IoT.
- Dec 2023Series A$16.2M
- Dec 2022Grant (prize money)$681.3K
- Dec 2018Grant (prize money)—
- Jan 2018Grant (prize money)—
#5
Funding Raised · Canejan, Nouvelle Aquitaine · founded 2000 · 48 employees$76Mraised▾
Telecom Design (a subsidiary of INS Group) which has 3 divisions. It provides technology solutions through its division - TD Next. This evolved from multi-connect dongles, GPS kits, to a partnership with Sigfox to provide IoT enabling RF network modules and cloud services. It provides security solutions to IoT Devices connected through Sigfox powered sensors in its second division - MCS 360. This finds applications in areas like fire detection, intrusion detection, vehicle tracking, etc. Its 3rd division called Vitalbase enables IoT in healthcare through its products like fall detection.
- Apr 2022Conventional Debt$76M
#6
Series D · Ramonville Saint Agne, Occitanie · founded 2018 · 63 employees$110.9Mraised▾
Operator of satellite constellations providing connectivity for remote asset tracking. This infrastructure enables the transmission of data from connected devices located in areas lacking terrestrial network coverage. The system facilitates the monitoring and geolocation of equipment and maritime vessels. Data collected through these satellite links supports operational oversight and the management of industrial or environmental installations.
- Jul 2021Grant (prize money)$853.2K
- Feb 2020Series D$110.9M
#7
Series B · Paris, Ile de France · founded 2011 · 99 employees$32.2Mraised▾
Provider of data marketplace solutions for internal, B2B, and public use. The company offers capabilities such as data cataloging, business glossary, and metadata management. It facilitates data visualization, automation, and intelligent search through AI. The platform enables collaboration, API integration, and user access management. Solutions address data governance, dashboarding, smart cities, open government, and master data management needs.
- Jan 2022Series B$25M
- Oct 2016Series A$5.5M
- Jan 2016Grant (prize money)$232.1K
- Jul 2015Seed$1.7M
#8
Acquired · Cesson Sevigne, Brittany · founded 2010 · 113 employees$22.7Mraised▾
Provider of cybersecurity solutions for embedded systems and connected objects. The company offers protection technologies, integrated secure elements, and security evaluation platforms. It provides services to manage connected objects lifecycle and reach compliance with certification standards. The company delivers pre and post-silicon analysis tools, software security evaluation, and security training.
- Jan 2022Series B$22.7M
- Jan 2018Grant (prize money)$581K
#9
Funding Raised · Courbevoie, Ile de France · founded 2007 · 2090 employees$7Mraised▾
Provider of biometric and cryptographic solutions for secure transactions and identities. The company delivers payment card issuance services, digital payment options, and seamless public transit solutions. It offers connectivity for consumer devices, IoT, and connected cars, including eSIM technology. The company provides hardware security modules and quantum-ready cryptographic libraries. Furthermore, it offers access control, biometric identity for OEMs, and justice and public safety solutions.
- Dec 2021Grant (prize money)$677.2K
- Sep 2021Grant (prize money)—
- Jun 2021Grant (prize money)$513K
- Sep 2020Grant (prize money)$1.6M
#10
Series A · Clermont Ferrand, Auvergne Rhone Alpes · founded 2015 · 17 employees$10.6Mraised▾
Yesitis provides digital transformation and customer relationship management software. It allows users to digitize customer information with security, manage media platforms to address all needs related to traceability, logistics, and B2B services. It helps teams to build customer relationships, optimize industrial and logistic processes and customer relationship management solutions. It caters to solutions to aeronautics, luxury, logistics, health, music, and food industries.
- Nov 2021Series A$9.9M
- May 2018Seed$726K
#11
Funding Raised · Paris, Ile de France · founded 2015 · 10 employees$1.2Mraised▾
Mainflux is an end-to-end IOT solution provider. It provides a cloud-based platform as a service to hardware expertise for IOT/M2M devices and applications. Applications include data, device and asset management. It claims its benefits to be developer friendly through its data security, open APIs, built-in graphic elements, analytical and visualization tools, etc. It also offers benefits like being hardware agnostic, scalable, being protocol flexible,etc.
- Jun 2023Grant (prize money)$323.1K
- Sep 2021Grant (prize money)$379.1K
- Oct 2020Grant (prize money)$500.2K
#12
Seed · Paris, Ile de France · founded 2020 · 13 employees$1.5Mraised▾
Provider of AI and cloud-based optical sensors for people counting. It develops customized plug-and-play sensors and API-based dashboards. It has applications in people counting, parking management, advertisement and marketing impact measurement, helmet detection, waiting for line measurements, transportation peak monitoring, and automated inventory management.
- May 2023Seed$1.5M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Internet of Things Infrastructure coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Internet of Things is moving in France
A read on the academic research around Internet of Things — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 711 France-affiliated papers.
- Centre National de la Recherche Scientifique162
- École Polytechnique Fédérale de Lausanne30
- Institut National des Sciences Appliquées de Lyon23
- Institut national de recherche en informatique et en automatique20
- Commissariat à l'Énergie Atomique et aux Énergies Alternatives20
- Wireless3→36
- Wireless sensor network11→38
- Key (lock)2→28
- Computer security2→26
- Scalability1→23
- Wireless sensor network7→31
- Wireless4→22
- Energy (signal processing)2→20
- Embedded system2→14
- Transmission (telecommunications)2→13
- Key (lock)2→7
- Computer security7→11
- Wireless2→6
- Data science4→7
- Big data3→5
Where iot is researched across France
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing iot patents in France
France iot patent filing is cooling — 15,330 filings from 5,855 assignees (2016–2025), led by Alcatel Lucent, Orange, Thomson Licensing; annual filings 2050→916.
- Alcatel Lucent6079
- Orange2821
- Thomson Licensing2386
- France Telecom1502
- Thales1001
- Gemalto922
- CIT Alcatel502
- PSA Automobiles445
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.