HomeFranceFirecell Closes €6.6M Seed Funding Round

Firecell Closes €6.6M Seed Funding Round

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Firecell

Firecell, a Nice, France-based company providing connectivity solutions, raised €6.6M in Seed funding.

The round was led by Ventech and Matterwave Ventures, with participation from Bpifrance’s Digital Venture fund and Bouygues Telecom Initiative. 

The company intends to use the funds to:

  1. Develop a new range of products with new features such as geolocation and protection against cyber-attacks.
  2. Deploy its offering in Europe, notably in Germany, where the startup is establishing a subsidiary. 
  3. Recruit around fifteen people (sales, R&D, etc.).  

Led by CEO Firecell offers connectivity solutions tailored to the specific needs of industrial companies. Designed for demanding industrial environments, the 5G solution provides reliable, secure, high-performance connectivity by covering warehouses and logistics centers of over 30,000 square meters with less than 5 5G access points. The platform ensures efficiency in mobile communications, and ensures a level of security with native communication encryption and compatibility with all modern industrial terminals.  

Firecell already counts 75 clients, including: SNCF, Airbus, Thales, Fives, US Army, the US Department of Energy, ID Logistics, Campus Schwarzwald, and Team Henri Fabre.  

FinSMEs

01/04/2024

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