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ENGIE invests in Sigfox, a specialist in the Internet of Things
Other innovations 11/02/2015

ENGIE invests in Sigfox, a specialist in the Internet of Things

Through its investment fund ENGIE New Ventures, the Group has acquired a minority stake in Sigfox, which secured a €100 Million round of funding.

The only utilities provider in this round, ENGIE is actively following the development of the Internet of things in the energy sector, which is a larger producer of data. Making objects communicate with each other and humans, thanks to robust and efficient technologies, could be a real driver of change in our industry.

The Sigfox technology is an effective solution that will help meet the energy challenges of our time, such as energy efficiency, energy storage, demand-side management, home comfort and smart mobility.

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