Key Highlights:
- Firecell, a startup specializing in industrial 5G, raises €6.6 million in seed funding.
- The fundraising round is led by Ventech and Matterwave Ventures, with participation from Bpifrance and Bouygues Telecom Initiatives.
- The funds will be used to develop new products, deploy in Europe, and hire around 15 people.
- Firecell is part of the French Tech 2030 initiative and is a winner of the French government’s 5G acceleration plan.
As France and European countries engage in the reindustrialization of their territories, Nice-based startup Firecell positions itself as a key player in the creation of sovereign and secure telecommunications systems.
Specializing in industrial 5G, Firecell offers an innovative solution that simplifies the installation and use of 5G, even in the most complex industrial environments.
With only 3% of wireless communications in French factories, Firecell’s solution provides exceptional stability and reduces the footprint of 5G technologies to operate on standard servers. Through strategic partnerships with renowned manufacturers, Firecell enables industrial companies of all sizes to move towards Industry 4.0.
As part of the French Tech 2030 initiative and a winner of the French government’s 5G acceleration plan, Firecell has already won over 75 clients, including SNCF, Airbus, Thales, Fives, the US Army, and many more.
To accelerate its deployment, the startup has just raised €6.6 million in a seed round, led by Ventech and Matterwave Ventures, with participation from Bpifrance and Bouygues Telecom Initiatives.
These funds will be used to develop new products with features such as geolocation and cyberattack protection, deploy Firecell’s offering in Europe, particularly in Germany, and hire around 15 people.
Firecell’s 5G solution ensures unrivaled efficiency in mobile communications, covering warehouses and logistics centers of over 30,000 square meters with less than 5 5G access points. Moreover, it guarantees an unprecedented level of security with native encryption of communications and compatibility with all modern industrial industrial terminals.
With its software developed in Nice in collaboration with the Eurecom research laboratory, and its hardware partners among the leading French and European companies, Firecell offers total transparency and sovereignty.
Fundraising Nice Côte d’Azur
- Nice: Nolt announces its first fundraising round
- EIC Accelerator Presents Its Funding Instruments to Companies in the Nice Côte d’Azur Metropolis
- Sud Place Financière Introduced in Nice
- Business Landing Nice Côte d’Azur: Support for business set up in France
- Nice-based Blue Tech Startup Inalve Joins bpifrance’s Néo Industrial Startups Accelerator
- Firecell, pioneer of industrial 5G, raises €6.6 million to accelerate its deployment in Europe
- Nice Côte d’Azur: Oncology Excellence Showcased During Business Tour
- Klava Innovation in Nice: Quitoxil, the Digital Smoking Cessation Medication Raises €1M
