Firecell raises €6.6M Seed funding for 5G industrial solution

Firecell's 5G solutions enables industrial enterprises of all sizes to pave the way for a smart industry.
Firecell raises €6.6M Seed funding for 5G industrial solution

Despite all the talk of digital transformation in French factories, barely 3 per cent of communications are wireless. 
Fortunately, 5G is here to help with a 5G solution that provides reliable, secure, high-performance stability and connectivity in demanding industrial environments. 

Founded in 2021, the company aims to accelerate return on investment by simplifying the deployment of 5G networks within enterprises and lowering overall costs. Furthermore, it ensures unparalleled security with native communication encryption and compatibility with all modern industrial terminals.

Today, the company announced the completion of a €6.6 million Seed round in equity led by Ventech and Matterwave Ventures, accompanied by Bpifrance's Digital Venture fund and Bouygues Telecom Initiative.

By reducing the footprint of 5G technologies to operate on standard servers and through strategic partnerships with renowned manufacturers, Firecell enables industrial enterprises of all sizes to pave the way for a smart industry.
Clients include SNCF, Airbus, Thales, Fives, US Army, the US Department of Energy, ID Logistics, Campus Schwarzwald, and Team Henri Fabre.

The funds will be used to develop a new range of products with new features such as geolocation and protection against cyber-attacks. They will also help deploy Firecell's offering in Europe, notably in Germany, the leading European industrial market, where the startup is establishing a subsidiary, and to recruit new team members. 

According to Claude Seyrat, co-founder and chief executive officer of Firecell:

"We are delighted with the enthusiasm and support we have received for our 5G solution.
This fundraising will allow us to accelerate our deployment and offer industrial enterprises cutting-edge connectivity to meet their growing communication and data management needs."

For Jean Bourcereau, Managing Partner of Ventech

"In three years, Firecell has demonstrated undeniable technological and product expertise, acclaimed by numerous players in Europe and worldwide.

Moreover, Firecell has surrounded itself with a first-rate ecosystem of partners and advisors. We are very pleased to accompany Claude, Olivier, and the entire Firecell team in accelerating their plan."

According to Edward Bouygues, President of Bouygues Telecom and the Bouygues Telecom Initiatives fund: 

"Bouygues Telecom faces the challenge of accompanying companies and organisations daily in their digital transformation.

Being able to support projects like Firecell's through Bouygues Telecom Initiatives demonstrates the agility of our teams in structuring partnerships for companies.

Providing tailored solutions with industrial 5G and enabling companies to gain competitiveness is fundamental for developing Industry 4.0 and territories."

Lead image: Firecall. Photo: uncredited.

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