Sequans Receives Major Funding Award for 5G Development from French Government
Round Type
Grant
Description
Sequans Communications S.A. (NYSE: SQNS), leading provider of chips and modules for 4G and 5G broadband, critical, and massive IoT, has received a multi-million dollar grant from the French government to support technologies the government has determined to be strategic for the national interest. Sequans’ proposal was accepted in the ICT and 5G category, aimed at securing national sourcing of strategic technology for critical connected objects in industrial, medical, scientific, and other markets. Sequans will lead a consortium of seven French companies tasked with developing 5G technology solutions for these critical IoT applications
Quick answer
Sequans Communications raised an undisclosed amount in a Grant round, dated January 28, 2021. Sequans Communications is based in Colombes, Ile De France, France.
- How much did Sequans Communications raise?
- Sequans Communications raised an undisclosed amount in a Grant round on January 28, 2021.
- What does Sequans Communications do?
- Sequans Communications S.A. (NYSE: SQNS) is a leading developer and supplier of cellular IoT connectivity solutions, providing chips and modules for 5G/4G massive and broadband IoT.
- Where is Sequans Communications based and how big is it?
- Sequans Communications is based in Colombes, Ile De France, France. Fundz records about 238 employees.
- Who are the decision-makers at Sequans Communications?
- Fundz holds 2 contacts at Sequans Communications. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Internet Of Things around the same time
Companies in the same sectors as Sequans Communications that raised within 45 days of this round, from Fundz verified event records.
- Icertis raised $80M (Funding Round) on March 11, 2021.
- Icertis raised $72M on March 11, 2021.
- Instacart raised $265M on March 11, 2021.
- Phenix Real Time Solutions raised $17M on March 9, 2021.
- AURA Network Systems raised $3M (Seed) on March 9, 2021.
- GREEN CLOUD TECHNOLOGIES LLC raised $2M (Seed) on March 9, 2021.
Who to call at Sequans Communications, and when
A new round usually means Sequans Communications is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sequans Communications raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sequans Communications, from your own LinkedIn network
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Fundz sees it the moment Sequans Communications raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Sequans Communications raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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