About Sequans
Sequans is a company based in Colombes (France) founded in 2003 was acquired by Renesas Electronics in August 2023.. Sequans has raised $53.81 million across 17 funding rounds from investors including Société Générale, Renesas Electronics and European Union. The company has 155 employees as of December 31, 2024. Sequans has completed 1 acquisition, including Dorfour. Sequans operates in a competitive market with competitors including Qualcomm, U-blox, MaxLinear, CSR and Tsinghua Unigroup, among others.
- Headquarter Colombes, France
- Employees 155 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sequans Communications Sa Sponsored Adr
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Annual Revenue
$36.83 M9.56as on Dec 31, 2024
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Net Profit
$57.57 M240.45as on Dec 31, 2024
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EBITDA
$-25.31 M-0.82as on Dec 31, 2024
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Total Equity Funding
$53.81 M (USD)
in 17 rounds
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Latest Funding Round
$384 M (USD), Post-IPO
Jul 09, 2025
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Investors
Société Générale
& 8 more
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Employee Count
155
as on Dec 31, 2024
- Investments & Acquisitions
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Acquired by
Renesas Electronics
(Aug 07, 2023)
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IPO & Listings of Sequans
Sequans is a publicly listed company on the NYSE with ticker symbol SQNS in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Sequans
Sequans has successfully raised a total of $53.81M across 17 strategic funding rounds. The most recent funding activity was a Post-IPO round of $384 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 17
- Last Round Post-IPO — $384.0M
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First Round
First Round
(24 Jun 2004)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Post-IPO - Sequans | Valuation |
investors |
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| Apr, 2021 | Amount | Post-IPO - Sequans | Valuation |
investors |
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| Feb, 2021 | Amount | Grant - Sequans | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sequans
Sequans has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Société Générale, Renesas Electronics and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Serena is engaged in venture capital investments for tech startups.
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Founded Year | Domain | Location | |
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Investments are made by Swisscom Ventures, backed by Swisscom AG.
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Founded Year | Domain | Location | |
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Tech and offline focused VC firm investing primarily in the US and Europe
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sequans
Sequans has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Dorfour. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of 4G LTE IP solutions
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sequans
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sequans Comparisons
Competitors of Sequans
Sequans operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Qualcomm, U-blox, MaxLinear, CSR and Tsinghua Unigroup, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cloud and AI-based cellular communication ICs
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| domain | founded_year | HQ Location |
ICs for cellular communication and GPS solutions are provided.
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| domain | founded_year | HQ Location |
Integrated circuits for cellular and broadband communications are provided.
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| domain | founded_year | HQ Location |
Semiconductor and software provider for wireless technology IoT Connectivity
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| domain | founded_year | HQ Location |
Semiconductor solutions are provided for cellular and connectivity markets.
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| domain | founded_year | HQ Location |
ICs for high-speed communications are designed and marketed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sequans
Frequently Asked Questions about Sequans
When was Sequans founded?
Sequans was founded in 2003 and raised its 1st funding round 1 year after it was founded.
Where is Sequans located?
Sequans is headquartered in Colombes, France. It is registered at Colombes, Ile-de-france, France.
Is Sequans a funded company?
Sequans is a funded company, having raised a total of $53.81M across 17 funding rounds to date.
How many employees does Sequans have?
As of Dec 31, 2024, the latest employee count at Sequans is 155.
What is the annual revenue of Sequans?
Annual revenue of Sequans is $36.83M as on Dec 31, 2024.
What does Sequans do?
Sequans was established in 2003 in Colombes, France, within the semiconductor sector focused on cellular IoT. Chips and modules are produced to support NB-IoT, LTE-M, Cat 1bis, Cat 4, and 5G NR standards, addressing low-speed to high-speed connectivity needs. RF transceivers for software-defined radio are supplied, complemented by intellectual property, technical services, and customized support for integration.
Who are the top competitors of Sequans?
Is Sequans publicly traded?
Yes, Sequans is publicly traded on NYSE under the ticker symbol SQNS.
How many acquisitions has Sequans made?
Sequans has made 1 acquisition, including Dorfour.
Who are Sequans's investors?
Sequans has 9 investors. Key investors include Société Générale, Renesas Electronics, European Union, Kennet Partners, and Government of France.
What is Sequans's ticker symbol?
The ticker symbol of Sequans is SQNS on NYSE.
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