SmartNodes

Liege, Belgium Founded: 2014 • Age: 12 yrs Acquired By LACROIX
Mesh-enabled smart street lighting solutions are provided for urban infrastructure.

About SmartNodes

SmartNodes is a company based in Liege (Belgium) founded in 2014 by Guy Lejeune was acquired by LACROIX in August 2019.. SmartNodes has raised $34.53 million across 1 funding round from investors including LACROIX, Vives Fund and New Science Ventures. SmartNodes offers products and services including SmartNodes, SCADAs, SLC NEMA, and APS Gateway. SmartNodes operates in a competitive market with competitors including Particle, eero, ecobee, Landis+Gyr and Nanoleaf, among others.

  • Headquarter Liege, Belgium
  • Founders Guy Lejeune
  • Sectors
    Business Services
    Technology Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Facility, Security & Field Operations
Technology → Internet of Things (IoT) & Connectivity
Energy & Utilities → Energy Storage & Efficiency
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $34.53 M (USD)

    in 1 rounds

  • Latest Funding Round
    $34.53 M (USD), Series A

    Sep 10, 2015

  • Investors
    LACROIX

    & 7 more

  • Employee Count
    Employee Count
  • Acquired by
    LACROIX

    (Aug 29, 2019)

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Products & Services of SmartNodes

SmartNodes offers a comprehensive portfolio of products and services, including SmartNodes, SCADAs, SLC NEMA, and APS Gateway. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Transforms street lighting into a scalable communication network

Enables supervisory control for remote water management systems

Manages light points with energy-saving dimming strategies

Facilitates data exchange in smart city networks

Funding Insights of SmartNodes

SmartNodes has successfully raised a total of $34.53M through 1 strategic funding round. The most recent funding activity was a Series A round of $34.53 million completed in September 2015. 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 Rounds 1
  • Last Round Series A — $34.5M
  • First Round

    (10 Sep 2015)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2015 Amount Series A - SmartNodes Valuation New Science Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SmartNodes

SmartNodes has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include LACROIX, Vives Fund and New Science Ventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Early, mid, and late-stage investments are made in science sectors.
Founded Year Domain Location
Financial support is provided to entrepreneurs in Brabant Wallon.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SmartNodes

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SmartNodes

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Smartnodes Comparisons

Employees
+
Add Comparison
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Competitors of SmartNodes

SmartNodes 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 Particle, eero, ecobee, Landis+Gyr and Nanoleaf, 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
IoT connectivity platform from prototype to production is developed.
domain founded_year HQ Location
Mesh-based connectivity solutions for IoT applications are provided.
domain founded_year HQ Location
Provider of smart thermostats for commercial and residential applications
domain founded_year HQ Location
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Energy-efficient smart lightbulbs are developed by Nanoleaf.
domain founded_year HQ Location
Smart panels for home energy management are provided by Span.IO.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Smartnodes

Lacroix Group acquires Belgian company
Evertiq6 years ago

Frequently Asked Questions about SmartNodes

When was SmartNodes founded?

SmartNodes was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is SmartNodes located?

SmartNodes is headquartered in Liege, Belgium. It is registered at Liege, Liege, Belgium.

Is SmartNodes a funded company?

SmartNodes is a funded company, having raised a total of $34.53M across 1 funding round to date. The company's 1st funding round was a Series A of $34.53M, raised on Sep 10, 2015.

What does SmartNodes do?

Provider of mesh-enabled smart street lighting solutions. It offers SmartNodes - an intelligent module embedded with specific sensors, processors, and memory. All nodes are interconnected and are capable of communicating with each other thereby forming a mesh network. In addition, the company offers a power unit that enhances the communication between the node the driver, an access point WiFi to connect third-party devices, a lighting control unit, and a smart noise system.

Who are the top competitors of SmartNodes?

SmartNodes's top competitors include ecobee, Particle and Landis+Gyr.

What products or services does SmartNodes offer?

SmartNodes offers SmartNodes, SCADAs, SLC NEMA, and APS Gateway.

Who are SmartNodes's investors?

SmartNodes has 8 investors. Key investors include LACROIX, Vives Fund, New Science Ventures, Invest.BW, and Fund+.

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