FOSSA Systems is a Spanish company that provides global and affordable IoT Connectivity for industrial applications and defence networks, with assets in remote areas, through satellite communications. Its picosatellite constellation, being completely deployed before 2024, will give affordable near real-time access to IoT data everywhere on Earth, complementing the compatible Lora network.
In its objective of offering IoT communications worldwide, even in areas where there is no mobile coverage, FOSSA Systems and its partners provide tailored sensoring and processing solutions for the needs of each industry, such as agriculture, industrial, energy, infrastructure, communications, or defence and cybersecurity. This IoT connectivity allows companies to monitor assets and control processes, being able to make the best decisions to optimize results.
In its objective of offering IoT communications worldwide, even in areas where there is no mobile coverage, FOSSA Systems and its partners provide tailored sensoring and processing solutions for the needs of each industry, such as agriculture, industrial, energy, infrastructure, communications, or defence and cybersecurity. This IoT connectivity allows companies to monitor assets and control processes, being able to make the best decisions to optimize results.
Location: Spain, Community of Madrid, Alcorcón
Employees: 11-50
Total raised: $7.74M
Founded date: 2020
Investors 1
| Date | Name | Website |
| 17.11.2023 | Emerald | emerald.vc |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 20.06.2024 | - | $6.81M | - |
| 15.06.2021 | Seed | $926.92K | - |
Mentions in press and media 4
| Date | Title | Description |
| 20.06.2024 | FOSSA Systems raises €6.3M for its Industrial IoT Satellite Constellation | FOSSA Systems announced today it has raised a €6.3M Series A round to grow its IoT satellite constellation focused on remote asset management for industrial use cases. The funding was co-led by Indico Capital Partners and Nabtesco Technolog... |
| 19.06.2024 | Madrid-based space tech FOSSA Systems snaps €6.3 million for its industrial IoT satellite constellation | FOSSA Systems, a startup empowering global industries with accesible IoT and Space Technologies, announced it has raised a €6.3 million Series A round to grow its IoT satellite constellation focused on remote asset management for industrial... |
| 09.09.2021 | WISeKey And FOSSA Systems Present WISeSat At The International Cybersecurity Forum (FIC) For Delivering Secure And Global, Satellite IoT Connectivity | WISeKey and FOSSA Systems present WISeSat at The International Cybersecurity Forum (FIC) for delivering secure and global, satellite IoT connectivity WISeSat will offer secure and cost-effective IoT connectivity for any sector (agrotech, en... |
| - | FOSSA Systems | “Revolutionize connectivity with Satellite IoT solutions. Transform communication, reach new heights. Explore seamless connectivity's future.” |