What Watteco does

Watteco is a French B2B fabless designer and manufacturer of wireless IoT sensors, founded in 1993 and headquartered in Lanester, Brittany. The company specializes in connected radio sensors using LoRaWAN and SigFox low-power wide-area network (LPWAN) technologies, targeting industrial, commercial, and municipal customers that require energy consumption monitoring, regulatory compliance, and predictive maintenance. Its product portfolio includes a broad range of LoRaWAN sensors for building, metering, and industrial applications, the BoB Assistant / Movee platform for vibration and temperature monitoring of isolated mechanical systems (pumps, HVAC, cooling units, fans), and Sur-Mesure custom sensors developed by an in-house engineering bureau. The company positions itself as a European leader in IoT devices for "difficult and highly secured environments," including ATEX zones and railway installations.

Watteco serves five primary use-case segments — smart building, smart industry, smart city, smart metering, and smart agriculture — with smart building (driven by French Tertiary Decree / BACS compliance) and smart industry as the primary verticals. It monetizes via direct consultative sales for enterprise and custom deployments, a distributor/reseller channel (including long-standing partner O-CELL), and an e-commerce storefront at watteco.airicom.com for standardized SKUs. Revenue derives from hardware sales of sensors and bespoke engineering engagements; no software-as-a-service or subscription pricing is disclosed.

The company is private, with no disclosed venture funding and no public listing; historical financing events reference Aster in 2003, 2006, and 2008 with undisclosed amounts, suggesting non-dilutive or grant-style support rather than growth equity. Named enterprise customers include Renault (factory door-management optimization), iQspot (building data collection), Trace Software (EV charging critical-infrastructure monitoring), and O-CELL (5+ year distribution partnership). Watteco holds ISO certification, is a LoRa Alliance member, and is a certified SigFox partner, indicating adherence to relevant IoT interoperability and quality standards. Headcount is reported at 11–50 employees, consistent with a focused niche OEM rather than a scaled platform business.

Name

Watteco

Legal name

WATTECO

Website

https://nke-watteco.fr

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

Watteco is a French fabless designer and manufacturer of LoRaWAN and SigFox IoT sensors serving smart building, smart industry, smart city, smart metering, and smart agriculture customers with predictive maintenance, custom engineering, and regulatory-compliance solutions.

Ownership category

akta.pro rank

Product category

Industrial IoT Sensors

NAICS

Other Measuring and Controlling Device Manufacturing (334519), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Measuring & Controlling Devices, Nec (3829)

akta.pro primary industry

Condition Monitoring Sensors & IoT (online/offline monitoring, edge devices) (EUADAJAD)

akta.pro secondary industries

Utility Asset Performance Management & Predictive Maintenance (Grid/Plant IoT) (EUADAPAI), Building Automation & Controls (BAS/BMS) (HSAPAPAA), Environmental Sensors (Temperature/Humidity/Gas/Air Quality) (HDAHALAD), AMI Smart Meters (Electric) & Meter Hardware (EUADAFAA)

Keywords

• IoT sensor manufacturing
• Wireless data collection
• Predictive maintenance sensors
• LoRaWAN connected devices
• Smart building monitoring

Headquarters

HQ city

Hennebont

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. IoT Sensor Hardware Sales: Sale of wireless, battery-powered IoT sensors and connected devices for monitoring applications across smart building, smart industry, smart city, and smart metering sectors. Products include LoRaWAN sensors, predictive maintenance solutions (BoB Assistant/Movee), and custom-designed sensors.
2. Custom/ Bespoke Sensor Solutions: Engineering and manufacturing of custom-tailored IoT sensors and monitoring solutions designed to specific customer requirements for specialized industrial applications.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Watteco designs, industrializes, and manufactures wireless battery-powered IoT sensors that use LoRaWAN and SigFox connectivity for smart building, smart industry, smart city, and smart metering applications. Its portfolio spans a broad range of LoRaWAN radio sensors, the BoB Assistant / Movee predictive-maintenance solution that continuously monitors vibration and temperature on isolated systems (pumps, HVAC, cooling units, fans), and Sur-Mesure bespoke sensors engineered by an in-house bureau for difficult and highly secured environments including ATEX zones.

Product overview

Watteco offers a portfolio of IoT sensor solutions comprising three main product lines: LoRaWAN radio-connected sensors for various applications including smart metering, smart building, smart city, and smart industry; BoB Assistant and Movee for predictive maintenance and operational assistance (monitoring vibrations and temperatures of isolated systems such as pumps, air conditioning, cooling units, and fans); and custom Sur-Mesure products designed to meet specific customer requirements. The company leverages over 30 years of experience in electronic instrument design and manufacturing, targeting difficult and highly secure environments.

Differentiator

Problem solved

Functional benefit

Brands

• LoRaWAN: Wide range of connected sensors using LoRaWAN radio technology for numerous applications, particularly in buildings.
• BoB Assistant
• Movee

Products and services

• LoRaWAN Sensors Wide range of wireless, battery-autonomous, multi-functional connected sensors using LoRaWAN radio network technology, sold for applications in smart building, smart metering, smart city, and smart industry — covering temperature, humidity, energy, occupancy, vibration, and legionella monitoring. Customers include facility managers, industrial operators, utility providers, and integrators across France.
• BoB Assistant / Movee Proprietary predictive-maintenance and operational-assistance technology that continuously monitors vibration and temperature on isolated industrial systems — pumps, air-conditioning units, cooling units, fans, and related equipment — for early failure detection and reduced unplanned downtime. Sold to industrial operators and maintenance teams.
• Sur-Mesure (Custom Products) Custom-designed IoT sensor applications engineered by Watteco's in-house engineering bureau to meet specific customer needs and use cases, including solutions for hazardous or highly secured environments such as ATEX zones. Sold to enterprise and industrial customers that require tailored sensing configurations beyond the standard catalog.

Quantifiable outcome

• Over 5-year customer partnerships demonstrating long-term reliability
• +1 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• LoRa AlliancecoreTechnology or IntegrationOfficial member of the LoRa Alliance, the global association supporting the LoRaWAN open standard. Watteco develops and manufactures LoRaWAN-compatible sensors and devices as part of their core product offerings.
• SigFoxcoreTechnology or IntegrationCertified partner for SigFox IoT connectivity technology. Watteco offers sensors compatible with SigFox network in addition to LoRaWAN, providing multiple connectivity options for customers.
• R3-ImpactminorStrategic or Co-development PartnerRSE (Corporate Social Responsibility) partnership demonstrating environmental commitment. Watteco is engaged in an RSE approach with R3 Impact for sustainability and environmental responsibility.
• Distributor and Partner NetworkcoreChannel Partner/ Reseller/ DistributorWatteco maintains a network of distributors and partners for market distribution. The company highlights O-CELL as a key distribution partner with over 5 years of successful collaboration supplying sensor solutions in France.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Decentlab: Swiss manufacturer of wireless LoRaWAN sensors for environmental and industrial monitoring applications, competing in the same LPWA sensor category with similar building, agriculture, and infrastructure use cases.
• Netvox: Taiwan-based manufacturer of LoRaWAN and wireless IoT sensors and devices for smart building, smart metering, and industrial applications — overlapping product portfolio and comparable connectivity stack.
• Adeunis: French designer and manufacturer of IoT sensors and connected devices, including a broad LoRaWAN and SigFox portfolio for smart building, smart metering, and smart industry — a direct French competitor in the same product categories and end markets.
• Enginko: Italian vendor of LoRaWAN sensors and IoT solutions for industrial, building, and agricultural monitoring, providing similar multi-vertical wireless sensor offerings in the European market.
• Elsys: Swedish producer of LoRaWAN-based wireless sensors for smart building, energy, and industrial monitoring — a close hardware peer targeting overlapping vertical markets across Europe.

Emerging players

• Dragino: Open-hardware-focused LoRaWAN and IoT sensor/gateway vendor with broad product catalog aimed at integrators and developers — overlapping technology stack but different go-to-market emphasis.

Broad incumbents

• MultiTech: Established US IoT hardware vendor offering LoRaWAN gateways and sensors for industrial and enterprise deployments, serving overlapping end customers with a broader portfolio including cellular IoT.
• Schneider Electric: Global industrial automation and building management giant whose EcoStruxure platform includes wireless sensors for energy and asset monitoring — overlapping target customers with a vastly larger portfolio and global reach.
• Sagemcom: European provider of smart metering, energy management, and connected infrastructure solutions, overlapping in smart metering end markets with broader telecom/utility-grade product suites.

Others

• Senet: US-based LoRaWAN network operator and IoT connectivity platform provider — complementary ecosystem participant rather than direct hardware competitor, but influential in shaping the LoRaWAN market Watteco serves.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/watteco-iot
• Xx.com/nke_watteco

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Watteco