Fuelics
Fuelics is a Greece-based IoT manufacturer founded in 2019 that designs battery-operated NB-IoT edge computing sensors for metropolitan-scale smart city deployments, serving utilities, municipalities, and industrial customers with tank monitoring, flow logging, and parking occupancy solutions.
- Company typePrivate
- Founded2019
- HeadquartersAthens, Greece
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Fuelics does
Fuelics is a privately held Greek IoT hardware and software manufacturer, incorporated in 2019 and headquartered in Athens, that designs and sells battery-operated Narrowband IoT (NB-IoT) edge computing sensors for metropolitan-scale smart city deployments. The company's portfolio is organized around three sensor lines: distance sensors (radar and ultrasonic devices for tank level monitoring), flow loggers (NB-IoT data loggers supporting up to four smart meters via pulse or M-Bus ECO protocols, with 10+ year battery life), and occupancy sensors (radar and magnetometer devices for roadside parking, optionally paired with a Bluetooth vehicle tag add-on for accessible and EV charging space correlation). All products rely on on-device edge computing to generate real-time alerts and reduce cloud dependency, and the platform follows an API-first design philosophy intended to enable integration with customer and partner systems.
The company targets three primary verticals: industrial and energy customers (diesel and stationary tank monitoring for base stations), water utilities and municipalities (water/wastewater tank management, leakage and pipe breakage detection, smart meter data logging), and smart city parking operators (roadside occupancy, accessibility enforcement, and EV charging space management). Fuelics engages customers and partners through direct enterprise sales ([email protected]) and a global channel partner program, with quote-based pricing and no publicly disclosed price points.
The revenue model combines hardware sales of turn-key sensor products (with specification PDFs available for download) alongside recurring software and cloud service revenue from in-house platforms and native mobile applications. The company describes a digital transformation from hardware-only manufacturer to end-to-end IoT solution provider, expanded product lines across smart city verticals, and global deployment capability across cloud or on-premises architectures. No funding rounds, investor names, named customers, patents, certifications, or leadership disclosures are present in the available data, leaving the company's commercial scale and capital structure undisclosed.
Fuelics firmographics
Firmographics- Name
- Fuelics
- Legal name
- Fuelics
- Website
- https://fuelics.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Fuelics is a Greece-based IoT manufacturer founded in 2019 that designs battery-operated NB-IoT edge computing sensors for metropolitan-scale smart city deployments, serving utilities, municipalities, and industrial customers with tank monitoring, flow logging, and parking occupancy solutions.
- Ownership category
- akta.pro rank
Fuelics industry classification
Industry- Product category
- Industrial IoT Sensors
- NAICS
- Totalizing Fluid Meter and Counting Device Manufacturing (334514), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)
- SIC
- Totalizing Fluid Meters & Counting Devices (3824)
- akta.pro primary industry
- Fuel Management, Idling Reduction & EV Range/Charging Telematics (TLAEAFAH)
- akta.pro secondary industry
- Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF)
Keywords
Where Fuelics is headquartered
LocationHeadquarters
- HQ city
- Athens
- HQ country
- Greece
- HQ region
- Europe
Offices1 record
Markets served
Fuelics business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- IoT Hardware Sales: Sale of battery-operated NB-IoT sensors including distance sensors, flow meters/loggers, and occupancy sensors. Hardware products are sold as turn-key solutions with specifications available via downloadable PDFs.
- Software Platform and Cloud Services: End-to-end IoT solutions include in-house software platforms and native mobile applications. Cloud or on-premises deployment options available for data management and monitoring.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Fuelics product offering
Product offeringCore offering
Fuelics designs and manufactures battery-operated NB-IoT edge computing sensors and end-to-end IoT platforms for metropolitan-scale smart city deployments. Its portfolio covers distance/level sensors for diesel, water, wastewater and septic tank monitoring, flow loggers that interface with pulse and M-Bus ECO smart meters, and occupancy sensors with optional Bluetooth vehicle tags for roadside parking, accessible spaces and EV charging. The company sells hardware alongside its in-house software platform and native mobile applications, with cloud or on-premises deployment options.
Product overview
Fuelics is a hardware and software manufacturer offering end-to-end IoT edge computing solutions for smart city deployments. Their product portfolio consists of three core sensor product lines: Distance sensors (radar/ultrasonic NB-IoT devices for tank level monitoring), Flow loggers (NB-IoT data collectors for smart meters supporting pulse and M-Bus ECO protocols), and Occupancy sensors (NB-IoT parking space sensors with radar, magnetometer, and optional Bluetooth vehicle tag for EV/accessibility applications). The company has transitioned from hardware-only manufacturing to an end-to-end solution provider, building in-house software and native mobile applications alongside their hardware products. All products leverage an API-first design philosophy enabling integration with external platforms and services.
Differentiator
Problem solved
Functional benefit
Products and services
- NB-IoT Distance Sensor
- NB-IoT Flow Logger (Pulse & M-Bus ECO)
- NB-IoT Occupancy Sensor
- Fuelics IoT Software Platform and Mobile Applications
Quantifiable outcome
- 10+ years battery life on flow monitoring devices
- +2 more outcomes
Companies that use Fuelics
Customer profileSegments3 records
Ideal customer profiles3 records
Fuelics technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Fuelics partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
Fuelics competitors and assessment
Company assessmentBroad incumbents
- Itron: Global smart metering and utility analytics major serving water, gas, and electricity utilities worldwide. Competes indirectly via utility AMI programs and represents the scale incumbent in Fuelics' downstream customer base.
- Sagemcom: European smart metering and energy management solutions provider. Adjacent overlap with Fuelics' smart meter data logger and energy/water utility consumption reporting use cases.
- Kamstrup: Danish smart metering incumbent with deep installed base in water, heat, and electricity meters. Overlaps with Fuelics' flow logger and smart meter data acquisition business at the utility customer level.
- Zenner: German smart metering and IoT solutions provider with strong European utility presence. Comparable to Fuelics in flow/heat metering data acquisition and LoRa/NB-IoT connectivity layers.
- Badger Meter: US-listed flow measurement and smart water metering specialist. Comparable to Fuelics' flow logger business and shared water utility end customers.
- Neptune Technology Group: Water AMR/AMI systems provider owned by Roper Technologies. Directly competes for the same water utility AMI budgets that Fuelics' flow loggers target.
Direct peers
- Apana: Water-focused IoT monitoring provider serving utilities and municipalities with smart water meters and leak detection. Comparable to Fuelics' flow logger line for water utilities and AMR use cases.
- Libelium: Spanish IoT sensor platform manufacturer specializing in smart city, water, environment, and parking use cases. Directly comparable to Fuelics in hardware-plus-platform go-to-market and multi-vertical sensor portfolio.
- Worldsensing: European IoT provider focused on smart city infrastructure monitoring, parking occupancy, and utility sensing. Closely comparable in target use cases (parking, urban infrastructure) and wireless sensor hardware model.
Others
- Kerlink: French IoT connectivity and network infrastructure provider (LoRaWAN gateways). Adjacent enabling player — Fuelics' NB-IoT deployments rely on similar cellular IoT network ecosystems and may partner with or compete alongside connectivity providers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Fuelics social profiles
Digital presenceFuelics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fuelics leadership team
Management profileNumber of profiles
Fuelics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fuelics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fuelics
What does Fuelics do?
Fuelics designs and manufactures battery-operated NB-IoT edge computing sensors and end-to-end IoT platforms for metropolitan-scale smart city deployments. Its portfolio covers distance/level sensors for diesel, water, wastewater and septic tank monitoring, flow loggers that interface with pulse and M-Bus ECO smart meters, and occupancy sensors with optional Bluetooth vehicle tags for roadside parking, accessible spaces and EV charging. The company sells hardware alongside its in-house software platform and native mobile applications, with cloud or on-premises deployment options.
Is Fuelics a public or private company?
Fuelics is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Fuelics founded?
Fuelics was founded in 2019. It employs 1 to 10 people.
Where is Fuelics based?
Fuelics is headquartered in Athens, Greece, in the Europe region.
How does Fuelics make money?
Two revenue lines are on record. IoT Hardware Sales are the primary driver. The others are software Platform and Cloud Services.
Who are Fuelics's main competitors?
Broad incumbents on record are Itron, Sagemcom, Kamstrup, Zenner, Badger Meter and Neptune Technology Group. Direct peers are Apana, Libelium and Worldsensing. Kerlink is listed as an others.
Does Fuelics have an API?
Yes. Fuelics employs an API-first design philosophy that enables seamless integration of their IoT products with external platforms and services. The company offers end-to-end solutions that can integrate with existing platforms. Specific API type, authentication method, rate limits, versioning, or sandbox availability are not detailed in available sources.
What industry is Fuelics in?
Fuelics's product category is Industrial IoT Sensors. Its primary akta.pro industry code is TLAEAFAH, Fuel Management, Idling Reduction & EV Range/Charging Telematics, with a secondary code of HSAPAQAF, Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers). Its NAICS code is 334514 and its SIC code is 3824.