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Sequans Communications closes a $384 million funding round for its Bitcoin treasury initiative, backed by Northland Capital Markets and others.

Jul 08, 2025•8 days ago

Amount Raised

$384 Million

ColombesInternet Of ThingsHardware

Investors

Yorkville SecuritiesB. Riley SecuritiesNorthland Capital Markets

Description

Sequans Communications, a semiconductor company, secured $384 million in a funding round to support its Bitcoin treasury initiative. The funding involved debt and equity placements with over 40 institutional participants, led by Northland Capital Markets, B. Riley Securities, and Yorkville Securities. This initiative marks an important strategic shift into the digital asset space for Sequans

Company Information

Company

Sequans Communications

Location

15-55 BLVD CHARLES DE GAULLE

Colombes, Ile De France, France

About

Sequans Communications S.A. (NYSE: SQNS) is a leading developer and supplier of cellular IoT connectivity solutions, providing chips and modules for 5G/4G massive and broadband IoT. For 5G/4G massive IoT applications, Sequans provides a comprehensive product portfolio based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms, featuring industry-leading low power consumption, a large set of integrated functionalities, and global deployment capability. For 5G/4G broadband IoT applications, Sequans offers a product portfolio based on its Cassiopeia Cat 4/Cat 6 4G and high-end Taurus 5G chip platforms, optimized for low-cost residential, enterprise, and industrial applications. Founded in 2003, Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Finland, Taiwan, South Korea, and China.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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