Sevenhugs
Company

Last deal

$9M

Amount

Venture - Series Unknown

Stage

11.12.2019

Date

3

all rounds

$26.84M

Total amount

date founded

Financing round

General

About Company
Sevenhugs makes the world's smartest and easiest to use remote control for your TV and smart home.

Industry

Sector :

Subsector :

founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company is focused on advancing the touch points between humans and the digital world, and in 2018 they launched the world's first consumer product featuring Ultra-Wideband (UWB) and precise indoor positioning. Recently, they launched Ultra-Wideband by Sevenhugs, the world's first consumer-grade and field-proven UWB software for smartphone, IoT device, and automotive manufacturers. Sevenhugs has received numerous awards, including the Seal of Excellence in 2017 from the European Commission and the highly prestigious BEST OF INNOVATION - CES DESIGN AWARD. They were also awarded at the Digital Innovation Contest in 2017 and became the most acclaimed company at CES 2017 in Las Vegas, NV.
Contacts
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M&A Details
1

Transaction name

Acquired by

Qorvo

announced date

05.10.2020

Financials

Funding Rounds
6
3

Number of Funding Rounds

$26.84M

Money Raised

Their latest funding was raised on 11.12.2019. Their latest investor NovX Capital. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
16.12.2016
$1.48M
22.06.2016
1
Xerys

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Investment Banking and Brokerage Services

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Paris, France

count Of Investments

18

count Of Exists

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Co-Investors
Investors
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3

Number of lead investors

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Number of investors

Investor 
Lead 
Round 
Partners 
No
Seed, Series A
Yes
Seed
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count Of Investments

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Subsector

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count Of Investments

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People

Founders
4
Lionel Marty
Lionel Marty

Lionel Marty

Lionel Marty is the Senior Manager, Software As Medical Device Technology Lead at Biogen Idec. He attended Télécom Paris.

current job

Biogen
Biogen

organization founded

1

Lionel Marty

Olivier Mandine
Olivier Mandine

Olivier Mandine

Software director at Sevenhugs.

current job

Sevenhugs
Sevenhugs

organization founded

1

Olivier Mandine

Stéphane Jaubertou
Stéphane Jaubertou

Stéphane Jaubertou

COO at Sevenhugs.

current job

Sevenhugs
Sevenhugs

organization founded

1

Stéphane Jaubertou

Simon Tchedikian
Simon Tchedikian

Simon Tchedikian

CEO, Founder at Sevenhugs.

current job

Sevenhugs
Sevenhugs

organization founded

1

Simon Tchedikian

Employee Profiles
6
Olivier Mandine

Olivier Mandine

Software director

Simon Tchedikian

Simon Tchedikian

CEO & Founder

Stéphane Jaubertou

Stéphane Jaubertou

COO & Founder

Activity

Recent News
0