La Banque des Territoires and Sofilaro join the capital of Synox to develop connected devices and “smart” territories.

Press realease

in Montpellier on May 17, 2021

Banque des Territoires and Sofilaro (a subsidiary of Crédit Agricole du Languedoc and Crédit Agricole de Sud Méditerranée) are investing in Synox, a platform publisher and integrator of Internet of Things (IoT) solutions, a key player in the digital transition of territories. The aim of this new partnership is to accelerate the integration and use of Connected Devices in projects that contribute to the emergence of tomorrow’s sustainable and “smart” territories, equipped with smart cities, smart transport, smart energy and smart industries.

With the entry into its capital of La Banque des Territoires and Sofilaro, companies committed to supporting cities and local authorities in France, Synox has given itself the means to accelerate its commercial development and to establish its role as a trusted partner for local authorities throughout France, in particular by expanding its teams. Beyond the financial support of these two major investors, the objective of this partnership is to offer IoT solutions that best meet the requirements and expectations of tomorrow’s connected cities.

Since its creation, Synox has been supporting its clients in their IoT projects by covering the entire value chain – from the installation of sensors to data management – and by helping them to overcome the technical complexities inherent in these new technologies. In concrete terms, this Montpellier-based company offers companies and local authorities throughout France a complete management software suite providing a global vision of their connected activities, for more efficient and sustainable administration: interactive urban signage, smart parking, remote energy management in buildings, remote reading of energy meters, air quality measurement, management of pedestrian flows and urban mobility, security supervision, etc.

Thanks to this unique software suite, cities and communities can now take advantage of the potential of new IoT technologies, in complete autonomy and with a view to sustainable development: with more than 180 references in communities and territories, more than 70,000 connected devices and more than 550 types of integrated sensors, Synox has developed cutting-edge expertise in IoT for these so-called “smart” territories.

Today, the stated ambition of Emmanuel Mouton and Jérôme Fenwick, co-founders of Synox, is to “accelerate the integration of IoT in the transformation of territories, while ensuring that the use of IoT brings an ethical and environmental evolution for humans and their planet”. A gamble made possible by the arrival of two new shareholders whose territorial roots and knowledge of local authority management issues are well established.

This operation is fully in line with the strategy of La Banque des Territoires, which supports the digital transition throughout France and actively contributes to the emergence of more sustainable and more connected territories, based on cutting-edge technologies.

This partnership is also strengthened by the presence of Sofilaro, a subsidiary of the Crédit Agricole mutual group and a regional shareholder committed to the development of its territory and its national and international influence.

By acquiring this stake, the new partners are committing themselves to a common vision of innovation, to integrate the full power of IoT into the transformation projects of cities and communities.

About Synox

Synox assists companies and local authorities wishing to implement their IoT projects easily and securely, regardless of the devices and technologies used.

As a publisher and integrator of IoT solutions, Synox covers the entire IoT value chain: from data capture, through storage, to its restitution on web and mobile interfaces.

The solutions developed by Synox are designed for users and adapt over time to new uses and new communication technologies. They meet the needs of multiple sectors wishing to move into IoT: health, construction, energy, industry, transport, agriculture or logistics.

At the heart of an ecosystem of more than 50 partners that allow it to offer increasingly complex technological solutions to meet the new challenges of its customers, Synox is now more than 20 passionate employees, more than 70,000 connected devices and more than 550 satisfied customers.

To ensure that the use of IoT brings an ethical and environmental evolution for the humans and their planet

www.synox.io @synox

Press contact: ndumont@synox.io

About La Banque des Territoires

Created in 2018, Banque des Territoires is one of the five business lines of Caisse des Dépôts. It brings together in a single structure the internal expertise for the territories. As a single point of entry for clients, it offers tailor-made advisory and financing solutions for loans and investments to meet the needs of local authorities, social housing organisations, local public companies and the legal professions. It is aimed at all territories, from rural areas to metropolises, with the ambition of fighting against social inequalities and territorial fractures. Banque des Territoires is deployed in the 16 regional divisions and 36 territorial offices of Caisse des Dépôts in order to be better identified with its customers and to be as close as possible to them.

For more attractive, inclusive, sustainable and connected territories.

www.banquedesterritoires.fr @BanqueDesTerr

Press contacts :
Marie-Caroline Cardi – marie-caroline.cardi@caissedesdepots.fr – 06 38 53 97 67

About Sofilaro

Created in 1983, a subsidiary of the Crédit Agricole du Languedoc and Crédit Agricole de Sud Méditerranée Regional Banks, SOFILARO is based in the eastern part of the Occitanie region. It assists small and medium-sized enterprises, small and medium-sized enterprises (SMEs) and innovative companies located in the region with their development projects, shareholding reorganisation and innovations.

The capital that we invest comes from our own funds, allowing us to position ourselves as a long-term financial investor who favours the needs and economic rhythm of the companies we support. We maintain a culture of involved, non-interfering minority shareholders with our investments.

The investment team supports a portfolio of 57 affiliates across 2 investment vehicles for a total of €80m of equity.

https://www.sofilaro.fr/

Contact: Manuel Potier – manuel.potier@sofilaro.fr

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