Siteflow, a French start-up, has developed the first fully digitised field operations management solution for the nuclear sector. It is now expanding to other types of energy infrastructure and has ambitions to tackle other sensitive industries in the future. The fast-growing company has raised €7 million alongside LBO France and EDF Pulse Ventures. In a booming energy market, Siteflow wants to accelerate its development and strengthen its offering.

Siteflow, the new right-hand man of the major players in energy 

Between energy sovereignty and the ambitious objectives of decarbonising industry and services, the energy sector is facing a number of challenges. To meet the projected increase in demand, it must significantly increase its production capacity, particularly in the nuclear sector, by continuing to improve the availability of existing plants and constructing next-generation reactors.

In this sector, where industrial performance and quality standards are subject to particularly strict regulations, up to 70% of the time for certain projects can be dedicated to administrative tasks.

It was against this backdrop that in 2017, Siteflow launched the first solution dedicated to digitising on-site intervention and manufacturing processes for sensitive components. This solution meets the safety, quality and traceability requirements of highly complex industries, while delivering significant time and cost savings. Siteflow has rapidly established itself as a benchmark in its field and has become a key partner for major players in the nuclear industry such as Orano, Framatome and Véolia, helping them to implement their transformation and digital innovation strategies.

Siteflow has everything it takes to become a world leader in its field. By supporting Siteflow via our fund NewStone, we are backing a start-up that is responding to two crucial challenges: improving the efficiency and safety of field interventions and digitalising the civil engineering practice to attract talent to the sector.

Laura Panquet , Investment Director at LBO France

7 million euros to accelerate its growth 

With this operation, Siteflow aims to develop and perfect its solution while continuing its strong growth. A forerunner in the digitalisation of operational processes, Siteflow intends to optimise its solution by enabling the collection, processing and exchange of data, while integrating artificial intelligence. The advent of collaborative platforms and data management in sensitive industries places Siteflow at the forefront of a vast movement to transform practices.

The solution we have developed is now extensively adopted in the nuclear sector. Our aim with this new round of funding is to make it more widely available. Siteflow's solution is also adapted to other industrial verticals, which should underpin our future expansion.

Louis Hauvette , Siteflow CEO and co-founder

This round of funding will support Siteflow's growth on a broader scale, both internationally and in other sensitive industries such as aerospace and defence.

The EDF Group is strengthening its digital transformation by investing in Siteflow. This approach is perfectly in line with the 'Produce more low-carbon electricity' pillar of its 'Ambitions 2035' strategy and its quest for operational excellence. In particular, this collaboration will enable the Group to support the integration of Siteflow's solution into the data exchange platform set up by EDF for nuclear generation.

Julien Villeret , EDF Group Chief Innovation Officer