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Actility, an IoT-focused LPWAN provider, raises $75 million in funding

I know this is news from a while ago, but I'm clipping it because it's information about a fundraising that I'm interested in.

French IoT solutions company Actility raises a $75 million Series D round

Startups in FranceActitily."is a provider of Low Power Wide Area Networks for the IoT. In Japan, it is similar to SOLACOM.

The most important factor in the spread of IoT is the development of infrastructure. It must be able to send radio waves farther with less power consumption. For example, if we consider the case of remotely turning on an air conditioner, I feel that the breakthrough of IoT will not come unless it is possible to join the network even when the air conditioner is not turned on.

LPWAN - IoT | Solutions & Summarystates the following

For example, in the case of smart meters for water, electricity, and gas, meter reading data need only be transmitted once a month and the amount of data is minimal. You may also want to install the device in a location where there is no power supply.

As a communication environment for IoT devices with such a wide variety of devices and applications with various requirements, and with low communication frequency and low data volume that cannot be matched by conventional short-distance wireless and mobile communication systems in terms of communication range, communication cost, and power consumption, there is a growing need for low power consumption (for example, two AA batteries for more than 10 years) and small communication capacity to cover a wide area. There is a growing need for low-power wide area networks ("LPWANs" (Low Power Wide Area Networks)) that can cover a wide area with small communications with low power consumption (e.g., more than 10 years with two AA batteries).

Network communication standards seem to have had a history of catching up and overtaking; I wonder what will be the network communication technology that will make the IoT feasible.