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- Antennex Secures €1.5 Million Seed Funding to Enhance Antenna Measurement Solutions
Antennex Secures €1.5 Million Seed Funding to Enhance Antenna Measurement Solutions
Funding will accelerate Antennex's growth and innovation in advanced wireless technology testing
Antennex, an innovative company specializing in antenna measurement solutions, has announced the successful closure of a €1.5 million seed funding round. The investment, provided by Value Creation Capital (VCC) and Brabantse Ontwikkelings Maatschappij (BOM), aims to accelerate Antennex’s commercial expansion and solidify its position within the antenna testing and measurement sector.
Revolutionizing Antenna Measurement
Founded in 2023 as a spinoff from the Eindhoven University of Technology (TU/e), Antennex leverages advanced reverberation-chamber technology to create compact measurement systems designed for the next generation of wireless applications. The company’s flagship product, The Wireless Connector™, integrates proprietary hardware with smart algorithms, enabling faster and more accurate antenna measurements compared to traditional methods.
Operating in the frequency range of 10 to 140 GHz, The Wireless Connector™ is designed to support the development of future technologies in wireless communication, autonomous radar, and sensing. By simplifying complex measurement processes, Antennex is making it easier for industries such as telecommunications, automotive, and aerospace to achieve high-quality results in a shorter time frame.
Investment for Growth
The recent funding will enable Antennex to enhance its product offerings and expand its operations to meet the growing demand in the market. Anouk Hubrechsen, CEO of Antennex, expressed her enthusiasm about the investment, stating that it will allow the company to increase its operational and commercial activities globally. She emphasized the significant value that VCC and BOM bring to Antennex, given their expertise in the RF and test and measurement sectors.
According to Remie Bastiaansen, Investment Manager at BOM, the increasing integration of antennas in various devices marks a revolutionary shift in multiple industries. He noted, “Antennex is at the forefront of this transition, providing essential testing solutions that will facilitate the deployment and adoption of advanced wireless technologies.”
Strategic Partnership
Antennex's partnership with VCC and BOM is not just about funding; it is also about collaborative growth. Ronald Wissink, Managing Partner at VCC, highlighted the importance of Antennex's technology, which offers high accuracy and speed in antenna measurements. He remarked, “Value Creation Capital will support their international ambition and the growth of their partner network to serve industry leaders.”
The backing of these prominent investors positions Antennex to expand its global footprint significantly. The funding will enable the company to scale its operations, strengthen its research and development efforts, and build a robust network of partnerships to cater to its expanding customer base.
A Vision for the Future
As Antennex continues to grow, the company remains dedicated to pushing the boundaries of antenna measurement technology. Its commitment to integrating advanced solutions with user-friendly interfaces is set to transform how antenna measurements are conducted, ultimately enhancing productivity across various sectors.
The funding will not only allow for improvements in product development but also facilitate the expansion of customer support and services, ensuring that Antennex meets the evolving needs of its clients. With a focus on delivering exceptional quality and efficiency, Antennex aims to establish itself as the industry standard for antenna measurement solutions.
The successful closure of a €1.5 million seed funding round underscores Antennex's innovative approach and the confidence investors have in its potential. As the company embarks on its journey to revolutionize the antenna measurement landscape, it is well-positioned to address the challenges and opportunities presented by the rapidly evolving wireless industry. With a clear vision and strong support from experienced partners, Antennex is set to redefine the future of antenna testing and measurement, paving the way for a more connected and efficient world.