Share
Antennex secures seed funding for further commercial expansion
Eindhoven, October 29th, 2024 – Antennex, an innovator in antenna measurement solutions, has successfully secured seed funding from Value Creation Capital (VCC) and Brabantse Ontwikkelings Maatschappij (BOM). This investment will accelerate Antennex’s commercial expansion and strengthen its ambition to revolutionize the antenna testing and measurement landscape.
Antennex specializes in advanced, compact measurement systems leveraging reverberation-chamber technology for next-generation wireless applications such as in telecom, automotive, and aerospace and defense. By combining proprietary hardware with smart algorithms, Antennex simplifies traditionally complex and time-consuming measurements, delivering faster results with exceptional accuracy.
Its flagship product, The Wireless Connector™, is equipped with a built-in calibration module and intuitive controls and offers faster, more efficient alternative to traditional anechoic chambers, which are notoriously difficult to operate and maintain. Operating across the 10–140 GHz range, the Wireless Connector™ is ideally suited for the development of future technologies in wireless communication, autonomous radar, and sensing.
Founded in 2023 as a spinoff from the Eindhoven University of Technology (TU/e) – a prominent institution in antenna research – Antennex has translated years of academic research into a commercial product. Following its recent market launch, the Wireless Connector™ is already used by notable customers and with the new funding, Antennex aims to further enhance its product offerings and scale operations to meet growing demand.
Anouk Hubrechsen, CEO of Antennex: “This investment allows us to expand our operational and commercial activities for customers worldwide. VCC and BOM bring an enormous added value in developing our company because of their backgrounds in the RF and test and measurement domains. We are happy to welcome them as a shareholder in our company.”
Remie Bastiaansen, Investment Manager at BOM: “The transition to having more antennas integrated in devices will revolutionize various industries by enabling faster, more reliable, and more extensive wireless communication and sensing capabilities. Antennex is at the forefront of this transition, providing essential testing solutions that will facilitate the deployment and adoption of these advanced wireless technologies. BOM is excited to collaborate with VCC in offering both business development support and a new investment to the company.”
Ronald Wissink, Managing Partner at VCC: “We are happy to welcome Antennex to our Deep Tech portfolio. With their new technology, Antennex is able to measure antennas with high accuracy and speed. Providing faster time to market and high product quality for critical devices and infrastructure in various markets, like telecom, automotive, defence and aerospace. Value Creation Capital will support their international ambition and growth of their partner network for serving industry leaders.”