About Ubimax
Ubimax is a company based in Bremen (Germany) founded in 2011 was acquired by TeamViewer in July 2020.. Ubimax has raised $6 million across 4 funding rounds from investors including TeamViewer, European Union and Fielmann Ventures. Ubimax has completed 1 acquisition, including ESSERT DIGITAL. Ubimax operates in a competitive market with competitors including RightHand Robotics, Third Wave Automation, Kindred, GreyOrange and Agility Robotics, among others.
- Headquarter Bremen, Germany
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Sectors
TechnologyTransportation, Automotive & Logistics Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
TeamViewer
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
TeamViewer
(Jul 15, 2020)
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Funding Insights of Ubimax
Ubimax has successfully raised a total of $6M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(06 Oct 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Series B - Ubimax | Valuation | Fielmann Ventures |
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| May, 2019 | Amount | Grant - Ubimax | Valuation |
investors |
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| Jul, 2018 | Amount | Grant - Ubimax | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ubimax
Ubimax has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include TeamViewer, European Union and Fielmann Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Fielmann Ventures is focused on innovation in vision and hearing technologies.
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Founded Year | Domain | Location | |
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Atlantic Bridge is focused on growth equity investments in technology.
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Founded Year | Domain | Location | |
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A family investment office focused on venture and growth equity.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ubimax
Ubimax has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ESSERT DIGITAL. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Augmented reality-based remote support solutions are provided for field services.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ubimax
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ubimax Comparisons
Competitors of Ubimax
Ubimax operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RightHand Robotics, Third Wave Automation, Kindred, GreyOrange and Agility Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven automation is delivered for warehouse material handling.
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| domain | founded_year | HQ Location |
Provider of a pick and place robot for e-commerce applications
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| domain | founded_year | HQ Location |
AI and SaaS-based robots for warehouse automation are provided.
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| domain | founded_year | HQ Location |
Automated robotic solutions are provided for warehouse operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ubimax
Frequently Asked Questions about Ubimax
When was Ubimax founded?
Ubimax was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is Ubimax located?
Ubimax is headquartered in Bremen, Germany. It is registered at Bremen, Bremen, Germany.
Is Ubimax a funded company?
Ubimax is a funded company, having raised a total of $6M across 4 funding rounds to date. The company's 1st funding round was a Grant of $624.43K, raised on Oct 06, 2016.
What does Ubimax do?
Ubimax provides wearable computing solutions for order picking, manufacturing, and inspection operations. XPick, Ubimaxs picking solution consists of a smart glass connected to the software through a WLAN network which can be used by picking staff. It supports manual order picking, incoming, outgoing and sorting of goods, and inventory management. It has additional modules for weight checks, barcode scans, localization, or voice confirmations which can be configured for reducing errors due to specific checks. Partners include Google, Vuzix, and META among others. Customers include Daimler, DHL, Volkswagon, Ricoh and BMW among others.
Who are the top competitors of Ubimax?
Ubimax's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
How many acquisitions has Ubimax made?
Ubimax has made 1 acquisition, including ESSERT DIGITAL.
Who are Ubimax's investors?
Ubimax has 5 investors. Key investors include TeamViewer, European Union, Fielmann Ventures, Atlantic Bridge, and Westcott Investment Group.
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