About U-blox
U-blox is a publicly listed company based in Thalwil (Switzerland) founded in 1997 by Ray Bogans and Andreas Thiel, and was acquired by Advent International in August 2025. ICs for cellular communication and GPS solutions are provided. U-blox has raised $12.09 million across 3 funding rounds from investors including 3i Group, European Union and Advent International. U-blox has completed 9 acquisitions, including 4M Wireless, Antcor and Cognovo. Its chief executive, as recorded, is Thomas Seiler. Its website u-blox.com draws about 223 thousand monthly visits. U-blox offers products and services including Cellular chips and modules, Positioning chips and modules, Short range radio modules, and u-center software. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, Communication ICs and Cellular.
Company details
U-blox was founded in 1997 in Thalwil, Switzerland, within the semiconductors sector. Integrated circuits for cellular communication are supplied, alongside GPS receivers and wireless solutions targeted at consumer, industrial, and automotive markets. The portfolio encompasses chips, modules, and design services that support IoT and GPS applications for OEMs. A cloud-based delivery platform is also maintained to facilitate these offerings.
- Headquarters Thalwil, Switzerland
- Founders Ray Bogans, Andreas Thiel
- Stage Acquired
- SectorsTechnology
- Website category Computers Electronics and Technology · Telecommunications
- Website u-blox.com/en
- Social LinkedIn X
- Acquired by Advent International (Aug 2025)
- Legal Name U-Blox Holding Ag
- Annual Revenue$290.17 M (USD)-54.43as on Dec 31, 2024
- Net Profit-$98.14 M (USD)-930.15as on Dec 31, 2024
- EBITDA-$44.44 M (USD)-138.06as on Dec 31, 2024
- Total Equity Funding$12.09M (USD)
in 3 rounds
- Investors3i Group
& 2 more
- Investments & Acquisitions4M Wireless
& 8 more
- Acquired byAdvent International
(Aug 2025)
Products & Services of U-blox
U-blox offers a comprehensive portfolio of products and services, including Cellular chips and modules, Positioning chips and modules, Short range radio modules, and u-center software.
Components for low-power global cellular connectivity in devices
Technology for accurate navigation and location services worldwide
Modules enabling short-range communication for IoT applications
Evaluation tool for GNSS testing and development purposes
Funding Insights of U-blox
U-blox has successfully raised a total of $12.09M across 3 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 $12.09M
- Total Rounds 3
- First Round $12.09M
(Aug 2001)
- Investors Count 2
All 3 funding rounds of U-blox with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | Grant | – | – | ||
| Mar 2015 | $62.33M | Debt – Conventional | – | – | – |
| Aug 2001 | $12.09M | Series C | – | – |
3 investors in total: 3 institutional.
Investors in U-blox
U-blox has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include 3i Group, European Union and Advent International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on mid-market businesses | 1945 | 3i.com | London, United Kingdom | |
Private equity firm focused on multiple sectors | adventinternational.com | Sao Paulo, Brazil | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for U-blox
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People of U-blox
84 people are tracked at U-blox (21 in leadership, 5 in board & advisors, 58 in team).
| Name | Role | Group |
|---|---|---|
Ray Bogans | Co-Founder | Leadership |
Andreas Thiel | Co-Founder | Leadership |
Thomas Seiler | CEO | Leadership |
Jean-Pierre Wyss | Head of Production and Logistics & Co‑Founder, u‑blox AG | Leadership |
Stefania Sesia | Bunisess Unit’s Head | Leadership |
Diego Grassi | Head Of Segment Managers | Leadership |
Herbert Blaser | Head Product Center Short Range Radio | Leadership |
Stephen Kaufmann | Global Head Of Distribution | Leadership |
Faek Christian Madwar | Global Director Of Application Engineering | Leadership |
Rafael Duarte | Head Of Business Control And Investor Relations | Leadership |
Neil Hamilton | Head Of Growth - Services | Leadership |
Markus Uster | Senior Director, Head Business Unit Positioning | Leadership |
Raymundo Cordero | Head Of Cloud | Leadership |
Jari Jekkonen | Director, Module Quality & Reliability Engineering And Reliability Laboratory | Leadership |
Rodrigo Leandro | Head Of Technology, Services | Leadership |
Olivier Piron | Head Of PMO | Leadership |
Roland Jud | Chief Financial Officer | Leadership |
Andrew Rowett | Finance Director | Leadership |
Harri Heikkinen | Director, Product Portfolio Planning | Leadership |
Lars Geiger | CIO / Head Of Group IT | Leadership |
64 more people are available in the full profile.
Complete people profiles for U-blox
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IPO & Listings of U-blox
U-blox is a publicly listed company on the SIX with ticker symbol UBXN in Switzerland, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 Oct 2007
- Listed onSWX: UBXN
- Listed entityu-blox Holding AG
- Exchange sectorElectronic technology
- ISINCH0033361673
- Share price134.20 CHF (+0.15% on the day) · 2026-05-11
- Market capitalisation1,012,020,784.00 CHF
- Volume (last session)935
- Analyst consensusNo rating
Financials of U-blox
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | 262.9M CHF | -88.9M CHF | -40.3M CHF |
| 2023 | 576.9M CHF | -8.6M CHF | 105.8M CHF |
| 2022 | 623.9M CHF | 101.8M CHF | 161.8M CHF |
| 2021 | 414.1M CHF | 15.3M CHF | 60.8M CHF |
| 2020 | 333.5M CHF | -64.6M CHF | 33.8M CHF |
Detailed financial statements for U-blox
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Investments & Acquisitions by U-blox
U-blox has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include 4M Wireless, Antcor and Cognovo.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
GNSS augmentation services are provided to improve satellite navigation accuracy. | sapcorda.com | Berlin, Germany | 2016 | Mar 2021 | •••• | |
SIM-based connectivity solutions for IoT applications are provided. | thingstream.io | Beijing, China | 2017 | Apr 2020 | $10.38M | |
Wi-Fi IP is provided for communications and connectivity chip designs. | antcor.com | Athens, Greece | 2004 | Aug 2014 | •••• | |
Wireless solutions for last-hundreds-of-meters connectivity are developed. | connectblue.com | Malmo, Sweden | 2000 | May 2014 | $28.18M | |
Provider of GPS software and hardware services | fastrax.fi | Vantaa, Finland | 1999 | Oct 2012 | •••• | |
Silicon IP and software for multi-mode wireless modems are licensed. | cognovo.com | Royston, United States | 2009 | Jun 2012 | $16.5M | |
Wireless technology solutions are provided by 4M Wireless in Pakistan. | 4mwireless.com | Lahore, Pakistan | 2006 | Apr 2012 | •••• | |
Wireless modules and services for M2M markets are developed. | fusionwirelesscorp.com | San Diego, United States | 2009 | Sep 2011 | •••• | |
Wireless telecommunication services are provided by Neonseven in Italy. | neonseven.com | Sgonico, Italy | 2018 | Feb 2009 | $11.86M |
Complete acquisition details for U-blox
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Timeline of U-blox
14 dated milestones of U-blox across 28 years, from founding to its latest funding, stage changes and deals.
- Founded U-blox is founded.
- Funding First funding round of $12.1M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Neonseven.
- Acquisition Acquires Fusion Wireless.
- Acquisition Acquires 4M Wireless.
- Acquisition Acquires Cognovo.
- Acquisition Acquires Fastrax.
- Acquisition Acquires connectBlue.
- Acquisition Acquires Antcor.
- Funding Latest funding round, Grant,.
- Acquisition Acquires Thingstream.
- Acquisition Acquires Sapcorda.
- Exit Acquired by Advent International.
Web traffic of U-blox
The website of U-blox (u-blox.com) receives about 223K visits a month and ranks #190,395 among all websites worldwide, #1,295 in Telecommunications.
- Monthly visits223K
▼ 3.7% vs previous month
- Unique visitors83.9K
per month
- Global rank#190,395
among all websites
- Category rank#1,295
Computers Electronics and Technology · Telecommunications
- Bounce rate48%
- Pages per visit2.5
- Average visit1 min 50 sec
- DevicesDesktop 58% · Mobile 42%
Websites whose visitors overlap most with U-blox. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| alcatel-lucent.com | 100% | 44.3K | #657,260 | View details | |
| rtcm.org | 100% | View details | |||
gnss.store | gnss.store | 87% | #737,778 | – | |
| genmobile.com | 85% | 699K | #60,278 | View details | |
euromobile.ru | euromobile.ru | 85% | #757,418 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Frequently Asked Questions about U-blox
U-blox was founded in 1997 and raised its 1st funding round 4 years after it was founded.
U-blox is headquartered in Thalwil, Switzerland. It is registered at Thalwil, Zurich, Switzerland.
Thomas Seiler is the CEO of U-blox, as recorded in our data.
U-blox is a funded company, having raised a total of $12.09M across 3 funding rounds to date. The company's 1st funding round was a Series C of $12.09M, raised on Aug 2001.
Annual revenue of U-blox is $290.17M as on Dec 31, 2024.
U-blox was founded in 1997 in Thalwil, Switzerland, within the semiconductors sector. Integrated circuits for cellular communication are supplied, alongside GPS receivers and wireless solutions targeted at consumer, industrial, and automotive markets. The portfolio encompasses chips, modules, and design services that support IoT and GPS applications for OEMs. A cloud-based delivery platform is also maintained to facilitate these offerings.
U-blox offers Cellular chips and modules, Positioning chips and modules, Short range radio modules, and u-center software.
Yes, U-blox is publicly traded on SIX under the ticker symbol UBXN.
U-blox has made 9 acquisitions, including 4M Wireless, Antcor, and Cognovo.
U-blox has 3 investors. Key investors include 3i Group, European Union, and Advent International.
Yes. U-blox was acquired by Advent International in August 2025.
The website of U-blox receives about 223 thousand visits a month and ranks #190,395 among all websites worldwide.