U-blox

Thalwil, Switzerland Founded: 1997 • Age: 29 yrs Acquired By Advent International
ICs for cellular communication and GPS solutions are provided.
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About U-blox

U-blox is a company based in Thalwil (Switzerland) founded in 1997 by Ray Bogans and Andreas Thiel was acquired by Advent International in August 2025.. 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. U-blox offers products and services including Cellular chips and modules, Positioning chips and modules, Short range radio modules, and u-center software. U-blox operates in a competitive market with competitors including Qualcomm, MaxLinear, Sequans, CyOptics and Signalchip Innovations, among others.

  • Headquarter Thalwil, Switzerland
  • Founders Ray Bogans, Andreas Thiel
  • Stage Public
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name U-Blox Holding Ag
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
    $290.17 M (USD)
    -54.43
    as on Dec 31, 2024
  • Net Profit
    $-98.14 M (USD)
    -930.15
    as on Dec 31, 2024
  • EBITDA
    $-44.44 M (USD)
    -138.06
    as on Dec 31, 2024
  • Total Equity Funding
    $12.09 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    3i Group

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    4M Wireless

    & 8 more

  • Acquired by
    Advent International

    (Aug 18, 2025)

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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.

Exchange: SIX · Ticker: UBXN . Sector: Electronic technology · Switzerland

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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

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

People of U-blox
Headcount 1000-5000
Employee Profiles 77
Board Members and Advisors 5
Employee Profiles
People
Jean-Pierre Wyss
Head of Production and Logistics & Co‑Founder, u‑blox AG
People
Spiros Tsatouchas
Senior Embedded Software Engineer
People
Samu Sillanpää
Senior Devops Engineer
People
Ari Kuukka
Principal Product Owner

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Board Members and Advisors
people
Gina Domanig
Board Member
people
Annette Rinck
Board Member
people
André Müller
Chairman
people
Ulrich Looser
Board Member

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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
  • Total Rounds 3
  • Last Round
  • First Round

    (31 Aug 2001)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2019 Amount Grant - U-blox Valuation

investors

Mar, 2015 Amount Debt – Conventional - U-blox Valuation

investors

Aug, 2001 Amount Series C - U-blox Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on mid-market businesses
Founded Year Domain Location
Private equity firm focused on multiple sectors
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

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. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Wireless telecommunication services are provided by Neonseven in Italy.
2018
SIM-based connectivity solutions for IoT applications are provided.
2017
GNSS augmentation services are provided to improve satellite navigation accuracy.
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - U-blox

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

U-Blox Comparisons

Employees
+
Add Comparison
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Competitors of U-blox

U-blox 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 Qualcomm, MaxLinear, Sequans, CyOptics and Signalchip Innovations, 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
Provider of cloud and AI-based cellular communication ICs
domain founded_year HQ Location
Integrated circuits for cellular and broadband communications are provided.
domain founded_year HQ Location
Cellular IoT chips and modules are developed for diverse applications.
domain founded_year HQ Location
Provider of Indium phosphide-based optical chips
domain founded_year HQ Location
System-on-chip solutions for communication technologies in networks are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about U-blox

When was U-blox founded?

U-blox was founded in 1997 and raised its 1st funding round 4 years after it was founded.

Where is U-blox located?

U-blox is headquartered in Thalwil, Switzerland. It is registered at Thalwil, Zurich, Switzerland.

Who is the current CEO of U-blox?

Thomas Seiler is the current CEO of U-blox.

Is U-blox a funded company?

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 31, 2001.

What is the annual revenue of U-blox?

Annual revenue of U-blox is $290.17M as on Dec 31, 2024.

What does U-blox do?

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.

Who are the top competitors of U-blox?

U-blox's top competitors include Qualcomm, MaxLinear and Sequans.

What products or services does U-blox offer?

U-blox offers Cellular chips and modules, Positioning chips and modules, Short range radio modules, and u-center software.

Is U-blox publicly traded?

Yes, U-blox is publicly traded on SIX under the ticker symbol UBXN.

How many acquisitions has U-blox made?

U-blox has made 9 acquisitions, including 4M Wireless, Antcor, and Cognovo.

Who are U-blox's investors?

U-blox has 3 investors. Key investors include 3i Group, European Union, and Advent International.

What is U-blox's ticker symbol?

The ticker symbol of U-blox is UBXN on SIX.

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