Ubidyne secures €22M in series B funding

Investment round completed

Ubidyne AG of Ulm, Germany, a specialist in digital radio technology for the wireless industry, sealed a €22 million second round funding led by Doughty Hanson Technology Ventures. According to the company, this is one of the largest venture capital investments in the European wireless equipment market in recent years. Previous investors Accel Partners and TVM Capital followed on, along with new investor BayTech Venture Capital.

Ubidyne has developed a digital antenna-embedded radio system for wireless communications, which it claims significantly improves the economics of operating wireless networks. The technology reduces energy consumption, enables simple, flexible deployment, and increases the coverage and capacity of mobile communications networks.

“Our oversubscribed series B funding is a strong vote of confidence in our technology, execution, and growing market traction,” said Ken Hawk, CEO of Ubidyne. “Our investors’ depth of experience and knowledge, together with their global network, will be invaluable in our efforts to become the global leader in antenna embedded radios.”

“Ubidyne’s all-digital technology brings disruptive change to a market that today relies on traditional analogue technology that is expensive and inefficient,” said Stefan Tirtey, Partner at Doughty Hanson Technology Ventures. “Ken Hawk and Dr Clemens Rheinfelder [CTO and Co-Founder] have built a great team and have demonstrated their breakthrough technology to global operators and OEM’s. We look forward to helping Ubidyne capitalise on this tremendous opportunity.”

“Ubidyne’s technology has the potential to dramatically improve uplink and downlink performance, though placing better transmit/receive capabilities directly into the base station antennas via active antenna arrays,” said Brian Modoff, Mobile Research Analyst, Deutsche Bank.