# ANTENNEX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/antennex

- Industry: Electronics
- Headquarters: At Eindhoven, Netherlands
- Website: www.antennex.tech/
- Total disclosed funding: $1.6M
- Latest round: Seed (Oct 5, 2024)
- Investors on record: 2

## About

ANTENNEX, founded in 2021 in Eindhoven, Netherlands, provides integrated antennas. The company completed its latest funding round on October 29, 2024, raising USD 1.5 mn in Seed funding from investors including BOM Brabant Ventures and Value Creation Capital. 

ANTENNEX offers antenna measurement solutions, primarily through its flagship product, the millimeter wave antenna analyzer (MAAX), which functions as an over-the-air connector. This tool facilitates wireless testing of system metrics at mm-wave frequencies, allowing for the measurement of autonomous emitters and receivers regardless of their design. With a focus on user-friendly and intuitive operation, ANTENNEX aims to simplify the antenna measurement process, catering to clients across various technology sectors including telecommunications, automotive, and consumer electronics. Their products are designed to provide insights into device performance, thereby addressing the evolving demands of new wireless technology developments. ANTENNEX serves a diverse client base, including industry professionals and academic institutions, with services targeted at European markets, notably in the Netherlands and extending to broader EU regions.

ANTENNEX generates revenue through the sale of its measurement instruments, notably the MAAX, which is positioned as a premium product within the antenna measurement space. The transaction structure typically involves direct sales to businesses, including partnerships with research institutions and technology firms that require sophisticated measurement solutions. Clients engage in single-transaction purchases for the MAAX as well as potential ongoing service agreements for software updates and technical support. Pricing for these instruments reflects their advanced capabilities and technological innovation, targeting businesses that prioritize precision in antenna performance analysis. The company’s revenue is augmented by its commitment to client engagement, including offering customized demonstrations and consultations to ensure that its products meet specific measurement needs. 

In October 2024, ANTENNEX raised USD 1.5 mn in Seed funding from new investors Value Creation Capital and BOM Brabant Ventures. The company will use this funding to revolutionize the antenna testing and measurement landscape. Future plans include the design and launch of new products to enhance antenna testing capabilities, targeting an expansion into new European markets by 2025.

## Funding rounds

- Seed, Oct 5, 2024, $1.6M — BOM Brabant Ventures, Value Creation Capital

## Investors

- BOM Brabant Ventures (https://capitalatlas.ai/funds/bom-brabant-ventures) — Seed
- Value Creation Capital (https://capitalatlas.ai/funds/value-creation-capital) — Seed