Blu Wireless Technology
Financials
Estimates*
EUR | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 5.5m | 7.3m | 6.2m | 5.3m | 4.8m |
% growth | - | 33 % | (15 %) | (15 %) | (10 %) |
EBITDA | - | (6.3m) | (8.7m) | (5.7m) | - |
% EBITDA margin | - | (86 %) | (139 %) | (108 %) | - |
Profit | - | (4.6m) | (7.3m) | (5.1m) | - |
% profit margin | - | (63 %) | (116 %) | (96 %) | - |
R&D budget | - | - | 6.7m | - | - |
R&D % of revenue | - | - | 108 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
£2.0m | Seed | ||
£10.0m | Late VC | ||
* | £12.7m | Late VC | |
* | £3.4m Valuation: £63.5m | Late VC | |
Total Funding | €33.7m |
Related Content
Recent News about Blu Wireless Technology
EditBlu Wireless is a pioneering company in the field of 5G millimeter wave (mmWave) wireless technology. The company specializes in providing high-speed, multi-gigabit connectivity solutions that cater to a wide range of applications, including businesses, transportation, and urban environments. Blu Wireless serves clients who require robust and flexible network solutions, such as rail operators, private WANs, and tactical vehicle networks. Operating in the telecommunications market, Blu Wireless leverages its expertise in system products and silicon IP to deliver high-performance networking equipment and application software. The company's business model revolves around selling its advanced communication equipment and software solutions, which are extensively tested and commercially deployed. Blu Wireless generates revenue by offering these cutting-edge products to its partners, enabling them to innovate and meet global connectivity needs in the 5G era and beyond.
Keywords: 5G, mmWave, connectivity, high-speed, multi-gigabit, networking, telecommunications, silicon IP, private WAN, tactical networks.