The growth Italian company Ubiquicom aims at the international market

A new € 3.3 million financing round deal with Oltre Impact is closed

 

Milan, May 16, 2022 – Ubiquicom, an Italian company specializing in the design and development of products and solutions for the real-time localization and tracking of vehicles, goods, and pedestrians in various sectors, including logistics, manufacturing, transport, and healthcare, is aiming for a strong growth also internationally by closing a new round of € 3.3 million funding with the Oltre III Fund, managed by Oltre Impact Sgr S.p.A. – Manager EuVeca, the main Impact Investing operator in Italy.

The investment operation aims to consolidate Ubiquicom’s position in the international scenario of the design of advanced real-time locating and tracking systems (“RTLS – Real-Time Locating Systems”), allowing the company to implement the business development plan in foreign markets, integrate new functions developed by internal R&D and invest in team growth.

Companies with particular characteristics are at the heart of Oltre Impact’s investment strategy. We are talking about companies in the scale-up phase, with ample room for growth and committed to pursuing sustainable development goals. The latest transaction closed on April 29; the investment in the 3.3 million euro funding in Ubiquicom Srl, a company that operates in two fundamental application markets in terms of sustainability, also goes in this direction: Safety, with pedestrian-machine and machine-machine anti-collision solutions in industry and logistics, and Efficiency, with lean and supply chain visibility operational process efficiency solutions, based on the use of latest generation technologies such as Artificial Intelligence.

The entire management team participated in the capital increase: each manager became a shareholder of Ubiquicom, a sign of the strong commitment to ambitious growth projects. Ubiquicom’s primary objective is to scale international markets, thanks to creating a global partner network consisting of distributors of industrial machinery and forklifts, system integrators, ISVs, and consulting companies specializing in digital transformation. The target markets for 2022/2023 are the big five in Europe, UAE, and the USA.

The capital increase with Oltre Impact represents an important step in expanding the company business scope and extending it to international markets,” said Stefano Sarasso, CEO of Ubiquicom. “Ubiquicom’s DNA is the focus on intellectual property. We have always invested in R&D with patents and exclusive know-how. We integrate all localization technologies and design the best solution for every customer’s need regarding the accuracy, infrastructure, and implementation costs. This competitive differential will always find new markets and use cases for process innovation for the impact on safety & Efficiency. The feeling of the Oltre Impact team – Nicola Lambert and Sara De Benedetti – and the financial involvement in the deal of the entire Ubiquicom management team represent the solid starting point for the next few years.

Nicola Lambert, the partner of Oltre Impact, added: “The investment in Ubiquicom is the first of our new Oltre III fund and represents our strategy very well: investing in established and rapidly growing companies, with a solid management team and with the willingness to help solve pressing social/environmental problems. In the case of Ubiquicom and the immediate feeling with the team, we were struck by their commitment to finding solutions to help radically improve, through their positioning technologies, the safety of workers in production and logistics sites.

Ubiquicom’s service is based on the proprietary LOCATOR software platform for real-time localization, pedestrian and asset tracking, telemetry, data analytics, and the management of complex location-based events.

For warehouse safety, the flagship product is PROXIMITY, an advanced vehicle- vehicle/pedestrian-vehicle anti-collision solution based on UWB (Ultra Wideband) technology.

For the benefits of industry 4.0, TRACKVISION, with the BlueBox and NeoBox devices, is the system for telemetry and remote monitoring of the fleets of forklifts, cleaning machines, and all lifting and handling means for integrated management, efficiency, and responsible for the company fleet.

Ubiquicom creates tailor-made RTLS Solutions for direct and indirect localization for supply-chain visibility based on UWB, Mesh, LiDAR, BLE, WiFi, and optical technologies. For large, high-intensity logistics, SYNCHRO is the system that exploits the potential of Artificial Intelligence to optimize and make workflows more efficient, generating double-digit savings. Derive the use cases of SYNCHRO, the latest evolution was born, SYMPHO, an innovative system to improve the efficiency of logistics and warehouse processes designed for system integrators.

Ubiquicom is also among the companies that have joined the Vodafone Action for 5G Program with U-DYAGNOSI, a remote diagnostic solution for industrial machinery that halves service costs, as part of an evolving project of the TRACKVISION solution that leverages the added value of 5G.

Under the advisory mandate received, Nexus Ac Finance, the Corporate Finance vehicle consisting of Nexus-Stp and Alessandro Corbari, took on the role of Financial Originator of the operation. Alessandro Corbari was directly involved in the negotiations between the Ubiquicom management team and Oltre Impact. Nexus deals with management consulting and corporate taxation with a multidisciplinary and specialist structure, thus expanding the range of services to Corporate Finance (firstly in M&A and Debt Advisory), with the “global to local” vision to be shared with the Italian SMEs.

Ubiquicom was assisted by the Chiomenti Law Firm, with a team composed of the Partner Edoardo Canetta assisted by Barbara Ballandi, Maria Vittoria Morrone, and Giuseppe Fichera.

Oltre Impact was assisted by the BonelliErede Law Firm, with a team led by Giulia Bianchi Frangipane, member of the Innovation and Digital Transformation Focus Team and head of the Startup and Venture Capital practice, and composed of the senior associate Enrico Goitre, also a member of Focus Innovation and Digital Transformation Team, and by Benedetta Duca.