Iot Automation Pioneer Kinexon Raises $130M In Funding Round Led By Thomas H. Lee Partners
04/26/22, 7:00 AM
Location
Money raised
$130 million
KINEXON, a leader in connected and automated processes, today announced a successful $130 Million Series A fundraise. Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in growth companies, led the round with co-investments from BMW i Ventures and Telekom Innovation Pool (TIP), Deutsche Telekom’s strategic investment fund
Company Info
Location
munich, bavaria, germany
Additional Info
KINEXON is a global technology leader that develops groundbreaking sensing and software solutions for the Internet of Things (IoT). KINEXON Industries implements specialized real-time IoT solutions for Industry 4.0, in order to capture, analyze and automate manufacturing and logistics processes for industry leaders such as BMW and Continental. More than 400 teams and leagues worldwide rely on KINEXON Sports & Media in the areas of performance tracking, analytics, and fan engagement. Headquartered in Munich, Germany, KINEXON has grown to more than 300 employees across offices in Munich and Chicago. For more information, visit www.kinexon.com