Iot Automation Pioneer Kinexon Raises $130M In Funding Round Led By Thomas H. Lee Partners

Apr 26, 2022•over 3 years ago

Amount Raised

$130 Million

Munich

Description

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 Information

Company

Kinexon

Location

Munich, Bavaria, Germany

About

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

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Iot Automation Pioneer Kinexon Raises $130M In Funding Round Led By Thomas H. Lee Partners

Description

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Funding Insights

Company Information