Munich, Germany — Kinexon, provi­der of the world’s most advan­ced full-stack solu­tion for real-time connec­ti­vity, intel­li­gence and auto­ma­tion, has raised a USD 130 million Series A funding round. In addi­tion to lead inves­tor Thomas H. Lee Part­ners, L.P. (THL), BMW i Ventures, Inc. and the Tele­kom Inno­va­tion Pool (TIP), Deut­sche Tele­kom AG’s stra­te­gic invest­ment fund. Bird & Bird LLP advi­sed Kinexon on its USD 130 million Series A.

The funding will enable Kinexon to acce­le­rate inter­na­tio­nal expan­sion and scale its opera­ting system for networked and auto­ma­ted processes.

Kinexon is a pioneer in the core elements of IoT. Kinexon deli­vers cloud soft­ware for captu­ring, opti­mi­zing and auto­ma­ting proces­ses in produc­tion, logi­stics and sports. Head­quar­te­red in Munich, the company now has more than 300 employees in Munich and Chicago. Kinexon laun­ched the world’s most cost-effec­­tive UWB sensor, enab­ling a variety of profi­ta­ble IoT appli­ca­ti­ons. Kinexon makes connec­ti­vity and precise indoor loca­liza­tion of indus­trial assets ready for the mass market for the first time.

Advi­sor Kinexon: Bird & Bird Attor­neys at Law

Lead Part­ner Stefan Münch, Coun­sel Michael Gass­ner, Coun­sel Andrea Schlote, Asso­ciate Daniel Gloor, all Corporate/M&A, Part­ner Dr. Henri­ette Picot, Commer­cial, all Munich, Part­ner Dr. Michael Jüne­mann, Finan­cing and Finan­cial Regu­la­tion, Frank­furt, Part­ner Dr. Stephan Wald­heim, Asso­ciate Tietze Tamy, both EU & Anti­trust, Düsseldorf.

Advi­sors to Thomas H. Lee Part­ners, L.P. (THL): Kirk­land & Ellis, Munich

Attila Oldag, Dr. Sebas­tian Häfele (both lead, both M&A/Private Equity), Dr. Alex­an­der M.H. Längs­feld (Debt Finance), Daniel Hiemer (Tax); Asso­cia­tes: Dr. Thomas Diek­mann, Jan Mahlke (both M&A/Private Equity), Phil­ipp Büch­ler (Debt Finance), Dr. Tobias Stuppi (Tax)
— Kirk­land & Ellis, Chicago: Ted M. Fran­kel, P.C., Kyle P. McHugh (both M&A/Private Equity)
— Kirk­land & Ellis, London: John Patten (Tech­no­logy & IP Transactions)