Munich, Germany \u2014 Kinexon, provi\u00adder of the worl\u00add\u2019s most advan\u00adced full-stack solu\u00adtion for real-time connec\u00adti\u00advity, intel\u00adli\u00adgence and auto\u00adma\u00adtion, has raised a USD 130 million Series A funding round. In addi\u00adtion to lead inves\u00adtor Thomas H. Lee Part\u00adners, L.P. (THL), BMW i Ventures, Inc. and the Tele\u00adkom Inno\u00adva\u00adtion Pool (TIP), Deut\u00adsche Tele\u00adkom AG\u2019s stra\u00adte\u00adgic invest\u00adment fund. Bird & Bird LLP advi\u00adsed Kinexon on its USD 130 million Series A.<\/p>\n
The funding will enable Kinexon to acce\u00adle\u00adrate inter\u00adna\u00adtio\u00adnal expan\u00adsion and scale its opera\u00adting system for networked and auto\u00adma\u00adted processes.<\/p>\n
Kinexon is a pioneer in the core elements of IoT. Kinexon deli\u00advers cloud soft\u00adware for captu\u00adring, opti\u00admi\u00adzing and auto\u00adma\u00adting proces\u00adses in produc\u00adtion, logi\u00adstics and sports. Head\u00adquar\u00adte\u00adred in Munich, the company now has more than 300 employees in Munich and Chicago. Kinexon laun\u00adched the worl\u00add\u2019s most cost-effec\u00adtive UWB sensor, enab\u00adling a variety of profi\u00adta\u00adble IoT appli\u00adca\u00adti\u00adons. Kinexon makes connec\u00adti\u00advity and precise indoor loca\u00adliza\u00adtion of indus\u00adtrial assets ready for the mass market for the first time.<\/p>\n
Advi\u00adsor Kinexon: Bird & Bird Attor\u00adneys at Law<\/strong><\/p>\n Lead Part\u00adner Stefan M\u00fcnch, Coun\u00adsel Michael Gass\u00adner, Coun\u00adsel Andrea Schlote, Asso\u00adciate Daniel Gloor, all Corporate\/M&A, Part\u00adner Dr. Henri\u00adette Picot, Commer\u00adcial, all Munich, Part\u00adner Dr. Michael J\u00fcne\u00admann, Finan\u00adcing and Finan\u00adcial Regu\u00adla\u00adtion, Frank\u00adfurt, Part\u00adner Dr. Stephan Wald\u00adheim, Asso\u00adciate Tietze Tamy, both EU & Anti\u00adtrust, D\u00fcsseldorf.<\/p>\n Advi\u00adsors to Thomas H. Lee Part\u00adners, L.P. (THL): Kirk\u00adland & Ellis, Munich<\/strong><\/p>\n Attila Oldag, Dr. Sebas\u00adtian H\u00e4fele (both lead, both M&A\/Private Equity), Dr. Alex\u00adan\u00adder M.H. L\u00e4ngs\u00adfeld (Debt Finance), Daniel Hiemer (Tax); Asso\u00adcia\u00adtes: Dr. Thomas Diek\u00admann, Jan Mahlke (both M&A\/Private Equity), Phil\u00adipp B\u00fcch\u00adler (Debt Finance), Dr. Tobias Stuppi (Tax) Munich, Germany \u2014 Kinexon, provi\u00adder of the worl\u00add\u2019s most advan\u00adced full-stack solu\u00adtion for real-time connec\u00adti\u00advity, intel\u00adli\u00adgence and auto\u00adma\u00adtion, has raised a USD 130 million Series A funding round. In addi\u00adtion to lead inves\u00adtor Thomas H. Lee Part\u00adners, L.P. (THL), BMW i Ventures, Inc. and the Tele\u00adkom Inno\u00adva\u00adtion Pool (TIP), Deut\u00adsche Tele\u00adkom AG\u2019s stra\u00adte\u00adgic invest\u00adment fund. [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":39712,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1367,1368,1369],"tags":[],"class_list":["post-39933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors"],"yoast_head":"\n
\n\u2014 Kirk\u00adland & Ellis, Chicago: Ted M. Fran\u00adkel, P.C., Kyle P. McHugh (both M&A\/Private Equity)
\n\u2014 Kirk\u00adland & Ellis, London: John Patten (Tech\u00adno\u00adlogy & IP Transactions)<\/p>\n","protected":false},"excerpt":{"rendered":"