HomeNewsFinance & LawMultiple SportsGermany

Kinexon raises $130m in funding round

Thomas Müller of Germany challenges Maximilian Góppel of Liechtenstein (Photo by Stuart Franklin/Getty Images)

German tracking and analytics company Kinexon has secured $130m (€122m) in a Series A funding round led by private equity firm Thomas H. Lee Partners (THL).

Co-investments have also been made by BMW i Ventures and Telekom Innovation Pool, Deutsche Telekom’s strategic investment fund. Kinexon will look to use the investment to accelerate the development of its automation technology and continue its expansion in North America and Europe.

You need to have an account to access our content

Find out more about our news, features and services

Already have an account? Sign in here