PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

Thomas H Lee Partners leads $130m funding round in IoT automation specialist KINEXON

KINEXON, a specialist in connected and automated processes, has closed a $130 Million Series A fundraise led by private equity firm Thomas H Lee Partners (THL).

BMW i Ventures and Telekom Innovation Pool (TIP), Deutsche Telekom’s strategic investment fund provided co-investments.

KINEXON will leverage the investment to accelerate the development of its automation technology and to continue its expansion in North America and Europe.

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured