Onomondo secures €100M to expand IoT infrastructure
Onomondo, a Copenhagen company focused on Internet of Things (IoT) infrastructure, has raised over €100 million in an investment led by Aspirity Partners, which will take a majority stake. Denmark’s sovereign fund EIFO is increasing its investment, too. Onomondo’s platform helps companies manage fleets of connected devices—like those in shipping or manufacturing—offering seamless transitions between private and public networks worldwide.
- Aspirity Partners leads €100M+ majority investment
- EIFO, Denmark’s sovereign fund, upping its stake
- Onomondo operates hybrid private/public network infrastructure
- Over 500 enterprise customers, including Maersk and Carlsberg
- World’s largest private LTE at sea powers Maersk’s fleet
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