Kinexon provides cloud software for recording, optimizing, and automating processes in production, logistics, and sports. Combining the startup's software with any sensors and networked devices creates an end-to-end automation solution. In the sports sector, the Munich-based company already attracting a lot of attention, when both FIFA and a majority of NBA teams opted for solutions to analyze athletic performance and enrich sports broadcasts with innovative data. Kinexon now provides them with real-time insights into vitality, performance, and game strategy.
But Kinexon has also already won over numerous well-known customers in its second core segment. BMW, Continental, Siemens, and Airbus, among others, rely on the startup's solutions to improve productivity and sustainability and reduce costs in manufacturing and logistics.
"Our vision is a world in perfect flow. Wherever objects, people, or processes are in motion, we can improve and automate the underlying processes. This investment round provides us with growth capital to scale and further expand our leading operating system for process automation. We are also committed to geographical expansion to meet the growing needs of our customers around the world."
explained Oliver Trinchera, Co-founder and Co-CEO of Kinexon.
“Kinexon has defined new standards in IoT and orchestration software”
"Kinexon has set new standards in IoT and orchestration software. Kinexon's cloud platform can capture localization data in real time and simultaneously transfer it into powerful applications for customers. We are pleased to support co-founders Oliver Trinchera and Alexander Hüttenbrink in scaling Kinexon. We are convinced that they have the right vision and experience to shape the future of automation technology in industry and sports."
says Michael Kaczmarek, Managing Director at THL.
THL is investing in Kinexon through both its flagship Fund IX and the Automation Fund. Michael Kaczmarek and Jim Carlisle, Managing Director and Head of THL's Automation Fund, will join Kinexon's Board of Directors, along with Michael Süß, Chairman of the Oerlikon Board of Directors and former member of the Executive Board of Siemens AG, and Carl-Peter Forster, former member of the Executive Board of BMW AG and former CEO of General Motors Europe and Tata Motors.
"The BMW Group's automotive production, like elite sports, is all about high-performance processes. The IPS-i real-time tracking platform forms the backbone for the complete digitalization of our production. It is an innovative operating system that makes our highly complex manufacturing processes transparent and further increases production efficiency. With our investment in Kinexon, we are now intensifying our long-standing and well-established partnership. Together, we want to set new standards in digital production control."
so Milan Nedeljkovic, Member of the Board of Management of BMW for Production.
"Deutsche Telekom's strategic investment in Kinexon strengthens the IoT partnership between our two companies. Together, we offer real-time, location-based automation solutions to industrial customers. Deutsche Telekom's 5G expertise also paves the way for joint development opportunities between our companies. We look forward to continuing our collaboration with such an innovative company,"
leads Dennis Nikles, CEO of Deutsche Telekom IoT.
