Tech Company Financing Transactions

KONUX Funding Round

On 4/10/2017, KONUX landed $16 million in Series A financing from New Enterprise Associates, private investors and Unternehmertum Venture Capital.

Transaction Overview

Company Name
Announced On
4/10/2017
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors

New Enterprise Associates (Lead Investor) (Greg Papadopoulos)

private investors (Andy Bechtolsheim)

private investors (Lothar Stein)

private investors (Michael Baum)

private investors (Warren Weiss)

Unternehmertum Venture Capital

Proceeds Purpose
The additional funding will be used primarily for the development of new product features and the market entry in further European countries.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Floessergasse 2
Munich, 81369
Germany
Email Address
Overview
KONUX offers a holistic IIoT solution combining smart sensors, AI-based analytics and the visualization of key insights to reduce operational costs and increase machine uptime.
Profile
KONUX LinkedIn Company Profile
Social Media
KONUX Company Twitter Account
Company News
KONUX News
Facebook
KONUX on Facebook
YouTube
KONUX on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andreas Kunze
  Andreas Kunze LinkedIn Profile  Andreas Kunze Twitter Account  Andreas Kunze News  Andreas Kunze on Facebook


 

 

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