Onomondo Raises Over €100Mn Investment Led by Aspirity Partners

EIFO, Denmark’s sovereign investment fund and an existing Onomondo investor since 2021, will also increase its investment as part of the deal. The funding will support Onomondo as it continues to grow its IoT connectivity business.

“AI has changed that. The next challenge is creating the right data and getting it to the right place. That is an infrastructure problem, and it is the problem we have spent eight years solving,” said Henrik Aagaard, CTO and Co-Founder of Onomondo. “Our network gives customers a consistent way to connect devices, create data and build intelligence into the physical world.”

“Reliable connectivity at sea gives customers the visibility they need to manage risk across global supply chains,” said Sonny Wilkens Dahl, Maersk’s Senior Vice-President and Global Head of Ocean Operations. “Seeing issues earlier means customers can take action sooner, which is increasingly important when moving high-value and time-sensitive goods.”

Based in Copenhagen, Onomondo is an IoT infrastructure company that helps businesses connect and manage devices around the world.

Its technology provides an end-to-end connectivity platform that makes IoT networks easier to set up, manage, and operate.

Like AWS simplified cloud services for businesses, Onomondo reduces the complexity of traditional networks and helps companies connect their devices more easily.

As more AI-powered devices make decisions on their own, they need reliable connectivity wherever they operate. Onomondo provides this infrastructure by keeping devices connected and supporting intelligence directly at the edge.

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