Thomas H. Lee Partners led a $130m Series A funding round in KINEXON.

Thomas H. Lee Partners, a private equity firm, led a $130m Series A funding round in KINEXON, a developer of concrete and specialized IoT technologies, with participation from BMW I Ventures, Telekom Innovation Pool and Deutsche Telekom. “Our vision is of a world in perfect flow. Wherever assets, people or operations are in motion, we can improve and automate the underlying processes. The investment round will provide us with growth capital to scale and further expand our leading operating system for process automation. We also plan to expand geographically to meet the growing needs of our customers across the world," Oliver Trinchera, KINEXON Co-Founder and Co-CEO.