[ KONUX raises $9M in Series A ]

KONUX has raised $9 million in Series A funding.

Founded in 2014, Konux  is a Munich-based IIoT company that integrates smart sensor systems and AI-based analytics to deliver asset insights in real time and turn their data into quality increasing and cost-saving actions.KONUX is one of the very few German based startups that were able to attract leading Silicon Valley VCs.

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

Funding  Series A
Founded  2014
Country  Germany
City  München, Bayern
Founder / CEO  Andreas Kunze
Deal Size  $9M
Investors  Unternehmertum Venture Capital Partners
 New Enterprise Associates
 Andy Bechtolsheim
 Michael Baum
 MIG
 Warren Weiss
 Lothar Stein
 Upbeat Ventures
Previous Investors  Lothar Stein
 New Enterprise Associates
 FOUNDER.org
 TechFounders
 Warren Weiss
 Andreas Bechtolsheim
 Andreas Kunze
 Unternehmertum Venture Capital Partners
 MIG
 DB Accelerator
 Dennis Humhal
 Maximilian Hasler
 Oliver Buecken

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