KINEXON develops a full Internet of Things (IoT) stack combining cloud software with sensors and connected devices to capture, analyze, and automate processes in manufacturing, logistics, and sports. The company is organized into KINEXON Industries and KINEXON Sports & Media, offering real-time locating and orchestration platforms used by customers such as BMW, Continental, Siemens, and Airbus. In sports, KINEXON provides live player and ball tracking for FIFA and 80% of NBA teams and serves more than 400 teams and leagues worldwide for performance tracking and broadcast enrichment. KINEXON says its technology improves productivity, sustainability, and cost reduction through real-time automation and automated content generation. The company has grown to more than 300 employees with offices in Munich and Chicago. KINEXON plans to use new funding to accelerate development of its automation operating system and to expand geographically across North America and Europe. KINEXON develops hardware and software combining sensor networks, edge computing, real-time process automation and ultra-wide band technology for industrial and sports use cases. Its technology is applied in production and logistics for automation and robotics, and in professional sports for performance analytics, injury prevention and next-generation fan engagement. The company serves more than 100 sports teams and leagues worldwide, including over 75% of NBA teams. After the first Covid-19 lockdown the team released SafeZone, a sensor-based contact tracing app that anonymously tracks distance and exposure time. KINEXON has reported annual triple-digit growth in recent years. The company plans to use financing to expand in Europe, the US and Asia and to accelerate product development in data analytics and artificial intelligence.

Total raised

$148M

Funding rounds

2

Latest round

Series A

Latest activity

Apr 2022