Aspirity Partners makes Nordic debut with €100 million+ investment in Onomondo | EU-Startups

Acquisitions

▤ Summary

Aspirity Partners has agreed to acquire a majority stake in Onomondo and lead a combined investment of more than €100 million. Onomondo provides IoT infrastructure and connectivity software that helps enterprises connect devices, collect data, and manage global operations. EIFO will also increase its investment in the company. The capital will support Onomondo’s international expansion and further infrastructure deployment.

◇ AskAI Classifications

Sectors
No sectors detected
Functions
Internet of Things (IoT) Platforms Developer and IT Infrastructure General IoT

▦ Linked Companies

Onomondo
$10M to $25M