Bird & Bird advises Kinexon on USD 130m financing round
Bird & Bird has advised Kinexon, provider of the world's most advanced full-stack solution for real-time connectivity, intelligence and automation, on its USD 130 million Series A financing round.
In addition to lead investor Thomas H. Lee Partners, L.P. (THL), BMW i Ventures, Inc. and Telekom Innovation Pool (TIP), the strategic investment fund of Deutsche Telekom AG, participated.
The funding will enable KINEXON to accelerate international expansion and scaling of its operating system for networked and automated processes.
Kinexon was advised by the following Bird & Bird lawyers: Lead partner Stefan Münch, counsel Michael Gassner, counsel Andrea Schlote, associate Daniel Gloor, all Corporate/M&A, partner Dr. Henriette Picot, Commercial, all Munich, partner Dr. Michael Jünemann, Finance & Financial Regulation, Frankfurt, partner Dr. Stephan Waldheim, associate Tietze Tamy, both EU & Competition, Dusseldorf.
Bird & Bird has advised Kinexon on a variety of matters for several years, but primarily on corporate matters. In 2014, Kinexon won the Bird & Bird Disruptive Technology Challenge in the Internet of Things category.