About KONUX
KONUX is a company based in Munchen (Germany) founded in 2014 by Maximilian Hasler.. KONUX has raised $131.5 million across 13 funding rounds from investors including Alibaba Group, Wellfound and UnternehmerTUM. The company has 70 employees as of December 31, 2020. KONUX offers products and services including KONUX Switch, KONUX Traffic, and Delta Sharing. KONUX operates in a competitive market with competitors including MERMEC Group, L2M Rail, Frauscher, MEMSYS and Shengsheng Technology, among others.
- Headquarter Munchen, Germany
- Employees 70 as on 31 Dec, 2020
- Founders Maximilian Hasler
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Konux Gmbh
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Annual Revenue
$1.28 M (USD)30as on Dec 31, 2022
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Net Profit
$-22.18 M (USD)-42as on Dec 31, 2022
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EBITDA
$-22.18 M (USD)-42as on Dec 31, 2022
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Total Equity Funding
$131.5 M (USD)
in 13 rounds
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Latest Funding Round
$1.65 M (USD), Grant
Jun 01, 2023
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Investors
Alibaba Group
& 22 more
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Employee Count
70
as on Dec 31, 2020
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Products & Services of KONUX
KONUX offers a comprehensive portfolio of products and services, including KONUX Switch, KONUX Traffic, and Delta Sharing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Uses AI and IIoT for rail switch monitoring and maintenance.
Optimizes railway timetables and mitigates delays.
Facilitates real-time data collaboration for railway innovation.
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Funding Insights of KONUX
KONUX has successfully raised a total of $131.5M across 13 strategic funding rounds. The most recent funding activity was a Grant round of $1.65 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 13
- Last Round Grant — $1.7M
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First Round
First Round
(18 Jun 2014)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Grant - KONUX | Valuation |
investors |
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| Jan, 2021 | Amount | Series C - KONUX | Valuation | Sanno Capital | |
| Apr, 2019 | Amount | Series B - KONUX | Valuation | Boundary Holding |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in KONUX
KONUX has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Alibaba Group, Wellfound and UnternehmerTUM. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Tech startups are funded by Sanno Capital venture firm.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by KONUX
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - KONUX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Konux Comparisons
Competitors of KONUX
KONUX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MERMEC Group, L2M Rail, Frauscher, MEMSYS and Shengsheng Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tech-enabled maintenance and management solutions for rail operators are provided.
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| domain | founded_year | HQ Location |
AI and cloud-enabled platform offering comprehensive rail operations maintenence and management solutions
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| domain | founded_year | HQ Location |
Manufacturer of the sensors for railways
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| domain | founded_year | HQ Location |
Sensor-based inspection solutions for rail infrastructure are developed.
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| domain | founded_year | HQ Location |
Online acoustic and asset vibration monitoring solution for multi-industry applications
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Konux
Frequently Asked Questions about KONUX
When was KONUX founded?
KONUX was founded in 2014.
Where is KONUX located?
KONUX is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is KONUX a funded company?
KONUX is a funded company, having raised a total of $131.5M across 13 funding rounds to date.
How many employees does KONUX have?
As of Dec 31, 2020, the latest employee count at KONUX is 70.
What is the annual revenue of KONUX?
Annual revenue of KONUX is $1.28M as on Dec 31, 2022.
What does KONUX do?
KONUX was founded in 2014 in Munich, Germany, as a provider of smart sensors and AI-based data analytics for the railway sector. IIoT devices are utilized to monitor key switch components, including tracks, beds, and frogs, delivering real-time insights into machine and infrastructure conditions. Visibility into rail network states is offered to railway companies for failure identification and correction.
Who are the top competitors of KONUX?
KONUX's top competitors include Shengsheng Technology, L2M Rail and MERMEC Group.
What products or services does KONUX offer?
KONUX offers KONUX Switch, KONUX Traffic, and Delta Sharing.
Who are KONUX's investors?
KONUX has 23 investors. Key investors include Alibaba Group, Wellfound, UnternehmerTUM, European Union, and EIC Fund.