Onomondo secured investment from Maersk Growth.

Denmark Investments 28 November 2019
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Onomondo, a Copenhagen, Denmark-based software company acting as global cellular operator for the Internet of Things, announced that it completed a capital investment round.

The money was provided by Maersk Growth, the shipping company’s corporate venture arm, and will be used to scale the company's operations.

Onomondo, led by CEO Michael Freundt Karlsen, is a global cellular operator for the Internet of Things, working to connect and simplify enterprise-grade connected services across the globe. The company has its own network infrastructure implemented globally and operations across 185 countries, and has about 60 customers mainly from the Nordic countries.

Prior to this deal, Onomondo raised investment from inQvation and Danish business angels.