Onomondo Raises €100M Series C+ Led by Aspirity Partners to Scale IoT Connectivity

Onomondo Secures €100M in Series C+ Funding

Onomondo, a Copenhagen-based IoT infrastructure and connectivity company, has raised €100 million in a Series C+ round. The round was led by Aspirity Partners, with participation from EIFO.

What Onomondo Does

Onomondo owns and operates a software-defined core network with native access to nearly 700 mobile networks across more than 180 countries. Its end-to-end stack spans the device, radio access network, and cloud. The platform is anchored by patented Cloud Connectors, SoftSIM, and hybrid public-private networking.

A notable deployment includes what is believed to be the world's largest private LTE network at sea, spanning more than 450 Maersk vessels.

Customer Base

Over 500 enterprises in more than 100 countries use Onomondo's platform to connect and manage connected devices. Notable customers include:

• Maersk
• Carlsberg
• Husqvarna

Funding Details

• Company: Onomondo
• Round Type: Series C+
• Amount: €100,000,000 EUR
• Funding Date: September 30, 2026
• Lead Investor: Aspirity Partners
• Investors: EIFO, Aspirity Partners
• Stage: Series C+

Acquisition Perspective

Onomondo operates in the IoT infrastructure and connectivity space, a sector that has seen increasing strategic interest as enterprises seek to manage large fleets of connected devices across geographies. The company's software-defined core network and patented technologies, including Cloud Connectors and SoftSIM, provide a differentiated technical foundation.

With native access to nearly 700 mobile networks across 180+ countries, Onomondo offers global reach that would be difficult for an acquirer to replicate organically. Its customer roster, featuring large multinationals such as Maersk, Carlsberg, and Husqvarna, demonstrates enterprise-grade reliability and scale.

The Series C+ round, led by Aspirity Partners with support from EIFO, provides capital to further scale operations. For potential acquirers, Onomondo represents a combination of proprietary technology, global network access, and a blue-chip enterprise customer base.

Market Context

The IoT connectivity market continues to evolve as enterprises deploy connected devices across supply chains, manufacturing, and logistics. Onomondo's hybrid public-private networking approach, including private LTE deployments, positions it to serve organizations with specific coverage, security, or performance requirements.

The company's domain is onomondo.com. This funding round marks a significant capital infusion for the Copenhagen-based firm as it looks to expand its footprint in the global IoT infrastructure market.