KONUX is the first AI scale-up offering predictive maintenance, network usage, monitoring and planning solutions for railway infrastructure.
KONUX is a German AI scale-up, transforming railway operations for a sustainable future. It combines Machine Learning and IoT to make railway the mobility choice of tomorrow by increasing capacity, reliability, and cost-efficiency. Since its foundation in 2014, KONUX has raised more than $130 million from world-leading investors, expanded to multiple countries in Europe and Asia, and was selected by the World Economic Forum (WEF) as one of the world’s 30 most innovative start-ups and scale-ups worldwide.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Feb 12, 2019 | Series B | €11.50M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Alibaba Group | — | Series B |