Copenhagen-based Onomondo, a global IoT infrastructure and connectivity company, has signed an agreement for a majority investment from Aspirity Partners, leading a combined investment north of €100 million. EIFO, Denmark’s sovereign investment fund and an Onomondo backer since 2021, will increase its investment alongside Aspirity.
Onomondo has built a proprietary, end-to-end technology stack designed for a world experiencing an acceleration of device connectivity. In the same way that platforms like AWS simplified cloud deployment for global enterprises, Onomondo abstracts away network friction to provide the invisible architecture driving the “connectivity of everything”. As physical AI moves decision-making onto devices themselves, Onomondo enables intelligence directly at the edge.
With native access to nearly 700 networks worldwide, the company gives enterprises control, flexibility, and orchestration over their assets. The ecosystem spans the device, the Radio Access Network, and the cloud, anchored by patented Cloud Connectors and technologies such as SoftSIM and hybrid public-private network deployment. The company’s hybrid network capability includes what is believed to be the world’s largest private LTE network at sea, spanning more than 450 Maersk vessels.
“For decades, technological progress was limited by our ability to process huge amounts of data. AI has changed that. The next challenge is creating the right data and getting it to the right place. That is an infrastructure problem, and it is the problem we have spent eight years solving,”
said Henrik Aagaard, CTO and Co-founder of Onomondo.
More than 500 customers use Onomondo’s technology, including danish giants Maersk and Carlsberg. The infrastructure allows companies to collect, process, and act on real-world data in places where conventional connectivity is often difficult, from ships and trucks to factories and remote industrial sites.
“Working with Onomondo has helped us move from monitoring containers at fixed points in the journey to receiving near real-time data while cargo is in transit, including during ocean crossings. Seeing issues earlier means customers can take action sooner,”
said Sonny Wilkens Dahl, Senior Vice President, Global Head of Ocean Operations at Maersk
The deal will drive Onomondo’s next phase of growth by expanding its international market presence and scaling its infrastructure deployment, while continuing to develop its proprietary technology.
“We chose Aspirity because they immediately recognised our structural differentiation and share our vision for the platform’s future. The traditional market approach has been to offer simple connectivity and leave the enterprise to manage the operational complexity around it. We took a fundamentally different path by building the foundational infrastructure layer that was missing,”
said Rasmus Jensen, CEO of Onomondo.
Aspirity Partners is a pan-European private equity firm focused on growth buyouts and strategic minority investments. The firm partners with businesses providing mission-critical, technology-enabled services in sub-sectors benefiting from long-term secular growth trends. Its model is supported by a network of founders and senior executives, known as Innovators and Leaders, who provide specialist insight and partner with businesses to help unlock step-function growth.
“As the physical AI revolution accelerates, managing billions of distributed devices requires intelligence at the network level, deep observability, and absolute control from the cloud to the edge. The team have built a genuinely exceptional and unique platform that solves these complex challenges by controlling its own global infrastructure and end-to-end technology stack,”
said Ralph Choufani, Co-Founder and Partner at Aspirity Partners.
The Onomondo investment marks Aspirity’s first in the Nordic region as it executes its pan-European strategy.
Onomondo serves customers in more than 100 countries and has attracted specialist engineering talent to Copenhagen from around the world. The transaction is subject to customary regulatory approvals and is expected to complete in Q1 2027.
