NC Company Overview
KONUX is a German technology company with a focus on innovations in the Internet of Things (IoT) sector. It provides IoT connected sensors which can be used to monitor assets, for instance, railway switches on a rail network, and allow engineers to plan maintenance, predict potential infrastructure issues before they happen, and get up to the minute status updates on individual parts of a network. KONUX has been working with Deutsche Bahn to provide this kind of technology in Germany since the summer of 2015, with a view to deploying its ‘Infrastructure 4.0’ project. There are plenty of potential applications for IoT sensors in infrastructure management, and KONUX aims to leverage the latest in AI and IoT technology to innovate in this field.
KONUX, based in Munich, Germany was founded by entrepreneurs Andreas Kunze, Vlad Lata and Dennis Humhal in the spring of 2014.
As of May 2019, KONUX has been listed by the World Economic Forum as one of the top 30 most promising technology pioneers and has received over $38 million USD in funding from investors through it's Series A and Series B investment rounds. It aims to further expand its position in the European market and keep advancing its AI technology.