Maersk Growth, the corporate venture arm of Danish shipping giant Maersk, has invested in startup Onomondo.
Founded in 2012, Onomondo is a global cellular operator for the Internet of Things (IoT), working to connect and simplify enterprise-grade connected services across the globe.
“Onomondo is in the market with a proven technology that enables A.P. Moller – Maersk to more efficiently reap the benefits of digitising its global asset base,” Sune Stilling, Head of Maersk Growth, commented.
As explained, Maersk aims to integrate Onomondo’s connectivity solution into its global business, making it easier, cheaper and safer to connect IoT devices such as cranes, trucks, vessels and containers around the world.