Onomondo is getting a new majority owner and more than €100 million in fresh funding, with the investment slated to be finalized in early 2027.
Private equity firm Aspirity Partners is set to take a controlling stake, subject to approval. EIFO is increasing its stake and providing new capital, while Verdane will exit as part of the round.
What the company says it already runs
Onomondo says it was launched in 2018 and now has 500-odd customers, including Maersk, Carlsberg, and Husqvarna. Henrik Aagaard said the company has seen consistent and considerable growth since launch.
Aagaard also said Onomondo is building the infrastructure and core network itself rather than reselling access to a network. He said it is directly integrated with 700 MNOs.
Maersk remains the clearest operating example
Onomondo says it supplies Maersk with an ocean-going private LTE network for 450 cargo ships. It says the setup uses a full RAN configuration with its own towers, one per vessel, and an onboard core network that keeps the private LTE environment operational where traditional satellite connectivity is unavailable.
Onomondo’s eSIM and SoftSIM line
Onomondo says it has launched its own eSIM IoT Remote Manager. It also says it has partnered with Kigen on SGP.32 and is offering preloaded, eSA-certified eSIMs and SIMs.
Aagaard said SoftSIM requires no hardware and is not compatible with SGP.32 at present.
Read for IoT buyers comparing platform control
The disclosed terms give buyers a benchmark for a vendor that is selling infrastructure ownership, core-network control, and device management together rather than airtime alone. The Maersk deployment also shows how Onomondo is packaging private LTE, RAN, and onboard core functions for a maritime use case.