A Munich-based startup, Konux, that uses artificial intelligence (AI) to operate railway networks and minimise train delays has raised $80M (approx €66.3M) in its Series C round of funding.
Investors in this round
This round was led by impact investor Sanno Capital. It also saw participation from Athos, the investment vehicle of billionaire brothers Andreas and Thomas Struengmann. Athos is the largest shareholder in Covid-19 vaccine maker BioNTech.