Aspirity acquires a majority stake in Onomondo
London, 30 September 2026
Aspirity Partners (“Aspirity”) has signed a definitive agreement to acquire a majority stake in Onomondo (“the Company”), the global IoT infrastructure & connectivity company, leading a combined investment of over €100 million. The opportunity was executed following close to a year of bilateral engagement, a product of Aspirity’s targeted proactive thematic efforts.
Headquartered in Copenhagen, Onomondo is a pioneer in the global IoT infrastructure space, powered by a proprietary, end-to-end technology stack purpose-built to navigate a world experiencing an acceleration of device connectivity, enabling intelligence directly at the ‘Edge’.
With native access to nearly 700 networks worldwide, the Company grants enterprises total control, flexibility, and orchestration over their assets. This seamless ecosystem is driven by Onomondo’s deployed infrastructure, spanning strategically across the device, the Radio Access Network (RAN), and the cloud, anchored by patented Cloud Connectors and a proprietary technology stack.
Through breakthrough innovations like its SoftSIM technology, alongside a unique capability to deploy hybrid public/private networks, Onomondo delivers an unmatched, infrastructure-driven architecture that is the foundation edge intelligence depends on. The hybrid network capability is anchored by its deployment of what is believed to be the world’s largest private LTE network at sea across more than 450 Maersk vessels, allowing these assets to transition seamlessly between private shipboard networks and global public networks.
The transaction reflects the strong relationships Aspirity built with management and shareholders and its deep sector credentials, supported by the contribution of a number of Aspirity’s Innovators and Leaders.
Ralph Choufani, Co-Founder & Partner at Aspirity Partners, said: “Co-Founders Henrik and Michael, and the team have built a genuinely exceptional and unique platform that solves these complex challenges in global connectivity by controlling its own global infrastructure and end-to-end technology stack. We are pleased to partner with the founders and EIFO to accelerate Onomondo’s international growth and support its trajectory as a defining global platform.”
The combined investment will drive Onomondo's next phase of growth by expanding its international market presence and scaling its infrastructure deployment. This funding allows the Company to continuously develop its proprietary technology, ensuring it outpaces competition in established connectivity markets while uniquely positioning the platform to capture entirely new, untapped opportunities across the expanding global IoT landscape.
Joseph O’Mara, Founder & Managing Partner at Aspirity Partners, said: “We are proud to partner with Onomondo as our first investment in the Nordic region as we execute our pan-European strategy. We are also grateful for the contribution of our Innovators and Leaders in amplifying our deep domain knowledge.”
Rasmus Jensen, CEO of Onomondo, commented: “We chose Aspirity because they immediately recognised our structural differentiation and share our vision for the platform’s future. Their deep sector expertise makes them the ideal partner as we accelerate our international expansion and unlock new commercial opportunities. 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, a single, unified platform connecting the device, the network, and the cloud across global operations.”
EIFO, Denmark’s sovereign investment fund and an Onomondo backer since 2021, will increase its investment alongside Aspirity. Arma Partners acted as exclusive financial advisor to Aspirity. Willkie and Accura provided UK and Danish legal counsel, respectively.