Tech Company Financing Transactions
1NCE Funding Round
1NCE, based in Cologne, secured $60 million from I Squared Capital, private investors and Kensington Capital Partners.
Transaction Overview
Company Name
Announced On
4/29/2025
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors
private investors (Alexander Sator)
private investors (Deutsche Telekom)
Proceeds Purpose
The company intends to use the funds to continue its global expansion, which started in 2022 with a focus on the United States, APAC and LATAM, and further grow its presence in the United States.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Sternengasse 14-16
Cologne, Undisclosed
DE
Cologne, Undisclosed
DE
Phone
Undisclosed
Website
Email Address
Overview
1NCE is the only provider of connectivity and software for IoT at a global Lifetime Flat -- offering fast, secure, and reliable cellular connectivity and software services in 173 countries worldwide.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alexander Sator
Chief Financial Officer
Sven Adler
Chief Technical Officer
Younes Allaki
Co-Founder
Ivo Rook
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We do our best to document tech company VC transactions. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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