What is Hexagon?
Founded in 1992, Hexagon AB has evolved into a cornerstone of the global industrial landscape. The company operates at the intersection of physical and digital realities, specializing in three core business areas: Geospatial Measuring, Industrial Metrology, and Technologies. By providing sophisticated sensor, software, and autonomous solutions, Hexagon enables manufacturers and engineers to achieve unprecedented levels of accuracy and productivity. Its market position is defined by a commitment to digital transformation, helping clients across diverse sectors—from automotive and aerospace to infrastructure and construction—optimize their workflows through data-driven insights and precision-engineered hardware.
How much funding has Hexagon raised?
Hexagon has raised a total of $96M across 1 funding round:
Other Financing Round
$96M
Other Financing Round (2024): $96M with participation from Mitsui & Co.
Key Investors in Hexagon
Mitsui & Co.
Mitsui & Co. is a global trading and investment firm with a diverse portfolio spanning multiple industries, focusing on infrastructure, energy transition, and healthcare solutions to drive sustainable value.
What's next for Hexagon?
With this latest strategic financing, Hexagon is well-positioned to accelerate its innovation roadmap. The company is expected to leverage these resources to deepen its integration of artificial intelligence and machine learning into its existing metrology and geospatial platforms. As the global demand for autonomous systems and smart manufacturing continues to rise, Hexagon's focus will likely shift toward scaling its software-as-a-service offerings and expanding its footprint in emerging markets. By prioritizing the transition to low-carbon infrastructure and enhancing its digital ecosystem, the firm aims to maintain its competitive edge as a primary architect of the industrial internet of things.
See full Hexagon company page
