LoneTree Capital Invests in Balena
January 23, 2026
Balena, an IoT fleet management and edge computing platform, has secured a strategic growth investment from LoneTree Capital to accelerate its product roadmap, expand Edge AI capabilities, and bolster security and compliance features. Financial terms were not disclosed; Lincoln International served as Balena's financial advisor.
- Buyers
- LoneTree Capital
- Targets
- Balena
- Industry
- Cloud & SaaS
- Location
- United States
- Transaction Type
- Growth capital
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