6 years ago

AppyParking Raises £7.6 Million in Series A Funding Led by West Hill Capital

  • AppyParking, a mobility technology firm focused on transforming parking, has secured £7.6 million in Series A funding

  • The round was led by West Hill Capital, with participation from existing investors Aviva Ventures and Breed Reply, as well as new strategic investors Hyundai Motor Corporation and Sumitomo Corporation

  • The investment will be used to accelerate product development, support domestic and international growth, and expand the company's team

  • AppyParking aims to make parking forgettable and prepare cities for the rise of autonomous vehicles.

      • ProblemTechnology

      "Cities need a way to manage kerbside space and parking more efficiently to reduce congestion and improve air quality."

      Solution

      "AppyParking provides a digital platform that helps local authorities and car park operators manage parking and kerbside access, optimising space utilisation and laying the groundwork for autonomous vehicle integration."

      Covered on