Auto parts startup by ex-Rocket Lab engineer snaps £18M, launches in the UK — TFN

Partly, a New Zealand-based auto parts startup, has secured £18 million in Series A funding led by Octopus Ventures, with participation from Square Peg, Blackbird, Shasta Ventures, Ten13, Square Co-Founder Randy Redigg, Hillfarrance, Icehouse, and I2BF. This investment will fuel global expansion, including doubling headcount and bolstering the sales and marketing team in the UK and Europe. Partly's CEO, Levi Fawcett, emphasizes their unique approach to addressing the complexities of the auto parts industry, leveraging cutting-edge technology to manage vast amounts of data and prioritize customer needs.

Partly Secures £18M for Global Expansion in the Auto Parts Market

Partly is a New Zealand-based startup that connects auto parts buyers with appropriate parts, addressing the limitations of the current supply chain. They utilize advanced technology like Rust, Kafka, and ScyllaDB to manage large data volumes and are experiencing rapid growth.

A New Zealand-based startup connecting auto parts buyers with the right parts, utilizing advanced technology.

3 years ago

Partly Secures £18M for Global Expansion in the Auto Parts Market

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