Kiunsys, a near Pisa, Italy-based company that designs and develops solutions for the management of sustainable mobility, raised approx. €505k in equity crowdfunding.
19 backers participated in the campaign via StarsUp. Investors include Yann Inghilesi’s Red Lions.
The company intends to use the funds to expand its marketing and sales efforts, consolidate the market position in Italy and grow abroad.
Led by CEO Paolo Lanari, Kiunsys provides municipalities and public companies with software solutions to improve their mobility infrastructure. By applying cloud, sensing and RFID technologies with an Internet of Things/Internet of Everything viewpoint, the company allows users to manage urban mobility, parking and city logistics.
Kiunsys is already one of the leading players in Smart City scene at national and European level with solutions used by more than 25 Italian cities (including Naples, Pisa, Florence, Verona, Mantua, etc.) which and serve a population of over 4 million citizens.