ParkBee B.V., a Dutch parking technology company, raised €5m in Series A funding.
The round was led by Statkraft Ventures with participation from existing investor InnovationQuarter.
The company intends to use the funds to scale its business (in London) and introduce electric vehicle charging to customers.
Led by Tom Buchmann, Co-Founder and Managing Director, ParkBee utilizes smart technology to open up private car parks to the public. The solution allows the real-estate owner to keep control by managing the amount of spots available and optimize the occupancy of the location.
The company, which leverages technology fully compatible to any parking system and provides seamless entry for the consumer, is available in 60+ locations in the Netherlands and 20+ in the UK.