Parkpocket announced that it has received half a million Euros in an equity round of funding from new investor GFT Technologies AG on November 18, 2015. The company develops a mobile application which informs in real-time, car drivers about vacant car parks, prices, e-mobility charging stations, and other features, and are directly navigated there. The company was founded in April 2013 and is based in Munich, Germany.
This investment marks GFT’s first direct investment into a start-up. “We are investing in Parkpocket because the company is solving a problem encountered by millions of people every day.” Ulrich Dietz, GFT’s CEO, was quoted in a press release.
Official Press Release (German only)