The Munich-headquartered startup offering the world’s first climate compensated parking. Parkamo, which is helping solve urban congestion through an app that allows drivers to search, compare, and pay for available parking lots, today announced a € 2.1 million funding round.
The funding round is led by Stockholm-based Aggregate Media (investor in Readly, Tibber and LeoVegas, among others), and with participation from venture builder, EPTI, and family office, Allanova. The new investment will be used by Parkamo to grow its tech team as well as its core markets of Sweden and Germany. Parkamo is furthermore planning to deepen its partnerships with municipalities, parking app providers, and parking garage owners.