ParkBee Secures EUR 30M in Equity Funding with Koolen Industries as Lead Investor

Koolen Industries, the clean energy investor headed by Kees Koolen, has invested in ParkBee, the leading tech platform for off-street parking in Europe. Other investors are a number of leading (tech) entrepreneurs and investors, as well existing shareholders. Total funding to ParkBee amounts to EUR 30m.

Existing shareholders are Statkraft Ventures, Innovation Quarter, management and personnel. Proceeds will be put to work in ParkBee’s continued expansion, both in existing markets and across Europe. Currently, ParkBee is well established in the Netherlands and the UK and is rolling out in Germany, France, Belgium and Ireland. We anticipate adding further countries in the near future.

Kees Koolen, CEO and founder of Koolen Industries:“ParkBee has an attractive and highly scalable business model. With its strong partners on both demand and supply, ParkBee is primed for rapid expansion throughout Europe. ParkBee’s dense network of garages offers great opportunities to further facilitate the transition to EV’s in European cities. This transition is of key importance to the transition to clean energy in general, and also to the quality of people’s lives in our cities by both reducing noise and air pollution.”

WP Boerma, CEO of ParkBee: “We are thrilled to secure such a reputable, experienced investor and tech entrepreneur as Kees Koolen. Coming from someone with such a record of picking winning tech platforms, we consider it a great thumbs up. I’d like to see this as recognition for the hard work and dedication of each and every one within ParkBee to get us where we are now. With the ‘rocket fuel’ now secured we all are looking forward to ParkBee at full thrust.”

About ParkBee

City populations grow at an ever-increasing pace leading to accessibility and mobility challenges. At the same time we see parking facilities at offices, hotels and public parking garages being underutilised.

ParkBee is the leading European tech platform for parking, making underutilised off-street parking locations digital accessible to consumers. Our solution provides consumers with a wide and dense network of off-street parking spaces, whilst helping cities to make better use of under-utilised space and offering property owners with an extra income using our smart and innovative platform.

ParkBee reaches millions of users with over 400 connected parking locations in four countries and numerous partnerships with parking and mobility apps and parking providers. This enables us to design the public space in a smarter and more sustainable way. Taking cars off the streets and giving space back to the city.