ParkBee raises €30m financing for European expansion


Koolen Industries, a technology fund led by entrepreneur Kees Koolen, is investing €30 mln together with a number of other tech entrepreneurs and investors as well as existing shareholders in the technology platform for off-street parking ParkBee.


The financing will allow ParkBee to expand its business to new markets starting from France and Ireland. ParkBee is currently active in the Netherlands, the United Kingdom, Germany and Belgium.

Thanks to ParkBee's 'smart' online platform, unused parking facilities at offices, hotels, apartment complexes and other public garages are optimally used. The digital access to vacant parking spaces is beneficial for mobility, it contributes to better operation of the parking garages and the use of public parking space is reduced.

In the countries where ParkBee is active, millions of motorists use the platform, more than 450 parking locations are connected and partnerships have been entered into with countless parking and mobility apps and parking providers.

Kees Koolen, CEO of Koolen Industries: ‘ParkBee has an attractive and highly scalable business model. With its strong partners on both supply and demand, ParkBee is poised for rapid expansion across Europe. Our investment in ParkBee presents great opportunities to further ease the transition to electric driving (EV) in cities by providing smart charging solutions to EV drivers, in addition to helping people park their cars in a safe and convenient way in cities across the world. Europe. Our ambition 'clean energy for everyone' therefore also includes clean mobility and clean air for everyone.'

Werner Paul Boerma, CEO of ParkBee: ‘We are delighted that a renowned and experienced entrepreneur such as Kees Koolen is joining ParkBee as an investor. Someone with so much experience in the world of onboard tech platforms is a credit to the work and dedication of everyone at ParkBee. Thanks to the growth financing, we can move forward with full steam.’