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Metropolis Raises $1.6B to Expand Beyond AI Parking
SP+SP+(US:SP) Ventureburn·2025-11-08 15:57

Metropolis already has 4200 locations in 40 countries with an annual transaction volume of 5billionThecompanyisshiftingfromparking−automationtoabroader“recognitioneconomy”modelMetropolisTechnologies,theU.S.companyknownforusingAIandcomputervisiontoidentifyvehiclesinparkinglots,justannouncedit’sraised5 billionThe company is shifting from parking-automation to a broader “recognition economy” modelMetropolis Technologies, the U.S. company known for using AI and computer vision to identify vehicles in parking lots, just announced it’s raised 1.6 billion in new funding.They’re planning to take their tech beyond parking and into places like retail stores, restaurants, and gas stations.The funding comes in two rounds. ...