Cleverciti pulls clutch on $15m round

May 9, 2018 • Callum Cyrus

Energy utility EnBW joined SDPG and Westly Group to invest in Cleverciti, the developer of a smart sensor-based car parking system.

Germany-based car parking technology developer Cleverciti Systems has closed a $15m funding round backed by EnBW New Ventures, the corporate venturing arm of energy utility EnBW.

The round also featured venture capital firm Westly Group and SDPG, the holding company that oversees vehicle importer D’Ieteren Group. SDPG and the European Union’s ERP Startup Fund each invested $1.4m in a $3m round for Cleverciti in 2015 that included an unnamed family office.

Cleverciti has created a smart parking platform that utilises…

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