The insurance provider helped parking space sharing platform Akippa take its overall funding from $22m in June last year to almost $33m.
Japan-based parking reservation application operator Akippa has raised an undisclosed sum from insurance group Sompo Japan Nipponkoa likely to be $10.8m, increasing its total funding to approximately ¥3.5bn ($32.8m).
Founded in 2009 as Galaxy Agency, Akippa runs a peer-to-peer parking space provision platform, allowing users to offer space on their properties, particularly those that are vacant, in order to alleviate space issues for nearby parking lot owners.
Akippa has formed a partnership with Sompo Japan Nipponkoa that will involve it…
