Indonesian smart parking startup secures series A extension

Indonesia-based Soul Parking has completed a Series A Extension funding round, co-led by AppWorks and AC Ventures.

Participation also included Taiwan Mobile, USPACE, and Wavemaker Ventures.

The company specializes in parking technology, providing solutions like cashless payment systems and real-time data analytics.

The company has over 100 partners and 20 million parking transactions annually.

The latest funding will support operational expansion across Indonesia, new product development, and increased hiring.

Recent Soul Parking developments

Timeline
27-Sep-2021 🚀 Indonesia gov’t accelerator picks 15 startups for latest cohort 15 startups selected for Indonesia’s accelerator. Focus on scaling and product-market fit support.
12-Oct-2020 💼 AC Ventures announces first close of new fund at $56m AC Ventures closes first fund at US$56 million Aims to invest in 30 ventures across Indonesia
10-Jun-2020 🏍️ Indonesian smart parking startup gets seed money from AC Ventures, others Indonesian startup Soul Parking secures seed funding Plans to build 10 motorcycle storage modules this year

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