AppyWay, the leading kerbside management and smart parking technology firm, has announced the launch of its £20 million Series B funding round. This will be used to support organic growth of the platform, strategic acquisitions, further technological investment and international scalability.

AppyWay is helping to digitise and integrate what is a highly fragmented, but high potential, market for mobility. In the UK, the government has invested well over £200 million into connected and autonomous vehicles (CAV) research and development since 2014, as well as several billion pounds into infrastructure investment for electric vehicles.