Parkdepot GmbH’s €4.2 Million Seed Financing Round

GvW Graf von Westphalen advised Munich-based Parkdepot GmbH.

Parkdepot GmbH announced a € 4.2 million seed financing round with Amsterdam-based venture capital investor henQ.

Parkdepot is a fast-growing startup from Munich specializing in digital solutions for the European parking market. The company fully digitalizes parking lots, relying on camera-based systems instead of traditional technologies such as barriers, ground sensors, and onsite staff. Parkdepot’s customers include parking space owners, real estate companies, restaurants and retailers in more than 150 cities in Germany.

henQ is an Amsterdam based venture capital firm that invests in European B2B software startups  – from pre-seed to series A financing rounds.

The GvW team was led by Titus Walek (Picture) and further included Jan Hüniken and Karsten Kujath.

Involved fees earner: Jan Hüniken – GvW Graf von Westphalen; Karsten Kujath – GvW Graf von Westphalen; Titus Walek – GvW Graf von Westphalen;

Law Firms: GvW Graf von Westphalen;

Clients: Parkdepot GmbH;

Author: Federica Tiefenthaler