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Unlocking the next era of movement
Mobility is about to undergo an unprecedented transformation. Autonomous vehicles, delivery droids and drones and electric vertical take-off and landing aircraft (eVTOLs) are moving from trials to scale up, supported by smart infrastructure that connects and coordinates them.
Metropolis Closes $1.8 Billion Financing and Completes Transformational Take-Private of SP Plus Corporation
Metropolis Technologies ("Metropolis") has closed $1.8 Billion financing and completes transformational take-private of SP Plus Corporation.
Metropolis Technologies, Inc. to Acquire SP Plus Corporation for $1.5 Billion
Metropolis Technologies ("Metropolis") and SP Plus Corporation (Nasdaq:SP) ("SP+") today announced that they have entered into a definitive agreement under which Metropolis will acquire SP+.
TechCrunch: AI-powered parking platform Metropolis raises $1.7B to acquire SP Plus
TechCrunch: AI-powered parking platform Metropolis raises $1.7B to acquire SP Plus.
Built in LA: Metropolis Secures $1.7B Series C, Announces $1.5B Acquisition of SP Plus
Built in LA: Metropolis Secures $1.7B Series C, Announces $1.5B Acquisition of SP Plus
Los Angeles Times: Metropolis Technologies, Inc. to Acquire SP Plus Corporation for $1.5 Billion
Los Angeles Times: Metropolis Technologies, Inc. to Acquire SP Plus Corporation for $1.5 Billion
Crunchbase: Checkout-free parking startup Metropolis will take logistics firm SP Plus private in the biggest M&A transaction of the year by a VC-backed company
Crunchbase: Checkout-free parking startup Metropolis will take logistics firm SP Plus private in the biggest M&A transaction of the year by a VC-backed company
E-Commerce Times: Post-Pandemic E-Commerce Signals Refocus on Omnichannel Operations
E-commerce is integrating into daily routines not directly associated with online shopping, leading to a significant burst of interest in e-commerce-like systems for the built environment.
Built in LA: Inside Metropolis’ Big Funding Announcement
Among LA’s rising tech stars? Metropolis Technologies.
The artificial intelligence and computer vision company recently affirmed its continued ascent by announcing a $167 million round of Series B funding, backed by 3L Capital and Assembly Ventures.