Stanley Robotics Raises $4 Million

Stanley Robotics completed $4 million in new financing. Three investors participated in the round: Elaia Partners, Bpifrance, and IDinvest Partners.

Stanley Robotics aims to disrupt the parking marketplace. For this, the company has developed Stan, the world’s first outdoor robotic parking solution. Users park their cars in designated parking spots, and Stan collects the vehicles and parks them.

In its announcement, the company said the funding will allow the startup to accelerate global expansion.