?? Smart Cities Meet Strategic Growth ?? At Scalex Growth Partners, we’re always looking to highlight companies at the forefront of innovation. This week, our Deal Briefing features Drifter World AB, a Swedish trailblazer in AI-driven parking and EV charging solutions. ?? What’s Inside: - How Drifter raised 36M SEK to expand their Nordic operations. - Key insights into the global smart parking market, projected to grow to USD 33.5 billion by 2032. - Why investors are betting big on AI-powered urban mobility. Drifter’s story demonstrates the power of strategic focus, innovation, and partnership. As they scale, they embody what we at Scalex aim to support: helping tech companies achieve their full potential through sound strategy and smart capital. ?? Read the full briefing by clicking below. ?? Are you scaling your SaaS or tech company? At Scalex, we provide tailored valuation, strategic planning, and M&A advisory services to help Nordic tech companies navigate growth and investment. Let’s shape the future of innovation, one partnership at a time. #SaaS #SmartParking #AI #ScalexGrowthPartners #UrbanMobility
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Our portfolio company ProptechOS’ new Smart City Index, which provides a comprehensive view of how smart cities progress worldwide, is making waves in the news. ?? RCR Wireless has highlighted ProptechOS’ initiative in their article ‘The 10 Smartest Cities in the US’ and quoted Erik Oskar Wallin, founder and chief ecosystem officer at ProptechOS: “Cities adapting to greener ways of living are set to thrive… Embracing sustainable practices endorsed by global leaders is essential.” ?? Read the full article: https://lnkd.in/dKeDHzTY ??? Commercial Observer has also featured an interesting article on “Whatever happened to ‘smart cities’?”: ?? https://lnkd.in/dMVie-_z We look forward to following this important project moving forward. What are your thoughts on the future of smart cities? Share your thoughts in the comments! #Partinc #investment #financing #funding #scaleup #SaaS #ProptechOS ##SmartCities
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Regional Traffic 2024 - Optimized capacity forecasts in public transport??? Today we want to tell you about the 4th startup of our DB Regio program which finished it’s 100-day proof of concept with us. At the final presentations in Frankfurt, Gerrit Boehm from OpenCapacity presented the results which we have summarized here. ?? What are the current challenges, and how can we solve them?? Public transport passengers often lack insight into the occupancy levels of vehicles along their entire journey. This leads to overcrowded sections, while other vehicles remain much emptier. To tackle this issue, we've worked with OpenCapacity as part of the 100-day program to provide accurate short-term forecasts of train and bus occupancy-projections based on the current trip all the way to the final destination. ?? Why is this important?? It's essential for passengers to plan their journey efficiently. With the improved capacity forecasts, travelers can consider alternative routes early on, making the travel experience much smoother and less stressful. This also helps us optimize our infrastructure and avoid bottlenecks, leading to a more seamless operation. ?? 100 days of Proof of Concept (PoC)? During the 100-day program, OpenCapacity’s forecasting model was supplied with data from three sub-networks. Several iterations and adjustments ensured that the modeling was tailored to our specific needs.? ? Throughout the analysis, we identified anomalies and outliers in the data that didn’t always reflect the real occupancy levels. Ongoing investigation allowed us to gradually refine our understanding of the data.? ? The model was trained with historical datasets, leaving a part of the data out for validation. This separate data was used to compare the model's forecasts with actual figures, helping us assess accuracy and make necessary improvements.? ? In addition to the data results, we also evaluated other factors such as pricing models, integration into our existing infrastructure, and technical architecture. This comprehensive approach gave us a clear view of the model’s potential and how it can benefit our future capacity planning. #DBmindbox #StartupHub #DeutscheBahn #Startups #Digitization #Innovation #Results #Poc #CapacityForcecast #PublicTransport #OpenCapacity
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It's a wrap! Just returned from the REAL ESTATE ARENA PropTech Event in Hannover. Here some learnings from this great exchange: ?? The building & construction sector accounts for over 37% of global energy-related CO2 emissions, emphasizing the need for implementing more sustainable practices. ?? Market Growth: The global PropTech market is set to grow from $34.59 billion in 2023 to over $75 billion by 2029. However, this growth is not evenly spread. Most of the future growth will be achieved in emerging markets and the US, driven by advancements through tech, AI, and IoT, which are transforming the industry. ?? Key Challenges & Trends: (1) Regulatory Hurdles: Harmonizing diverse regulations requires collaboration between policymakers and industry stakeholders at high(er) speed. (2) Decarbonization: Reducing the carbon footprint through energy efficiency investments and sustainable building materials is essential and colossal challenge. (3) AI & Machine Learning: I have exchanged with a great number of impactful startups lining up to answer this new way of working in the industry. Now we have to bring them in and finance the change we want to see and have agreed on. (4) VR & AR: Revolutionizing property visualization and remote viewing will impact the industry best practice further. (5) IoT and Smart Homes: Optimizing building operations and reducing energy consumption. ???? Leadership and Change: We need to jointly drive innovation and sustainability from the top down, fostering a culture of inclusivity and environmental responsibility. Check out our ventures in dealflow and connect with the Co-founder Maximilian Gick from Connected Crafts - Maximilian Gassner from EuerZuhause & Bradley Doering from homerenu or DM me to find out more about this opportunities. The event provided a platform for meaningful discussions, highlighting the importance of enabling private capital and tax benefits to finance the required innovative solutions and to address the industry's massive transformational challenges we are facing together. The insights underscored the necessity for collaboration, continuous learning, embracing new technologies to reimagining sustainable building practices. Thank you to the Event Team and organizers for a refreshing and insightful event, fostering exchanges and highlighting the path forward for the industry. #RealEstateArena #PropTech #RealEstateInnovation #FutureOfRealEstate
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???Streetwise Technology has been selected for Innovate UK’s Global Business Innovation Programme in Singapore!??? This program focuses on?Artificial Intelligence, Smart Mobility, and Land Mobility—perfectly aligned with our mission to revolutionise traffic management and pedestrian safety. Being selected is a testament to the global potential of our technology and its relevance to multimodal environments. This program offers an incredible opportunity to: Showcase how?Streetwise Technology?can enhance pedestrian safety and optimise traffic flows. Collaborate with leading innovators in Singapore, one of the world’s most forward-thinking hubs for smart mobility. Build key relationships to expand into global markets, starting with Southeast Asia. At Streetwise, we've always believed that?pedestrian-first traffic management?is the key to unlocking safer, more efficient environments. Our technology combines cutting-edge sensors, AI, and V2X capabilities to make roads and private environments smarter, safer, and more accessible. With trials already underway across the UK and interest from international stakeholders, our solutions are paving the way for a truly?connected future. Singapore is just the beginning. With this opportunity, we're taking strides toward becoming a?world-leading provider?of smart mobility solutions that work not just in the UK, but in cities and environments worldwide. A big thank you to Innovate UK?for this opportunity and to our team, partners, and early adopters for believing in our vision. We’re excited to take this next step toward a safer, smarter world. Let’s make it happen! ???? #StreetwiseTechnology #SmartMobility #Innovation #GlobalBusiness #AI #TrafficManagement #Singapore #PedestrianSafety
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"Oosto does not collect data, nor does it create unnecessary complexity. Instead, its AI-driven solutions provide instant insights that meet each customer’s unique needs. By delivering #actionable information based on pre-defined rules, Oosto’s solutions help decision-makers across various environments, from hospitals and casinos to transit hubs and corporate campuses, respond #proactively to changing conditions. Now, with Metropolis’s reach, these capabilities can be expanded into everyday spaces, creating a more connected and responsive infrastructure" MarketScale shares their perspective on our acquisition—read it here:?https://lnkd.in/gAAkKYAq
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This is an important distinction when discussing AI video surveillance. Oosto gives organizations the ability to identify a needle in a haystack. A known threat in a packed stadium for example. A father taking his son to their first ball game aren’t being recognized or collected in a database. But the guy who is already in the database as a known child-trafficker, is being detected with accuracy and precision.
"Oosto does not collect data, nor does it create unnecessary complexity. Instead, its AI-driven solutions provide instant insights that meet each customer’s unique needs. By delivering #actionable information based on pre-defined rules, Oosto’s solutions help decision-makers across various environments, from hospitals and casinos to transit hubs and corporate campuses, respond #proactively to changing conditions. Now, with Metropolis’s reach, these capabilities can be expanded into everyday spaces, creating a more connected and responsive infrastructure" MarketScale shares their perspective on our acquisition—read it here:?https://lnkd.in/gAAkKYAq
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Breaking down the walls between Security & Operations and delivering solutions that meet changing conditions & new efficiency standards in real world conditions. Ask me how I can make your job better.
"Oosto does not collect data, nor does it create unnecessary complexity. Instead, its AI-driven solutions provide instant insights that meet each customer’s unique needs. By delivering #actionable information based on pre-defined rules, Oosto’s solutions help decision-makers across various environments, from hospitals and casinos to transit hubs and corporate campuses, respond #proactively to changing conditions. Now, with Metropolis’s reach, these capabilities can be expanded into everyday spaces, creating a more connected and responsive infrastructure" MarketScale shares their perspective on our acquisition—read it here:?https://lnkd.in/gAAkKYAq
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Urban Technology Alliance is pleased to announce that the French advisory and consultancy company,?caspera.lab, has recently joined its global network of smart city experts and innovators. With offices in Paris and New York, Caspera-Lab is dedicated to helping cities embark on or accelerate their digital transformation journey. Founded by five international experts with extensive professional networks and skills in strategy, R&D, operations, and business management, Caspera-Lab is committed to driving sustainability and digital innovation in the corporate and municipal sectors. Caspera-Lab has a comprehensive methodology, cutting-edge tools, and efficient working models to help clients successfully navigate their digital transformation journeys and launch impactful projects. Blending benchmarking with its vast expertise, Caspera-Lab helps organizations gauge their transformation maturity level. From comprehensive studies to high-level conferences, Caspera helps educate and ignite passion in teams, management, and leadership. Once the vision is crystal clear and the groundwork is set, Caspera helps ignite transformation projects. Caspera-Lab is committed to contributing to building a future where organizations flourish with more data, harnessing the potential of technology to elevate their operations, sustainability, and overall performance. We look forward to collaborating with Caspera-Lab on our future projects with the aim of fostering the widespread adoption of innovative smart city solutions. #smartcities #digitaltransformation #dataanalytics #sustainableurbandevelopement
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?? The parking industry is undergoing a tech revolution, and it's drawing serious investor attention! Here are a few key takeaways: ?? Tech-Driven Parking Industry: Parking is evolving beyond its old-school roots as AI and tech improve efficiency, attract investors, and increase profit potential. ??? Private Equity Influx: Investors are pouring into parking because they see an untapped opportunity, leading to significant consolidation in the industry. ?? Pandemic Recovery: The parking industry has bounced back from the pandemic downturn, with revenues expected to hit $144B in 2023, drawing more investors. ?? Efficiency and Innovation: Parking companies are upgrading to virtual systems, reducing operational costs, and making the industry more attractive to large-scale investors. What’s next for parking? More AI, more efficiency, and more opportunities! ?? #ParkingIndustry #AI #TechInnovation #PrivateEquity #RealEstate https://lnkd.in/gkC6QkJN
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It is common for Vertical SaaS companies to provide solutions to established industry players and eventually be acquired by a larger IT company seeking their client base or one of their major clients to gain a competitive edge. However, it's less common for a Vertical SaaS startup to acquire its largest client to disrupt the existing business model and enhance efficiency. Today, we'd like to share an article by Eli Dukes from Verticalized about Metropolis Technologies, a startup offering a computer vision solution for checkout-free payments in parking. They recently acquired SP Plus Corporation, the largest parking network with 4,000 locations and 20,000 employees. It will be interesting to see how this case develops over time. You can read the full article here: https://lnkd.in/dBJq5XRE
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