{"id":972402,"date":"2025-11-07T08:18:09","date_gmt":"2025-11-07T02:48:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=972402"},"modified":"2025-11-07T09:21:50","modified_gmt":"2025-11-07T03:51:50","slug":"softbank-backed-metropolis-raises-1-6-billion-to-expand-beyond-ai-powered-parking-lots","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/07\/softbank-backed-metropolis-raises-1-6-billion-to-expand-beyond-ai-powered-parking-lots\/","title":{"rendered":"SoftBank-backed Metropolis raises $1.6 billion to expand beyond AI-powered parking lots"},"content":{"rendered":"<p>Metropolis Technologies, a US operator of parking lots that uses artificial intelligence and computer vision to recognize vehicles, has raised $1.6 billion in fresh capital to extend its technology into sectors such as retail, restaurants and gas stations, the company said on Thursday. <\/p>\n<p>The funding includes a $500 million Series D equity round led by LionTree that valued the company at $5 billion. SoftBank Vision Fund, Vista Equity Partners, BDT &amp; MSD Partners and Eldridge Industries also participated in the round.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Metropolis Technologies, a US operator of parking lots that uses artificial intelligence and computer vision to recognize vehicles, has raised $1.6 billion in fresh capital to extend its technology into sectors such as retail, restaurants and gas stations, the company said on Thursday. The funding includes a $500 million Series D equity round led by LionTree that valued the company at $5 billion. SoftBank Vision Fund, Vista Equity Partners, BDT &amp; MSD Partners and Eldridge Industries also participated in the round.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-972402","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/972402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=972402"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/972402\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=972402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=972402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=972402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}