AIPARK

AIPARK (爱泊车) is a Chinese smart-parking company founded in 2015 by chairman Jun Yan . It positions itself as the global originator of high-position video parking-management technology and uses AI to power what it calls "smart parking 5.0" . Its core product, AIPARK City, is a city-level intelligent parking-management platform that connects urban parking data through an "internet + AI" model, with deployments in Beijing, Shanghai, Guangzhou, Shenzhen and other major cities . The company holds more than 200 core patents and is the only AI enterprise in China's static-traffic sector certified by the Ministry of Industry and Information Technology, per a 2020 Gaorong Ventures article .

On the funding side, Gaorong Ventures first invested in 2017 and led a RMB 300 million Series C in June 2020, with Changshang Kunzhong and Zhongguancun Science City Fund participating . NIO Capital, CICC Capital and others also joined as strategic investors . By late 2020 the company had closed a Series D in the hundreds of millions of RMB led by Shenzhen Capital Group .