BPI France et al. back Qucit
A consortium of investors has injected €1.7m into France-based Qucit, a specialist in predictive urban mobility applications.
French investors BPI France and Pi2 Invest, as well as US-based Urban US (an organisation that invests in startups seeking to improve the functioning of cities), took part in the round.
The round of funding will support Qucit's product development.
Company
Founded in 2014 and based in Bègles, Qucit develops several tools based on artificial intelligence to streamline and improve the design of public spaces and the management of urban services.
Some of the applications operated by Qucit include BikePredict, which displays the availability of self-service bicycles and optimises their reassortment; and ParkPredict, which improves the management of parking spaces for motorists.
People
Qucit – Raphaël Cherrier (founder).
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