# U-way

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/u-way

- Industry: Software
- Headquarters: Hangzhou, China
- Latest round: Series A (Jun 13, 2017)
- Investors on record: 1

## About

Established in 2015 and based in Hangzhou, China, U-way operates as a smart parking product developer dedicated to providing smart parking products. In June 2017, the company closed series A funding from new investor Cybernaut Investment Group.

The company mainly provides smart parking products, which is an integrated parking solution integrating technologies such as the Internet of Things, electronic payment, and licence plate recognition. It provides car park location query and navigation, parking space remaining query, car park fee query, online parking fee payment and other services.

The company generates revenue by providing smart parking products.

## Funding rounds

- Series A, Jun 13, 2017 — Cybernaut Investment Group

## Investors

- Cybernaut Investment Group (https://capitalatlas.ai/funds/cybernaut-investment-group) — Series A