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Partly raises $50M at a $500M valuation to crack the US auto parts market
Summary
Partly Group Ltd., a New Zealand startup using artificial intelligence to change up the automotive parts business, announced today that it has raised $50 million new funding at a $500 million valuation. It's also opening its first U.S. operation, betting that the country's collision repair sector is
Why It Matters
Signals increasing investor interest and capital allocation in AI startups.
Referenced Coverage & Sources
Partly raises $50M at a $500M valuation to crack the US auto parts market
SiliconANGLE•Jun 23, 2026
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