#Sweden #Drifter World #Niclas Ericsson #Billy Jörgensen #Hisingen Backa

Drifter World Secures 36 Million SEK Investment and Appoints New Chairman

Drifter World, a pioneering force in smart parking solutions, has made headlines by successfully securing a remarkable SEK 36 million in its latest funding round. This round was led by Imperia Fastigheter, which is owned by the seasoned entrepreneur Niclas Ericsson. Other notable stakeholders, including Knutsson Holdings and Per-Olof Andersson, also seized the opportunity to increase their stakes in the company. This substantial investment is a significant milestone for Drifter World, as it prepares to fuel its growth trajectory and further solidify its presence in the Nordic market.

In conjunction with this strategic investment, Drifter World announced a significant change in its leadership. Co-founder Michael Persson, who has been a key player in steering the company towards success and securing funding since its inception, will relinquish his role as Chairman. However, he will maintain his influence on the company as a major shareholder and strategic advisor. Transitioning into the role of Chairman is Billy Jörgensen, who brings a wealth of experience in commercial law, compliance with international regulations, intellectual property, and technology law. His established record in governance positions him exceptionally well to lead Drifter World into its new chapter.

The completion of this funding round and the accompanying leadership shift marks a pivotal moment for the company. Niclas Ericsson emphasized the significance of these developments, noting that they provide Drifter World the resources it needs to harness its strategic vision and elevate its innovative parking management solutions.

As the company embarks on this next phase, the transformed leadership structure and enhanced financial position will allow Drifter World to focus keenly on the Nordic market while also preparing for potential international expansion. The new Chairman, Billy Jörgensen, expressed his pride in assuming this role during such a critical juncture. He acknowledged Michael Persson's exceptional contributions, which have laid a solid foundation for the company's future initiatives.

Jörgensen stated, "I am honored to take on the role of Chairman at this pivotal moment for Drifter World. Michael's exceptional expertise and strategic guidance have laid a strong foundation, and his continued involvement as an advisor will be invaluable for future initiatives. Drifter World is at the forefront of transforming the parking industry, and I am excited to collaborate with Fredrik and the team to drive innovation and sustainable growth."

Meanwhile, CEO Fredrik Durling reiterated the importance of the new investment and leadership structure for the company’s growth trajectory. He pointed out that with a strengthened financial outlook, Drifter World is in a prime position to enhance its innovative solutions and improve its partnerships with significant players like Tele2, Axis, Monta, and Easypark.

Drifter World's commitment to revolutionizing parking management is evident through its utilization of AI, smart sensors, and cutting-edge technology. These solutions streamline payment processes, detect parking violations, optimize usage of parking spaces, and deliver real-time data to users. By prioritizing ease of use and accessibility, Drifter World is creating substantial value for both parking lot owners and drivers alike.

As the company gears up for its next growth phase, it remains steadfast in its mission to fundamentally reshape the parking experience, delivering unparalleled convenience and efficiency through state-of-the-art technology. This recent funding achievement serves not just as an investment in a company, but as a testament to the trust placed in Drifter World’s vision of future-focused, smart parking solutions.