New Zealand-based Partly, which develops an AI model for the auto parts industry, raised a $50M Series B led by DST at a $500M valuation, as it enters the US (Duncan Riley/SiliconANGLE)

Techmeme ·

Partly raised $50M to expand its AI-powered auto parts platform into the US at a $500M valuation.

Categories: Money & Moves

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<a href="https://siliconangle.com/2026/06/23/partly-raises-50m-500m-valuation-crack-us-auto-parts-market/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260625/i3.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260625/p3#a260625p3" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Duncan Riley / <a href="http://siliconangle.com/">SiliconANGLE</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://siliconangle.com/2026/06/23/partly-raises-50m-500m-valuation-crack-us-auto-parts-market/">New Zealand-based Partly, which develops an AI model for the auto parts industry, raised a $50M Series B led by DST at a $500M valuation, as it enters the US</a></b></span>&nbsp; &mdash;&nbsp; Partly Group Ltd., a New Zealand startup using artificial intelligence to change up the automotive parts business &hellip; </p>