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Metropolis Technologies secures $1.6 billion to accelerate AI-powered real-world infrastructure. Read More - https://lnkd.in/dySVBDzg The funding includes a $1.1 billion Term Loan B arranged by JPMorganChase Bank and a $500 million Series D round led by a fund managed by LionTree, valuing Metropolis at approximately $5 billion. The investment will support expansion into new markets and verticals as the company scales its AI-driven recognition platform. “With this new capital, we're continuing to scale our platform and forge the foundation of the Recognition Economy, building a new paradigm for how AI is deployed in the real world,” said Alex Israel, CEO and Co-founder of Metropolis. “As we deploy our technology into retail, hospitality and fueling, Metropolis will go beyond just processing transactions by embedding speed and simplicity into everyday experiences.” Following the acquisitions of SP+ and AI biometrics pioneer Oosto, Metropolis now processes more than $5 billion in annual transaction volume across 4,200+ locations and adds over one million new members each month. The company is expanding its AI platform beyond parking into retail, mobility, hospitality, and fueling to create frictionless, personalized customer experiences. “Metropolis is demonstrating that AI can be thoughtfully commercialized at real-world scale,” said Ramin Arani, Head of Investments at LionTree. “We're excited by the Metropolis team's success to date and look forward to supporting the next phase of their growth.” Image Credit - Alex Israel, CEO and Co-founder, Metropolis #Metropolis #ArtificialIntelligence #AppliedAI #RecognitionEconomy #TechNews #Funding #Innovation #SmartInfrastructure #RetailTech #Mobility