Prova has continued to build its growing portfolio of early-stage businesses operating at the forefront of cleantech, sustainability and future mobility, by announcing an investment in automotive data expert One Auto API.
Designed to make creating websites, software and apps easier than ever before, One Auto API provides instant, consolidated access to services powered by leading data providers. With more than 80 years combined experience in the automotive sector, the company specialises in providing solutions for complex or high volume data requirements.
Richard Postins, founder of Prova, commented: “Over the past decade, we’ve built an impressive portfolio of early stage investments across cleantech, sustainability and future mobility. Thanks to our unmatched experience and sector knowledge, we’re able to support businesses from seed stage upwards – helping to take products to market, defining intricate marketing strategies and accelerating commercial growth.
“One Auto API is a great fit for our investment strategy and perfectly complements our innovative portfolio. We’re looking forward to supporting the company as it works towards ambitious growth, product development and internationalisation plans.”
Alongside leading the investment, Postins has been appointed to the One Auto API advisory board.
Mark Fretwell, CEO and founder of Auto API, added: “As we continue to scale, we wanted to bring in a sector specialist to help accelerate our progress. With extensive experience across the automotive and technology sectors, we’re excited about the added value Richard and the Prova team can bring to our business going forward.
“It’s an exciting time for One Auto API and we’re delighted that Prova has joined us for the journey!”
For more information about One Auto API, visit www.oneautoapi.com. To find out more about Prova, or its growing portfolio of early-stage businesses operating at the forefront of cleantech, sustainability and future mobility, visit www.provapr.co.uk/investments.
ENDS