Entrepreneurs with drive: The ParkHere team is delighted about winning the Business Plan Competition. (Photo: BayStartUP)
Campus news - ParkHere, a spin-off company of the Technical University of Munich (TUM), has won the 2016 Munich Business Plan Competition. The start-up has developed off-grid sensors which are able to recognize free parking spaces and report them to navigation service providers. The three managing directors, who had founded their company as students with the help of TUM, are still in their early twenties. A significant part of inner-city traffic results from the search for a parking space, causing high levels of pollution, noise and wasted time. Until recently, large-scale parking space management remained a pipe dream. It would have been too elaborate and therefore too costly to supply car parks with the electricity required in order to capture their occupancy. But Felix Harteneck, Jakob Sturm and Clemens Techmer found a solution during their studies at TUM: They developed a sensor technology that captures free parking spaces without being connected to the energy supply.
TO READ THIS ARTICLE, CREATE YOUR ACCOUNT
And extend your reading, free of charge and with no commitment.
