LION E-Mobility invests in the Munich start-up ParkHere
ParkHere is a successful Munich-based start-up company that has set itself the goal of facilitating the search for parking spaces with sensors embedded in the ground. The ultra-thin, energy-autonomous ground sensors are installed in the parking areas and register when a car enters or leaves the parking lot. Due to the increasing scarcity of parking spaces and often blocked electric charging stations, car park monitoring is becoming an increasingly important topic. The easy-to-integrate sensors do not require an external power supply and can therefore be quickly and easily installed.
The competitors, including well-known companies, already failed in the development of an efficient parking surveillance system in a pilot project. Due to its outstanding technical and scientific performance, ParkHere’s innovative project was awarded with the VDE-Award as the first energy self-sufficient car park sensor. Quote from Mrs. Prof. Dr. -Ing. Petra Friedrich, Chairwoman of the VDE Southern Bavaria: “This year, a young start-up in the category of business will receive the VDE Award. The start-up convinced the jury with a particularly clever idea of a self-sufficient parking sensor. ParkHere has the potential for economic success.”
From LION’s point of view ParkHere is the market leader with this product concept, which is why LION E-Mobility AG has decided to invest in the company by issuing convertible bonds worth EUR 200,000. The investment will also enable us to make greater use of joint synergies with the Munich-based start-up in the future.