VePa Vertical Parking GmbH
VePa Vertical Parking is a PropTech start-up from Munich that has developed vertical parking towers as a sustainable and innovative solution to the parking space problem of real estate projects.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
N/A | Early VC | ||
| Total Funding | 000k | ||
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VePa Vertical Parking GmbH, founded in Munich in 2021 by Simon Schubnell and David Schön, provides space-saving, automated vertical parking towers. The founders were motivated by the lack of parking in Munich to develop a solution that adapts vertical parking technology to German and European quality and safety standards.
The company's core product is a modular, rotary parking system based on paternoster technology that can store and charge up to 12 cars on a footprint of just 45-49 square meters. These towers are designed to be a more sustainable and cost-effective alternative to underground parking, claiming to be 30% cheaper and producing 98% less CO2 per space. The systems feature an electric motor, which can be powered by an integrated rooftop photovoltaic system, and have low noise emissions. The modular construction allows for quick assembly and disassembly, typically within a few days, and enables flexible facade designs, including options for vertical greening.
VePa serves clients primarily in the real estate industry, such as housing associations and project developers, as well as municipalities. The business model includes selling the towers to clients who need to meet mandatory parking space requirements for construction projects. Additionally, the company offers an operator model where it partners with location providers, such as cities, to build and operate the towers, generating revenue from charging and parking fees. The company also provides a companion app for user management, billing, and booking of parking spaces.
VePa's towers are positioned as urban mobility hubs, capable of integrating shared mobility services like car-sharing, e-bikes, and e-scooters. The company has received backing from investors including EIT Urban Mobility and X2.0 Impact Builders.
Keywords: vertical parking, automated parking system, EV charging infrastructure, smart parking, urban mobility, proptech, paternoster technology, space-saving parking, sustainable mobility, real estate development, mobility hubs, parking solutions, modular construction, photovoltaic integration, car storage, electric vehicle charging, land use optimization, CO2 reduction, urban infrastructure, smart cities