VolkerWessels invests in Parquery
The Dutch company VolkerWessels has made an investment in Parquery. The start-up develops solutions for intelligent parking from which intelligent cities can also benefit. With the fresh money, it wants to further develop its platform.
Parquery has completed a successful financing round, according to a message on LinkedIn. The spin-off from the Swiss Federal Institute of Technology Zurich ( ETH ) was able to win the Dutch construction and plant engineering company VolkerWessels as an investor.
Parquery has developed software that analyzes images from street cameras in real time. This enables drivers to find out, for example, whether there are free parking spaces in their vicinity. The platform can also be used, for example, to analyze the flow of traffic in cities. Overall, it helps build smart cities.
With the fresh money, Parquery wants to strengthen its platform on the one hand in the area of intelligent parking. On the other hand, it is to be further developed for new solutions in the field of intelligent cities.
Parquery has also been working with Hyrde , a subsidiary of VolkerWessels, for a number of years. Hyrde uses the Parquery solution, for example, for security applications at airports and for intelligent mobility projects in cities.