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Your startups of the month

Which startups particularly interested Munich Startup readers this month? We explore this question in our "Startups of the Month" feature and select the top 5 startups.

August 30, 2024 3 min reading time

Wemolo parking depot
2nd place: Also with a financing notification it creates Wemolo to second place in our Startups of the Month in August. The Munich-based startup receives fresh capital from CIBC Innovation Banking for an undisclosed amountWemolo specializes in digital parking solutions with license plate recognition. The startup's parking management solution is based on image recognition technology with artificial intelligence. This allows Wemolo to automate the processing and billing of parking transactions in paid and unpaid parking spaces. The young company plans to use the funding to expand its product portfolio and its presence in Europe. (Photo: Wemolo)
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