Parkbob (Ubiq AI)

Presented by Ivan Kasanicky Nominated by Pioneers Ventures   Parking in cities is a hassle. It takes a lot of time, money and nerves. Parkbob is tackling this problem with the means of artificial intelligence and data science. Parkbob’s app delivers real-time information on available parking sports, average parking search time and also on the respective street-parking rules and restrictions, helping drivers to make better decisions.

The average driver spends 10 minutes looking for a parking spot, amounting to a total of €435 for wasted fuel per year. Up to 30% of inner-city traffic is caused by people looking for a parking spot, creating 338kg of unnecessary CO2 emissions. Currently, detailed information on on-street parking options, restrictions and pricing is not available or extremely fragmented in the digital world. The navigation process in a car ends with a destination address, but does not cover the whole end-to-end process. With the vision of a connected or autonomous car, it is clear that the entire process needs to be digitally supported. Parkbob focuses on this missing component. Parkbob’s vision is to become a global leader of on-street parking information. The company has a strong focus on the development of scalable methods (e.g. extraction of parking space from satellite imagery, AI).