A new lock system - the end of the massive stealing of bikes
So many people have experienced the annoying hassle with getting their bike stolen... trying to find it, report it stolen, get a new one, etc?
As more and more cities see an increase in people biking, the number of stolen bikes increases as well. In Europe, it is estimated that 3-4 million bikes are stolen every year. Three former Danish industrial design students are determined to use these facts constructively. Therefore, they started the company, PentaLock and have developed a security system for bicycles and a “PentaBike” with a fully integrated lock system as well.
Grasping the e-bike market
The market for e-bikes is growing as well and so is the average price as well as the risk of theft. PentaLock also wants to grasp the emerging e-bike market making the first compliant in-built locking device for e-bikes that cannot be dismantled or deactivated as the current ones on the market.
The new idea is to place the integrated locking device between the pedals in the e-bikes bottom crank. "The PentaLock" for e-bikes consists of a patent pending immobilizer (the actual mechanic locking system), alarm, battery and a wireless key. Moreover, it will use location tracking, remote access and push notification. The alarm is activated if a thief tries to move, steal, or break the bike. At the same time, the lock blocks the pedals, stopping the thief from using the bike.
PentaLock is determined to remove the motive to steal bikes and become the thieves’ worst nightmare. To further develop the integrated lock system, they contacted Nordic Innovators to get advice and help to write an InnoBooster proposal. Their idea was awarded a grant in the summer of 2020 and we look forward to watching the future of PentaLock and their exciting journey.
If you want to learn more about Pentalock you can listen to the below podcast. The founder, Emil Norup tells the inspiring story of how he was tired of getting his bike stolen and this gave him the basic idea for his upcoming thesis. After the thesis was handed in, the Univeristy convinced him that the idea was too good to let go before it was even launched. Emil also gives advice of various funding opportunities – how it has helped them evolve PentaLock.