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“Lions Cave”: Munich residents get hold of the second largest deal in the history of the show - it gets even better

2020-10-13T20:55:04.621Z


Three people from Munich landed a big deal with their start-up at “Höhle der Löwen”. Carsten Maschmeyer is full of praise. Not only does he invest in the project.


Three people from Munich landed a big deal with their start-up at “Höhle der Löwen”.

Carsten Maschmeyer is full of praise.

Not only does he invest in the project.

Munich - On Monday evening you

signed a super-class deal

in the

TV show “Die Höhle der Löwen”

: Leon Szeli (27) and Tomislav Tomov (28) from the

Munich startup “Presize”

were able to use their digital size

advisor

for online fashion Shops

Carsten Maschmeyer

convince.

The founders want to tackle the problem of mass returns with “Presize”.

The entrepreneur invested an impressive 650,000 euros and received 15 percent of the company's shares in return.

This is the

second largest single

deal

since the Vox show

, in which investors evaluate business ideas.

Szeli, Tomov and Awais Shafique (25), the third member of the group, have been working together for three years.

It all began at the Center for Digital Technology and Management (CDTM), a research and teaching institute of the

Technical University

(TUM) and the

Ludwig Maximilians University

, where the three met.

Returns

were also an issue for her privately.

"I know it myself: every second part of online purchases goes down," says Leon Szeli.

Friends tell him that they have

even been blocked from shops

because of too many

returns

.

Szeli: "We thought: It has to be better."

"Den of the Lions": Young entrepreneurs from Munich win business plan competition

The three start their own business after completing their studies.

At the beginning they work from home, later in a small room at TUM.

The team continues to grow, they now have

19 employees

, and in 2019 they

took first place

in the

Munich business plan competition

.

Using your size advisor is easy for the user.

It is an

extension

that online shops

can

assign to

their

user interface

.

As a user, you

don't have to

download

a new app

.

First of all, you specify

your height

.

This value is important because the program needs a reference value to reality in order to convert pixels into centimeters.

"Because when I place a Lego man ten centimeters in front of the smartphone camera, it looks just as big as I do when I stand two meters in front of it," explains Szeli.

+

Receive a cash injection: (from left) Leon Szeli, Tomislav Tomov and Awais Shafique have cleared the "Den of Lions".

© Marcus sleep

“Den of the lions”: software calculates a model of the body via a short video

Then there are two options: For the best result, the user records a

short smartphone video

in which he turns around himself.

The software calculates a

3-D model of the body

in the background

.

If you don't like that or are currently on the go, you can skip this point and

answer

a few

questions about body shape

instead

.

The program then suggests the right size for

the selected item of clothing

.

It even tells you how well that size fits different parts of the body.

The anonymous "Size ID" created means that the user will now receive a

size recommendation

for all products in the shop

.

Did the desired blouse fit in the size?

Or was it sent back because it was too small or too big?

Thanks to

artificial intelligence

, the algorithm learns more with every order and thus improves its recommendations.

"Lions Cave": "Presize" software already in use at "s.Oliver" and "Krüger Dirndl"

Carsten Maschmeyer is enthusiastic: “'Presize' is the startup that I

have always wanted

with 'Die Höhle der Löwen'

.

A very

competent founding team

, a real solution to a hitherto unsolved problem - and everything is based on technology with artificial intelligence. ”But it did not stop there: shortly after the investment, further investors topped up the financial round to

almost two million euros

.

"Presize" is

already in use in

some online shops, such as "s.Oliver" and "Krüger Dirndl"

.

The founders have clearly formulated their goal:

To provide the perfect size recommendation

for

a billion products

.

"This saves users time, the shops money and the environment CO2."

(Lmb)

In the VOX broadcast, a toilet brush was also presented, which is supposed to "revolutionize" everyday life in the bathroom.

Nico Rosberg was moved to tears by Munich entrepreneurs.

A German soccer world champion failed on the TV show.

List of rubric lists: © Marcus Schlaf

Source: merkur

All news articles on 2020-10-13

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