
Why a scaling bike parking network needs IoT, not Bluetooth
Bluetooth locks scale to a dozen doors. Networks that reach hundreds need devices with their own connection — and a platform that outlives the hardware.

Taavi Madiberk, the founder of Skeleton Technologies, and Marko Virkebau, CFO of MeetFrank, saw the ambition in Bikeep and joined the start-up company.
"There are different types of investors. Some give a lot of money. However, others are much more strategic and contribute not only money but also much-needed knowledge," said Kristjan Lind, CEO of Bikeep. "Knowledge is more important and valuable to a start-up than money," he added.
Skeleton Technologies is one of Europe's leading energy storage companies, known for its work in ultracapacitor technology. MeetFrank is a fast-growing recruitment and talent platform. The involvement of founders and executives from both companies signals strong confidence in Bikeep's vision for smart, connected bike parking and charging infrastructure.
For Bikeep, strategic partnerships like this go beyond capital — they bring operational expertise, network access, and the kind of guidance that helps a growing company scale effectively across new markets.

Bluetooth locks scale to a dozen doors. Networks that reach hundreds need devices with their own connection — and a platform that outlives the hardware.

Since 2016, Bikeep smart bike parking stations at BART have cut bike theft and outlasted a decade of daily use across the Bay Area transit network.

A summer pilot on Princess Street became permanent: 18 secure Bikeep docks across three downtown Kingston locations, free for residents and visitors.