EIT Urban Mobility

EIT Urban Mobility is an initiative established by the European Institute of Innovation and Technology to foster innovative solutions in urban mobility across Europe. Launched in January 2019, it focuses on promoting sustainable transportation options and improving the livability of urban areas. The organization partners with start-ups and scale-ups to drive impactful changes in how people navigate cities. EIT Urban Mobility provides essential resources, including funding through grants and equity investments, as well as knowledge, training, and networking opportunities to support the growth of its portfolio companies. With a commitment to transforming urban mobility, the initiative aims to connect stakeholders at various levels of public policy, facilitating impactful ventures that address the evolving needs of urban environments.

Mateusz Kałuża

Investments Analyst

Johannes Kirschner

Investment Manager

Lluis Puerto

Director

Past deals in Electric Vehicle

Rhyde

Pre Seed Round in 2024
Rhyde is a business specializing in the refurbishment of electric scooters and e-bikes. It focuses on sustainability and quality, providing professionally refurbished e-scooters to individual customers, commercial clients, and shared mobility operators. Rhyde's products are not second-hand but are restored to a high standard, offering an affordable and eco-friendly urban mobility solution. The company also facilitates e-scooter rentals through a mobile app, enabling users to scan a QR code for instant access.

ARXAX

Seed Round in 2024
Arxax is a fintech startup based in Bolzano, Italy, focused on providing autonomous green refueling and recharging solutions for road transport. The company develops innovative technologies aimed at reducing carbon emissions in the transportation sector. Its offerings include H2LLO Smart, a certified CO2 measurement and reporting platform, and H2LLO Connect, an autonomous solution for green refueling and recharging. Arxax also facilitates the transition to hydrogen-powered fleets by supporting fleet conversion, maintenance, and refueling services, in addition to providing lease financing for new vehicles. Through these services, Arxax aims to help companies achieve zero-emission transportation solutions.

Inbalance grid

Seed Round in 2023
Inbalance Grid specializes in developing electric vehicle charging infrastructure designed to promote the adoption of electric cars while minimizing environmental impact. The company focuses on creating a charging network that utilizes a master and slave cluster system, leveraging off-the-shelf components managed through proprietary software. Inbalance Grid manufactures and operates electric car charging stations, emphasizing the optimization of electricity consumption. This approach enables electric vehicle owners and businesses to charge their vehicles in a sustainable, cost-effective, and efficient manner, facilitating a smoother transition to electric mobility.

Elonroad

Series A in 2022
Elonroad specializes in innovative electric road technology that enables the charging of electric vehicles both while driving and when parked. By developing a comprehensive charging infrastructure, Elonroad aims to enhance the driving range of electric vehicles, thereby reducing the reliance on large and heavy batteries. The company's approach focuses on creating a charging system that is not only efficient and safe but also convenient and economical to install. This technology offers users access to more practical and cost-effective charging solutions, supporting the broader adoption of electric vehicles.

Waybler

Seed Round in 2022
Waybler is a company that specializes in electric mobility, particularly in providing efficient charging solutions for electric vehicles. It addresses the increasing demand for charging stations by developing scalable and intelligent systems that can cater to the daily needs of electric vehicle users. By analyzing driving and parking patterns, Waybler transforms existing parking facilities into profitable charging points. This approach allows businesses to offer affordable charging options for their tenants, residents, and employees, while also charging multiple vehicles simultaneously at competitive market rates. Through its innovative solutions, Waybler aims to facilitate the widespread adoption of electric vehicles by making charging more accessible and convenient.

Luna Systems

Seed Round in 2022
Luna Systems specializes in micro-mobility technology that leverages artificial intelligence and computer vision to enhance the safety and management of electric scooters and e-bikes. By utilizing onboard cameras as sensors, the company's solution provides real-time confirmation of vehicle positioning, ensuring compliance with proper riding lanes and parking regulations. This technology also monitors pedestrian presence and identifies the surfaces on which scooters are being operated, enabling cities and operators to enforce safe riding practices in pedestrian-heavy areas. Additionally, Luna's system generates valuable data insights that can be applied to various smart city initiatives, contributing to safer urban environments for both riders and pedestrians.

Bia Power

Series A in 2022
Bia Power develops hardware-agnostic software for electric vehicle (EV) charging management, focusing on optimizing charging sessions to enhance the stability of electric grids. Their platform provides real-time monitoring, data analytics, and forecasting to facilitate the integration of renewable energy sources. By connecting the demands of renewable energy with the flexible capacity of electric vehicles, Bia Power enables parking garages, fleet operators, and energy retailers to lower energy costs, manage peak loads, and ensure sustainable charging. Through its actionable insights and strategic planning tools, the company supports the transition to cleaner energy solutions while promoting reliable grid performance.

Zeabuz

Seed Round in 2022
Zeabuz specializes in maritime autonomy solutions that revolutionize waterborne mobility and shipping. The company develops advanced navigation software and hardware designed to enhance operational efficiency while promoting energy savings and reducing the need for onboard crew. Its innovative technology supports self-driving electric urban passenger ferries, which operate continuously across urban waterways, providing a low-cost, zero-emission transportation alternative. Zeabuz's platform integrates sophisticated sensing equipment with software to improve situational awareness, motion planning, and navigation, ultimately allowing passengers to minimize travel distances and save time. Originating from the Norwegian University of Science and Technology's research center focused on autonomous marine operations, Zeabuz aims to transform urban water transport and contribute to the revitalization of smart cities.

Beev

Seed Round in 2022
Beev is a mobility platform based in Paris, France, founded in 2020, that provides electric vehicle solutions for both businesses and households. The company facilitates the decarbonization of mobility by offering a comprehensive service that includes the purchase of electric vehicles and the installation of charging stations in various locations, such as homes and public spaces. Beev's platform emphasizes user convenience through features like online signatures, price transparency, and flexible payment options, enabling customers to save time and money while making the transition to electric mobility.

YUP Mobility

Seed Round in 2022
YUP is a world’s leading manufacturer of charging stations for micro mobility, allowing people on the go to park & charge in public places like restaurants, shopping malls or hospitals. We have developed a wide range of products can fit in many venues, from scooters to e-bikes. We can also manufacture on demand products with specific features as final customer requests. Based in the Mobile World Capital Barcelona ecosystem, we manufacture our entire production in Spain with all the necessary international certificates and licenses. In our 15 years of experience in the sector, we have sold to more than 25 countries becoming the world leader in the development of this technology and continue to grow thanks to the agreements adopted with international partners. YUP handles all steps in production, from sourcing of raw materials through design and manufacture, through implementation and maintenance. Constantly investing in R&D in order to offer best possible solutions to our partners with the highest quality.

Gocleer

Seed Round in 2022
Gocleer is a digital urban mobility insurance provider focused on offering tailored insurance products for urban commuters. The company has developed a platform that delivers fair and flexible insurance solutions for various modes of transportation, including cars, e-scooters, motorcycles, and bicycles. By integrating diverse data sources such as enriched credit scoring and mobile telematics, Gocleer enhances risk assessment and selection. This approach allows customers to minimize their risk exposure while gaining access to personalized coverage options. Operating primarily in Spain and expanding into European and Latin American markets, Gocleer aims to meet the evolving needs of urban mobility users through innovative insurance solutions.

Cogo

Seed Round in 2022
Cogo is a mobile application focused on promoting sustainable transportation solutions. It consolidates various shared mobility options, including electric scooters, bicycles, cars, and mopeds, into a single platform. By partnering with 280 mobility operators across 700 cities globally, Cogo enables users to easily find and compare environmentally friendly rides. The company aims to enhance urban mobility by reducing traffic congestion and improving air quality, while also addressing the challenges of overconsumption in city environments. Through its innovative approach, Cogo contributes to a more sustainable future for urban transportation.

MinervaS

Grant in 2022
MinervaS is a university spin-off that specializes in innovative solutions for the energy and automotive sectors, focusing on reducing CO2 emissions and enhancing on-board energy management. The company develops a fleet management platform that offers a comprehensive suite of integrated solutions aimed at promoting smart and future mobility. These solutions include driving advisors and fleet management tools, which can be customized for vehicles with various propulsion systems, such as conventional, hybrid, electric, or fuel cells. By tailoring its offerings to the specific needs of each vehicle and the size of the customer's business, MinervaS enables fleet managers to make informed decisions regarding route planning and driver behavior, thereby improving operational efficiency and sustainability.

Jonna

Seed Round in 2022
Jonna operates an online marketplace that facilitates the buying and selling of refurbished e-bikes. The platform provides an array of features such as on-demand delivery and 24/7 customer support, ensuring a seamless experience for users. In addition to selling e-bikes, Jonna offers subscription plans that include monthly access to bikes and e-bikes, along with insurance and maintenance services. This model aims to simplify urban mobility for city residents, allowing them to navigate their environments efficiently without the burdens associated with traditional bike ownership.

Luna Systems

Seed Round in 2022
Luna Systems specializes in micro-mobility technology that leverages artificial intelligence and computer vision to enhance the safety and management of electric scooters and e-bikes. By utilizing onboard cameras as sensors, the company's solution provides real-time confirmation of vehicle positioning, ensuring compliance with proper riding lanes and parking regulations. This technology also monitors pedestrian presence and identifies the surfaces on which scooters are being operated, enabling cities and operators to enforce safe riding practices in pedestrian-heavy areas. Additionally, Luna's system generates valuable data insights that can be applied to various smart city initiatives, contributing to safer urban environments for both riders and pedestrians.

YUP Mobility

Pre Seed Round in 2021
YUP is a world’s leading manufacturer of charging stations for micro mobility, allowing people on the go to park & charge in public places like restaurants, shopping malls or hospitals. We have developed a wide range of products can fit in many venues, from scooters to e-bikes. We can also manufacture on demand products with specific features as final customer requests. Based in the Mobile World Capital Barcelona ecosystem, we manufacture our entire production in Spain with all the necessary international certificates and licenses. In our 15 years of experience in the sector, we have sold to more than 25 countries becoming the world leader in the development of this technology and continue to grow thanks to the agreements adopted with international partners. YUP handles all steps in production, from sourcing of raw materials through design and manufacture, through implementation and maintenance. Constantly investing in R&D in order to offer best possible solutions to our partners with the highest quality.

Bia Power

Seed Round in 2021
Bia Power develops hardware-agnostic software for electric vehicle (EV) charging management, focusing on optimizing charging sessions to enhance the stability of electric grids. Their platform provides real-time monitoring, data analytics, and forecasting to facilitate the integration of renewable energy sources. By connecting the demands of renewable energy with the flexible capacity of electric vehicles, Bia Power enables parking garages, fleet operators, and energy retailers to lower energy costs, manage peak loads, and ensure sustainable charging. Through its actionable insights and strategic planning tools, the company supports the transition to cleaner energy solutions while promoting reliable grid performance.

Elonroad

Venture Round in 2021
Elonroad specializes in innovative electric road technology that enables the charging of electric vehicles both while driving and when parked. By developing a comprehensive charging infrastructure, Elonroad aims to enhance the driving range of electric vehicles, thereby reducing the reliance on large and heavy batteries. The company's approach focuses on creating a charging system that is not only efficient and safe but also convenient and economical to install. This technology offers users access to more practical and cost-effective charging solutions, supporting the broader adoption of electric vehicles.

EVIO - Electrical Mobility

Seed Round in 2020
EVIO is SME with a multi-sided platform that provides value added services and out-of-the-box solutions to several sides in the electrical mobility ecosystem.

FSE Fabryka Samochodów Elektrycznych Sp. z o.o.

Seed Round in 2020
WHAT PROBLEM ARE WE SOLVING? Reduction of CO2 in the city. In heavily polluted urban areas local governments in many cities in Europe (Paris, Barcelona, Frankfurt, Oslo) implement a regulation for clean zones without pollution. But inside this zones are existing companies living people with special needs (deliveries, post, shop goods etc.). Only electric car can enter to this special zones. FSE propose introduction of environmentally friendly electric vehicles for transport of goods and people in heavily polluted urban areas, through the production, implementation, maintenance and service as well as recycling of electric cars. FSE CO2-free electric light commercial vehicles and related services will guarantee that professional businesses that are engaged in all kind of urban and sub-urban transport can execute their job , even when city traffic is closed for combustion engine driven vehicles. WHAT IS OUR SOLUTION? FSE has developed three different sized electric Light Commercial Vehicle Prototypes that meet the multiple needs for CO2-free urban transport of our B2B customers. E-LCV are operating in the industry of transport (goods, people, services), supporting the fight against urban traffic and climate change. Furthermore, FSE products will support the EU fight against climate change, helping to reduce the emissions of the driving companies/institutions in urban and sub-urban areas. Thanks to FSE CO2-free electric Light Commercial Vehicles green transport and logistics for citizens will be guaranteed without any limitations. WHO ARE OUR TARGET CUSTOMERS AND GROUPS? FSE is focusing on the B2B market of mainly professional drivers/companies which use their vehicles for running their businesses to transport goods, people and execute services with the vehicles, mainly in urban areas. Typical customers are all kind of craftsmen, utility companies (electricity, gas, water etc.), public services and all kind of people transport (kindergarden, elder people, disabled people etc.) WHY ARE YOU AS A TEAM BEST SUITED TO WORK TOGETHER TO RESOLVE THIS PROBLEM? We are a diverse team of highly experienced professionals full of passion and willing to act with unique experience in management and cooperation with the leaders of the automotive, industry and trade market. In our everyday work we face problems and challenges but thanks to teamwork and our experience, there are no issues that we can't solve.
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