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, based in Bolzano, Italy, is a fintech startup focused on providing autonomous green refueling and recharging solutions for road transport. The company is dedicated to reducing carbon emissions in the transport sector through innovative technologies. Its offerings include H2LLO Smart, a certified platform for CO2 measurement and reporting, and H2LLO Connect, an autonomous solution for green refueling and recharging. Arxax aims to facilitate the transition to zero-emission fleets by converting existing vehicles to hydrogen power, maintaining these fleets, and providing lease financing for new vehicles. The company also organizes the necessary infrastructure to support the operation of environmentally friendly transport solutions.

Inbalance grid

Seed Round in 2023
Inbalance Grid is a company that specializes in developing and operating electric vehicle charging infrastructure designed to facilitate the widespread adoption of electric cars. The company's charging systems utilize a cluster design with a master and slave configuration, primarily incorporating off-the-shelf components managed by proprietary software. Inbalance Grid focuses on optimizing electricity consumption, allowing electric vehicle owners and businesses to charge their vehicles in a sustainable and cost-effective manner. By promoting efficient charging solutions, the company aims to mitigate the environmental impact associated with traditional vehicles and support the transition to cleaner transportation options on a global scale.

Elonroad

Series A in 2022
Elonroad is a technology company specializing in electric road systems that enable the charging of electric vehicles both while driving and when parked. The company's innovative approach aims to extend the driving range of electric vehicles by reducing reliance on large, heavy batteries. By developing a convenient and efficient charging infrastructure, Elonroad provides a safe and economical solution for electric vehicle users, promoting greater accessibility to charging methods. This technology represents a significant advancement in the electric vehicle landscape, facilitating the transition to sustainable transportation.

Waybler

Seed Round in 2022
Waybler is a company dedicated to enhancing electric mobility by providing innovative charging solutions for electric vehicles. It focuses on developing, selling, and operating a scalable and intelligent charging system that addresses the increasing demand for charging spots. By analyzing driving and parking patterns, Waybler converts existing parking lots into profitable charging points. This approach allows businesses to offer affordable charging systems for their tenants, residents, and employees, thereby facilitating a more accessible and cost-effective electric vehicle infrastructure. Waybler's commitment to charging multiple cars simultaneously at competitive market prices positions it as a key player in the electric car market.

Luna Systems

Seed Round in 2022
Luna Systems is a technology company specializing in micro-mobility solutions that leverage advanced AI and computer vision to enhance the safety and efficiency of electric scooters and e-bikes. Its innovative technology employs onboard cameras as sensors to provide real-time monitoring of vehicle positioning, ensuring that scooters are ridden in designated lanes and parked appropriately. This capability not only helps operators and cities manage compliance with riding regulations but also generates actionable data insights that can be applied to various smart city initiatives. By counting pedestrian presence and assessing the riding surface, Luna Systems contributes to creating safer urban environments for both users 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, providing innovative software and solutions designed to enhance operational efficiency and reduce the need for onboard crew. The company focuses on transforming waterborne mobility through its technology, which includes self-driving electric urban passenger ferries that operate like horizontal elevators across urban waterways. This approach promises low-cost, zero-emission transportation that is consistently available. Zeabuz's offerings extend to various segments, including workboats, car ferries, and short-sea shipping. Originating as a spin-off from the Norwegian University of Science and Technology’s research center for autonomous marine operations, the company combines advanced navigation assistance products and hardware for sensing with sophisticated software for situational awareness, motion planning, and navigation, ultimately aiming to revitalize urban waterways and improve the efficiency of maritime travel.

Beev

Seed Round in 2022
Beev is a mobility platform based in Paris, France, founded in 2020, that focuses on providing electric vehicle solutions for both individuals and businesses. The company facilitates the decarbonization of mobility through its online automotive platform, which streamlines the entire process from vehicle purchase to the installation of charging stations. Beev emphasizes user-friendly features such as online signatures, price transparency, and flexible payment options, allowing customers to save time and money while acquiring electric vehicles and charging infrastructure for various settings, including homes, businesses, and public spaces.

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 based in Spain, with operations extending across Europe and Latin America. The company specializes in developing a mobility platform that offers flexible and fair insurance products for various modes of urban transportation, including cars, e-scooters, motorcycles, and bicycles. Gocleer leverages data sources such as enriched credit scoring and mobile telematics from its application to enhance risk selection, allowing customers to reduce their risk exposure and access personalized coverages proactively. The company operates as a Managing General Agent (MGA) and broker, focusing on the distribution of insurance products through innovative digital 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 improving on-board energy management. The company offers a customizable platform designed for various vehicle propulsion types, including conventional, hybrid, electric, and fuel cell systems. Its suite of integrated solutions supports smart and future mobility, encompassing tools such as driving advisors and fleet management systems tailored to the specific needs of each vehicle and the scale of the customer's business. By providing these tools, MinervaS enables fleet managers to make informed decisions regarding route planning and driver behavior, ultimately contributing to enhanced operational efficiency and sustainability.

Jonna

Seed Round in 2022
Jonna operates an online marketplace focused on the buying and selling of refurbished e-bikes. The platform provides a comprehensive range of services, including on-demand delivery and round-the-clock customer support. Jonna offers customers the option to subscribe to bikes and e-bikes, which come with insurance and maintenance services included. This model enables urban residents to navigate their cities efficiently without the burdens associated with traditional bike ownership.

Luna Systems

Seed Round in 2022
Luna Systems is a technology company specializing in micro-mobility solutions that leverage advanced AI and computer vision to enhance the safety and efficiency of electric scooters and e-bikes. Its innovative technology employs onboard cameras as sensors to provide real-time monitoring of vehicle positioning, ensuring that scooters are ridden in designated lanes and parked appropriately. This capability not only helps operators and cities manage compliance with riding regulations but also generates actionable data insights that can be applied to various smart city initiatives. By counting pedestrian presence and assessing the riding surface, Luna Systems contributes to creating safer urban environments for both users 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 is a technology company specializing in electric road systems that enable the charging of electric vehicles both while driving and when parked. The company's innovative approach aims to extend the driving range of electric vehicles by reducing reliance on large, heavy batteries. By developing a convenient and efficient charging infrastructure, Elonroad provides a safe and economical solution for electric vehicle users, promoting greater accessibility to charging methods. This technology represents a significant advancement in the electric vehicle landscape, facilitating the transition to sustainable transportation.

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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