EIT Urban Mobility

We make people's bicycle life smoother. We offer simple, reliable, and sustainable services for the everyday cyclist who are looking for a more convenient and functioning bicycle life. MIOO contributes to sustainable and healthy cities by enabling billions of kilometers of mobility by pure pedal power! MARKET Cycling is growing rapidly with 2B bikes in the world and +100M sold bikes per year. Bicycle commuting is exploding in large cities through new bike lanes, healthier lifestyles and environmental consciousness. Copenhagen and Amsterdam have close to 50% mobility by bicycle. Paris, London and Stockholm are quickly catching up from 10% levels. Cycling delivers several 100 times more mobility in kilometers than all E-scooters and other mobility companies all together. IMPACT Bikes are the most efficient, sustainable and healthy way of transportation up to 30km and it is an effective solution for several global challenges. A bicycle emits only 3g of CO2 per km. An everyday cyclist shows a 40% lower mortality risk. PROBLEM Bicycle sales are moving online. The 20% CAGR of online sales before Covid-19 is now accelerating fast, expected to reach 40% of all sales in many countries by 2025. The shift to online sales requires new types of solutions for customer support and service of the bike. Customers wait on average 12 days to get the bike fixed and even finding a nearby bike repair shop is hard. Millions of bicycles are left in sheds or garages with simpler problems. Millions of bicycles are also reported stolen and rarely get back to the owners even if the Police finds it. People stop biking due to this, leaving all the impacts disabled. SOLUTION MIOO offers a solution to all this by establishing a “service & safety” relationship with the user from when the bicycle is unpacked from a delivery box until the bike is sold. PRODUCT / APP - Bicycle service where you are - Assemble your newly online-purchased bike at your doorstep - Anti theft registration and Bike-id-labeling - Bicycle insurance - Service book - Digital and secure change of ownership - IoT ready for Smart locks and GPS - Service and Safety subscription single or family plan BUSINESS MODEL On-demand services act as profitable funnel into a recurring subscriptions 100€ in yearly recurring revenues per user from subscriptions and on-demand sales of service and safety. FINANCIAL GOALS We are launching 100 cities in the next 5 years, reaching 5 million yearly paying users. Totaling a revenue of €500M in 2026 with a gross margin of 50%. TRACTION We have shown a clear problem-solution fit in Stockholm and started to see clear indicators of a product-market fit. We have now launched our second city, London, with even larger potential. STOCKHOLM + 20,000 paying users last 12 month +100 active Bike Buddies/mobile bike service, +500 on short list Profitable in Stockholm 2 years after launch! €500k in revenues, growing with 200% in CAGR LONDON Launched Q2 2021 + 500 paying users after just one quarter with very little marketing. 5 active Bike Buddies, + 100 on short list PARTNERSHIPS Swedish tech-insurance company Omocom cover our subscribers' bike insurance. Internet stores Bikester, an e-commerce bicycle retailer who operates in 14 markets, resells our assembly service in Stockholm this spring as a pilot. About 10% conversion rate on all sold bicycles and + 500 bikes assembled in the pilot . The plan is to launch the same set-up in London during Q1 2022 and scale it to new cities. TEAM Founder and CEO: Tomas Grönqvist ,Former pro-cyclist (5 years on the pro-tour in Italy) turned entrepreneur. Founded cycling startup that was acquired by Salvatore Grimaldi. Co founders in operations: CTO Kimmo Björnsson (mat.se) COO Jakob Daniels, VPE Resad Zacina (ex-Fishbrain) Angels: Johan Attby (Fishbrain) Per Emanuelsson (Soundtrap), Fredrik Ahlberg (King) Sara & Jon Wimmercranz (Footway / Bambora) Stefan Krook & Karl-Johan Persson (H&M) ROUND Raising €5M Use of founds: Scaling business in Europe and US

Beev is a mobility platform that offers electric vehicle solutions for everyone. It offers a high-end service to acquire an electric vehicle and a charging station at home, in business, or in all types of places open to the public. Beev was founded in 2020 and is headquartered in Paris, France.

Digital urban mobility insurance provider. Insurtech, Mobile App, Insurance, Distribution, MGA, Broker, Spain, Europe, LATAM

Optiyol helps freight and passenger transportation operations in cities have increased in volume due to e-commerce and increased urbanization. Legacy route optimization solutions can no longer handle the scale and complexity of these operations and require human intervention which results in overspending for fleet and energy costs and lower customer service levels due to late arrivals. Optiyol builds a self-learning optimization engine with comprehensive data models and algorithms to handle all real-life constraints for both efficient and practical route plans. Optiyol's team has over ten years of experience in algorithm engineering and software design with Ph.D. degrees from Georgia Tech.

Skyroads specializes in the automation of Advanced Air Mobility by developing an integrated traffic management system for urban aviation. The company provides solutions for route planning, route clearance, and safety, enabling the efficient and safe operation of air taxis and drones within metropolitan areas. Its platform connects various ground modules and per-vehicle avionics, transceivers, and sensor suites, which facilitate central route management and enhance safety measures across the airspace. By linking drones and landing ports into a unified system, Skyroads aims to create a shared digital ecosystem that fosters fair access and public acceptance, all while adhering to safety standards set by aviation authorities worldwide.

Vianova is a platform for managing connected and shared mobility in the urban public realm. It helps cities better manage their urban space, starting with mobility services. Along with the benefits of new mobility solutions, cities face growing challenges as they integrate fast-developing modes of transportation. Its company's technology helps cities and mobility operators better collaborate and communicate, in order to foster more liveable and breathable streets.