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 Transportation

Meight

Venture Round in 2024
Meight is a company focused on enhancing driving efficiency and reducing environmental impact through its innovative platform. It develops a forecasting tool that analyzes fuel costs and CO2 emissions, helping drivers optimize their fuel consumption. By collecting unstructured data, Meight creates a detailed digital representation of trucks, tracking fuel usage and driving behaviors such as acceleration and braking. The platform also provides driver training and onboarding solutions, facilitating better management of driver workflows and integration with supply chain operations. This approach not only supports safer driving practices but also aids clients in improving profitability and scaling their operations.

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.

Futurail

Pre Seed Round in 2024
Futurail specializes in developing advanced autonomy technology for self-driving trains. The company's core product is a comprehensive, safety-certified software and hardware platform that equips trains with long-range obstacle detection, precise localization, and seamless integration into both new and existing fleets. This innovative solution aims to enhance rail transportation efficiency, lower operational costs, and improve overall travel experiences, while promoting low-carbon mobility.

Optiyol

Seed Round in 2024
Optiyol provides a route optimization platform designed to address the complexities of modern freight and passenger transportation, particularly in urban environments experiencing growth due to e-commerce. Traditional route optimization methods often fall short, requiring significant human intervention, which can lead to increased fleet and energy costs as well as diminished customer service due to delays. Optiyol's solution utilizes a self-learning optimization engine that incorporates advanced data models and algorithms, effectively managing real-world constraints to create efficient and practical route plans. The platform leverages predictive modeling and analytics to enhance supply chain planning across various industries, including logistics, retail, and food service, enabling companies to lower transportation expenses and improve operational visibility. With a team that has over a decade of experience in algorithm engineering and software design, Optiyol aims to transform transportation operations through innovative technology.

Fastlane

Pre Seed Round in 2023
Fastlane is a dynamic and innovative logistics and transport management solution, providing last-mile delivery solutions. With a focus on efficiency, reliability, and customer satisfaction, we help businesses streamline their delivery operations and achieve seamless end-to-end management. As a trusted partner for businesses of all sizes, Fastlane leverages cutting-edge technology and robust infrastructure to optimize route planning, track deliveries in real-time, and ensure timely and secure shipments. Our comprehensive suite of services includes order management, fleet tracking, driver management, and customer communication tools, all designed to enhance operational efficiency and improve overall delivery performance. With a customer-centric approach, Fastlane aims to exceed expectations and provide exceptional delivery experiences. Whether it's e-commerce, food delivery, or any industry requiring efficient logistics solutions, we empower businesses to thrive in today's competitive market by enabling faster, more reliable, and cost-effective delivery operations. Join Fastlane today and unlock the potential to transform your logistics and delivery processes, streamline operations, and delight your customers with seamless, on-time deliveries.

Parabol

Seed Round in 2023
Parabol, established in 2011, focuses on developing Advanced Traffic Management Systems to support smart city initiatives for urban authorities and citizens. The company has evolved its expertise in Intelligent Transportation Systems and now offers a comprehensive mobility management platform known as METIS. This interoperable platform facilitates a collaborative traffic management environment by connecting sensor-based vehicles, traffic management systems, and users, providing valuable insights for transport managers. METIS enhances urban traffic management by offering multimodal mobility analytics, road safety analytics, and dynamic traffic management capabilities. Through its solutions, Parabol aims to improve operational efficiency in urban traffic systems, ultimately reducing carbon emissions, fuel consumption, and travel times for city residents.

voovoo

Seed Round in 2023
VOOVOO specializes in enhancing the safety of commercial fleets through its innovative technology, VOOBOX, which actively prevents speeding and aggressive driving in real-time. By integrating GPS tracking capabilities, VOOVOO allows clients to regulate vehicle speed automatically, contributing to safer transportation and reduced operational costs. With a focus on global markets, especially in Europe and the US, the company aims to leverage its technology in approximately 360 million commercial vehicles worldwide. VOOVOO's solutions are designed for easy integration and distribution, backed by compliance with UN international standards and support from various organizations, including the European Institute of Innovation and Technology. The company has conducted extensive testing, securing certification that enables it to operate in 58 countries. With a solid five-year industry background and established international relationships, VOOVOO anticipates significant revenue growth, projecting earnings of up to €36 million within five years. The ongoing fundraising effort aims to secure additional capital to expand operations and onboard a substantial number of vehicles, further solidifying its market position.

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.

Mioo

Seed Round in 2022
MIOO is a mobile bike service platform dedicated to enhancing the cycling experience for everyday users by offering convenient and sustainable services. It caters to the growing number of cyclists, particularly in urban areas, where cycling is becoming an increasingly popular mode of transport. MIOO addresses common challenges faced by cyclists, such as the difficulty in accessing bike repair services and the risks of theft. The platform allows users to book repairs and maintenance services from certified mechanics at their homes, ensuring quick and reliable support. Additionally, MIOO provides services such as bike assembly, anti-theft registration, insurance, and digital ownership transfers. With a business model focused on on-demand services and subscription plans, MIOO aims to create a lasting relationship with its users. The company has already established a presence in cities like Stockholm and London, demonstrating significant traction and growth potential as it plans to expand its services to 100 cities, targeting 5 million annual users and achieving substantial revenue by 2026.

Urban Radar

Seed Round in 2022
Urban Radar is a developer of a data analytics platform that provides cities with essential mobility and infrastructure insights. The company's artificial intelligence technology aggregates data from various sources, delivering alerts and reports that streamline management processes and reduce the need for extensive public sector resources. Urban Radar's products support urban planning professionals in developing effective logistics strategies and making informed locational decisions. With a strong emphasis on equity, the Proximity products aim to ensure equal access to vital city services and spaces, contributing to the creation of livable and resilient urban environments.

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.

Optiyol

Seed Round in 2022
Optiyol provides a route optimization platform designed to address the complexities of modern freight and passenger transportation, particularly in urban environments experiencing growth due to e-commerce. Traditional route optimization methods often fall short, requiring significant human intervention, which can lead to increased fleet and energy costs as well as diminished customer service due to delays. Optiyol's solution utilizes a self-learning optimization engine that incorporates advanced data models and algorithms, effectively managing real-world constraints to create efficient and practical route plans. The platform leverages predictive modeling and analytics to enhance supply chain planning across various industries, including logistics, retail, and food service, enabling companies to lower transportation expenses and improve operational visibility. With a team that has over a decade of experience in algorithm engineering and software design, Optiyol aims to transform transportation operations through innovative technology.

Intelligent Traffic Control

Series A in 2022
Intelligent Traffic Control LTD, based in Tel Aviv, Israel, specializes in real-time adaptive traffic light management solutions. The company employs advanced AI algorithms and computer vision technology to analyze data gathered from off-the-shelf cameras, allowing for the identification of traffic patterns and the prediction of potential congestion. This system enables municipalities to implement traffic policies efficiently and cost-effectively without requiring modifications to existing infrastructure. By dynamically managing traffic signals, Intelligent Traffic Control aims to prioritize traffic flow, reduce CO2 emissions, and improve urban quality of life. Its innovative approach represents a significant advancement in intelligent traffic management and sustainability, addressing the challenges of urban mobility.

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.

Volvero

Seed Round in 2022
Volvero is a vehicle-sharing application that connects vehicle owners with individuals seeking to rent vehicles. By utilizing blockchain technology, Volvero offers a reliable and secure platform that facilitates this connection while ensuring safety and mobility for its users. The app enables vehicle owners to monetize their vehicles starting from a single day, tapping into a substantial market with an estimated value of $200 billion. Additionally, Volvero provides comprehensive insurance and customized protection options, enhancing the overall user experience and fostering trust between vehicle owners and renters.

A.D Knight

Seed Round in 2022
A.D. Knight focuses on enhancing the safety of pedestrians and vulnerable road users through innovative technology that utilizes mobile phones and connected devices for passive data collection. By prioritizing user privacy, the company provides municipalities, road operators, and asset owners with tools to prevent accidents and manage traffic effectively. Their solutions deliver real-time traffic safety alerts to various road users, including pedestrians and those using micro-mobility options. A.D. Knight's technology is particularly valuable in low-light environments, allowing for better detection and protection of individuals, ultimately contributing to safer urban environments for walking, jogging, riding, and driving.

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.

Mioo

Seed Round in 2022
MIOO is a mobile bike service platform dedicated to enhancing the cycling experience for everyday users by offering convenient and sustainable services. It caters to the growing number of cyclists, particularly in urban areas, where cycling is becoming an increasingly popular mode of transport. MIOO addresses common challenges faced by cyclists, such as the difficulty in accessing bike repair services and the risks of theft. The platform allows users to book repairs and maintenance services from certified mechanics at their homes, ensuring quick and reliable support. Additionally, MIOO provides services such as bike assembly, anti-theft registration, insurance, and digital ownership transfers. With a business model focused on on-demand services and subscription plans, MIOO aims to create a lasting relationship with its users. The company has already established a presence in cities like Stockholm and London, demonstrating significant traction and growth potential as it plans to expand its services to 100 cities, targeting 5 million annual users and achieving substantial revenue by 2026.

Bout

Seed Round in 2022
Bout is a platform that facilitates the booking of boat rides, catering to a diverse range of water transportation services such as water taxis and both scheduled and custom cruises. By centralizing the fragmented market of boat rides, Bout offers an easy-to-use application that connects service providers with customers seeking water transportation. This streamlined approach enhances accessibility and convenience, allowing users to efficiently find and book various boating options through the platform.

Skyroads

Series A in 2022
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.

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.

SWITCH - Street WITCHer

Pre Seed Round in 2022
SWITCH - Street WITCHer focuses on enhancing fleet efficiency and urban mobility through its advanced AI simulation platform. The company's proprietary tools, Urbiverse and Urban CoPilot, enable fleet managers to optimize vehicle distribution, predict demand, and reduce operational costs in real time. By catering to a diverse clientele that includes mobility providers, local governments, and logistics companies, SWITCH aims to improve fleet profitability and promote sustainable urban living. Its solutions facilitate better decision-making and contribute to the overall efficiency of urban mobility systems.

Optiyol

Grant in 2022
Optiyol provides a route optimization platform designed to address the complexities of modern freight and passenger transportation, particularly in urban environments experiencing growth due to e-commerce. Traditional route optimization methods often fall short, requiring significant human intervention, which can lead to increased fleet and energy costs as well as diminished customer service due to delays. Optiyol's solution utilizes a self-learning optimization engine that incorporates advanced data models and algorithms, effectively managing real-world constraints to create efficient and practical route plans. The platform leverages predictive modeling and analytics to enhance supply chain planning across various industries, including logistics, retail, and food service, enabling companies to lower transportation expenses and improve operational visibility. With a team that has over a decade of experience in algorithm engineering and software design, Optiyol aims to transform transportation operations through innovative technology.

deeptraffic

Pre Seed Round in 2021
Deeptraffic is a technology company specializing in dynamic traffic management. It provides software-as-a-service solutions that integrate with existing traffic management centers and third-party data sources to monitor road conditions in real-time. The company's platform enables automated and connected vehicles to dynamically adjust traffic flow, providing personalized driver guidance to optimize traffic management strategies.

Urban Radar

Seed Round in 2021
Urban Radar is a developer of a data analytics platform that provides cities with essential mobility and infrastructure insights. The company's artificial intelligence technology aggregates data from various sources, delivering alerts and reports that streamline management processes and reduce the need for extensive public sector resources. Urban Radar's products support urban planning professionals in developing effective logistics strategies and making informed locational decisions. With a strong emphasis on equity, the Proximity products aim to ensure equal access to vital city services and spaces, contributing to the creation of livable and resilient urban environments.

Nemi

Seed Round in 2021
Nemi is a company that focuses on enhancing the efficiency of bus services in low-demand areas through innovative software solutions. It has developed a digital transport mobile application that facilitates flexible public transport services, making them adaptable to various operating models. By managing demand-responsive bus services, Nemi enables users to connect to different locations more effectively and sustainably, ultimately improving access to public transport in under-served regions.

Optiyol

Seed Round in 2021
Optiyol provides a route optimization platform designed to address the complexities of modern freight and passenger transportation, particularly in urban environments experiencing growth due to e-commerce. Traditional route optimization methods often fall short, requiring significant human intervention, which can lead to increased fleet and energy costs as well as diminished customer service due to delays. Optiyol's solution utilizes a self-learning optimization engine that incorporates advanced data models and algorithms, effectively managing real-world constraints to create efficient and practical route plans. The platform leverages predictive modeling and analytics to enhance supply chain planning across various industries, including logistics, retail, and food service, enabling companies to lower transportation expenses and improve operational visibility. With a team that has over a decade of experience in algorithm engineering and software design, Optiyol aims to transform transportation operations through innovative technology.

A.D Knight

Seed Round in 2021
A.D. Knight focuses on enhancing the safety of pedestrians and vulnerable road users through innovative technology that utilizes mobile phones and connected devices for passive data collection. By prioritizing user privacy, the company provides municipalities, road operators, and asset owners with tools to prevent accidents and manage traffic effectively. Their solutions deliver real-time traffic safety alerts to various road users, including pedestrians and those using micro-mobility options. A.D. Knight's technology is particularly valuable in low-light environments, allowing for better detection and protection of individuals, ultimately contributing to safer urban environments for walking, jogging, riding, and driving.

Volvero

Seed Round in 2021
Volvero is a vehicle-sharing application that connects vehicle owners with individuals seeking to rent vehicles. By utilizing blockchain technology, Volvero offers a reliable and secure platform that facilitates this connection while ensuring safety and mobility for its users. The app enables vehicle owners to monetize their vehicles starting from a single day, tapping into a substantial market with an estimated value of $200 billion. Additionally, Volvero provides comprehensive insurance and customized protection options, enhancing the overall user experience and fostering trust between vehicle owners and renters.

Skyroads

Seed Round in 2021
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.

Meight

Seed Round in 2021
Meight is a company focused on enhancing driving efficiency and reducing environmental impact through its innovative platform. It develops a forecasting tool that analyzes fuel costs and CO2 emissions, helping drivers optimize their fuel consumption. By collecting unstructured data, Meight creates a detailed digital representation of trucks, tracking fuel usage and driving behaviors such as acceleration and braking. The platform also provides driver training and onboarding solutions, facilitating better management of driver workflows and integration with supply chain operations. This approach not only supports safer driving practices but also aids clients in improving profitability and scaling their operations.

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.

voovoo

Pre Seed Round in 2021
VOOVOO specializes in enhancing the safety of commercial fleets through its innovative technology, VOOBOX, which actively prevents speeding and aggressive driving in real-time. By integrating GPS tracking capabilities, VOOVOO allows clients to regulate vehicle speed automatically, contributing to safer transportation and reduced operational costs. With a focus on global markets, especially in Europe and the US, the company aims to leverage its technology in approximately 360 million commercial vehicles worldwide. VOOVOO's solutions are designed for easy integration and distribution, backed by compliance with UN international standards and support from various organizations, including the European Institute of Innovation and Technology. The company has conducted extensive testing, securing certification that enables it to operate in 58 countries. With a solid five-year industry background and established international relationships, VOOVOO anticipates significant revenue growth, projecting earnings of up to €36 million within five years. The ongoing fundraising effort aims to secure additional capital to expand operations and onboard a substantial number of vehicles, further solidifying its market position.

Skyroads

Seed Round in 2020
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

Seed Round in 2020
Vianova is a platform focused on managing connected and shared mobility within urban environments. It assists cities in effectively navigating the challenges posed by rapidly evolving transportation modes. By leveraging its technology, Vianova fosters collaboration between cities and mobility operators, facilitating better communication and coordination. The platform enables organizations to transform complex data into actionable intelligence, addressing critical transportation issues such as managing shared mobility and enhancing street safety. Ultimately, Vianova aims to support informed urban planning and transportation policy decisions, promoting more sustainable and livable urban spaces.

Volvero

Pre Seed Round in 2020
Volvero is a vehicle-sharing application that connects vehicle owners with individuals seeking to rent vehicles. By utilizing blockchain technology, Volvero offers a reliable and secure platform that facilitates this connection while ensuring safety and mobility for its users. The app enables vehicle owners to monetize their vehicles starting from a single day, tapping into a substantial market with an estimated value of $200 billion. Additionally, Volvero provides comprehensive insurance and customized protection options, enhancing the overall user experience and fostering trust between vehicle owners and renters.
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