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.
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.
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.
AD 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.
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.
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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