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.
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 develops the leading autonomy stack for self-driving trains.
Autonomous Knight
Pre Seed Round in 2022
Autonomous Knight is a technology company that specializes in creating a high-performance multispectral sensor system designed for various challenging environments. Their flagship LEO sensor offers advanced detection and identification capabilities with rapid frame rates, making it suitable for applications in security, environmental monitoring, industrial automation, and transportation. The company's platform integrates cutting-edge sensor hardware with a comprehensive software ecosystem, allowing users to extract valuable insights from data through advanced analytics. By leveraging multispectral imaging technology, Autonomous Knight empowers clients to identify patterns, classify objects, and generate impactful reports, enhancing situational awareness and decision-making processes in diverse real-world scenarios.
Cognata
Funding Round in 2022
The fast lane to Autonomous Driving. Autonomous vehicles are about to create trillions of dollars over the next decade. While validating an autonomous vehicle to current human fatality level requires driving 8B miles. Cognata reproduces the sensor input of a real vehicle in a reality grade city model in order to generate relevant edge case and accelerate the development and validation of an autonomous vehicle. Cognata was founded in 2016, By Danny Atsmon, a deep learning world expert. Danny has been the founder of iOnRoad an ADAS company acquired by (NYSE:HAR now Samsung) and later served as its Director of ADAS and Senior director of Machine learning in. Headquartered in Rehovot next to the Weizmann Institute of science it employs top Israeli computer science and physics talents.
deeptraffic
Pre Seed Round in 2021
deeptraffic offers services for dynamic traffic management. With an emphasis on automated and connected vehicles, it offers technology and solutions that enable dynamic traffic management as a service.
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