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 company that specializes in the refurbishment of electric scooters and e-bikes. The company is committed to sustainability and quality, offering professionally refurbished e-scooters to individual customers, commercial customers, and shared mobility operators. Rhyde's products are not second-hand, but are refurbished to a high standard, providing an affordable and eco-friendly option for urban mobility. The company also offers a mobile app, which allows customers to rent an e-scooter by simply scanning the QR code on the scooter.

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 offers maritime autonomy software and solutions that enable radical operational savings through energy efficiency and onboard crew reduction. Entirely new operational concepts are emerging from our technology. e.g. self-driving electric urban passenger ferries crossing urban waterways like a horizontal elevator 24/7 - low cost, zero-emission, always available, compelling for the audience. Other segments include workboats, car ferries, short-sea shipping, It is a spin-off of the Norwegian University of Science and Technology’s progressive research center for autonomous marine operations and systems.

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.

Cogo

Seed Round in 2022
Cogo is a mobile application focused on promoting sustainable transportation solutions by aggregating shared rides, including electric scooters, bicycles, cars, and mopeds. The platform gathers information from 280 mobility operators across 700 cities globally, making it easier for users to find and compare various eco-friendly transportation options. By facilitating access to these shared vehicles, Cogo aims to reduce traffic congestion, enhance air quality, and combat overconsumption in urban areas, contributing to a more sustainable future for city mobility.

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 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.

volvero

Seed Round in 2021
Volvero is an app that provides access to a $200 billion market, enabling vehicles owners to earn by sharing them from one day on leveraging a secure DLT system and Big Data technologies for vehicles monitoring and users’ awareness.

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.

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.

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.

volvero

Pre Seed Round in 2020
Volvero is an app that provides access to a $200 billion market, enabling vehicles owners to earn by sharing them from one day on leveraging a secure DLT system and Big Data technologies for vehicles monitoring and users’ awareness.
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