Extra investment opportunities to start-ups incorporated in RIS countries

All over Europe, entrepreneurs are working on innovative solutions to cope with urban mobility challenges. However, circumstances differ across the continent resulting in unequal number and quality of funding opportunities for locally emerging businesses.

Through the Regional Innovation Scheme (RIS), EIT tackles such disparities by spreading its activities more evenly. More precisely, the RIS region defines a group of countries with a low performing innovation capacity. Despite the talent and entrepreneurial mindset available in such countries, change and innovation in the RIS region tend to slow down due to the conservative and risk avoiding policy making, as well as the drawbacks of engaging in an entrepreneurial career and the limited mechanisms to support start-ups.

By setting up a dedicated budget to invest in start-ups incorporated in RIS countries, EIT Urban Mobility is now contributing to the faster development of their innovation ecosystems and, more importantly, to the fundraising process of their local start-ups. As an impact investor, EIT Urban Mobility fosters positive social and environmental change across Europe, which among other things translates into paying special attention to those vulnerable innovation ecosystems.

To date, EIT Urban Mobility has invested in more than 20 start-ups from the RIS region like Mosaic from Czech Republic, Meight from Portugal, and Deeptraffic from Greece, and keeps looking for the most prominent entrepreneurs to disrupt the European mobility industry in those countries. If your company is incorporated in a RIS country seeking for capital, we highly encourage you to apply to our open investments call!

Check out EIT Urban Mobility’s investments landing page for more information or apply directly through the AwardsForce platform.

Eleven new entries to EIT Urban Mobility’s equity portfolio

EIT Urban Mobility’s equity portfolio keeps growing! During the first half of 2022, EIT Urban Mobility has invested in eleven innovative start-ups. Furthermore, four follow up investments have been made in existing companies from our equity portfolio.

The common factor between all these top-tier entrepreneurs is their impact on reshaping the mobility landscape. They are showcasing the major market trends such as sustainable city logistics, future mobility and connectivity.   

Pablo Garrido, investment manager at EIT Urban Mobility says: “Being an impact investor, we believe the best way to achieve a sustainable future is through system change, bridging a positive correlation between financial returns and social impact. Therefore, we only invest in companies that contribute to one of the Sustainable Development Goals, related to sustainable cities and communities, clean energy, and climate action.” 

EIT Urban Mobility welcomes the following ventures to its equity portfolio: 

  • Bout: a digital platform for water transportation, increasing the accessibility of maritime locations for consumers. 
  • Chainge: reduces inner city CO2, NOx, PM and noise pollution and traffic congestion by replacing delivery vans with cargo bike driven sustainable last mile logistics (LML). 
  • Cogo: an app gathering all shared scooters, bikes, cars and moped as long as they are human or electric powered, making it easy and seamless to move around cities the green way. 
  • Eccocar: a platform to launch, operate and scale digital mobility services, designed hand in hand with Rent-a-Cars, Dealers and Fleet Managers around the world. 
  • GeoFluxus: maps, analyses and predicts where, how and which materials can be saved from becoming waste. 
  • Jonna: offers quality bikes/e-bikes which they make themselves, on monthly subscriptions with insurance and service included. 
  • Luna Systems : an ‘Edge AI’ / computer vision technology, to keep micromobility vehicles safely in the correct lane and/or parking zone. 
  • Mioo : provides safety and bike (repair) services for everyday cyclists to have more people to use the bicycle as a means of transport. 
  • Solum: develops last-generation solar-backed charging stations for light electric vehicles. 
  • Transition One: retrofits light ICE cars (passengers, commercial) into electric cars. 
  • ZipForce: a portable electric motor that turns any regular bicycle into an e-bike. 

Jonna, Luna, Transition one, and existing equity start-up Nudgd have received capital as part of the New European Bauhaus programme 2022. Nudgd, nominee for the EIT Venture Award 2022, offers a digital platform using behavioural science to establish climate-friendly habits such as switching from cars to active mobility and public transportation.  

The other equity start-ups receiving follow-up investments are: 

  • Allihop: provides the first green business travel platform with direct booking capacity for trains, buses, e-cars, e-scooters and bikes.
  • Skyroads: enables advanced air mobility to scale safely and efficiently. 
  • Vonzu : empowers the digitalization in the urban distribution of goods with a last mile logistics management platform.  

Having EIT Urban Mobility as an investor has been extremely valuable for Skyroads’ journey so far. Their support has not just been monetary, but they have also provided us access to their wide business network, along with offering us multiple opportunities to grow as a start-up and increase our visibility to the world of customers, strategic partners, and other investors. Skyroads would like to thank EIT Urban Mobility for their extraordinary services and we highly recommend EIT Urban Mobility to other start-up founders

Tim Krieglstein, Co-founder & Chief Strategy Officer, Skyroads AG

Besides capital to scale, internationalise and grow, the invested ventures have now access to the largest pan-European mobility network, including cities, corporates and other European organisations such as the EIB, the EIC and the EIF. 

Is your company looking for capital? EIT Urban Mobility keeps looking for the most prominent entrepreneurs to disrupt the European mobility industry with our year-round open call for investments.  Check out the investment page for more information or apply directly via AwardsForce.  

EIT Urban Mobility partners with the Moove Lab to foster the European mobility ecosystem in France

EIT Urban Mobility and the Moove Lab are joining forces to accelerate the development of mobility start-ups. Their goal? Foster innovation in the European urban mobility landscape.

The Moove Lab is the leading mobility start-up incubator in France, founded in 2017 by MOBILIANS, the French aftermarket automotive professional association and Via ID, the new ventures arm of Mobivia. Based at Station F, the world’s biggest start-up campus located in Paris, the Moove Lab has contributed to the growth of 69 start-ups in 9 promotions, including 6 from other European countries (Netherlands, Belgium, Spain, etc.).

The main purpose of this collaboration is to support the development of the mobility start-up ecosystem in France as well as in Europe. It will open up numerous opportunities on a European scale for French mobility start-ups as well as to EIT Urban Mobility’s pan-European portfolio companies who wish to expand to the French market.

EIT Urban Mobility will choose to invest in certain early stage start-ups recommended by the Moove Lab in order to accompany them throughout their product and business development. These young companies will have access to capital of up to 500.000 euros as well as fast-track introductions to the largest pan-European mobility network. The selected French companies will now have the necessary means to deploy their solutions throughout France and Europe.

Since its creation, EIT Urban Mobility has already invested a total of 3 million euros in 32 mobility startups from 16 European countries. Thanks to the intervention and expertise of the Moove Lab, the organisation will now be able to better target the nuggets that have innovative projects with high potential for tomorrow’s mobility.

As a specialist in coaching, training and mentoring start-ups, the Moove Lab will offer its services to young companies from EIT Urban Mobility portfolio. The selected start-ups will benefit from tailored support from a team of experts from the MOBILIANS and Via ID team, offices in Station F and collaboration opportunities with the Moove Lab’s partners in order to rapidly expand on the French market. Thus, the collaboration will allow European start-ups to discover the French innovation network and eventually establish themselves there.

“We are very pleased about this new collaboration with  EIT Urban Mobility. In 5 years, the Moove Lab has become the leading acceleration programme for all start-ups innovating in mobility. This programme is well established in the long term, with a stronger presence at Station F, and this new partnership reinforces its internationalisation. As a professional organisation, MOBILIANS has a major mission to anticipate changes in mobility and accelerate innovation. Thanks to this new partnership, the Moove Lab brings together all the conditions – in terms of business, benchmarking, coaching and training – for the successful development of our start-ups.” Xavier Horent, Managing Director of MOBILIANS.

“We are particularly pleased to announce this ambitious partnership between the Moove Lab and EIT Urban Mobility, which holds promising opportunities for the French start-up ecosystem. It is clearly in line with the European development of the programme already initiated at the beginning of the year with our partnership with Business France Germany, and more generally with the DNA of Via ID, co-founder of the European Startup Prize for Mobility.” David Schwarz, CEO of Via ID

To help mobility start-ups, EIT Urban Mobility has chosen, through the Moove Lab, a partner located in a strategic place: Paris. The City of Light has become a showcase for urban mobility and a launching pad for start-ups in the field. According to the latest 2021 State of European Mobility Tech Start-ups report published by the Mobility Club report by Via ID in partnership with Dealroom, the capital is ranked in the TOP 5 of mobility start-up hubs in Europe in terms of financing. It even ranks first in terms of the number of mobility start-ups.

As a leading global ecosystem, the Moove Lab and Station F offer a unique opportunity for Horizon Europe start-ups to gain access to mobility expertise and the French market. This partnership strengthens our mission for more liveable cities by providing support, hot leads and investments for the best start-ups in our field”, says Fredrik Hånell, Business Creation Director at EIT Urban Mobility.

Finally, the goal of this partnership is also to establish the EIT Urban Mobility brand in the French mobility ecosystem. To this end, three Moove Lab x EIT Urban Mobility events will be organised over the next 18 months (conferences, workshops, networking, etc.). Keep an eye on our events calendar to hear more about them.

Meet the 10 European start-ups selected for Rocket Up 2022

The EIT Community Supernovas welcomes its 2022 cohort for its Rocket Up programme. This first year’s selection will bring pioneering ideas and business to different markets over Europe as they expand through the continent and become the leaders and role models of the future.

In the coming months, the chosen start-ups will benefit from top business and industry expert advice, tailored training, and face-to-face introductions to potential stakeholders  to internationally expand with a structured and validated entry strategy. The Rocket Up programme also includes access to the respective EIT Community with other investment initiatives and funding instruments. 

All start-ups contribute to the goals of EIT Urban Mobility, EIT Food or EIT Manufacturing to have a sustainable impact while innovating and creating economic development. Furthermore, we have paid special attention to the EIT RIS regions – countries with moderate or modest innovation scores as defined by the European Innovation Scoreboard, where we also find lower numbers on female entrepreneurship and leadership.

The complete list of participating ventures:

  • Wicow: A smart early monitoring and warning system for easy, efficient, and risk-free cattle rearing.
  • Rival Foods: Production of plant-based alternatives to animal meat, without compromising on texture, juiciness, and taste.
  • SEEMS PC: IoT and Artificial Intelligence solution to monitor, analyse and control industrial data in real time.
  • Vienna Textile Lab: Production of organic textile dyes using natural occurring bacteria.
  • Beev: Platform for searching, comparing, and contracting EVs and their financing, insurance, and charging stations.
  • HySiLabs: Hydrogen storage and transportation solution through an innovative hydrogen liquid carrier.
  • Alcyon photonics: Design of high-performance photonic devices that can be applied to integrated chips for a broad range of applications.
  • Hoop Carpool: SaaS carpooling platform for companies, universities, and city-halls by connecting people who live and work nearby.
  • Innoplant: Scientific-technological solutions for the agri-food sector and its auxiliary industry.
  • Greenroads: Artificial vision solution for traffic monitoring, visualisation, and simulation for road planning.

To follow the progress and results of the programmes, connect to our social media channels. In case of interest applying for the next open call for Rocket Up, please register here

The Scale-up programme has selected its 13 participating start-ups

Out of 100 applications, the Scale-up Programme has identified the 13 most promising start-ups with solutions for sustainable urban mobility. These companies will now take part in one of the two programme paths. 

Path A will focus on providing visibility. Path B is oriented towards the performance of a pilot within a European city which allows the start-up to showcase their solution in a real environment, in addition to the exposure benefits. Moreover, the programme will help all the selected start-ups to boost their business to the next level by supporting them in finding funding and partnerships through attendance at major European events, giving them visibility to potential investors and bringing them closer to implementing their solutions. 

Path A:

Path B:

  • Isarsoft (Germany) – Challenge 01, raised by Hamburger Hochbahn AG: Push the transport revolution by offering customers information about the occupancy of public transport vehicles in real-time by analysing the videos of security cameras.
  • CycleAI (Portugal) – Challenge 03, raised by Prague 1 Municipal District: Digital regulation: Find harmony between promoting active clean micro-mobility in cities and operating these sharing services in a way that is consistent with other users of the area.
  • SHQUARED (Germany) – Challenge 04, raised by the City of Munich: Gather insights and develop a digital B2B marketplace that brings together operators of private or commercial spaces.
  • Vadecity (Spain) – Challenge 06, raised by the City of Madrid: Implement safe and secured bicycle parking with the possibility of charging e-bikes, located at strategic points.
  • SOLUM (Spain) – Challenge 09, raised by the City of Madrid: Implement parking and docking stations for micro-mobility (bikes, e-bikes, e-scooters) of private customers or sharing companies that need users to park or charge their devices.
  • PhySens (Germany) – Challenge 11, raised by IDIADA: Design a system to be installed between the charging station and vehicle that will allow data collection, viewing, evaluation and validation of the charging process.
  • Tirn Technology (Slovakia) – Challenge 14, raised by TUSGSAL: Test an innovative solution into a sample of TUGSAL’s electric vehicle to provide insights into the state-of-charge of the buses.

The Scale-up Programme will be a gateway for participant companies to make themselves known to potential investors, customers and partners by participating in key urban mobility events in Europe, such as the Future Mobility event in Berlin, Disraptor in Prague, and the Tomorrow Mobility World Congress, part of the Smart City Expo World Congress (SCEWC22), taking place in Barcelona.

In addition, the Scale-up Programme participants will receive support services worth more than €25.000 provided by the programme partners. The Scale-up Programme is financed by EIT Urban Mobility and led by CARNET, with the collaboration of PowerHub, Fraunhofer Society for the Advancement of Applied Research, UnternehmerTUM, Technische Universität Braunschweig, Niedersächsisches Forschungszentrum Fahrzeugtechnik (NFF), Digital Hub Logistics Hamburg and the City of Hamburg, Xpreneurs, UnternehmerTUM Digital Hub Mobility.

For more information about the Scale-up Programme visit https://www.eiturbanmobility.eu/business-creation/scale-up-programme/ 

EIT Urban Mobility’s equity startup HOPU got acquired by Libelium 

HOPU (HOP Ubiquitous), one of EIT Urban Mobility’s first equity startups, has been acquired by Libelium. With its Internet of Things (IoT) solutions for monitoring air quality, noise pollution, and meteorological parameters, HOPU makes a good match with Libelium, a leading company in the design and manufacturing of wireless sensor network devices to deliver reliable IoT, M2M and smart cities solutions. The high compatibility of both companies stands for a huge leap forward in their strategy to lead the IoT market, with the intention to float the company in an initial public offering. 

Since its starting point in 2014, the Spanish venture HOPU has grown to a 40 staff company, working with over 100 cities and customers, and has more than 700 devices deployed in Europe. With the data provided by HOPU, cities get insights and suggestions on how to transform their urban spaces to create more sustainable living areas. For these reasons, EIT Urban Mobility decided to invest in HOPU in 2020. Over the years, HOPU has taken part in several of our programmes, like the Scale up programme in 2020 and Raptor in 2021, where they were the winning startup for the air quality challenge of the city of Sant Joan Despí, Spain.  

HOPU is highly competitive in their sector and has positioned itself as a valuable collaborator for large partners such as Telefónica, Suez and Signify (Philips). Besides enriching Libelium’s technological portfolio and know-how on Smart Cities, Infrastructure and Sustainability, it gives the opportunity to HOPU to expand its market outside of Europe to Central and North America.  

This successful transaction solidifies the commitment of EIT Urban Mobility towards urban mobility transformation powered by data and digitization. 

EIT Urban Mobility has invested in 35 ventures since 2020 and keeps up

EIT Urban Mobility just opened an ongoing investment call for early-to-seed stage ventures. Selected scale-ups and start-ups can receive up to €500,000 capital. More importantly, the offer goes beyond funding. Ventures will benefit from fast-track introductions into the urban mobility community via the extensive regional and pan-European network, including cities, mentors, and industry leaders. This allows start-ups to validate their solutions, network with key decision-makers and scale their company with increased visibility.

The current portfolio contains companies developing technologies and solutions which are shaping the future of the urban mobility landscape. While financial return is essential, as an impact investor EIT Urban Mobility selects ventures where social and environmental impact grows with revenue. Start-ups in EIT Urban Mobility’s equity portfolio contribute positively to at least one of the Sustainable Development Goals (SDGs) related to sustainable cities and communities, clean energy, and climate action. Based on the call for actions related to these goals, EIT Urban Mobility is linking key performance indicators to the expected impact of the start-ups to indicate their contribution to improved sustainable and liveable cities.

In addition, EIT Urban Mobility focuses on inclusive and gender-balanced teams when selecting start-ups. Research indicates that new businesses led by women are more likely to succeed and more likely to exceed expectations for growth. Since EIT Urban Mobility made inclusive and gender-balanced teams a key priority in 2020, internal reports show that the number of female-led ventures in the EIT Urban Mobility portfolio has grown from 16% to 27%, and the share of gender-balanced start-up investments has risen from 28% to 52%.  

Finally, to stimulate the talent and entrepreneurial mindset in all of Europe, EIT Urban Mobility pays special attention to start-ups incorporated in the Regional Innovation Scheme (RIS), where conservative and risk-avoiding policymaking can slow down change and innovation. 

For more information about the investment call: EIT Urban Mobility Startup Investments – EIT Urban mobility 

Discover the selected startups of the accelerator programmes 2022

Out of the 244 applications, 62 startups were selected to participate in the five thematic accelerator programmes of EIT Urban Mobility. With their wide variance of innovative ideas, the startups aim to solve challenges regarding sustainable city logistics, urban air mobility, e+mobility, energy and public realm, and 5G technologies. Together they represent various mobility subsectors – from cybersecurity and software-based products enhancing connectivity and autonomy, to hardware that shapes and visually changes the public realm.

In the next six months, the startups will receive support and training via our partner run accelerator programmes. Among other offerings, the programmes include personalised business coaching, access to investment initiatives and funding instruments, and participation in the EIT Urban Mobility community of pan-European cities, corporates, and sister organisations. 

All startups contribute to the goal of EIT Urban Mobility to have a sustainable impact while creating more liveable cities. Furthermore, they cover all European regions by coming from 20 countries. Below, grouped per accelerator programme, you can find the full list of participating ventures.

5G Turbo 

The 5G TURBO Accelerator will support 20 startups working on 5G technologies and connectivity services so that they develop technologies in the field of urban mobility. The selected startups are: 

This programme is run by: NextMove, Carnet, CTAG, Niedersächsisches Forschungszentrum Fahrzeugtechnik, Mobile World Capital Barcelona and FundingBox.  

E+ Mobility 

The E+ Mobility Accelerator has a specific focus on mobility & energy, micro-mobility, and shared mobility thematic fields to introduce these startups-led solutions in the market. 

The partners of this programme are Barcelona Activa, Carnet, CERTH, Connected Mobility Hub, CTAG, ENEA, Ferrovial, UPC and Universitat Pompeu Fabra.  

Energy and Public Realm 

The Accelerator provides support for innovative mobility solutions, focusing on creating a better public space and improving the wellbeing of residents by addressing energy- and mobility-related aspects. 

The programme partners are ZONE Cluster, PowerHUB and SpinLab Accelerator.  

Sustainable City Logistics 

This programme is for startups facing the challenges of creating more sustainable freight and goods transportation in cities and overall sustainability in city logistics. 

The consortium consists of: FutureBox, Technion Drive Accelerator, Technische Universität München, UnternehmerTum, Isbak, PoliHub, and AZO.  

UAM Plazza 

With a consortium made of international company experts in the field of mobility, aeronautics and developing urban air mobility as well as the city of Toulouse, the UAM Plazza Accelerator programme is looking for startups in urban air mobility. 

The consortium partners are Toulouse Metropole, Aerospace Valley, Carnet and Ferrovial.  

To follow the progress and results of the programmes, connect to our social media channels. In case of interest to apply for the next open call for the accelerator programmes, please register here

EIT opens call for participants in Women2Invest

Women2Invest aims at helping women start their careers in venture investment, both through training and access to funds. At the same time, it gives investors access to a group of promising women with technical background that will add diversity to their investment teams.

Women2Invest is an access and training activity aimed at helping women with STEAM university studies and no or little knowledge of investment become familiar with the fundamentals of venture capital. The training part of the activity includes a combination of masterclasses, practitioners experience, simulation of investment processes and practical work.

The ultimate goal is providing participants with a paid internship or job in a venture capital fund, a corporate venture capital fund or a corporate venturing unit. Participants will also have the opportunity to build a network of future colleagues, top-notch practitioners and key players in the venture industry. The activity is powered by Diversity VC Iberia and will run online for 8 weeks starting in mid-October 2022.

Women2Invest is looking for participants with these characteristics:

  • Recent graduates and young professionals from STEAM careers:
    • Up to 7 years after completing undergraduate & master studies
    • Up to 2 years after completing PhDs
  • Holding a passport from either one of the 27 EU member states or the eligible associate countries
  • Fluent in English
  • With genuine interest in the venture capital industry / investment in startups

The call for applicants is now open until 30 June 2022 and can be accessed here. More details can be found in the terms and conditions.

Women2Invest is part of the Supernovas programme of EIT Urban Mobility, EIT Manufacturing and EIT Food, which has the ultimate goal of increasing the presence and role of women in the EU entrepreneurship ecosystem.

In case of any questions or inquiries, please contact Ana Alcaine at ana.alcaine@eitfood.edu

Supernovas: Unleashing female’s entrepreneurship potential!

We welcome Supernovas, the new programme that thrives for an entrepreneurial ecosystem with more women!

Supernovas is EIT Urban Mobility’s new programme that, along with EIT Manufacturing and EIT Food, has the ultimate goal of increasing the presence and role of women in the EU entrepreneurship ecosystem. Participants in this programme will have access to financial support, training and networking opportunities.

This initiative has been carefully designed to tackle the existent gender-gap and reaching a balance amongst the key pieces of the ecosystem. To do so, we have built a set of activities to unleash the female potential by identifying groups of women of different ages, backgrounds and aspirations, and supporting them with specific initiatives to enter and scale positions in the ecosystem.

The 4 activities included in the programme are:

  • Startup Stairway: We identify startups and scaleups from high-tech or deep-tech fields and match them with young women from STEAM careers. We want to expose them to a startup experience early in their careers, in order to inspire them and foster their entrepreneurial spirit.
  • Rocket-up: We support entrepreneurs to entry a new European market with a solid strategy and local validation of the product and service. The goal is to have more women entrepreneurs growing and getting funded.
  • Women2Invest: We train a group of women with STEAM studies in venture investment and connect them to firms active in this space (both venture capital and corporate venture capital/venturing) so that they get an internship or job with them.
  • Women Leadership: this activity, coordinated with EIC, offers EIT community women access to a broad network, mentoring, coaching and training opportunities to take their managerial and leadership skills to the next level.

The programme is included within the Strategic Synergies Cross-KIC cluster, which has been created by EIT to support the EU’s mission to build a healthy, sustainable and inclusive Europe.

Interested in joining? Check all the information related to the activities and open calls here.

Rocket up programme

Female founders, it’s your time to rocket-up!

As part of Supernovas, the Rocket-up programme has opened a call for female-led startups to support their access to new European regions. Ten startups will be selected to participate in the activities, which will promote international outreach and sales to the most innovative ventures. The deadline for the call is 19 June 2022.

Gender balance in the entrepreneurial ecosystem has been historically poor with male founders accounting for most successful international companies. Accessing new markets can be more difficult for women due to normally having fewer connections. Through activities like Rocket-up we support ventures to achieve growth, as part of our compromise to reach gender balance in the European startup ecosystem.

Rocket-up is a 3-month programme that supports women-led startups in accessing a new country or region by connecting them with experts and networking opportunities all around Europe. We seek mature startups based in the EU or EU related countries, that add to the Sustainable Development Goals and address challenges related with EIT Urban Mobility, EIT Manufacturing or EIT Food focus areas.

The programme offers:

  • Internationalisation squad: Tailored and individual mentoring with three handpicked local experts for a new market entry
  • Organised mission: Introductions with potential stakeholders of the preferred target city
  • Online group events: Four online events with training activities, successful female entrepreneurs as speakers and opportunities for networking and connection with other entrepreneurial women.
  • EIT pan-European network: Access to the EIT network (including European cities, industries partners, investors) and financial opportunities
  • Visibility: More visibility of the startups through EIT communication channels as an EIT Community supported venture

The programme is held inside Supernovas, a project of EIT Food, EIT Urban Mobility and EIT Manufacturing, that aspires to promote a more gender balance entrepreneurial ecosystem. Applications are done via AwardsForce.

Looking for 99 female entrepreneurs in the Nordics to increase funding opportunities

Are you a female founder of an urban mobility startup? Did you know that of the €3.2 billion of venture capital (VC) invested in the Nordic countries 6% went to mixed gender founded teams, and only 1% to founding teams made up entirely of women? And these numbers are not new, they have been this low for years. Through years of experience, the founders of Position99 know that female founders are out there, they want to raise capital, and have an enormous potential to help solve our societal challenges. 

Aiming to be the reference in the market for supporting and funding gender-balanced startups, EIT Urban Mobility has recently partnered up with Position99, to identify 99 female founders in urban mobility in the Nordics and help them get access to venture capital through increased visibility and match making. 

Over the next months, EIT Urban Mobility and Position99 will give several workshops in Sweden, Denmark, and Estonia to bring more awareness about the topic and to introduce the list of 99 female founders. Follow our journey via https://www.linkedin.com/company/eit-urban-mobility  Become part of the list and apply via https://www.position99.com/en 

Research show that female founders are perceived differently, and that the VC-world is full of outdated cultures and norms. It is also a question of communication and investors seldom have the time or will to change their own perspectives. This is unfortunate since it is our firm belief that without a gender diverse innovation scene, we will not be able to solve the climate crisis”. Something which got confirmed by the theme of the United Nations Observance of International Women’s Day 2022: “Gender Equality Today for a Sustainable Tomorrow”. 

Anna Branten, initiator of Position 99

During the last two years, EIT Urban Mobility has made gender-balance a key objective when selecting startups to invest in. Since this active focus, the number of female-led ventures in the EIT Urban Mobility portfolio has grown from 16% to 27%. At the same time, the share of gender-balanced startup investments has improved from 28% to 52%. 

With this partnership we are taking the next step to give female founded startups better chances to receive funding. More than half of our investments last year were in gender-balanced startups. Although good, this is not enough, and initiatives like this will lead the way to changing the investment scene by improving visibility for female founders and the deal flow for investors“. 

Fredrik Hanell, Business Creation Director at EIT Urban Mobility