As the European Union wants to ban the sale of thermal cars from 2035, EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union, is investing in the startup Beev, an electric vehicle comparator.
As part of its partnership with the Moove Lab, the EIT Urban Mobility is investing in the French startup Beev in order to support them to deploy on a European scale.
Since its foundation in 2019, the EIT Urban Mobility (with the mission to encourage positive changes in order to transform and improve the urban mobility landscape) has already invested 4 million euros in 45 mobility startups from 16 European countries.
In August 2022, the EIT Urban Mobility and the Moove Lab (reference accelerator for mobility startups located at Station F), announced their collaboration in order to develop the ecosystem of mobility startups in France and Europe. It allows to open up many opportunities for companies in the European portfolio of the EIT Urban Mobility who wish to develop on the French market, but French companies on a European scale.
A French start-up with a European vocation, Beev is an electric vehicle comparator bringing together all the offers available on the market. A reference for many experts, users can find the vehicle best suited to their needs and can obtain advantageous prices already negotiated thanks to the startup’s various partners. Co-founded by Chanez Djoudi and Solal Botbol, this real-impact startup supports cars drivers in the energy transition.
In addition to the fundraising carried out by Beev at the start of the year, this investment of 185 K euros from EIT Urban Mobility confirms that the startup is responding to a problem on a European scale.
Keren Beit-Cohen, Head of Strategic Alliances at EIT Urban Mobility, says: “Although still at its beginning, Beev is already showing a promising growth rate and is highly valued by its users. Its services clearly enable a faster transition to vehicle electrification. Operating in a growing market that we urgently need to support, Beev has a significant financial, social and environmental impact and we are proud to be part of its development.”
In addition to its investment in the company, EIT Urban Mobility will support the Beev team in its pan-European expansion. It will thus ensure its access to the strong network of industrial partners, mobility experts, talents, local incubators, investors, and the entire ecosystem in the broad sense of the EIT Urban Mobility. Clément Guillemot, Program Manager of the Moove Lab, says: “The partnership concluded between the Moove Lab and the EIT Urban Mobility aimed to enable French startups to benefit from their powerful support. This investment in Beev, a Moove Lab alumni, who is at the heart of the transition to more sustainable mobility, is the most striking demonstration of the relevance and effectiveness of this partnership!”
About the Moove Lab
Born from the meeting between Mobilians and Via ID, the Moove Lab aims to accelerate the development of mobility startups. For 6 months, it offers tailor-made support from a team of experts and opportunities to collaborate with its leading mobility partners. All at Station F, the largest startup campus in the world located in Paris. Since 2017, nearly 70 mobility and autotech startups have been accelerated by the program. The Moove Lab is supported by leading partners: BMW Group France, Bridgestone, Cofidis, Roole, GEMY Automobiles, bee2link, BCA Expertise, Opteven, CETRI, ANFA, OPCO Mobilités and NextMove.
Beev is a multi-brand electric vehicle comparator. It offers to connect car buyers and sellers and offers individuals advantageous prices thanks to its network of partners. It also offers LLD financing solutions and support for the installation of terminals.