EIT Urban Mobility is the most active investor in European mobility start-ups in 2023 

With 62 investment rounds in 2023, EIT Urban Mobility is the top investor in European mobility start-ups according to the latest report of Via ID and Dealroom. With one exit, the current investment portfolio contains 127 start-ups and has a total value of €1bn with companies covering 29 European countries. While these innovations cover all aspects of mobility, they all have one common factor: their positive environmental and social impact on the urban landscape.  

Fredrik Hanell, Director of Impact Ventures at EIT Urban Mobility: “Impact investing means looking to the future when making decisions now. This means that we go beyond financial investments to drive meaningful and lasting change in the urban mobility sector. As the European leading impact investor in mobility, EIT Urban Mobility, looks for seeds and pre-seeds companies that already have or can have a net positive impact.” 

Prominently featured sectors in the portfolio include transport electrification, urban logistics, and mobility data management.  EIT Urban Mobility goes beyond the more traditional aspects of mobility by also investing in sectors such as waterborne mobility and behavioural change through nudging and stimulating walking.   

To measure a company’s net impact, and deliver a transparent view across specific categories, EIT Urban Mobility employs the Upright Net Impact Model, a quantification model that is based on a network summarising more than 250 million scientific articles and a taxonomy of over 150,000 product and service categories. According to this model, EIT Urban Mobility’s portfolio scores a 48% positive net impact score, significantly higher than the 40% of the control group of the Upright Benchmark. The start-up companies in the portfolio score especially high on the environmental dimension, +217% compared to benchmark.  Another strong selection point is team diversity and gender balance, resulting in 43% of the equity portfolio being women-led in comparison to the industry average of 18% according to the Report on Women Entrepreneurs in Europe. 

On top of this sustainable impact, EIT Urban Mobility has a dedicated investment budget for European economies that require more support in the sector of innovation. These regions defined by the Regional Innovation Scheme, typically have enormous untapped potential and can greatly benefit from investments in innovation and mobility. By directing resources to these areas, EIT Urban Mobility contributes to economic growth, job creation, and the development of sustainable transportation systems. 

In 2024, EIT Urban Mobility, aims to continue to enlarge the portfolio with an ongoing call for investments and their Investment Readiness Programme. This programme is designed for European start-ups in the field of urban mobility currently fundraising or planning to do so in 2025. EIT Urban Mobility’s investment strategy focuses on creating positive outcomes for both people and the planet while ensuring competitive market returns. 

Four female-led start-ups conquering new mobility markets with Rocket Up 2023

 In Europe, the need for internationalization arises early on, given the relatively small size of countries and their cultural and regulatory differences. For female-led start-ups, international growth presents additional unique challenges, resulting from limited access to funding and networks compared to their counterparts. And that´s where Supernovas, the leading female entrepreneurship support organization of the EIT, jumps in!

The Rocket Up programme, a comprehensive 15-week initiative under the umbrella of Supernovas,  offers tailored support from mentors with expertise in market expansion and strategy development, along with individualized guidance from industry experts, and valuable introductions to stakeholders.

Among the selected start-ups, we have four mobility-focused ventures in this year’s batch:

  • Go Jauntly (UK): Free, award-winning, community-based app which promotes walking for leisure, active travel and nature connection. 
  • ProperGate (Poland): Smart logistics platform for construction sites. Streamline operations, optimize resources, and drive sustainability.
  • GAYA (France): GAYA is a French smart-bikes brand, dedicated to make urban families life brighter. 
  • BitaGreen (Belgium): For healthier and happier cities, BitaGreen helps risk managers identify best locations for investment in climate-proof urban nature.

The complete batch includes the following start-ups:

1. Gaya Bike

2. Ani Biome

3. Fermata

4. Corbiota

5. BitaGreen

6. Scaled

7. GoJauntly

8. ProperGate

9. Li-tech

10. Resourcly

All participating start-ups in the Rocket Up programme are committed to the goals of EIT Urban Mobility, EIT Food, or EIT Manufacturing, aligning their efforts with sustainability and economic development.

Throughout this intensive programme, participating start-ups will achieve the following outcomes:

  • Identify the most suitable market for expansion and develop a well-defined go-to-market strategy with an actionable to-do list for successful market entry.
  • Connect with key stakeholders and potential partners to establish fruitful collaborations.
  • Expand networks through interactions with industry experts and experienced mentors providing valuable guidance.
  • Foster meaningful connections with other women-led start-ups, creating a supportive community of like-minded entrepreneurs.

Stay updated on the progress and achievements of these outstanding start-ups by connecting with us on our social media channels. For more information about the Rocket Up programme, please visit the Supernovas website.       

“For European start-ups, international expansion is vital due to the continent’s diverse countries. Yet, expanding internationally is not so easy, as it requires consideration of various regulations, languages, and cultures. Especially for women-led ventures, which are often held back by additional barriers. With the programme, start-ups will define a successful expansion strategy. The start-ups selected have shown a strong team, remarkable product innovation focusing on sustainability, and the potential for international expansion.”

Celeste Reglá, Rocket Up Programme Officer


Discover the selected start-ups of the Accelerators and Scale-up Programmes 2023

Out of 470 applications received, 86 promising start-ups were selected to participate in the seven Accelerators and Scale-up programmes, resulting in an 18% success rate for applicants. The high number of applications provides evidence of the rapid growth and immense potential of the urban mobility and transport sector. For the 2023 cohorts 21 European countries are represented in the start-ups selected. Among the selected ventures in the 2023 promotion, over 30% are led by female CEOs or founders, in line with EIT Urban Mobility’s dedication to narrowing the start-up gender gap and fostering an inclusive ecosystem. In 2022, the thematic accelerators and Scale-up programmes provided support to 74 start-ups.

EIT Urban Mobility’s Accelerators and Scale-up programmes will provide the selected start-ups with an extensive array of services and support spanning over a six-month period. This support includes personalised mentoring, enabling start-ups to tap into the expertise and guidance of professionals. Additionally, living lab testing of solutions allows for real-world validation and optimization of their innovative offerings. The programmes also facilitate valuable matchmaking opportunities with cities and industry partners, fostering collaborations and strategic partnerships. Furthermore, start-ups gain access to important industry events, enabling them to showcase their solutions, network with key stakeholders, and gain crucial visibility.

Raül Feliu, Impact Ventures Programmes Manager:

“The European transport sector has undergone significant changes driven by technology and a global shift toward sustainable and accessible choices. EIT Urban Mobility is on a mission to facilitate this paradigm shift to build a long-lasting sustainable change while supporting start-ups whose solutions provide a positive impact. Through our accelerator and scale-up programmes, we provide crucial support to early-stage companies, foster valuable connections within a unique urban mobility ecosystem, and curate a funnel of top performing companies to our investments. We aim to change the present of urban mobility while fostering innovation and entrepreneurship; This is the key to shaping a better future for all of us.”


Scale-up Programme 2023

The Scale-up Programme will be a precursor and will support 12 start-ups during 2023 with a
cross-thematic focus so that they develop and implement innovative solutions in the field of
urban mobility.

The Scale-Up programme consortium partners managing the programme are CARNET – UPC Technology Cente, Digital Hub Logistics Hamburg, Fraunhofer-Gesellschaft zur Förderung der angewandten Forschung, Technische Universität Braunschweig, Niedersächsisches Forschungszentrum
Fahrzeugtechnik (NFF), PowerHUB and UnternehmerTUM (UTUM).

Accelerate2MOVE – Future Mobility 2023

Accelerate2MOVE will provide support to start-ups generating solutions (TRL4 to TRL7) in advanced technologies and concepts that contribute to the sustainability of urban mobility, more specifically in AI, blockchain, 5G, vehicle-2-everything (V2X) and IoT.

The Accelerate2MOVE consortium partners managing the accelerator are Innovation Centre Nikola Tesla (ICENT), LMT, Ljubljana University Incubator (LUI), North-West Croatia Regional Energy and Climate Agency (REGEA), Poslovna inteligencija (BIRD Incubator) and VEFRESH.

Better Mobility Accelerator – Inclusive Mobility 2023

The Better Mobility Accelerator will be a precursor and will support 12 start-ups during 2023
with a focus on inclusive mobility so that they develop and implement innovative solutions in the
field of urban mobility.

The Better Mobility Accelerator consortium partners managing the accelerator are Impact Hub Vienna, Productized and Punkt vor Strich.

E+ Mobility Accelerator 2023

The E+ Mobility Accelerator proposal is a continuation of the EIT Urban Mobility Hub South Acceleration Programme, with a specific focus on the mobility & energy, micro-mobility and shared mobility thematic fields.

The partners of this programme are Barcelona Activa, Carnet, Centre for Research and Technology Hellas (CERTH), Connected Mobility Hub (CMH), Automotive Technology Center of Galicia (CTAG), Italian National Agency for New Technologies Energy and Sustainable Economic Development (ENEA), Ferrovial, Polytechnic University of Catalonia and Universitat Pompeu Fabra (UPF).

Energy & Public Realm Accelerator 2023

The EIT Urban Mobility Public Realm Accelerator provides support for innovative mobility solutions, focusing on creating a better public space and improving the well-being of residents by addressing energy- and mobility-related aspects.

The partners of this programme are Zone Cluster, PowerHUB and SpinLab Accelerator GmbH.

Smart Mobility – DMS Accelerator 2023

The DMS Accelerator focuses on smart and sustainable mobility so that they develop and implement innovative solutions in the field of urban mobility.

The partners of this programme are Drive TLV, MobilityXLab and Startup Autobahn, powered by Plug and Play.

Sustainable City Logistics Accelerator 2023

The Sustainable City Logistics Accelerator will support you to transform your sustainable city logistics solution from local to global.

The partners of this programme are UnternehmerTUM, Polihub, AZO, DTU Science Park’s Futurebox, TU Munich and ISBAK.

UAM Plazza Accelerator 2023

The UAM Plazza accelerator programme aims to help start-ups in the field of Urban Air Mobility boost the introduction of their solutions to the market.

The partners of this programme are Toulouse Métropole, 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.