Founded in 2020 in Belgium, OTIV provides a three-stage automation platform that ranges from advanced driver-assistance to full autonomy for locomotives, shunting engines, tram networks and mainline trains. The technology is already deployed with major industry players such as Deutsche Bahn, SNCF and ArcelorMittal, and forms the backbone of the largest rail-freight automation project in Europe in partnership with DB Cargo. OTIV positions its solution as a lever for productivity, safety and sustainability, noting that one automated train can replace up to 50 trucks while emitting nine times less CO₂. Deloitte’s Technology Fast 50 ranks the firm among the fastest-growing tech companies in Belgium, underscoring rapid commercial traction. With fresh capital, management plans to industrialise its autonomous systems, scale deployments and enter additional international markets. The company ultimately aims to enable 24/7 rail operations, ease labour shortages and expand network capacity. Prior to the current round, the company had raised undisclosed amounts to reach its current growth stage; no revenue or user numbers were disclosed in the article.

Total raised

$11M

Funding rounds

2

Latest round

Equity

Latest activity

Dec 2025