EIT Urban Mobility
Carrer de Pamplona, 104, Barcelona, Catalonia, 08018, Spain
Overview
EIT Urban Mobility is an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union. Europe’s leading community for impact-driven start-ups and scale-ups in urban mobility We want to move cities toward a more sustainable future by partnering up with start-ups and scale-ups like yours. Our Impact Ventures division gives you access to funding and support channels to deliver financial, environmental and social impact on the urban landscapes around us. Our tools are: Funding through grants and equity investments, Knowledge and training through partner-led programmes, networking and introductions through dedicated support to our equity portfolio companies Our investments provide you with a boost on your growth journey, and our network connects you with the right stakeholders in the public policy sector — on a regional, national and European-wide scale — to put your company on the map and bring your urban mobility services to the people who need it the most. If you’re like us and have a drive to shape the cities of our future, join our community of engaged and esteemed impactful ventures by applying for one of the many different programs we offer.
- Total investments
- 12
- Lead investments
- 2
- Investments · 12mo
- 6
- Active investors
- 8
Sector focus
- Autonomous Vehicles
- Electric Vehicle
- Fleet Management
- InsurTech
- Last Mile Transportation
- Predictive Analytics
- Public Transportation
- Ride Sharing
Investment portfolio
- NexDash
Led · Series A · Jun 2026
NexDash acquires established mid-sized trucking companies and transitions their diesel fleets to electric vehicles while operating them through its proprietary AI platform, NexOS. The startup is a spinout of Platform Horizons (P6N) and was founded by Michael Cassau, former founder and CEO of Grover. Its stated plan is to scale electrification fleet by fleet and route by route across Europe, beginning with its first acquisition, March Transporte in Rheinbach (NRW). The company is partnering with EIT Urban Mobility, which invested €2.5 million as a pre-Series A commitment to support expansion and conversion of fleets. NexDash aims to leverage the investor’s pan-European ecosystem to accelerate adoption of zero-emission freight and strengthen supply chain resilience. Financial metrics such as revenue or user counts were not disclosed in the reporting.
- NELSON
Participated · Seed · May 2026
Founded in 2022, Nelson provides a modular software stack for fleet electrification including electrification planning, charging infrastructure management, total cost of ownership calculation and charge piloting. The platform ingests trajectories, fuel and charging sessions to build simulations and digital twins that compare electrification trajectories and infrastructure policies. Nelson reports commercial traction with around fifty clients and says it pilots roughly 50,000 vehicles across thermal and electric fleets, and that its revenue tripled in 2025 (no absolute figures disclosed). The team is compact (reported between 11 and 50 employees) and was co-founded by Alfred Richard (CEO), Inès Multrier and Octave Locqueville (co-CTOs) and Julien Bou Abboud (COO). The company targets scaling commercially in France and Europe and aims to manage 100,000 electrified vehicles by 2030. Nelson emphasizes a vendor-neutral position: it does not sell vehicles or chargers but offers decision orchestration between manufacturers, lessors and charging providers.
- R3 Robotics
Participated · Series A · Feb 2026
R3 Robotics, newly rebranded from Circu Li-ion, builds a dismantling platform that combines computer vision, artificial intelligence, and specialized robotic tooling to automate the disassembly of lithium-ion battery packs, e-motors, power electronics, and other electrified vehicle subsystems. The technology is designed for continuous, high-throughput industrial environments, reducing labor costs and minimizing human exposure to high-voltage hazards. By creating clean feedstock for recyclers, the company targets a critical bottleneck in Europe’s push for secure, domestic supplies of strategic raw materials under regulations such as the EU Battery Regulation and Critical Raw Materials Act. R3 Robotics is already piloting its solution with Fortum Battery Recycling and directly processes end-of-life battery systems for automotive OEMs. The long-term vision is to enable fully automated, system-level EV disassembly, turning end-of-life vehicles into sources of reusable components and critical materials. To support this expansion, the firm has appointed former KUKA CEO Peter Mohnen to its advisory board. Financially, the company secured €20 million in fresh capital—€14 million in Series A equity and €6 million in European grants—to industrialise its platform and scale deployments across Europe.
- Luna Systems
Led · Seed · Jan 2026
Founded in 2020 out of Dublin City University, Luna Systems builds vision-based Advanced Rider Assistance Systems that combine rear- and forward-facing cameras with on-device AI to deliver collision warnings, blind-spot detection, headway monitoring and post-ride incident mapping for bicycles and motorcycles. The company initially deployed its technology on shared e-scooters, but pivoted to consumer cycling and OEM integrations after the scooter market contracted. Its first consumer rear-camera product will launch later this year, while a dual-camera system for bike and motorcycle manufacturers is slated for 2026. Luna’s platform processes video at the edge, blurring faces and licence plates to preserve privacy while interpreting risk in real time. Future features include “reverse blind-spot” detection to warn riders when they are hidden from surrounding vehicles. The company targets commuter, enthusiast and cargo-bike segments first, using direct-to-consumer sales to gather data and iterate before scaling through OEM partnerships. The recent €1.5 million financing extends hardware development and supports European distribution, but no revenue or user figures have been disclosed.
- Inbalance grid
Participated · Equity · Jan 2026
Founded in 2019, Inbalance grid builds and operates a public EV-charging network across Lithuania and is actively expanding into Poland, Latvia, and Estonia. The company also designs and sells its own charging stations and backend management software, giving it both infrastructure and product revenue streams. Management has signed agreements to add more than 100 new locations and reports steadily rising charger utilisation as regional EV adoption accelerates. Beyond network roll-outs, the team plans to channel fresh capital into technology upgrades, new product functionalities, sales growth, and internal process scaling. Prior to the current round, Inbalance had secured €6 million in venture capital and issued a €2 million bond (oversubscribed 1.7×) to finance fast-charging sites. Existing backers such as Coinvest Capital and EIT Urban Mobility have continued to re-up, signalling confidence in the firm’s execution and growth trajectory.