Startup investment
Capital for your mobility startup
EIT Urban Mobility invests in European mobility ventures to help them scale sustainable. As impact investor, EIT Urban Mobility is looking for startups offering innovative urban mobility solutions to create a more social and healthier environment in cities.
What to expect as a startup of the EIT Urban Mobility’s investment portfolio?
Up to €2M financial support
Fast-track introductions to the largest pan-European mobility network including cities, corporates and other European organisations
Mentoring and hands-on support to scale your company with increased visibility. Access to top-tier events
Access to exclusive funding opportunities to scale sustainable via city pilots, funding through innovation projects and follow-on investment opportunities
Startup financial support
EIT Urban Mobility invests in solutions that contribute positively to at least one of the Sustainable Development Goals (SDGs) related to sustainable cities and communities, clean energy, and climate action. Furthermore, EIT Urban Mobility encourages inclusive and gender-balanced teams to apply for this funding on green mobility.
Does your startup qualify for mobility financial support?
- Incorporated in EU Member State or Horizon Europe Associated Country
- Urban mobility startups in pre-seed and seed rounds
- Less than 100 employees on their payroll
Innovative product/service contributing to at least one of the EIT Urban Mobility core topics:
Investment thesis
The characteristics of EIT Urban Mobility funding are:
- Geographic focus: Europe and Horizon Europe associated countries
- Target number of investments: 10 – 20 per year
- Target equity: 5% – 10%
- Multiple target: +5x
- Target of the initial investment: €250.000 (up to €2M)
- Target stage: Seed to Series A
- Exit optionality: Preferred access to corporate acquirers and secondary sale transactions to existing shareholders
Furthermore, the following investment themes are being unified:
- Attacking large markets with global application
- Heavy data aggregation and analysis capabilities
- Innovative technologies of processes
- Social and environmental impact
Call manual
Tips for applicants
Financial support thesis
Application form
Application timeline
The Financial Support to Startups Call is open until 10 January 2025.
EIT Urban Mobility invests in European mobility ventures to help them scale sustainable.
Preliminary considerations regarding the investment instruments used by EIT Urban Mobility:
- EIT Urban Mobility provides financial support through a distinct instrument that may differ from those commonly used by other investors. This support typically takes the form of a grant awarded under the Horizon Europe framework, which is often combined with a service package component.
- For startups funded under the Financial Support to Startups Open Call, a key requirement is contributing to EIT Urban Mobility’s financial sustainability by allocating shares, with the subscription price of these shares set at their nominal value. It is important to note that both the grant and the subscription of shares at nominal value may have tax implications, which can vary depending on the country of incorporation. We strongly recommend consulting with a local tax advisor to fully understand any potential tax liabilities or obligations related to these aspects of the funding.
