Venture Connections x EIT URBAN MOBILITY: Impact portfolio opportunities | Europe’s future 🌟 | Special Edition

We’re excited to bring you the special edition of Venture Connections x EIT Urban Mobility Spotlight.

This initiative underscores our shared commitment to fostering a diverse ecosystem that drives innovation across all demographics, a core tenet of EIT Urban Mobility’s mission to create sustainable and inclusive urban spaces.

Together with EIT Urban Mobility and Dealflow.eu, we bring you founders who are redesigning our cities and logistics: From the energy transition to AI-driven infrastructure.

Meet the founders that are building the infrastructure of tomorrow:

🇩🇪 Germany

#PredictiveMaintenance #RailTech #DigitalInfrastructure

PANTOhealth offers a predictive maintenance platform that combines simulation, IoT sensors, machine learning, and existing operator data to forecast failures in overhead railway lines. With European rail traffic expected to double by 2030, infrastructure stress is rising while technician availability is falling - creating urgent demand for predictive solutions. Their solution reduces maintenance costs by €1,500/km while improving equipment availability and cutting downtime by up to 50%.

Co-founder Mina Kolagar brings deep expertise in power systems engineering, driving the company’s mission to modernize rail infrastructure. She leads the venture alongside her co-founders Amir Bashari and Dr. Farzad Vesali, combining technical rigor with a vision for safer, more reliable European transport networks.

Their model spans device sales (€15–100k per line) plus annual subscriptions (€50–300/km), presenting a robust recurring revenue profile. Already active in 14 countries with major rail partners, PANTOhealth is becoming a central component of Europe’s rail modernization agenda.

🇱🇹 Lithuania

#HealthEngagement #SustainableLifestyle #StepsToImpact

Founded by Vlada Musvydaitė-Vilčiauskė, a former athlete turned tech entrepreneur who launched the concept as a personal mission to blend physical activity with education. Backed by a powerhouse team with Vytautas Visinskis (Co-founder) they have successfully scaled Walk15 from a local initiative into a global SaaS platform valued at over €30M.

Trusted by 1,000+ companies and growing revenues to €2.6M in 2024, Walk15 is preparing global SaaS expansion, including Germany and the US. The platform stands at the intersection of healthtech, engagement SaaS and ESG-driven corporate benefits.

🇬🇧United Kingdom

#GreenFreight #SmartRefuelling #NetZeroLogistics

Arxax is building H2LLO™, the next-generation digital layer for refuelling: automated payments, emissions-certified reporting, and IoT-connected optimization for Europe’s heavy-duty trucks. The platform addresses fuel fraud (>20% globally), network inefficiencies, and the massive decline in Europe’s traditional fuel station network. Arxax’s ML-powered virtual reservation and automated refuelling reduce friction, costs, and fraud while improving utilisation for fleet operators.

Arxax is led by Dr.Elham Hassanzadeh, a female founder with 16+ years of executive and entrepreneurial experience in the oil & gas and energy transition sectors. Alongside co-founders Giuseppe Costanza (CPO) and Carlo Mallone (CTO) their industry background gives Arxax insider understanding of supply chains, refuelling markets, and fleet economics - allowing her to redesign fuel operations with digital-first infrastructure.

With contracts worth €870k, £660k in public grants, and presence across Italy, Germany, Poland and the UK, Arxax sits at the intersection of digital logistics, net-zero compliance, and fleet financial optimisation. Investors see a scalable fintech-mobility hybrid aligned with decarbonised freight.

🇫🇷 France

#ClimateInfrastructure #DirectCO2Data #NetZeroTech

Everimpact is building the global leader in direct emissions measurement, addressing the fundamental flaw in today’s climate reporting: most CO₂ data is wrong by ~10%, costing the shipping sector alone €100–300k per vessel annually. Their patented sensor + satellite fusion technology enables accurate, certifiable, real-time CO₂ accounting across ships, cities, forests and ports. Everimpact was recently named a winner of the pitching contest held in Barcelona by EIT Urban Mobility.

Founded by Mathieu Carlier together with Alain Retière (CTO & Co-Founder) and Jan Mattsson (Chairman & Co-Founder), a senior team of ex-UN, satellite, and climate-tech experts, Everimpact blends policy, deep tech and global climate infrastructure know-how. Their experience running satellite programs, climate funds, and carbon accounting systems gives them a unique first-mover advantage in direct emissions measurement.

Backed by Wilhelmsen, Hitachi, Japanese government funds (€800k) and scaling toward 200+ monitored vessels, Everimpact has already tripled revenue in H1 2024. The company’s HaaS + SaaS model generates €41k ARR per ship with 66% gross margins, positioning Everimpact as a first-mover in a €7.6B emissions intelligence category.

🇪🇸 Spain

#SmartRoads #InfrastructureAI #AutonomousInspection

ASIMOB replaces slow, labour-intensive and error-prone road inspections with AI-powered, vehicle-mounted, real-time infrastructure monitoring. Their software detects signage issues, lane marking degradation, pavement defects, safety barrier failures, and more, generating geolocated insights for city engineers. With deployments across Spain, the Netherlands, Canada, Brazil, and Saudi Arabia, ASIMOB is proving that infrastructure maintenance can become predictive instead of reactive.

ASIMOB is co-led by Estibaliz Barañano, General Director and Partner, bringing 24 years of experience in technological innovation, ITS systems, and service delivery. She is one of the few female leaders in the European ITS / road infrastructure AI sector. Alongside her, CTO Beñat López and CEO Ibon Arechalde form a deeply technical founding core.

For investors, ASIMOB is a scalable SaaS with global applicability as cities digitize asset management. The team’s deep experience in intelligent transport systems is paired with strong social impact: they employ neurodiverse workers for image annotation and promote women in engineering across universities.

🇪🇸 Spain

#CircularMobility #RefurbRevolution #SustainableTransport

Rhyde tackles one of urban mobility’s biggest blind spots: the carbon footprint and waste generated by the manufacturing of e-scooters and e-bikes. Their model refurbishes, recovers, and commercialises vehicles across B2C, B2B and marketplace channels, delivering up to 60% cheaper than new while eliminating e-waste and reducing emissions per kilometre from 202g to under 100g.

Rhyde is led by Erik Ojantakanen (CEO) and Sartaaj Hussain (CCO), supported by an international mobility-focused team with deep experience in high-growth startups, operations, and hardware supply chains. Their backgrounds in micromobility, marketplace scaling and fleet logistics shaped Rhyde’s obsession with circularity and unit economics.

With 600+ units sold, strong unit economics, and Spain’s leading omnichannel buyback program, Rhyde is positioning itself as the category-defining refurbished mobility brand. Investors view Rhyde as a sustainability flywheel: the more cities electrify, the more refurbished fleets become essential infrastructure.

🇳🇴 Norway

#AIMobilityPlanning #SmartCitiesData #PublicTransportInnovation

Asistobe enables cities to transition from static planning to AI-driven demand prediction, helping public transport authorities reduce OPEX by 10–25% and increase ridership by up to 12%. Their platform combines telecom mobility data, GIS, historical ridership, and machine learning to produce real transport demand modelling across entire networks. A flagship case in Bergen demonstrated €20M in annual value creation through optimized tram frequencies and reduced bus redundancies.

Asistobe’s leadership team comes from public transport operations, telecom data science, and urban mobility optimization. Founder and CEO Johan C. Haveland previously held C-level roles in Norway’s public transport ecosystem, while CTO Bjørn Sveindal has 20+ years in software and data engineering. The company’s strong female operational leadership (COO Margrethe Rasmussen) drives customer success and market expansion.

With a SaaS model (ARR €100–250k per customer), early EIT partnerships, and rapid traction across Europe, Asistobe is positioned to become the “digital brain” of mid-sized cities. For investors, it is an infrastructure-intelligence layer that scales globally as cities decarbonize mobility systems.

🇫🇷 France

#EbikeCircularity #RecommerceTech #UrbanCyclingEconomy

Neold is professionalising Europe’s exploding second-hand e-bike market with a hybrid refurbishment + retail + data intelligence model. With a central workshop in Bordeaux, OEM certifications, and a proprietary pricing algorithm, Neold delivers 50-point-checked refurbished bikes at 20–50% below new retail. The company partners with Decathlon, Fnac Darty, Zenride and leasing players, while operating both online and physical stores.

Founded by Thibault Penicaut, Neold was born from a desire to democratize access to electric mobility. Penicaut has built a specialized “remanufacturing” process that sets a new quality standard in the fragmented second-hand market, securing key partnerships with major French retailers.

With €440k revenue in 2023 (+550% YoY) and clear cost advantages in the €3B French refurb market, Neold is positioned to dominate the entry- to mid-range segment. Investors see an Upway competitor with stronger margin defensibility and multi-channel reach.

🇱🇹 Lithuania

#EVChargingInfrastructure #GridBalancing #CleanEnergyTech

Inbalance Grid solves EV charging’s fundamental bottleneck: grid constraints.Their cloud-balancing engine dynamically allocates energy across chargers, enabling installation without grid expansion, eliminating €100k+ per-site upgrade costs and reducing power reservation fees to zero. With 500+ charging points, 36k sessions in 2023, and expansion into Poland, Romania and the Baltics, Inbalance has proven its ability to scale public networks faster and cheaper.

Founded by Simonas Stankus (CEO) and Nerijus Šiaulys, the team combines deep expertise in energy systems and software engineering. Their vision is to bypass traditional infrastructure hurdles using intelligent cloud-based load balancing, making them a technical leader in the CEE charging market.

Their dual business model (CPO network + CPO-as-a-Service tech licensing) creates recurring SaaS revenue while capturing infrastructure upside. Supported by €3.8M VC and €3M venture debt, Inbalance is emerging as the key enabler for mass EV adoption in CEE and beyond.

🇵🇱 Poland

#FleetElectrification #AIDrivenMobility #SustainableFleets

VivaDrive provides a unified AI platform that helps companies transition fleets to EVs while reducing operational costs by up to 40%. Their digital twin simulates vehicles, routes, drivers, energy consumption and costs, enabling tailored EV adoption strategies and ongoing optimisation for both EV and ICE fleets. With a major national partnership (PZU iFlota), VivaDrive has access to 50,000 companies and 2.5M vehicles, rapidly scaling SaaS adoption.

Founded by Mateusz Maj (CEO), the team leverages decades of experience in product management and big data. While male-founded, VivaDrive is known for championing female leadership in the mobility sector, driving the company’s operational growth and culture.

The company is expanding into Western Europe and the US with distributor agreements and large-fleet pilots. This is an electrification-at-scale infrastructure play backed by strong traction and a clear path to millions of connected vehicles.

🇦🇹 Austria

#AudioAR #AccessibleNavigation #FutureOfWayfinding

Dreamwaves is pioneering audio-based augmented reality navigation, enabling hands-free, intuitive wayfinding that guides users by sound rather than screens. Their patented “phone-in-pocket” technology creates spatial sound points users can follow naturally — a breakthrough for cyclists, delivery workers, and visually impaired communities. The SDK model allows integration into navigation apps, micromobility services, municipal apps, and industrial workflows, unlocking subscription and API-based recurring revenue.

A diverse, interdisciplinary team led by Hugo Furtado (CEO), who holds a PhD in Augmented Reality. The leadership team features strong female positions including Liliana Calapez (CPO), an expert in UX design. Together, they blend deep tech with inclusive design principles.

With backing from major accelerators, government partners, and 1B+ global AR-capable users, Dreamwaves is positioned to become the audio layer of the AR navigation stack. This is a frontier deep-tech play with accessibility, rider safety, and urban mobility applications.

This Special Edition spotlight brings together some of the most forward-thinking founders in European urban mobility - diverse teams who are rebuilding the systems our cities run on.

From emissions intelligence to circular fleets, predictive rail maintenance, AI mobility planning, and next-generation charging, these are the ventures shaping Europe’s infrastructure for the next decade. They’re bold. They’re scaling. And they’re ready.

🚀 These teams are raising, expanding, and looking for the right strategic allies.