Impact Ventures
Driving connections and mobilising investments
Impact Report 2023
Using impact measurement as our guiding star, we ensure that every investment propels us towards a greener tomorrow. Explore the sustainability efforts and outcomes of dynamic companies in our investment portfolio.
Europe’s most active investor for gender-balanced startups and scale-ups in urban mobility
We want to move cities toward a more sustainable future by partnering up with startups 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 hot lead 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 to the startup Growth Lab to get access to the many opportunities we offer.
Impact Ventures by the numbers
Since the founding of EIT Urban Mobility in 2019…
350
startups supported
39
countries represented
€8.5M
capital invested
> €128M
funds raised by portfolio ventures
44%
women-led ventures in equity portfolio
48%
positive net impact score
Our activities
For every stage of your company’s journey
Accelerator programme
Early-stage startups
Get your business model validated, mentoring, tech support and market access. The programme consists of seasonal accelerators that each revolve around a specific theme related to urban mobility.
Strategic investments
Top-tier startups and scale-ups
Receive up to €500.000 in exchange for equity to help you reach Series A. Each year we award a total of €5 million to different ventures who also receive fast-track introductions and hands-on support in addition to funding.
Scale-up programme
Mature ventures
Increase your market existing presence with key introductions and matchmaking services. Programme consists of an annual cohort of coaching, networking events and procurement of international city pilots.
Cross-platform initiatives
See individual application requirements.
These are periodic programmes that are run by other divisions of EIT Urban Mobility and/or other departments within EIT. Current available initiatives include: Raptor Project, #ChallengeMyCity, Supernovas and EIT Community Booster.
Investment thesis
The characteristics of EIT Urban Mobility funding are:
- Geographic focus: Europe and Horizon Europe associated countries
- Target number of investments: 12 – 15 per year
- Target equity: 1% – 5%
- Multiple target: +5x
- Target of the initial investment: €50.000 – €150.000 (up to €500.000)
- Total fund size: €50M
- Target stage: Early-stage (post-product / early-revenue)
- Typical pre-money valuation: €2M – €15M
- 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
News & events
Blog Post: Nothing not found.
july, 2024
