Mobility in Europe has seen a significant transition, driven by the need for sustainable and innovative transportation solutions. European startups are playing a crucial role in this transformation, leveraging cutting-edge technologies and new business models to create efficient, eco-friendly mobility options that cater to the needs of modern society.

New electric car registrations reached nearly 3.2 million in 2023, increasing by almost 20% relative to 2022. This transformation is not just about new technologies, but also about rethinking how we move and how transportation systems can be integrated to serve both people and the planet better. Electric vehicles, hydrogen-powered transport, and zero-emission delivery services are becoming more prevalent and supported more and more by government investments and incentives.

Other trends include shared mobility services, autonomous driving, and the integration of AI and IoT technologies, all of which are transforming the landscape and making transportation smarter and more connected. In this article, we spotlight 10  European startups leading the future of mobility. From Barcelona to Berlin and London to Oslo, these companies are driving innovation in this fast-paced sector

Cafler: Based in Barcelona, Cafler provides car users with on-demand services at home, such as car washing, maintenance, and fueling. Additionally, through its partners, it offers insurance, car rentals, parking, and car buying/selling services.  Their mobile app allows consumers to access these services, enhancing convenience directly. Founded in 2021, the company already operates in more than 3 countries, serving more than 100.000 users, and more than 1.000 partners in its ecosystem. Cafler has raised close to €10 million since its inception.

Cosmobilis: Based in Paris, Cosmobilis offers diverse mobility solutions including online driving licenses via En Voiture Simone, flexible car rentals through UCAR Mobility Group, and access to new and used vehicles with BYmyCAR. They boast 675 distribution points across France, Switzerland, Spain, and Italy, serving over 2 million customers. Founded in 2021 they have raised €100 million to support their mobility solutions.

Dance: Based in Berlin, Dance offers an e-bike subscription service that covers bikes and provides an all-inclusive support package, including a bike concierge, maintenance, and theft replacement insurance. Their goal is to make e-bikes the primary mode of urban transportation, transforming commutes into a more enjoyable experience. Founded in 2020, Dance has raised €67.5 million to support its mission of promoting e-bike usage in cities. They are available in Berlin, Hamburg, Munich, Paris, and Vienna, with more cities coming soon.

Destinus: Based in Switzerland, Destinus is revolutionizing transcontinental travel with hypersonic aircraft using hydrogen fuel to shorten travel times and create new routes. Founded in 2021, the company has raised €54.08 million for high-speed, sustainable aviation. Destinus specializes in autonomous flight systems for civilian and defence applications, focusing on system design, airframes, turbojet engines, flight software, and AI. Their mission is to protect, explore, and connect the world through innovation in autonomy and speed.

Fin: Based in London, Fin provides zero-emission, sustainable parcel delivery and logistics services for e-commerce brands. Their all-electric fleet handles middle-mile deliveries. Founded in 2022, Fin has raised €14.81 million to promote greener logistics solutions. Their services include eco-friendly deliveries, warehousing as a service (WaaS), and seamless integration for clients, serving the e-commerce, retail, and logistics industries. Fin aims to reduce costs, increase delivery speed, and eliminate carbon emissions, making cities more livable.

HysetCo: Based in France, HysetCo is a pioneering hydrogen mobility startup based in France that supports customers in transitioning to zero-emission. They offer a comprehensive package that includes hydrogen vehicle rental, insurance, maintenance, and fuel, targeting professionals like taxi services. HYSETCO also operates the first network of hydrogen distribution stations in France, open 24/7. Founded to advance sustainable transport, HYSETCO combines reliability, simplicity, and customer satisfaction in their services, contributing significantly to the growth of hydrogen mobility in the region.

Qargo: Based in London, Qargo maximizes the efficiency and profitability of logistics businesses with a cloud-based Transport Management System. Their intuitive solution optimizes workflows from order to invoice, reducing admin busywork and saving time, money, and effort. It accelerates order entry, minimizes errors, and provides real-time visibility of trips and equipment. Founded in 2020, Qargo has raised €18.66 million to enhance logistics efficiency.

REVEL: Based in Madrid, REVEL is a digital native car leasing company specializing in flexible leasing services for individuals. They offer customizable leasing options to fit various needs, making car ownership more accessible and convenient. Sustainability is a fundamental pillar of the company, which is why REVEL provides significant access to electric vehicles through its platform. Founded in 2020, REVEL has raised €116 million to provide flexible and modern car leasing solutions.

STILRIDE: Based in Stockholm, STILRIDE is pioneering industrial origami and the power of the curve to reshape the future of mobility. Their unique STILFOLD technique, developed from sketching an electric vehicle to folding it in steel, results in sustainable and aesthetically pleasing electric vehicles. Founded in 2020, STILRIDE has raised €8.96 million to further their development of eco-friendly mobility devices.

Sunswap: Based in Leatherhead, Sunswap aims to decarbonize the cold chain with its electric, battery, and solar-powered transport refrigeration unit, Sunswap Endurance. Their technology helps logistics firms and food retailers eliminate emissions, reduce costs, and achieve sustainable zero-carbon supply chains. Founded in 2020, Sunswap has raised €12.8 million to help companies reduce diesel pollution and costs, supporting the decarbonization of transportation.

By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!

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• Source: https://www.eu-startups.com/2024/06/driving-evolution-10-european-startups-transforming-mobility/