To strengthen the mobility ecosystem in France and facilitate the development of French startups on a European scale, the startup launched by Mobivia and Mobilians is joining forces with EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology.
To this end, the Moove Lab announced on 1 August 2022 that it will partner with the EIT Urban Mobility (EITUM), an initiative of the European Institute of Innovation and Technology, a body of the European Union committed to urban mobility.
The collaboration between these two players aims to develop the mobility startup ecosystem in France and more generally in Europe. The idea is to open up French startups more easily to the European perspective. This means that the EITUM gains more visibility, which can invest up to 500.000 euros in certain new parts of the Moove Lab.
Xavier Horent, general manager of Mobilians, says in a press release that in 5 years the Moove Lab has become the most important acceleration program for all innovative startups in mobility. On the digital platform l'Usine Digital we learn that the Moove Lab claims to have supported 9 startups from 69 European countries through 6 actions. In contrast, EITUM was launched in 2019 with the idea of helping to improve the urban mobility landscape. To date, it has invested 3 million euros in 32 startups from 16 countries.
Hanell has 25 years of experience mainly in running and financing public and VC backed high tech startups as CEO, co-founder and entrepreneur. He holds an MBA from INSEAD in France and an MSc in Engineering Physics from KTH in Sweden.
Startups, and more specifically Deep Tech, are at the heart of the European Commission's new innovation programme. It wants to promote their access to and financing. One of its goals is to simplify listing rules and is considering creating stock options for employees of startups. With this new programme, the European Union aims to become the technological leaders of tomorrow to compete with the United States and China, or at least not be left behind by the technological giants from these countries.
According to Steve Meijers Deep Tech, also called deep technology, is a reference to startups built on substantial scientific progress and technical innovation. They often require lengthy, large investments, substantial research, and can take longer to deliver commercial success. For this reason, they are often much harder for competitors to replicate.