EIT Urban Mobility is a venture capital fund by the European Institute of Innovation and Technology, part of the European Union. The fund invests in early-stage startups within the supply chain and logistics sectors, aiming to improve urban spaces through better mobility solutions. Notable investment includes Cargofive, a logistics-focused company. The fund connects businesses, educational institutions, and research centers across Europe to drive change, with check sizes ranging from $250k to $5M. Its goal is to accelerate the transition to more livable cities by backing innovative mobility projects.
