Innovation in mobility is everywhere
With applicant start-ups in all Europe and 7 countries strongly represented (France, Germany, Italy, Spain, UK, Finland and Netherlands), the European mobility playground is a reality. Most of the Top50 start-ups operate in more than 4 countries.
Specific skills for a same target
While European start-ups in all countries are mainly focused on urban mobility (“City” is one of the most used words in the Top50 start-ups pitch) and wish to improve people’s mobility (vs mobility for goods), they address mobility issues differently depending on their culture. While Spanish and French start-ups are service-oriented (29% and 25%), Finnish and German ones foster their software skills for mobility (24% and 22%). One-third of the top 50 mobility start-ups adopt a platform approach.
Change the world in a better way
The 50 best mobility start-ups have 3 main drivers: being a mobility game changer and having a social and environmental impact. “Green Mobility”, “new energies” and “collaborative” are one the most popular topic addressed by them. They also want to make mobility easier and seamless for people , offering “MaaS” (Mobility as a Service) solutions, “Multimodality” solutions and “connected” ones.
The ecosystem, a catalyst for growth?
More advanced start-ups are in Germany and France, reaching a critical mass team to grow (more than 10 employees). It is with 4 years after launch and a team of 21 people on average that start-ups are best equipped to accelerate.
Depending on the country, start-ups require more or less time to grow and accelerate. German startups are the fastest growing start-ups (2.6 years and 11.8 employees on average) reflecting the “Rocket Internet practices” that generate significant resources in a short time at the service of identified business model, while there is for example a different approach for English startups with less people-intensive business models (3.1 years and 6.2 employees on average).
The ecosystem also plays an important role in the dynamics of startups. More than 1/2 startups have been accompanied by an incubator in Spain and France, and more than 2/3 startups in Germany.