Israeli company Mobileye – which develops driver-safety tech solutions and supplies technology for self-driving cars – was recently valued at about $8.4 billion after debuting on the New York Stock Exchange.
It’s reportedly the largest US IPO by an Israeli company to date.

With the big news, we thought it would be appropriate to put a spotlight on emerging automotive tech projects coming out of the European tech ecosystem (a good read about the opportunities in this particular category can be found here). Important note: we’ve decided to leave out startups that operate on the fringes of that category, including transportation and delivery technology companies. That’s for another day.

On that note, here’s 10 Europe-born automotive technology startups to watch for (in no particular order):

1) Rimac Automobili

Rimac AutomobiliHeadquarters: Sveta Nedelja, Croatia

Gist: Founded by Mate Rimac, 26, in 2009, Rimac Automobili develops and produces electric super cars. In 2012, the company – which is gearing up for an 8 million euro investment – announced that one of its “test mules” broke several world acceleration records.

2) Carwow

carwowHeadquarters: London, UK

Gist: Carwow started as “a research site making car choosing easy” but has since shifted to helping users with the whole car-buying process. Founded by James Hind, Alexandra Margolis and David Santoro, the startup raised a £1.3 million seed funding round led by Balderton Capital in February.

3) High Mobility 

High MobilityHeadquarters: Berlin, Germany/Tallinn, Estonia

Gist: Tech startup High Mobility, founded in 2013, wants to change the way people interact with their cars. Last year, it unveiled a small connectivity device, which is to be installed at by the dealership or manufacturer, that aims to let users control car features within close proximity.

4) Cloud Your Car

Cloud Your CarHeadquarters: Wrocław, Poland 

Gist: Founded by Patryk and Anna Szymczak, Cloud Your Car offers a tool for small businesses to monitor and manage company cars for small businesses. The startup, which launched its core product Car Beacon earlier this month, has received about $435,000 in funding.

5) Autotalks 

AutotalksHeadquarters: Kfar-Netter, Israel

Gist: Didn’t think cars could “speak” to each other? Think again. Founded by Nir Sasson and Onn Hara in 2008, Autotalks has developed a technology which it claims can predict the chance of accidents, enabling vehicles and traffic infrastructure to communicate with each other through electronic messages.

6) MyBus

mybus_logoHeadquarters: Berlin, Germany

Gist: MyBus, a startup spun off from the Technische Universität Berlin and currently part of Startupbootcamp’s Smart Transportation & Energy programme, offers a cloud-based fleet management and passenger information system for public transportation.

7) ClickMechanic

ClickMechanicHeadquarters:  London, UK

Gist: ClickMechanic, which participated in seed investment programme Entrepreneur First in 2012, is an online marketplace aiming to connect consumers with car mechanics. At the moment, the service is available across the UK.

8) Prismattery

PrismatteryHeadquarters: Tallinn, Estonia

Gist: The five-person team behind Prismattery, a startup spun-off from the Tallinn University of Technology, is currently part of Startupbootcamp’s Smart Transportation & Energy programme. Their main product is an electric vehicle data monitoring tool, which displays battery info, routes and more.

9) Automile

AutomileHeadquarters: Stockholm, Sweden

Gist: Founded by Swedish serial entrepreneur Jens Nylander in 2013, Automile aims to connect drivers with their vehicle’s data. The startup offers a hardware-software system for both individuals (for free) and small businesses (from 10.50 euros per vehicle per month).

10) Harken Project

Screen Shot 2014-08-21 at 12.37.11 PMHeadquarters: Europe

Gist: While not exactly a startup, we thought this tech project, which was partially funded by the European Union and involves a consortium of companies, was worth noting. Harken (short for Heart And Respiration in-Car Embedded Nonintrusive sensors) is a project developing sensors to be used to detect driver fatigue and thus prevent fatigue-induced car accidents.

Any particularly interesting European automotive tech startups we missed? Let us know.

Featured image credit: Kekyalyaynen / Shutterstock

  • Piotr Płachta

    Charmaine, Thank You for mention us :) Best regards – Team

  • Nebojsa Lazic

    What about – simple, no BS, cloud based car security startup? They’ve been picked up by TopGear and other hi profile media and are rapidly growing.

  • Eleftheria Karyoti

    Autotalks, Harken, Rimac. Boom!

  • Bruce_Mc

    For a moment I thought “Jist” was the name of one of the companies. Then I realized that you are misspelling the word “gist.”

    • Daaaayyyumm. thx, fixed now.

      • Marc C. Lange

        While your at it: “While not exactly a startup, we thought this tech project, which was partially funded by the European Union and involves a consortium of companies, was worth nothing” -> noting? (;

  • Belgium is there too with Keyzee. Virtualizes any vehicle key. Owned by D’Ieteren, powered by Productize tech. Quite promising imo.

  • Piotr Płachta

    We have just run the online ordering :)