Solutions in the ninth cohort of the Urban-X accelerator include platforms focused on disaster risk analysis in properties, carbon intelligence and forecasting and micro-mobility e-commerce.
Platforms dedicated to improving disaster risk analysis in properties, carbon intelligence and forecasting and micro-mobility e-commerce are among the solutions being developed by the latest start-ups in the Urban-X accelerator.
It is the ninth cohort of the accelerator, backed by automotive brand Mini and early-stage investor Urban Us, and which is focused on tackling challenges in the areas of climate change, connectivity, mobility and city living.
The eight companies will be immersed in a 20-week intensive virtual accelerator programme, during which they will receive support with customer development, product development, network-building and successful go-to-market strategies, all in preparation for fundraising.
Throughout the duration of the programme, companies have access to Urban-X’s network of global experts, including leading engineers and designers from the BMW Group, which owns Mini. It will culminate in a demo day this spring where teams will present their solutions to investors, policy-makers, customers and the general public. Urban-X’s network includes more than 100 global cities.
“In the face of a warming climate, and historic social and economic challenges brought on by the pandemic, we are proud to welcome this new cohort of startups, and we look forward to working side-by-side on their journey to product-market fit,” said Micah Kotch, managing director, Urban-X.
The list of Urban-X Cohort 09 companies are:
Builders Patch: data platform and marketplace for affordable and multi-family housing
Domatic: product that centralises AC/DC conversion at the source to pave the way for widespread solar-powered future that relies on DC
Dorothy: machine learning platform improving disaster risk analysis at the property level
Oneroof: a community building and resilience communications platform
Oonee: protected bike parking operator and ecommerce platform for micro-mobility related services
Origen: low-cost hardware for green hydrogen production for heavy-duty vehicles, industry, and for long-term back-up power
Singularity: AI- and data-powered carbon intelligence and forecasting platform
Urbio: software empowering cities and utilities to plan for and design the energy transition.
Building upon its foundation of innovating sustainable mobility for city dwellers, Mini launched Urban-X in 2016 as part of its innovation and brand strategy practice focused on improving city life. Now in its fifth year, Urban-X has 65 companies in its portfolio, with 85 per cent of companies having gone on to raise its next round of capital.
“The pandemic has not slowed urbanisation but it has revealed major opportunities to revisit some of the most persistent city challenges”
"Mini was built upon a foundation of innovating sustainable mobility for city dwellers, and today, continues to take bold steps in creating an electrified future and pushing new sustainability measures that help improve city life,” said Bernd Körber, head of Mini.
Shilpi Kumar, Urban-X venture partner at Urban Us, added: “The pandemic has not slowed urbanisation but it has revealed major opportunities to revisit some of the most persistent city challenges such as affordable housing, use of public spaces and increasing transportation options.
“The last few months have seen significant increases in global commitments to climate action. We’re excited to do our part as we begin our eighth year as a fund helping founders build startups to reduce GHG emissions and increase resilience.”
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