Roman SwitchA startup that favors the plan with Fleet operation and AI, announces € 946k’s pre-marital investment round to create smart and more sustainable cities through fleet operations.
The round of this fund with € 728K equity investment and non-duo-funding funds was the top international VC investors, industrial operators and technology research centers, Magic Spectrum, EIT Urban Mobility, Berkeley Skydek Europe Milano, Sprantek Ventist, Spring Terms, Sprantek, Sprantek Europe , And Opuliasoft SRL.
This startup has been accelerated by the Milano Innovation District – Berkeley Skyidec Europe, Milano, Milano.
“This achievement reflects the growing trust of our partners and new investors who believe in our technology and our group” D Mattio FortFounder of CEO and Switch.
“In Switch, we are committed to creating smart and more sustainable cities by solving main challenges such as fleet optimization and strategic plans, demand forecasts and operational skills. This investment will enable us to invent and drive meaningful changes in our mobility and supplies, ” He added.
Established in 2022, Switch is developing AI -powered products to improve urban mobility and supplies. Its equipment helps to make the fleet operation and fleet plan smart and more efficient.
Switches’ flagship soluses, Urban Copilot and Urbrabi Biri, Real-time fleet optimization, demand predicted and provide strategic fleet planning equipment.
Switches have successfully processed more than 5 million trip across multiple countries, predicting the demand for mobility, improving operational skills and providing data-driven insights to fleet operators, as well as training the startup models.
In addition to serving Fleet operators and fleet managers, the switch is actively parting with technical agencies that produce mobility and logistic space through its AI agent to predict the demand. Currently, during the examination with multiple agencies and to be publicly launched in 2021, this technology enables AI-powered demand forecasts and seamless integration of simulations, helping to improve their solutions with all partners’ types of vehicles and specific, skillful predictions across the vertical.
The fund raising round will enable the development of its products to accelerate the development of its products and to switch to expand its effects across the logistic ecosystem. Raised resources will be used to further develop switch technology, increase its commercial presence and integrate partnership with mobility and logistics companies.
“AI mobility makes the plan dynamic, data-powered and precise, flesh resources are optimal and confirm that investments are interesting“Added Mattio Fort.
“AI scaling in mobility and logistics is needed more than strong algorithms-it demands high quality data, cutting edge research and access to proper industrial connections. Investors, including deep network in technology and mobility, not only open doors for potential partners but helps to form our go-market strategy“He finished.
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