[Aachen, June 9, 2023] – Artificient Mobility Intelligence, a Germany-based innovative university spin-off, announced the successful closure of its ~$0.5 million pre-seed funding round. This investment will accelerate the launch of their groundbreaking computer-vision-powered smart driving app, aimed at empowering safer and greener mobility solutions.
Artificient Founding Team
Leveraging cutting-edge automotive AI technology developed through university research at Europe’s leading automotive engineering institute, Artificient has developed a vision-based telematics app with proprietary safety and sustainability solutions, enabling drivers to prevent road accidents, reduce carbon footprint, you and save on insurance costs.
The round was led by Lifetime Ventures, a Japan-based pre-seed/seed VC firm investing in exceptional founders addressing global issues around human and planetary health. Existing investor APX, a Berlin-based VC backed by Axel Springer SE and Porsche AG, and Travenco & Friends, angel investors specializing in Medtech, Bioscience, and automotive technologies, also participated in the round.
Lifetime Ventures’ strategic partnership with Okinawa Institute of Science and Technology Graduate University (OIST), Asia’s leading scientific research institution, opens up exciting collaboration opportunities for the future.
“Behavioral analytics in driving remains lacking or inconsistent in many parts of the world. Artificient, with its expert founding team and advanced technology, enables real-time vision data processing, empowering any mobility-related firm to provide safer and greener solutions, aligning physical, financial, and environmental well-being,” says Koshu Kunii, general partner of Lifetime Ventures.
The new investment will support Artificient’s launch of their smart driving app product, GIZO, in partnership with their initial batch of B2B partners across Europe and Asia. The university spin-off startup has received support from the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and the European Institute of Innovation and Technology through public innovation grants.
About Artificient Mobility Intelligence:
Artificient Mobility Intelligence is a university spin-off based in Germany, emerging from Europe’s leading automotive engineering institute at RWTH Aachen. The company specializes in cutting-edge automotive AI technology. Their mission is to provide safer and greener mobility solutions through innovative safety and sustainability solutions.