EU-Backed Automotive Startup Accelerator Selects New Batch of Startups
Out of the 24 startups selected, three Israeli startups made the cut
EU-backed automotive startup accelerator IMPACT Connected Car has selected its newest batch of 24 startups. The startups that successfully complete the six-month accelerator program will receive €60,000 (approximately $68,000). The program will also bridge the startups with participating venture capital funds, which will give up to €200,000 per startup, according to the program’s website.
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Three Israeli startups were selected: BooksOnMap Ltd. operating under the name Mappo, Rehapp Ltd. which operates under the name SafeMode, and Make My Day Ltd.
Mappo develops a location-based digital map, which allows users to follow routes from well-known books, famous authors, and learn historical facts about landmarks.
Cars. Photo: Pixabay
Make My Day develops an app for optimizing routes for drivers according to the driver’s daily tasks by connecting to the user's calendar.
SafeMode, has developed a platform that analyzes driver behavior to provide insights and streamline the operation of vehicles in enterprise fleets.