The funding round was led by Loggerhead Ventures, Sporos Platform, Moro Global, and imec.istart, prominent investment organisations focusing on climatetech, sustainable innovation, and smart mobility.

Mobito leverages data from over 8 million connected vehicles, offering GDPR-compliant, high-frequency, high-precision geospatial data streams to public and private sector stakeholders, without the need for hardware installation. Its solution has already been applied in areas such as traffic optimisation, road safety, infrastructure management, and strategic planning of charging and retail networks.

This investment will enable the Mobito team to accelerate the development of its platform and scale the Mobito Data Marketplace, which aggregates data from multiple sources to deliver complex, real-time analytics.

“Our mission is to simplify mobility data usage and establish Mobito as a leading provider of data and intelligence in the rapidly evolving smart mobility sector. Our solutions support advanced use cases such as traffic management, strategic infrastructure planning, and the operation of connected transport services. Through them, our mission becomes a catalyst for safer, more efficient, and more sustainable transportation. With this funding, we’re accelerating our growth – strategically investing in our technology and expanding into key European markets,” said George Cambanis, Co-founder & CEO of Mobito.

Dr. Evangelos Kosmidis, CEO & General Partner at Loggerhead Ventures, stated: “Mobito plays a crucial role in building data-driven solutions for more efficient and sustainable urban mobility. At a time when European cities are called upon to reduce emissions, improve road safety, and design smarter infrastructure, access to high-quality mobility data is no longer a luxury; it is essential. When used effectively, data has the power to simplify complexity and create large-scale impact, and that’s exactly what Mobito delivers. With a scalable, hardware-free solution, Mobito provides stakeholders with the right tools at the right time to accelerate the transformation of transport toward a more sustainable future in Europe. Above all, what impressed us most is the Mobito team itself – a combination of technical excellence, strategic foresight, and execution capability that gives us full confidence in their ability to lead this transition on a European scale.”

Dimitris Simos, CEO & Founding Partner of SPOROS Platform, added: “At SPOROS Platform, we invest in companies that create positive impact and offer solutions to today’s pressing challenges. Mobito is at the forefront of vehicle data technology, with applications that promote sustainable mobility, transparency, and the transition toward smarter, greener cities. We believe their approach can accelerate circularity and collaboration across the mobility ecosystem, and we’re proud to support their mission.”

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