URBAN-X, the accelerator program focused on increasing the sustainability, resiliency, and efficiency of cities, has been selected for its latest cohort.
Operating as a partnership between BMW's Mini brand and the early -day investment fund Urban.us since 2017, the accelerator has backed 51 companies which have raised over $ 100 million in the three years since its initial launch.
"Mini aims to inspire entrepreneurship, design and collaboration with innovative minds, and this URBAN-X, "said Esther Bahne, Mini Head of Brand Strategy & Innovation.
Fred Wilson, Brad Burnham, Edgar Bronfman, Jr., co-investors who have come to invest in the accelerator include: BMW i Ventures, Draper Associates, Fontinalis Partners, Ekistic Ventures, Wireframe Ventures, Fifth Wall Ventures, Samsung NEXT, Story Ventures, Kairos, UL Ventures, Mark Cuban, Point 72 Ventures and Robert Bosch Venture Capital.
Blueprint Power, which raises $ 4 million for its technology, provides energy efficiency and demand response. Roadbotics, a roadway monitoring to optimize maintenance spending for cities, utilities and construction firms, which raised $ 1
ChargeLab: an electric vehicle charging management service for businesses, utilities, individuals, and governments
19659008] CoInspect: A service that automates the entire food safety and quality management workflow for restaurants and food processing facilities.
Eva: A provider of charging stations for healthcare and emergency responders ]
Hades: The Developer of Software to Evaluate Sewer and Flood Prevention Infrastructure.
Metalmark: A new materials developer for highly efficient catalytic decomposition of air pollutants.
UsurpPower: the creator of a marketplace for sustainable finance for renewable po who generation.
"URBAN-X, Urban US and MINI are deeply committed to advancing the low carbon, resilient, high density future of our cities through technology, investment and mentorship," said Shaun Abrahamson, URBAN-X Investment Committee and Managing Partner at Urban.Us, in a statement. "Startups are critical to playing an outsized role in reimagining the core sectors of our cities – like transportation, real estate and energy – and we're thrilled to invest in this new class of creative and entrepreneurial minds."