Posts Tagged :


IMPACT Connected Car launches its first open call with €2.1 million equity-free funding for SMEs and startups 1024 535 IMPACT Accelerator

IMPACT Connected Car launches its first open call with €2.1 million equity-free funding for SMEs and startups

IMPACT Connected Car launches its first open call with €2.1 million equity-free funding for SMEs and startups

  • IMPACT Connected Car sets out to support, connect and fund companies that offer to disrupt the emerging market of the connected car, expected to reach €141 billion globally by 2020
  • Wireless electric charging, hacker-protected cars, smart driving and zero-emission transport are some of the innovative concepts brought forward by pioneering companies who have been preselected to join the initiative.
  • In the next couple of years, over 60 SMEs and startups will join the IMPACT Connected Car program and receive up to €60,000 equity free as well as expert mentoring and support
  • Top performing companies will have the opportunity to receive additional private funding of up to €200,000 from prominent venture capital funds

IMPACT Accelerator launches the first call of IMPACT Connected Car, a new program led by FundingBox and ISDI.

Over the next five years, the connected car is expected to disrupt the entire automotive ecosystem and the consumer market. 220 Million cars are expected to be connected by 2020, representing a €141 billion business opportunity.

With a fund of €2.1 million, IMPACT Connected Car will help SMEs (small to medium enterprises) and startups to capture this business opportunity. It will identify companies that will lead the creation of new value link-chains in the Connected Car OpenSpace, with vehicle, infrastructure and device interactions as well as consumer and business services.

IMPACT Connected Car has support from a wide range of partners

About IMPACT Accelerator

IMPACT Connected Car is funded by the European Commission, under the INNOSUP Initiative. It builds on the legacy and expertise of the IMPACT Accelerator, which invested over €7 million in 78 startups from 2014 to 2017. IMPACT has recently been named among the global top ten in Gust’s Global Accelerator Report, after evaluating 579 programs from five continents, and has been selected as the number two seed accelerator in the European Accelerator Report.

The current open call will be receiving applications from connected car startups and SMEs until January 10th, 2018. During this period numerous infodays will be organised across Europe, as well as online, in order to give applicants a deeper understanding of the program and the application process.

Benefits of IMPACT Connected Car

By March 2018, the best 13 companies will be selected to enter the 3-stage smartization program, upon the completion of which they will receive up to €60,000 equity free funding. Top performing startups will have the opportunity to receive additional private funding of up to €200,000 from participating venture capital funds.

As in other IMPACT programs, funding will go hand-in-hand with a high-performance training program in which renowned experts and international entrepreneurs will deliver practical classes across Connected Car Hubs and partners facilities. In addition, entrepreneurs will have access to an international network of more than one hundred recognized mentors, founders, and investors who are experts in different key areas of knowledge, both in the digital sector and in the automotive industry.

The selected companies will showcase at top international events organised over the course of the year by 4YFN and Mobile World Capital Barcelona. They will specifically benefit from the support and expert advice of industry leaders, namely Federation Internationale de l’Automobile, Ferrovial Servicios and PSA Peugeot Citröen, and that of leading clusters and research centres including PARP and the 5 connected car hubs: CTAG, Mov’eo, INSERO, LPNT and Autoklastr. Technical support and access to smart open source software will be facilitated via the FIWARE Foundation.

Pioneer Success Cases

To inspire companies in the industry, IMPACT Connected Car has preselected 4 pioneering connected car companies that are already making an impact on the emerging value chains in their respective sectors:

  • Argus (Israel) offers advanced cyber security systems to protect connected cars from hackers
  • Botcar (Spain) delivers high compatibility smart driving and monitoring solutions
  • Hevo (The Netherlands) has developed an innovative wireless charging experience for electric vehicles
  • Little (Spain) brings affordable small-sized zero-emission transport concepts to life
Little Electric Cars is the first provider of electric cars in Spain, and a pioneer success case in IMPACT Connected Car

Apply now

Interested SMEs and startups are invited to apply to enter the IMPACT Connected Car program here by January 10th, 2018.

IMPACT Connected Car has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 731343.

Even more IMPACT

Liked this post? Subscribe to our newsletter and stay on top of the latest IMPACT news. Open calls, job postings, opportunities for startups, and more!

IMPACT Growth announces the 14 startups selected for funding and acceleration in its first open call 1024 683 IMPACT Accelerator

IMPACT Growth announces the 14 startups selected for funding and acceleration in its first open call

IMPACT Growth announces the 14 startups selected for funding and acceleration in its first open call

  • Each of the selected startups will receive at least €100,000 in equity-free funding, alongside acceleration and mentoring services
  • More than 1,900 startups from 60 countries have participated in the first call for startups by the IMPACT Growth accelerator, offering a total of €3.6M in equity-free funding
  • The program will select another 14 startups during its second call, due to be launched on 5th September 2017

IMPACT Growth, the startup acceleration program led by FundingBox and ISDI and backed by leading accelerators, venture capital entities and global brands, has announced the names of 14 startups selected within its first open call. These startups will receive, in the first stage, a minimum funding of €100,000 equity-free.

GymCraft, FASHION CLOUD,, YerbaBuena VR and Clarity have been selected under the Smart Content vertical, which received 41% of the applications and is led by DOCOMO Digital. In the Smart Cities and Infrastructures category, supported by Ferrovial, the selected startups are XapiX, Stratio Automotive and Watcher. For the Smart Agrifood division, led by Danone, the chosen startups are FruitsApp,, RezGuru and Farm Dog. Finally, Autonomous Manufacturing and INSYLO are the selected startups in Smart Manufacturing, partnered with MADE.

  • GymCraft (Spain) connects any fitness device to its virtual reality exercise game platform through PC or mobile, and lets the user dive into exciting 3D online worlds.
  • FASHION CLOUD (Germany) is the leading content exchange platform in the fashion industry.
  • (Denmark) provides dynamic pricing for bus transportation.
  • YerbaBuena VR (United States) delivers next generation real-time 360 live streaming distribution platform for Virtual Reality optimized for any available bandwidth.
  • Clarity (Spain) is a SaaS tool to understand social impact of investment portfolios.
  • XapiX (Germany) makes it easy for developers to engage with open data to prototype smart city solutions.
  • Stratio Automotive (Portugal) turns automotive maintenance into an exact science, making the unpredictable predictable.
  • Watcher (Denmark) is the digital hub for the connected family.
  • (Spain) delivers grocery shopping in 1h.
  • Farm Dog (Israel) is keeping fields safe from pest and disease.
  • Autonomous Manufacturing (United Kingdom) develops an enterprise cloud platform that automates production for industrial 3D Printing using AI.
  • INSYLO (Spain) is an IoT Supply chain platform for the animal feed industry.
  • FruitsApp (Italy) is an intelligent B2B marketplace for fruit and veg companies.
  • RezGuru (Denmark) offers predictive analysis and dynamic pricing for restaurants to increase profits & reduce food wastage.

In addition to the initial funding of €100,000, two of the selected startups will each receive a further €150,000 equity-free. The best startups selected by IMPACT Growth will also be able to access private financing of €1.5 million led by Kibo Ventures and Accelerace.

The Jury Day, celebrated on 21st June in Madrid, was the pivotal moment of the startup selection process where 44 startups fought to enter the exclusive list of which 14 startups were selected for funding. A jury formed of renowned experts such as Sanyu Karani and Tomasz Mazuryk from FundingBox; Nacho de Pinedo and Rodrigo Miranda from ISDI; Peter Torstensen and Soren Lottrup from Accelerace; Aquilino Peña and Juan López from Kibo Ventures; Simona Torre from DOCOMO; Merete Norby from MADE, Pedro Jareño from Microsoft and Isabel María González from Danone, all of whom had the challenging task of selecting the best 14 out of a total of more than 1,900.

The selected startups will benefit from support by the FIWARE Foundation for the integration of this technology into the development of their projects. They will also participate in a training program featuring international experts and entrepreneurs in Madrid, Copenhagen and Barcelona, plus gain access to an international network of over 100 esteemed mentors, founders and investors. Finally, the startups will participate in a range of international events organised over the course of the year by 4YFN, the business platform for the growing community of technology startups at the global level supported by Mobile World Capital Barcelona (MWCapital).

The acceleration process, directed by ISDI and Accelerace, will officially launch during the second week of September, offering a week full of exclusive networking and training activities run by experts and innovation ecosystem leaders at ISDI’s headquarters in Madrid. This week will be the only part of the process whereby entrepreneurs are required to be onsite. The rest of the acceleration process will take place remotely, relying on a wide network of international mentors and participation at international events and missions.

*This article has been updated to reflect changes to the participating startups.



IMPACT Growth is an initiative funded by the European Commission’s Horizon 2020 programme, with a total of €3.6 million for its initial phase. The second last call for startups, offering to fund and accelerate an additional 14 projects, will be launched on 5th September 2017.


Join the IMPACT newsletter.
Open calls, opportunities for startups, news, and more.

I have read and accept the privacy policy.

Contact Us

We'll send you newsletters with news, tips & tricks. No spams here.