Posts tagged Startups
Cleverciti included in mapping of AI Startups Landscape in Europe
AI Startups

An overview recently presented by leading institutions in the field of artificial intelligence (AI) of all relevant tech start-ups whose solutions use artificial intelligence (AI) includes numerous pioneers in the field as well as the German leading smart parking startup Cleverciti.

Earlier this year, appliedAI (Germany), Ignite Sweden, AI Sweden and RISE Research Institutes of Sweden decided to come together to initiate a mapping of the current AI startup ecosystem in Europe. On November 17, 2020, during the virtual Sweden Innovation Days event the first version of the landscape was presented which includes over 500 deep tech startups from France, Germany, and Sweden, among which Cleverciti, as part of the subcategory of “Transport & Mobility”. Cleverciti applies AI extensively in its smart parking and smart mobility solutions.

The aim of the mapping is to shine a light on the top AI startups in Europe in order to drive AI adoption and create more partnership opportunities between startups and corporations. It was felt that once a centralized database of quality AI startups existed, corporations and SMEs would have easier access to AI partners they can trust.

The initiators of the mapping see great value in collaborations with AI startups in particular, simply because, while almost all companies require a broad selection of AI solutions, startups tend to focus on one specific niche, which can be the exact niche that the corporations are looking for. Secondly, AI systems increase in performance with more data and applications. Therefore, in non-competitive use cases, a technology from a startup that supplies many companies tends to perform better than a stand-alone solution for one specific application in one company. With AI being one of the most rapidly changing development fields, partnering up with startups allows companies to focus on value creation.

The first version of the European AI Startups landscape is subdivided into the following subcategories:

  • Cross-industry startups

  • Information technology & services

  • Health and pharma

  • Retail & commerce

  • Enterprise software

  • Transport & mobility

  • Manufacturing

  • Consulting

  • Finance & insurance

  • Agriculture, forestry & fishing

  • Administrative & support services

  • Energy

  • Autonomous systems

  • Language & communication

  • Media & publishing

  • Arts, entertainment & recreation

  • Logistics

  • Legal

  • Public administration, defense, aerospace & social security

  • Fashion

  • Water, waste & environment

  • Construction

  • Education

  • Real estate activities

  • Mining & quarrying

Other German deep tech startups that are included in the “Transport & Mobility” subcategory are:

  • Konux, the leading German AI/IoT startup providing smart sensor systems and AI-based analytics to deliver actionable insights and enable predictive maintenance,

  • Lilium, a Munich-based startup working towards developing an all-electric jet with VTOL (Vertical Take-Off and Landing) capabilities,

  • German Autolabs, a pioneer in automotive voice AI. 

Click below to see the full landscape.