PRESS RELEASE
€946,000 Pre-Seed Round for SWITCH, the startup revolutionizing urban mobility and logistics with Artificial Intelligence
Accelerated by Berkeley Skydeck Europe Milano, SWITCH received funding from Italian and international investors and industry leaders. The startup’s mission is to build smarter and more sustainable cities by addressing key challenges of fleet operations
Rome, February 6th, 2025 – SWITCH, Italian startup that optimises fleet operations and planning with AI, announces a Pre-Seed investment round of €946,000. This fundraising confirms the strong support from industry and financial partners who believe in SWITCH’s vision to transform urban mobility and logistics, contributing to smarter and more sustainable cities.
The funding round, comprising a €728,000 equity investment and non-dilutive funding, saw participation from leading international VC investor, industry operators and technology research centers, including Magic Spectrum, EIT Urban Mobility, Berkeley Skydeck Europe Milano, NextSTEP, Spreentech Ventures, MobilityUP, and Apuliasoft Srl. The startup has been accelerated by Berkeley Skydeck Europe, Milano, in MIND – Milano Innovation District.
SWITCH’s flagship solutions, Urban CoPilot and Urbiverse, leverage its proprietary AI Simulation Engine to deliver real-time fleet optimization, demand forecasting, and strategic fleet planning tools. SWITCH has already successfully processed over 5 million trips across multiple countries, accurately forecasting mobility demand, improving operational efficiency, and providing data-driven insights to fleet operators, while at the same time further training the startup’s AI models.
“This achievement reflects the growing trust of our partners and new investors, who believe in our technology and our team” said Matteo Forte, CEO & Founder of SWITCH. “At SWITCH, we are committed to building smarter and more sustainable cities by addressing key challenges like fleet optimization and strategic planning, demand forecasting, and operational efficiency. This investment will enable us to continue innovating and driving meaningful changes in mobility and logistics.”
In addition to serving fleet operators and fleet managers, SWITCH is actively partnering with tech companies building products in the mobility and logistics space through its AI Agent for demand prediction. Currently in testing with multiple companies and set to launch publicly in 2025, this advanced technology enables seamless integration of AI-powered demand forecasting and simulation, helping partners enhance their solutions with precise, scalable predictive capabilities across all vehicle types and verticals.
The fundraising round will enable SWITCH to accelerate the development of its products and expand its impact across the mobility and logistics ecosystem. The resources raised will be used to further develop SWITCH’s technology, grow its commercial presence, and consolidate partnerships with mobility and logistics companies. With this boost, SWITCH is equipped to tackle the biggest challenges in urban mobility and logistics.
SWITCH has been assisted in the legal aspects of the operation by Ferrari Pedeferri Boni (FPB).
About SWITCH:
SWITCH is a tech startup developing AI-powered products to improve urban mobility and logistics. Its innovative tools help make fleet operations and fleet planning smarter and more efficient. Backed by top investors like Berkeley Skydeck and EIT Urban Mobility, SWITCH is focused on creating a more efficient and sustainable future. For more information, visit www.getswitch.io or contact us at info@getswitch.io.
Contacts:
Matteo Forte
Founder & CEO
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