Top 5 finalist in the UvA Impact Challenge 2025
Pinge reached the top 5 of the UvA Impact Challenge 2025 Advanced Category and presented at Royal Theater Carré in Amsterdam.
· 3 min read
We are thrilled to announce a major milestone in Pinge’s journey: our successful completion of the EIT Urban Mobility Investment Readiness Programme (IRP) Cohort 9 and the resulting strategic investment offer from EIT Urban Mobility.
About the Investment Readiness Programme
The EIT Urban Mobility Investment Readiness Programme is a prestigious six-month acceleration programme designed for European companies in the urban mobility sector that are actively fundraising or planning to raise capital. With access to a wide network of business angels, venture capital firms, corporate investors, institutional investors, and European funding organizations, the programme aims to enhance fundraising capabilities through comprehensive resources, training, and expert coaching.
The programme facilitates critical networking opportunities with fellow entrepreneurs, experienced mentors, corporate partners, and investors, fostering strategic partnerships and creating new market opportunities for participating startups.
Pinge’s Journey Through IRP Cohort 9
As a portfolio company of EIT Urban Mobility, Pinge participated in Cohort 9 of the Investment Readiness Programme throughout 2024-2025. The programme provided us with invaluable support in several key areas:
- Fundraising Strategy Development: Expert guidance on structuring our seed round and refining our investment narrative
- Financial Modeling: Advanced training in financial projections, unit economics, and investor-ready reporting
- Investor Relations: Access to EIT Urban Mobility’s extensive network of early-stage investors and corporate partners
- Pitch Refinement: Intensive coaching sessions to sharpen our value proposition and presentation skills
- Market Validation: Support in demonstrating traction and product-market fit to potential investors
The Result: Strategic Investment from EIT Urban Mobility
Upon successful completion of the Investment Readiness Programme, EIT Urban Mobility offered Pinge €50,000 in exchange for 5% equity in our company. This investment represents not only financial support but also a strong vote of confidence in our mission to make electric mobility accessible to everyone, particularly the 54 million Europeans with mobility challenges.
This strategic partnership with EIT Urban Mobility, part of the European Institute of Innovation and Technology (EIT), strengthens our position as innovators in the assistive mobility technology space and validates our approach to solving pressing urban mobility challenges across Europe.
Our Commitment to European Innovation
As part of the EIT Urban Mobility community of supported startups and scale-ups, Pinge stands behind the vital role of the European Institute of Innovation and Technology in strengthening innovation across Europe. The EIT’s dedication to fostering innovation and supporting startups like ours demonstrates the critical role that European institutions play in building a competitive and sustainable innovation ecosystem.
Together with our fellow startups and scale-ups in the EIT community, we affirm our commitment to the programmes that enable European innovation to thrive and make Europe a great place to start and grow global technology-driven companies.