Italian startup SWITCH has raised €946,000 in a pre-seed funding round to accelerate the development of its AI-driven fleet management solutions.
The funding, which includes €728,000 in equity and non-dilutive sources, comes from international venture capital firms, industry players, and research institutions such as Magic Spectrum, EIT Urban Mobility, and Berkeley Skydeck Europe Milano.
SWITCH is developing AI-powered solutions to make fleet operations more efficient and sustainable. Its flagship products, Urban CoPilot and Urbiverse, use AI to improve real-time fleet optimisation, demand forecasting, and strategic planning. The company has already processed over five million trips across multiple countries, helping operators reduce waste and increase efficiency.
Matteo Forte, CEO & Founder of SWITCH, explains, “Fleet operators often rely on historical data and intuition to plan their operations, but that’s often not enough. AI makes mobility planning and operations dynamic, data-driven, and incredibly precise.
“Our AI helps companies determine the right fleet size, vehicle types, and deployment areas based on future demand, ensuring they invest wisely and optimize resources,” he explained.
By predicting demand peaks, operators can deploy their fleets more efficiently, reducing empty trips, congestion, and emissions. “It’s about making mobility and logistics smarter and sustainable, both financially and environmentally,” Forte added.
The AI module also helps systems become more resilient by enabling quick responses to unexpected events such as bad weather or road disruptions.
Support from investors and accelerators has been critical, forte explained. Beyond funding, investors offer strategic advantages such as access to high-quality data, research, and key industry connections.
“Scaling AI in mobility and logistics requires more than just strong algorithms—it demands access to high-quality data, cutting-edge research, and the right industry connections. Investors with deep networks in tech and mobility not only open doors to potential partners but also help us shape our go-to-market strategy,” he concluded.
