NEXT

NEXT

NEXT is an advanced smart transportation system based on modular self-driving vehicles. Learn more
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DateInvestorsAmountRound

$90.1k

Seed
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€2.5m

Seed
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€1.3m

Valuation: €12.5m

Seed
Total Funding€3.8m

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NEXT Future Mobility operates in the smart transportation sector, focusing on Mobility as a Service (MaaS) applications. The company develops a modular electric vehicle system designed to enhance urban mobility by providing scalable and customizable solutions for both public and private transport. NEXT's system aims to capture the cost and convenience benefits of autonomous vehicles (AVs) and shared autonomous vehicles (SAVs) while reducing the excessive use of individual vehicles and the abandonment of public transport. The company's offerings include flexible capacity buses, repurposable idle vehicles for car sharing, logistics, and services, as well as a travel planner that integrates on-demand services. NEXT's business model revolves around selling and leasing its modular vehicles and related services to municipalities, transportation agencies, and private companies. Revenue is generated through vehicle sales, leasing agreements, and service contracts. The market for NEXT's solutions includes urban areas looking to improve public transportation efficiency and reduce traffic congestion. The company also partners with organizations like What3Words to enhance its service offerings.

Keywords: modular vehicles, urban mobility, MaaS, AVs, SAVs, public transport, car sharing, logistics, scalable solutions, smart transportation.

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