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About MobilityXlab

MobilityXlab, an accelerator and incubator program founded in 2017, is based in Gothenburg, Sweden. With a presence in 9 countries, it has supported around 40 startups in sectors like High Tech, Enterprise Applications. As of Jul 2026, MobilityXlab has 1 unicorn under its belt and has witnessed 8 portfolio exits. Most notable companies in its portfolio include Foretellix, Gapwaves and Aurora Labs. The program primarily supports startups based in Sweden, Canada.
Key Metrics
Founded Year
2017
Location
Gothenburg, Sweden
Portfolio Companies
Sectors of Investment
Locations of Investment
Unicorn in Portfolio

MobilityXlab's List of Top Investments

MobilityXlab has a portfolio of 40 companies, one of which is a Unicorn. Their most notable investments include Foretellix and Gapwaves.Their portfolio spans across Sweden, Canada, Israel and 6 more locations. They have invested in High Tech, Enterprise Applications, Auto Tech and 14 other sectors. Here is the list of top investments by MobilityXlab:
Developer of data automation platform for AI-powered autonomous vehicle stacks. The platform maximizes and enriches data for efficient and safe development. It offers tools for training AI systems with real-world and synthetic data. The platform also validates performance, quality, and safety through data unification and scenario generation. It supports automotive, trucking, and mining applications with safety-driven verification and validation.

Key facts about Foretellix

  • Founded Year: 2018
  • Location: Ramat Gan (Israel)
  • Stage: Series C
  • Total Funding till date: $135M
  • Employee Count: 124 as on May 31, 2026
  • Investors: Temasek, Nvidia and 23 Others
  • Latest Funding Round: Series C, Dec 05, 2023, $*****
  • Highlight: Editors' Pick
Developer of mm-wave antenna systems for automotive radar and 5G applications. It provides radar antennas for driver-assistance systems and autonomous vehicles. Additionally, it offers low-loss, high-bandwidth phased array antennas for 5G wireless communication. It also manufactures waveguide flange adapters and filters for use in telecommunication and radar products. These products are designed for high performance and compact integration.

Key facts about Gapwaves

  • Founded Year: 2011
  • Location: Gothenburg (Sweden)
  • Annual Revenue: $1M - $10M as on Dec 31, 2024
  • Stage: Public
  • Employee Count: 57 as on May 31, 2026
  • Investors: HELLA, Coeli and 6 Others
  • Latest Funding Round: Post IPO, Jun 16, 2021, $*****
  • Highlight: Public
AI-enabled remote software for connected vehicles. The system uses machine learning algorithms to analyze risks and changes in software functionality and behavior of in-vehicle software. It offers features like optimizes the cost, optimized the performance of the vehicles, etc.

Key facts about Aurora Labs

Computer vision and artificial intelligence software for autonomous driving and smart cities. It is a 3D computer vision and machine learning company that offers real time roads and area monitoring solutions by positioning for AR/VR and uses a smartphone's camera, accelerometer, and gyroscope to track 2D and 3D objects, users, and drone position. It incorporates computer vision technology to track camera movements in drones and recalculates this information to replicate motion in VR. It manages cities, infrastructure, and road assets.

Key facts about Univrses

Developer of a platform for cybersecurity risk management and compliance. The platform offers features for threat modeling, vulnerability management, and supply chain collaboration. It helps organizations meet regulatory standards and automate security processes. The platform aims to streamline workflows and improve communication between teams.

Key facts about C2A Security

Unicorns in MobilityXlab's Portfolio

MobilityXlab has 1 unicorn in its portfolio - ZaiNar. The most recent unicorn in their portfolio is ZaiNar which became a unicorn in 2026.
Here is a list of unicorns in MobilityXlab's portfolio:
Tracxn Score
Company
Short Description
Founded year
Sector
Location
Company Stage
First Investment/ Acquisition Details
50
Developer of wireless network technology for precise real time positioning
2016
Menlo Park
Seed
inuziye

IPOs and Publicly Listed companies in MobilityXlab's Portfolio

1 of MobilityXlab's portfolio company became public -  Gapwaves. It got listed on the Nordic and Baltic regions (NASDAQ OMX), in Nov 2016 at marketcap of $14.6M
Here are MobilityXlab's portfolio companies that went public:
Company
IPO Date
First Invested on
First Round of Investment
Round Size
Nov 18, 2016
-
-
8065

Acquired companies in MobilityXlab's Portfolio

7 companies from MobilityXlab's portfolio have been acquired. The most recent acquisition was Deeplite in Apr 2025 by STMicroelectronics for $*****.
Here are MobilityXlab's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Apr 23, 2025
-
-
6561
Apr 08, 2025
-
-
4129
May 16, 2023
-
-
5131
Feb 28, 2023
-
-
9359
Oct 04, 2022
-
-
9536

Recent News related to MobilityXlab

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FAQs about MobilityXlab

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