French AI startup DriveTrust raises €1.5M funding for a safer driving future

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Summary

The French AI startup DriveTrust is one such company that came into existence with tech and entrepreneurship fans Roman Prytkov and Tolga Varol meeting at the EIT Digital Master School. Now, the company has secured €1.5 million in funding to realise their goal of making driving a safer activity and here, we will tell you about what happened behind the scenes in turning an idea into reality. Realising that they share similar entrepreneurial passion, Varol and Prytkov started working on a smart tracking device that would note driving behaviours and help drivers improve. After going through about 200 European companies, Prytkov and Varol were able to submit their proposal with Belgium headquartered IMEC, the University of Rennes in France and CRF in Italy. The story of DriveTrust is an inspiring one and if you want to hear more about their ideas and their startup, you can catch them at the upcoming EIT Digital Conference on September 10 and 11 to be held in Brussels.

$ Funding

$
Amount $1.7M Total raised
Date July 26, 2019 Announcement date
Investors - Lead investors
Company https://drivetrust.eu Funded company

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