Leading Smart Cities Accelerator URBAN-X Graduates Seventh Startup Cohort in First-Ever Online Demo Day
Summary
BROOKLYN, N.Y.--(BUSINESS WIRE)--URBAN-X, the leading accelerator for startups reimagining city life backed by MINI and Urban Us, today graduated its seventh cohort of companies in its first-ever virtual Demo Day. URBAN-X, launched by MINI in 2016 as part of the brand’s innovation practice and in partnership with venture firm Urban Us, invests up to $150,000 in up to 10 companies building solutions to address the most complex challenges cities face today. “As the need for solutions for local resilience has come into clearer focus across the world over the past weeks, we could not be more proud of the dedication Cohort 07 has shown in addressing large-scale challenges to improve city life.” Today’s event marks the start of teams seeking additional investment to grow their companies, and served as a demonstration of the product and business development milestones hit during URBAN-X’s 20-week accelerator program. EVA began working with partners in Europe and New York State to combat supply chain disruptions and support delivery of essential goods to healthcare institutions, pharmacies and home-bound elderly populations. “MINI is committed to agile innovation, collaboration and entrepreneurship to build meaningful solutions that improve quality of life in cities in unexpected ways,” said Mike Peyton, Vice President, MINI of the Americas.