Parabol creates smart tools for better transport systems, helping cities and companies manage mobility in a sustainable, safe, and inclusive way. Their solutions are used in over 50 cities across 12 countries.
EIT and Investor Support
Parabol joined the EIT Urban Mobility network in 2021 as one of five companies selected for the ScaleTHENGlobal programme.
- Secured a Startup investment from EIT Urban Mobility in early 2023.
- Developed a scenario-based planning module under the 2023 Guided Project Call.
- Leveraged EIT Urban Mobility’s ecosystem support, including Growth Lab and the EIT Innovation Marketplace.
Key Milestones
- Expanded operations across MENA and Europe with EIT Urban Mobility’s support.
- Collaborated with Turkish public institutions to develop a Public Transport Decision Support System.
- Successfully implemented solutions in Antalya, Turkey, and Modena, Italy.
The Impact
- Enabled authorities to optimise public transport operations based on demand changes.
- Delivered measurable results in sustainable mobility across multiple cities.
- Scaled impact globally through EIT Urban Mobility’s initiatives.
Technologies Highlights
- Mobility management and analysis tools for sustainable transportation.
- Scenario-based planning module for public transport decision-making.
- Data-driven solutions for optimising transport operations under various scenarios.