Motion-S and FEBIAC have entered in a strategic partnership for advanced mobility data management. Motion-S, as the first spin off of the SnT research center of the University of Luxembourg, has been working on the collection, augmentation and analysis of mobility data for the last four years. Serving primarily Insurtech to provide Pay-How-You-Drive products, Motion-S has developed a fully device-agnostic platform that is able to analyse mobility data by visualizing the exposure to risk of the individual driver, treatment of the vehicle and eco-efficiency components.
With this long-term strategic partnership, Motion-S closed its first round of investment by raising 1 million € equity, which will push up the tech start up to the next level of evolution.
The 360Lab congratulates the founders of Motion-S, who have been part of the same research team prior becoming entrepreneurs!
The full press release can be found here.