Greentech Alliance buys InterMobility to link Europe's climate capital and cities
What's the deal? Greentech Alliance (GTA)Dealroom has a profile for this one. Try Dealroom → has signed a definitive agreement to acquire InterMobilityDealroom has a profile for this one. Try Dealroom →, a European transport and mobility network of more than 1,000 companies, public authorities and ecosystem players. The terms were not disclosed. The deal creates a combined network of more than 5,000 members and partners across 25-plus countries on six continents.
What's the endgame? GTA, founded in Berlin in 2020, connects climate investors, startups, corporates and policymakers through curated membership and introductions. The acquisition folds InterMobility's operators, cities and public authorities into that network, linking the groups that must align before a mobility solution moves from pilot to scale.
Why now? Transport is Europe's climate laggard, with emissions 25.3% above 1990 levels in 2023 and about 31% of the EU total, per the European Environment Agency. Yet European mobility startups closed 654 funding rounds in 2025, down from 785 a year earlier, raising $10.1 billion.
What changes? For investors, GTA membership now offers access to mobility ventures from both communities and introductions to co-investors, corporates and public buyers. For companies, it offers routes to customers, pilots and capital. The two organisations will also explore joint ventures and financing, subject to GTA's separate approval of each project.
"Europe does not have a mobility technology problem, it has a coordination problem," said Charles Newton Price, chief executive officer of Greentech Alliance. "The capital, the startups and the cities are all there, but they rarely meet."
InterMobility founder François Hoehlinger will join GTA's board. "Mobility only changes when founders, investors, operators and public authorities move together," he said.
The signal: Europe's mobility-funding landscape remains substantial but fragmented — an April 2026 European Parliament study flagged uneven coordination across EU transport funding, even as the Commission's Connecting Europe Facility call put €1.1 billion on the table for transport infrastructure. That makes a deal built on coordination timely. But absent disclosed terms or a proven funding pipeline, it reads as a useful response to a recognised problem rather than a sector-shifting move.
Read more: Tech.eu
Image credit: Generated with Gemini