Venture Leaders startup Kido Dynamics closes pre-series A round to accelerate the development of its AI-driven mobility analytics software

12.10.2020 14:44, Jonatan Masseus

Kido Dynamics, a Lausanne-based mobility analytics company, raised CHF 850,000 in a pre-series A investment round, with Zug-based Spicehaus Swiss Venture Fund as the lead investor along with B4Motion Ventures and You.Mind!1.

Kido Dynamics democratizes Big Data, providing the most advanced insights to make cities smarter. Ignacio Barrios, CEO and co-founder, summarizes its business model and vision: “Kido specializes in Mobility analytics by using mobile data in a fully GDPR-compliant way to develop mobility solutions. Our proprietary algorithm, derived from quantum physic models, can generate coherent analysis of human mobility out of complex data sets”.

The funding round accelerates product development and fosters the on-going international business development. “Spicehaus Partners is delighted to be on board with Kido and the team as we are convinced that the solution is a distinct game changer in the mobility space and we are impressed by the international clientele that Kido already convinced” says Daniel Andres, partner at Spicehaus Partners. Regarding B4Motion's recent Investment in Kido Dynamics, its Managing Partner, Jose Pacheco, said,  "We look forward to the next chapter of Kido´s growth and are excited to partner with Ignacio and Alberto, two visionary founders with the technical capabilities to grow Kido into the next Mobility data powerhouse". Leonardo Amaral and Humberto Linaris, Partners of You Mind stated that “We are very motivated by the accomplishments achieved by Kido so far and confident that it is very well positioned to capture the major opportunities that lie ahead on the mobility field globally.”

Kido Dynamics participated in the SPS Acceleration Workshop for Mobility Startups in 2018, in Venture Leaders Mobile 2020 and was selected for the Venture Leaders Technology 2020.