Nevomo

Current rail infrastructure has reached its limit due to 190-year-old technology principles. A rapid solution is needed without the need to build new infrastructure. Nevomo’s MR Booster enhances existing railways, ports and logistics areas, increasing speed and efficiency with advanced features.

Nevomo has created the unique MagRail Booster technology, a contactless, AI-enabled propulsion system. It doubles capacity, adds metro-like frequency and offers car-like flexibility by eliminating locomotives and enhancing automation and electrification. First commercial contracts are being finalised with a €7m round now closing and a new €15m Bridge to Series A convertible in H2 24 commencing that includes a co-investment from EIC Accelerator.

• Increased capacity.
• Greater flexibility.
• Tech simplicity.
• Fast implementation, low TCO (total cost of ownership).
• Higher frequency of operations.
• Regains competitive edge.
• Full electrification of the tracks and elimination of a need for a locomotive (since every wagon is its own locomotive).