Miles Ahead has invested €9 million in OTIV, a Belgian tech scale-up focused on autonomous driving technologies, to support its growth in the evolving rail transportation sector.
Target Overview
OTIV, a fast-growing technology scale-up based in Belgium, specializes in assisted, remote, and fully autonomous driving technologies for the rail sector. With a focus on innovation and sustainability, OTIV is positioned at the forefront of the transportation technology landscape.
Industry Overview in Belgium
Belgium's technology sector is witnessing rapid growth, particularly in areas focused on automation and sustainable solutions. As countries across Europe increasingly prioritize green technologies, the demand for innovative rail solutions is expanding. Belgium, with its strategic location and robust infrastructure, serves as an ideal market for advancements in rail technology.
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The Belgian government has also linked its economic recovery efforts to the promotion of digital transformation. Investments in tech s
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Miles Ahead
invested in
OTIV
in 2025
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $9M