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OTIV

Transportation · Ghent, Belgium · Founded 2020

AI-powered automation solutions for railway vehicles MoreLess

OTIV is a Belgian company founded in February 2020 by Sam De Smet and Niels Van Damme that specializes in developing artificial intelligence-based automation solutions for the rail sector. The firm's objective is to enhance the safety and efficiency of railway vehicles through a phased approach that includes driver-assistance systems, remote operation, and fully autonomous driving.

The founders identified an opportunity to apply autonomous technology to the European rail market, which they saw as having potential for immediate impact compared to the autonomous car industry. Sam De Smet has a background in mechanical engineering and business development in Silicon Valley, while Niels Van Damme also contributed to the company's founding. They established OTIV to address challenges in the rail industry such as labor shortages, operational inefficiencies, and safety concerns, with the goal of making rail a more competitive and sustainable mode of transport.

OTIV offers a modular platform with a suite of products designed to progressively automate rail operations. This includes OTIV.ONE, a camera system to improve visibility during shunting; OTIV.TWO, an advanced driver-assistance system (ADAS) that uses sensors like cameras and LiDAR to prevent collisions in complex urban environments; OTIV.THREE, a remote supervision and control center; and OTIV.FOUR, a full self-driving system. The company's business model involves collaborating with rail operators, industrial companies, and rolling stock manufacturers to implement these solutions. Its clients operate in three core markets: industrial rail (e.g., steel works, chemical sites, ports), urban transit (trams), and mainline networks for both freight and passenger traffic. Notable partners and clients include Deutsche Bahn, SNCF, ArcelorMittal, and NS (the Dutch national railway).

Since its inception, OTIV has achieved several milestones. The company was recognized as Belgium's fastest-growing tech scale-up according to Deloitte's Technology Fast 50 in 2025 and won the European Start-up Prize for Mobility in 2022. It has secured multiple rounds of funding, including a Series A round in late 2022 and a €9 million growth investment in 2025, co-led by investors such as Miles Ahead, SHIFT Invest, and Finindus. These funds are intended to accelerate international growth, deploy commercial products, and further develop fully autonomous train technology.

Keywords: rail automation, autonomous trains, ADAS for rail, railway safety systems, remote train operation, AI in transportation, shunting automation, tram collision avoidance, freight train automation, sustainable mobility, computer vision, LiDAR sensors, mainline automation, industrial rail solutions, modal shift, De Lijn, ArcelorMittal, Deutsche Bahn, SNCF, NS

Company overview

OTIV company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2020
Headquarters
Ghent, Belgium
Employees
58
Open positions
4
Dealroom signal
86.6
client focusb2btechnologyArtificial IntelligencetechnologyDeep TechtechnologyComputer VisiontechnologyAutonomous & Sensor Techsub industryAutonomous & Sensor Techbusiness modelSaaSsectorCore AIsectorAutonomous MobilitysectorSpace TechsectorESAsectorESA BASSsectorHard TechsectorEIT Ecosystem

Valuation & funding

OTIV funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC Dec 2025 $9.9M $40M Pitchdrive · Miles Ahead · SHIFT Invest · imec.istart
SERIES AEquity / VC Jan 2023 $880K $3.5M SHIFT Invest · imec.istart · Finindus
SUPPORT PROGRAMOther financing Jan 2021 $0 EIT Urban Mobility
SEEDEquity / VC Sep 2019 Pitchdrive · Start it @KBC
SUPPORT PROGRAMOther financing Jan 2019 $55K imec.istart
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Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearEBITDAMarginProfitMargin
2026 −$343K −$284K
2025 −$343K −$284K
2024 −$343K −$284K
2023 −$343K
2022 −$343K
2021 −$343K
2020 −$40K
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Growth signals

OTIV website traffic

Latest recorded traffic for OTIV is 2.2K monthly website visits, down 50% over the last three months. OTIV's team grew 16% over the past year.

Latest monthly visits2.2K 3-month web change-50% 1-year team growth+16%
Monthly website visits88 observations · Dec 2018–Jul 2026
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Comparisons

OTIV compared with similar companies

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Talent graph

OTIV's talent

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Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

9 investors on OTIV's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 2 investors entered at this stage
Pitchdrive
Start it @KBC
Series A 4 investors entered at this stage
SHIFT Invest
Finindus
imec.istart
Miles Ahead
Other known 3 additional known investors
EIT Urban Mobility
imec.istart future fund
Lorenz Bogaert

Global footprint

Where OTIV has talent and traffic

Workforce by country
4 countries with
team presence
🇧🇪 Belgium92.7%
🏳️ Madagascar2.4%
🇫🇷 France2.4%
🇳🇱 Netherlands2.4%
4 countries shown

In the news

Latest news about OTIV

Recent press, funding announcements, and product moves mentioning OTIV — open to read from the original sources.

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Market sentiment

What the market is saying about OTIV

An AI-synthesized read of the highest-engagement posts about OTIV on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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