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OTIV is a company specializing in building assistance and autonomous solutions for the rail industry. Their business model focuses on developing and selling advanced technology products such as…

OTIV is a company specializing in building assistance and autonomous solutions for the rail industry. Their business model focuses on developing and selling advanced technology products such as…
Founded: 2020 (Ghent, Belgium)
Core product: Camera-, radar-, lidar- and AI-based assisted, remote and autonomous driving solutions for rail vehicles
Customers / partners: Industrial rail operators and major European rail operators/OEMs (examples cited)
Recent funding: Series A (Jan 2023); additional growth investment announced Dec 2025
Rail vehicle safety, operational efficiency, and automation for industrial rail, urban transit and mainline freight/passenger markets.
2020
Software Development
Seed round included Pitchdrive and a consortium of business angels; imec.istart reinvested; supplemented with grants.
€9,000,000
Growth investment announced to accelerate deployments and develop full autonomy (announced Dec 2025).
“Finindus, SHIFT Invest, Pitchdrive, imec (imec.istart), Miles Ahead, Lorenz Bogaert, business angels”
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