/Companies

V2X Network

Techstars '20

Munich, DE · Founded 2019 · 9 employees on LinkedIn · 3 known investors

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V2X Network provides vehicles with blockchain-based self-sovereign digital identities and cryptographic wallets to enable secure autonomous transactions and data monetization through smart contracts. The platform serves connected vehicle ecosystems with REST APIs and SDKs for third-party service integration.

Also known as V2X Network Limited

Investors · 3

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · press coverage · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

Company profile

researched Sep 2026

V2X Network operates a decentralized platform that gives developers structured access to categories of in-vehicle data generated by connected cars. The platform issues vehicles a self-sovereign, tamper-proof digital identity that requires no additional hardware, along with a recovery mechanism that restores the same identity from the network after a system failure, and a cryptographic "car wallet" that allows the vehicle to execute transactions on its own behalf. Smart contracts automate rewards to vehicle owners for contributing data and support subscription models under which third-party connected services purchase access to vehicle data streams. Vehicles can also autonomously select the best service offering within a defined geo-fence and trigger payment when the contract conditions are satisfied.

The platform exposes standardized REST APIs and a GraphQL interface, plus SDKs and developer tools for integrating existing or new applications. V2X Network describes cleaning and normalizing raw vehicle data into interoperable formats and characterizing data streams for individual use cases. Stated platform properties include low-latency real-time communication using geo-networking and caching, distributed ledger technologies for decentralized trust without a central intermediary, enterprise-grade encryption and hashing with data anonymization strategies, and a GDPR-compliant "V2X Consent Hub" web interface through which users grant and revoke data access and download an overview of what they have shared.

Target application areas listed by the company span safety and emergency services (including eCall and hazard warnings), artificial intelligence and autonomous-vehicle training data, smart city and traffic management, in-car entertainment and payments, usage-based insurance, manufacturer R&D and wear-and-tear analytics, advertising, charging and energy, logistics and platooning, remote diagnostics and maintenance, fleet management, and mobility services such as ride-hailing and car pooling.

Founding story

According to TechCrunch coverage of its Startup Battlefield appearance at Disrupt Berlin, the German-based company was founded in 2018 by CEO Ahsan Shamim, COO Holger Philipp and CTO Shumail Mohyuddin, whose backgrounds are in automotive and computer science. The founders framed the opportunity around the volume of data produced by modern vehicles — up to 4 terabytes per day for a fully connected, automated car — and the absence of a consent-respecting mechanism to capture and distribute it.

Business model

V2X Network positions itself between data producers (vehicle owners, fleets, manufacturers) and data consumers (app and service providers). Rather than buying data from car owners, the company proposes charging data access fees to service providers and sharing part of that revenue with car owners or manufacturers, with smart contracts handling rewards and subscription arrangements.

Data access fees charged to third-party service providers, with a share of revenue passed back to vehicle owners or manufacturers; smart-contract-based data subscription models for connected services.

Traction

As of 2018 the company reported early proof-of-concept engagements with two undisclosed OEMs and had built a working prototype of its OBD-II blockchain dongle, shown at Disrupt Berlin. A TechCrunch company profile listed $120,000 raised as of January 1, 2025.

▸Full profile — market position, technology, go-to-market, geography

Market position

The company describes itself as the first decentralized platform enabling developer access to different categories of in-vehicle data, and contrasts its distributed-ledger architecture with existing centralized players. TechCrunch noted it is not the first or last company to pursue the connected-vehicle data opportunity.

Consent-centric design in which application developers cannot access data without driver consent that can be revoked at any time, combined with a decentralized ledger-based architecture, hardware-free vehicle identity with network-based recovery, an in-vehicle wallet enabling machine-to-machine payments, and a GDPR-aligned consent hub giving users visibility and control over shared data.

Technology

Distributed ledger technology underpins a decentralized network in which each vehicle holds a self-sovereign digital identity and a cryptographic wallet. Smart contracts automate data subscriptions, rewards and conditional payments. The platform combines geo-networking and caching for low-latency communication, normalizes and characterizes raw vehicle data streams, and applies enterprise-grade encryption, hashing and anonymization. Access is provided through REST APIs, a GraphQL interface and SDKs. For older vehicles, the company prototyped an OBD-II dongle that acts as a blockchain node and begins sharing data once plugged in; a prototype was demonstrated at TechCrunch Disrupt Berlin.

Go-to-market

A dual sourcing approach: direct collaboration with automakers — the company said in 2018 it was beginning proof-of-concept work with two unnamed OEMs — and data collected directly from car owners via an OBD-II dongle for older vehicles. Developer adoption is pursued through public APIs, SDKs and developer tooling. The company presented onstage in the Startup Battlefield at TechCrunch Disrupt Berlin in November 2018.

Car manufacturers, fleet owners and operators, and app and connected-service providers, as well as individual vehicle owners who contribute data.

Geography

Described as a German-based startup in 2018 press coverage; the website lists a corporate entity, V2X Network Limited, with an address at 1-A Avenue Industrial Estate.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Data generated per connected automated vehicle per dayNov 20184 terabytes
HeadcountAug 20269
Proof of concept oem partnersNov 20182 OEMs
Total fundingJan 2025$120K

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 1

Companies working in the same space as V2X Network.

Timeline · 1

launches, deals, and filings
Nov 2018
Presented in Startup Battlefield at TechCrunch Disrupt Berlin

V2X Network presented onstage during Startup Battlefield at TechCrunch Disrupt Berlin and demonstrated a prototype OBD-II dongle that acts as a blockchain node for collecting in-vehicle data from older vehicles.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does V2X Network do?
V2X Network is a blockchain-based platform giving vehicles self-sovereign identities and wallets so in-vehicle data can be shared and monetized.
Who are V2X Network's investors?
V2X Network's investors include Techstars, Stacked Capital, TechNexus Venture Collaborative.
Where is V2X Network headquartered?
V2X Network is headquartered in Munich, DE.