Berlin freight startup NexDash raises €2.5M from EIT Urban Mobility for electric truck expansion
By
Cate Lawrence
15d ago· 2 min readenNews
Summary
Berlin-based road freight startup NexDash has secured €2.5 million in pre-Series A funding from EIT Urban Mobility, which also secures their participation in the upcoming Series A round. The investment targets the decarbonization of road freight, a sector where heavy-duty trucks account for over a quarter of EU road transport emissions. The industry remains fragmented with many small carriers operating diesel fleets under margin pressure, while electric truck technology matures and regulations tighten.
Source
Key quotes
· 2 pulledRoad freight is one of the hardest sectors to decarbonise.
Heavy-duty trucks account for more than a quarter of road transport emissions in the EU, yet the industry remains highly fragmented, with thousands of small and medium-sized carriers operating diesel fleets under constant margin pressure.
Berlin road freight startup NexDash today announced €2.5 million in funding from EIT Urban Mobility. The investment is a pre-Series A commitment securing EIT Urban Mobility’s Series A participation.Road freight is one of the hardest sectors to decarbonise
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