rouvia, a logistics visibility software startup based out of Berlin, has generated €2.9 million in its latest fundraise.
The round was co-led by Cavalry Ventures and Dynamo Ventures and also featured Entrepreneur First, Angel Invest, Prequel Ventures and angel backers Ewald Kaiser (formerly of DB Schenker) and Nathan Ziele (ex-SBB and Rail Cargo Austria.
rouvia's eForwarding product allows logistics teams to map out transport capacity on railways, waterways and the road, using real-time data to compare different options.
eForwarding's logistics database has most of Europe covered, Rouvia claims. It uses a routing algorithm to automatically judge each possible transport route, providing clear estimates on costs, time for delivery and CO2 emissions.
After a logistics order is placed, the software automates the generation of freight and customs documents to ensure the package is sent correctly.
Benjamin Noyan, CEO of rouvia, said: "The current global political and economic conditions are presenting logistics with new challenges. We want to contribute to the solution and, in the truest sense of the word, break new ground.
"With rouvia, we are developing the first digital freight management solution that seamlessly connects all means of ground transport, uses real-time data to make transport options via road, rail and waterways comparable, and brings the benefits of sustainable transport options to the forefront."
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