NexDash, a German-based logistics start-up, has actually increased EUR5 million in a Seed round to construct Europe’s very first “Neo-Carrier” for electrical vehicles, simply 3 months after its beginning.
The round was led by Extantia Funding with engagement from Tidy Power Ventures, sustaining NexDash’s objective to increase the change from diesel to electrical products via an electronically coordinated, zero-emission trucking network.
“ Germany’s electrification begins with logistics,” states owner and chief executive officer Michael Cassau “ We combine, change, and amaze diesel fleets– developing Trucking-as-a-Service made in Europe. The last years had to do with neobanks; the following has to do with neo-carriers.“
EU-Startups has actually formerly included Michael Cassau in both a statement of his engagement at the EU-Startups Summit 2025 and an earlier look on the EU-Startups Podcast in 2022, highlighting his recurring presence within the European start-up environment.
In 2025, a number of European start-ups energetic in logistics electrification and nearby movement facilities protected brand-new financing, consisting of Delta Charge (EUR3.7 million, Sweden/Germany) to scale truck-charging depots and battery-enabled commercial centers, Evera (EUR2 million, France) to increase its subscription-based amazed fleet design, Deftpower( EUR12.5 million, Netherlands) to expand its AI-powered EV-charging system, and Hyperdrives (EUR3 million, Germany) to scale electrical drive systems for commercial movement.
With each other, these rounds total up to approximately EUR21.2 million and show a stable circulation of resources right into the electrification of transportation– covering fleet versions, billing facilities and drivetrain technology.
Establish versus this background, NexDash’s EUR5 million Seed round includes an additional German situation to the year’s task and settings it within a wider activity to decarbonise sturdy logistics, along with adjoining financial investments in the making it possible for modern technologies needed for Europe’s change far from diesel.
Joern-Carlos Kuntze, Companion at Extantia Funding, includes: “ Electrification in sturdy transportation does not stop working as a result of innovation, yet as a result of orchestration. NexDash incorporates software program, facilities, and resources where it matters most– in procedures.”
Established In 2025, by Michael Cassau, the business owner behind tech-rental unicorn Grover, NexDash is dealing with among Europe’s a lot of carbon-intensive markets.
EU-Startups has actually covered Grover thoroughly throughout its development, current protection includes their 2024 €50 million raise, and their 2022 €270 million raise.
According to information supplied by NexDash, sturdy vehicles produce approximately 35% of transport-related carbon monoxide two discharges, while greater than 90% of logistics drivers depend on tiny, aging diesel fleets with very little electronic facilities and restricted resources. The change to electrical trucking has actually been slow-moving as a result of high in advance expenses, functional intricacy, and an absence of billing networks.
NexDash looks for to conquer these obstacles via its exclusive AI-powered os NexOS, which manages fleets, power supply, and funding in genuine time. This system makes it possible for the sychronisation required for scalable electrification and, in the longer term, independent logistics.
NexDash will certainly make use of the financing to get mid-sized logistics drivers, amaze their fleets by means of scalable organized funding, and handle procedures via its Trucking-as-a-Service (TaaS) system. The objective is to construct a totally electrical products network that is electronically taken care of, financially sensible, and ecologically lasting.
Cassau is signed up with by Karsten Sachsenröder, a previous exec at DB Schenker, bringing market knowledge to the table. With each other, they are developing a version that mixes digitalisation, electrification, and debt consolidation– resolving not simply the technology, yet additionally the resources and functional barricades that have actually maintained logistics embeded the diesel age.
Daniel Goldman, Taking Care Of Companion at Clean Power Ventures, highlights the business’s scalable, data-driven design in a market “ ripe for interruption“
The Seed financing will certainly fund very early electrical vehicle releases, sustain billing facilities via collaborations with power service providers, fund procurements, and power the ongoing advancement of NexOS.
With its views established on a Europe-wide rollout, NexDash is placing itself as a fundamental gamer in the continent’s eco-friendly logistics future.
The message Berlin-based NexDash hauls in €5 million to electrify Europe’s freight showed up initially on EU-Startups.
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