Berlin-based NexDash hauls in €5 million to electrify Europe’s freight
Berlin-based logistics startup NexDash has secured €5 million in a Seed round to build a "Neo-Carrier" for electric trucks, marking a significant step toward electrifying Europe's freight industry. This funding, led by Extantia Capital, highlights the growing investment in digital solutions designed to accelerate the transition from diesel to electric transport. The initiative underscores Germany's strategic focus on digital transformation within its logistics sector to achieve sustainability targets. NexDash, founded in 2025 by Michael Cassau, aims to consolidate, transform, and electrify diesel fleets through a digitally orchestrated, zero-emission trucking network. The company's "Trucking-as-a-Service" model is designed to address the carbon footprint of heavy-duty transport, which accounts for approximately 35% of transport-related CO2 emissions. This funding round forms part of a larger trend, with several European startups raising capital for related initiatives. The investment in NexDash reflects a broader shift in Europe toward sustainable logistics and a reduction in reliance on fossil fuels. This move affects logistics operators, technology providers, and policymakers. Furthermore, it exemplifies a growing emphasis on digital infrastructure and operational efficiency as crucial components of the electrification process. Over €21.2 million was raised by European startups in 2025 to electrify transportation. The increased investment across fleet models, charging infrastructure and drivetrain innovation shows the continent's commitment to transition away from diesel.
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