Spanish SaaS platform Stowlog raises €1M to drive the digitisation of safety and security in port logistics
Spanish SaaS platform Stowlog has secured €1 million in funding to accelerate the digitization of safety and security in port logistics. This investment, led by Draper B1, signals growing confidence in European tech solutions that address critical infrastructure needs. The funding aims to fuel Stowlog's international expansion and solidify its position in the global market. Stowlog, a modular SaaS platform launched in 2023, is designed to enhance operational efficiency and mitigate risks within port terminals, logistics facilities, and intermodal hubs. The platform digitizes critical security processes, including access control, visitor management, and real-time geolocation tracking. Currently deployed in over 15 countries across four continents, Stowlog utilizes real-time data and 3D visualization. The platform's impact extends to various stakeholders, from port operators to logistics providers, improving safety and efficiency. Companies like Maersk, APM Terminals, and CMA CGM utilize Stowlog. The investment will enable Stowlog to expand its team, refine its product, and penetrate new strategic markets, particularly within Europe and North America. This investment demonstrates the ongoing trend of venture capital supporting European SaaS companies focused on specialized industrial applications. The backing from Draper B1 and other investors validates Stowlog's potential and its contribution to the digital transformation of critical sectors.
To provide multilingual access, this article summary was automatically generated.
Source Information
European Alternatives You Might Like
Mangopay
Mangopay is a payment infrastructure provider specializing in payments for marketplaces and platforms. It offers virtual wallet technology for managing funds, enabling features such as split payments, multi-currency support, and KYC/AML compliance. Key functionalities include automated payouts, transaction monitoring, and customizable payment flows. This service is primarily aimed at businesses that manage marketplaces, crowdfunding platforms, and sharing economy models and require complex payment solutions. Mangopay distinguishes itself by offering a flexible and scalable payment solution specifically designed for platform-based business models, allowing them to control cash flows and streamline payment processes.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.