German freight infrastructure company NexDash raises €5M to expand its electric freight network and further develop its fleet and software platform.
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Berlin-based NexDash, a three-month-old company building freight infrastructure, has secured €5M in seed funding to develop a network for electric trucks across Europe.
The company was founded by Michael Cassau, who previously built tech-rental company Grover, and plans to focus on the road freight sector, which is fragmented and under-digitised.
Joern-Carlos Kuntze, Partner at Extantia Capital, says, “Electrification in heavy-duty transport doesn’t fail because of technology, but because of orchestration. NexDash integrates software, infrastructure, and capital where it matters most – in operations.”
Daniel Goldman, Managing Partner at Clean Energy Ventures, emphasised the company’s scalable, data-driven model in a sector “ripe for disruption.”
NexDash will use the funds for acquisitions, deploy its first electric trucks, install charging infrastructure, and further develop its NexOS platform. The funding supports the company’s plan to build a zero-emission logistics network across Europe.
Building an autonomous, zero-emission logistics network
Heavy-duty trucks account for around 35 per cent of transport-related CO2 emissions, while most logistics operators continue to run diesel fleets with limited funding and limited digital systems. High purchase costs, complex operations, and slow growth of charging networks have restricted the shift to electric transport.
NexDash seeks to resolve these barriers through NexOS, an AI system that coordinates fleets, energy use, and financing in real time.
The company acquires mid-sized operators, converts their diesel trucks to electric ones through structured financing, and manages the fleets through a Trucking-as-a-Service model.
NexDash also works with partners to acquire existing diesel fleet operators, electrifies their vehicles, and develops next-gen charging and data infrastructure together with partners.
Originating from Platform Horizons, founded by Michael Cassau, the company aims to automate freight movement and cut transport-related emissions across Europe by forming a connected electric logistics system under the banner “Green Logistics made in Europe.”
Founder Michael Cassau says, “Germany’s electrification starts with logistics. We consolidate, transform, and electrify diesel fleets – building Trucking-as-a-Service made in Europe. The last decade was about neobanks; the next is about neo-carriers.” Cassau is joined by Karsten Sachsenröder, former top executive at DB Schenker.
