Nevoya Raises Over $9 Million
Startup hopes to make it even more cost-effective to run zero-emission vehicles.
Electric vehicle management provider Nevoya has raised a seed round of $9.3 million to fund expansion and further development of its AI-powered Transportation Management System.
The round was led by Lowercarbon Capital and included participation from Floating Point, LMNT Ventures, and existing investors Third Sphere, Stepchange, and Never Lift, alongside strategic angels including Qasir Younis, Founder and CEO of Applied Intuition.
Nevoya's hopes to use its proprietary TMS to make operation of zero-emissions vehicles as cheap or even cheaper than diesel alternatives. It will use the fresh capital to improve the predictive capabilities of its software and grow sales in the trucking industry.
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