Germany-based Colonia Technologies, a road logistics startup, announced that it has raised €6M in a Seed round of funding led by Octopus Ventures.
Plug and Play, vent.io (a venture capital arm of Deutsche Leasing AG), MobilityFund, and Hoyer, as well as numerous angel investors, including the founders of Flixbus, Grover, and Seven Senders, also participated in the round.
Colonia Technologies says it intends to utilize the investment to enhance its platform’s features.
The company also launched a new feature that offers users additional payment security.
Founded by Jakob Sadoun and Kaspar Filipp in May 2021, Colonia Technologies enables logistics companies to share vehicles via a secure marketplace equipped with user-friendly fleet management software to operate fleets more effectively.
The German company’s customers include transport and logistics companies of all sizes from various industries.
These companies have their own commercial vehicle fleet and flexible commercial vehicle requirements.
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