NexDash, a German-based logistics startup, has raised €5 million in a Seed spherical to construct Europe’s first “Neo-Service” for electrical vans, simply three months after its founding.

The spherical was led by Extantia Capital with participation from Clear Power Ventures, supporting NexDash’s goal to speed up the shift from diesel to electrical freight by a digitally orchestrated, zero-emission trucking community.

“Germany’s electrification begins with logistics,” says founder and CEO Michael Cassau. “We consolidate, remodel, and electrify diesel fleets – constructing Trucking-as-a-Service made in Europe. The final decade was about neobanks; the subsequent is about neo-carriers.”

EU-Startups has beforehand featured Michael Cassau in each an announcement of his participation on the EU-Startups Summit 2025 and an earlier look on the EU-Startups Podcast in 2022, underscoring his ongoing visibility inside the European startup ecosystem.

In 2025, a number of European startups energetic in logistics electrification and adjoining mobility infrastructure secured new funding, together with Delta Cost (€3.7 million, Sweden/Germany) to scale truck-charging depots and battery-enabled industrial hubs, Evera (€2 million, France) to increase its subscription-based electrified fleet mannequin, Deftpower(€12.5 million, Netherlands) to broaden its AI-powered EV-charging platform, and Hyperdrives (€3 million, Germany) to scale electrical drive techniques for industrial mobility.

Collectively, these rounds quantity to roughly €21.2 million and illustrate a gentle circulation of capital into the electrification of transport – spanning fleet fashions, charging infrastructure and drivetrain innovation.

Set in opposition to this backdrop, NexDash’s €5 million Seed spherical provides one other German case to the 12 months’s exercise and positions it inside a broader motion to decarbonise heavy-duty logistics, alongside neighbouring investments within the enabling applied sciences required for Europe’s shift away from diesel.

Joern-Carlos Kuntze, Companion at Extantia Capital, provides: “Electrification in heavy-duty transport doesn’t fail due to expertise, however due to orchestration. NexDash integrates software program, infrastructure, and capital the place it issues most – in operations.”

Based in 2025, by Michael Cassau, the entrepreneur behind tech-rental unicorn Grover, NexDash is tackling certainly one of Europe’s most carbon-intensive sectors.

EU-Startups has lined Grover extensively all through its development, current protection contains their 2024 €50 million elevate, and their 2022 €270 million elevate.

In accordance with information supplied by NexDash, heavy-duty vans generate roughly 35% of transport-related CO₂ emissions, whereas greater than 90% of logistics operators depend on small, ageing diesel fleets with minimal digital infrastructure and restricted capital. The transition to electrical trucking has been sluggish as a consequence of excessive upfront prices, operational complexity, and a scarcity of charging networks.

NexDash seeks to beat these obstacles by its proprietary AI-powered working system NexOS, which orchestrates fleets, power provide, and financing in actual time. This technique permits the coordination crucial for scalable electrification and, in the long term, autonomous logistics.

NexDash will use the funding to amass mid-sized logistics operators, electrify their fleets by way of scalable structured financing, and handle operations by its Trucking-as-a-Service (TaaS) platform. The goal is to construct a totally electrical freight community that’s digitally managed, economically viable, and environmentally sustainable.

Cassau is joined by Karsten Sachsenröder, a former govt at DB Schenker, bringing business experience to the desk. Collectively, they’re designing a mannequin that blends digitalisation, electrification, and consolidation – addressing not simply the tech, but in addition the capital and operational roadblocks which have stored logistics caught within the diesel age.

Daniel Goldman, Managing Companion at Clear Power Ventures, highlights the corporate’s scalable, data-driven mannequin in a sector “ripe for disruption.”

The Seed funding will finance early electrical truck deployments, assist charging infrastructure by partnerships with power suppliers, fund acquisitions, and energy the continued improvement of NexOS.

With its sights set on a Europe-wide rollout, NexDash is positioning itself as a foundational participant within the continent’s inexperienced logistics future.