Munich's FRYTE Mobility raises €3.5m to link eTruck fleets with charging network
The Munich startup, which builds software connecting logistics and energy systems for electric trucks, closed a Seed round that lifts its total funding to €5 million.
AfroEuropa Newsroom
AfroEuropa desk
FRYTE Mobility, a Munich-based startup developing a software platform that ties together logistics and energy systems for electric truck operations, has closed a €3.5 million Seed round. The company said the raise brings its total funding to €5 million.
The round was co-led by 4impact capital and Rethink Ventures. Existing backers Revent, F-LOG and accilium ventures took part, alongside a group of angel investors.
FRYTE plans to use the capital to expand its platform across Europe, linking electric trucks with the charging infrastructure they require. The company runs a matchmaking service that pairs fleets with charging points, whether private or public, and makes recommendations based on those needs.
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