Dr. Maximilian Rowoldt, General Partner at Cusp Capital, states, "Road freight carriers are the backbone of logistics, with over 500K carriers moving 77 per cent of inland freight in Europe alone. Meight empowers the operations of road carriers with a first-of-its-kind system of intelligence and provides direct ROI for customers via their patented fuel savings feature."
Luis Mendes, CEO and co-founder of Meight, comments, "We are thrilled to have Cusp Capital on board to support our vision of revolutionizing the logistics of road freight in Europe. This funding will enhance our platform, driving automation and efficiency in small trucking businesses, which are vital to the industry."
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