FRYTE Mobility lands €3.5M to build the coordination layer for eTruck charging
FRYTE Mobility, a Munich-based tech startup building the central software platform to connect logistics and energy systems for eTruck operations, has closed its €3.5 million Seed round, bringing total...
Munich-based FRYTE Mobility has secured €3.5 million in Seed funding to expand its software platform that connects eTruck fleets with charging infrastructure across Europe. The round was led by 4impact capital and Rethink Ventures, with participation from Revent, F-LOG, accilium ventures and angel investors.
The capital will be used to scale FRYTE's platform across Europe, bridging the gap between logistics management systems and charging point management systems. Pauline Wink, Founding Partner at 4impact capital, commented that electric trucks are nearing cost parity with diesel in several European countries and the continent is on track to have hundreds of thousands of eTrucks by 2030.
FRYTE Mobility operates a matchmaking platform for fleets and charging infrastructure, offering charging points and recommending the best partners for fleet routes. By coordinating charging times and locations, the company provides reliable charging slots for eTruck operators and predictable utilisation for charging point operators.
The platform connects logistics platforms to Charge Point Management Systems (CPMS) via industry standards, enabling real-time, cross-border bookings. FRYTE is fully operational across multi-provider sites and has processed over 200 end-to-end bookings. The startup plans to use the new funding to expand its commercial team and deepen integrations with charging point operators and their management systems.
Written by urgent.news from EU-Startups's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
