Meight Secures €3.4M to Transform Freight Operations with Trucking Platform

Meight, a cutting-edge intelligent transport platform, has raised €3.4 million in funding to enhance and expand its capabilities across Europe. Founded in 2021, the company has created a comprehensive platform designed to revolutionize trucking operations by automating and streamlining various aspects of freight management. The platform aims to help companies transition to paperless operations, significantly improving efficiency, reducing costs, and supporting sustainability within the logistics industry.

The platform is particularly beneficial for the smaller, family-owned trucking businesses that make up the majority of the market. Meight focuses on empowering these underserved players, which represent 95% of the carriers in Europe, with technology that helps them compete on a more level playing field. With the help of Meight’s intuitive system, these companies can embrace digital transformation, improve route planning, reduce fuel consumption, and ultimately boost their profitability.

Meight’s solution provides a complete suite of features that covers every stage of the freight process. From booking and dispatching to route optimization and real-time tracking in Autopilot mode, Meight’s platform makes the logistics process more efficient and transparent. It leverages advanced data analytics to minimize unnecessary trips, helping to reduce both operational costs and the environmental footprint of the transportation industry. One of the standout features of the platform is its patented fuel savings tool, which enables users to save on fuel consumption—a key area of cost for freight companies.

The €3.4 million funding round was led by Cusp Capital, with additional backing from Grupo Lusiaves, Faber, and EIT Urban Mobility. Dr. Maximilian Rowoldt, General Partner at Cusp Capital, emphasized the critical role that road freight carriers play in the European economy, noting that over 500,000 carriers transport 77% of inland freight in Europe. Meight’s platform is seen as a game-changer, offering these carriers a smart system that not only makes their operations more efficient but also delivers tangible returns on investment, especially through fuel savings.

Meight’s platform has already attracted a number of top logistics companies across Europe, indicating strong demand for its solution. With the new funding, Meight plans to accelerate its growth, expand its platform’s capabilities, and refine its technology to further automate and optimize the freight management process. The company is also set to increase its customer base, adding both small carriers and large enterprise customers to its roster. The ultimate goal is to build the future of trucking, using technology to drive efficiency, profitability, and sustainability across the European logistics industry.

In addition to scaling its platform, the funding will allow Meight to enhance its customer experience by adding new features and expanding its support infrastructure. The company aims to continue improving the operational efficiency of its users, creating a seamless and automated freight management process that benefits both small carriers and large logistics firms.

With the backing of this investment, Meight is strategically positioned to emerge as a dominant force in the European transport management sector. By offering innovative, data-driven solutions that streamline and automate logistics operations, the company is set to address the increasing demand for smarter and more efficient transport management systems. As the logistics landscape evolves, Meight’s platform will enable trucking companies—especially small and medium-sized family-owned businesses—to stay competitive, reduce operational costs, and adopt sustainable practices, while simultaneously contributing to the overall modernization of the European freight industry. Through continued development and scaling, Meight is well on its way to becoming a key player in shaping the future of transportation and logistics across Europe.