By establishing a completely new software category in the system landscape of production, logistics and retail companies, Logistikbude convinces a renowned consortium of investors and receives over five million euros in a Series A financing round.
The Dortmund-based tech company has developed a software solution that enables companies to easily control load carriers such as pallets, containers or racks digitally - solving a challenge that almost every company along the supply chain struggles with.
Logistikbude has thus established a new software standard, the Load Carrier Management System (LCMS). This solution is designed to fully automate the management of load carriers. By integrating information from existing IT systems such as warehouse management systems (WMS) and transport management systems (TMS) and using artificial intelligence (AI) to process documents, the previously manual and error-prone process is digitalised. The software should make it possible to automate workflows that previously took many hours of labour.
From spin-off to international expansion
Logistikbude was founded in 2021 by Dr Philipp Hüning, Michael Koscharnyj, Patrik Elfert and Jan Möller as a spin-off from the Fraunhofer Institute for Material Flow and Logistics (IML). The founders used their experience to develop a solution that addresses the complexity and inefficiency of load carrier management in many companies. As early as 2023, the company was able to secure seed funding and received over two million euros. Since then, the team has grown to 25 employees and manages more than 50 million load carriers per month for customers such as the Nagel-Group and Dachser.
Investors focus on growth
The current financing round is led by Capnamic, one of the leading venture capital investors in Europe. Moguntia Capital and existing investors such as the Fraunhofer Technology Transfer Fund (FTTF) and Rethink Ventures have also increased their commitment. With the new capital, Logistikbude plans to drive forward the automation of load carrier processes and scale its software solution internationally. „With the fresh capital, we are scaling our LCMS internationally and consistently expanding our leading position in this newly emerging software category,“ explains Michael Koscharnyj, Co-Founder and COO of Logistikbude.
Source: Logistics centre
