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Electric-first freight platform secures funding to expand AI-based network

By Michelle Froese | July 28, 2025

Nevoya, an electric-first freight carrier specializing in zero-emission trucking, has secured $9.3 million in seed financing to expand its fleet and further develop its AI-powered logistics platform.

As freight and logistics industries face increasing pressure to decarbonize and modernize, Nevoya is developing a fleet architecture built specifically for electric trucks, managed by a proprietary AI-based Transportation Management System.

Rather than retrofitting electric vehicles into legacy diesel systems, Nevoya’s operations are designed from the ground up to optimize electric fleet performance through predictive routing, dynamic charging schedules, energy-aware load planning, and real-time emissions tracking.

This system integrates vehicle, charging, and logistics data to enhance fleet utilization and lower operating costs, while providing end-to-end visibility for shippers and 3PLs. Customers receive insights into energy consumption, cost breakdowns, and delivery performance, supporting better operational decision-making across freight networks.

Nevoya’s approach reflects a broader shift in the freight industry, where electrification is no longer a marginal experiment but an increasingly viable model, especially when combined with intelligent systems that mitigate the operational complexity of zero-emission fleets.

According to industry data, companies investing in AI-driven logistics have already reported significant gains in delivery time and fuel efficiency. Nevoya aims to extend those gains into the electric domain by treating energy and emissions as core engineering constraints, not afterthoughts.

The company is currently operating in corridors with high shipper demand and has onboarded multiple Fortune 500 companies and third-party logistics providers. The funding will support geographic expansion, further development of Nevoya’s software platform, and hiring across engineering, operations, and customer support functions.

The round was led by Lowercarbon Capital, with participation from Floating Point, LMNT Ventures, Third Sphere, Stepchange, Never Lift, and strategic angel investors including Qasir Younis, CEO of Applied Intuition.

Nevoya’s platform and business model are being positioned as part of the structural transition toward electrified freight, especially as regulatory, economic, and environmental pressures converge on traditional diesel carriers. With a focus on scalable electrification infrastructure and intelligent system design, the company seeks to accelerate logistics performance while reducing emissions across the supply chain.

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Tagged With: nevoya
 

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