With the support of a leading European innovation initiative, NexDash advances its mission to make zero-emission freight commercially competitive today.
Berlin, 16 June 2026 – NexDash, the Berlin-based Neo-Carrier electrifying Europe’s road freight, today announced €2.5 million in funding from EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union. The investment is a pre-Series A commitment securing EIT Urban Mobility’s Series A participation.
NexDash is building the foundation for a new generation of logistics: acquiring established mid-sized trucking companies, transitioning their fleets to electric vehicles, and operating them through its proprietary AI platform, NexOS. Following closely on the company’s first acquisition, March Transporte in Rheinbach (NRW), the newly secured funding will accelerate fleet conversion and expansion across its core markets.
The collaboration with EIT Urban Mobility marks a key step in advancing sustainable logistics at scale. By combining NexDash’s operational model with EIT Urban Mobility’s pan-European ecosystem and mission to foster greener, more efficient urban mobility, the initiative aims to accelerate the transition to zero-emission freight while strengthening supply chain resilience across Europe.
Denise Xifara, Director of Impact Ventures at EIT Urban Mobility: “Freight electrification is one of Europe’s largest decarbonisation opportunities while strengthening the competitiveness of its logistics sector. NexDash is pioneering an integrated model that combines fleet transformation, proprietary technology, and innovative financing to make the transition commercially viable for operators. Under Michael’s leadership, the company is already scaling rapidly, and we believe its approach has the potential to unlock electrification across a sector that has long struggled to overcome the operational and financial barriers to change. Our €2.5 million commitment—the largest investment in EIT Urban Mobility’s history—reflects our conviction in both the team and the scale of the opportunity. We are proud to support NexDash on its journey.”
“We welcome EIT Urban Mobility on board. Their investment fuels what we do best: electrifying freight – fleet by fleet, route by route, across Europe,” said Michael Cassau, Founder and CEO of NexDash.
“NexDash represents a new generation of freight operators in Europe, combining technology and operations to accelerate electrification at scale. We’re excited to back this strong team on their journey ahead,” said Johannes Kirschner, Investment Manager at EIT Urban Mobility.
