French AI-driven logistics platform Zozio has raised €4 million in funding.
The round was led by Capricorn Partners and saw the participation of Industrya and The Faktory Fund.
The startup will triple its workforce to further develop its solution offering for manufacturing players across Europe.
The funds will also be used to expand the company internationally, including distribution partnership and a new office in Germany this year.
Founded in 2019 by Bastien Triclot and Fabrice Jutteau, the predictive logistics platform aims to become the benchmark logistics platform for the industry of tomorrow.
This startup helps its customers optimize their factories by collecting, visualizing and analysing field data within and outside the factory.
Thus, the technical operator is free from repetitive manual tasks and the operational manager is supported in making decisions for logistical planning.
The company is currently working with the likes of L’Oréal, Saint-Gobain, Renault, and Daher.