Dutch state agency invests in digital freight network Quicargo
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ROM InWest, the regional development agency in North Holland, The Netherlands, led an investment round of € 2.7 million in the digital freight network Quicargo. It is the first investment in a company in North Holland for the agency founded in October 2021.
The regional development agency invested € 1.15 million. The rest of the funds have been secured by current shareholders. ROM InWest operates from Haarlem, The Netherlands, and aims to stimulate an innovative and strong entrepreneurial environment within North Holland.
The investment will accelerate the project of Quicargo to launch the first zero-emission freight network in the world. Funds will also be used to develop new control tower software (QC Hub) to provide businesses with more control and transparency regarding their supply chain.
An important contribution to a more efficient and sustainable transport industry
ROM InWest was founded last year to help entrepreneurs in North Holland with their business plans and investments. Stimulating energy transition and the transition to a more circular economy are focal points for the agency. The investment from the ROM InWest in Quicargo contributes to transforming the transport industry by making it more efficient and sustainable.
Janet Nieboer, CEO ROM InWest: “We, the ROM InWest, are happy that we can assist Quicargo with this investment. Besides the investment, we also help Quicargo by including them in our broad network of business experts. The company is innovative, embodies entrepreneurial ability, and its sustainable goals fit the ambitions of the ROM InWest to accelerate innovation and energy transition in North Holland.”
The logistics industry is one of the most polluting industries. Trucks usually drive at full capacity to their destination but return empty or partially empty, resulting in inefficiencies and unnecessary CO2 emissions. To resolve this issue, and bridge the gap between supply and demand, Quicargo has created a digital platform that efficiently connects shippers and carriers, providing affordable shipping solutions and making transportation sustainable with quantifiable CO2 reductions.
Avishai Trabelsi, CEO at Quicargo: “Our platform retrieves thousands of different data points and finds the best match between shipper and carrier. This greatly helps to improve optimizing the loading capacity of trucks across Europe, saving CO2 emissions and costs, and reducing the pressure on the workforce. We also support the complete operational flows between shippers and carriers, so as to provide both parties with peace of mind”.
Findings IPCC reports: act now!
A trigger for Quicargo was the last-year released reports and findings from the IPCC. Warnings about the continuously rising global temperatures and their consequences need to be addressed. Quicargo is clear in its messaging: we need to act now to stop these disastrous developments.
Trucks in Europe are responsible for 22% of road traffic emissions. The European Commission expects that transport by trucks will increase by 50% between 2010 and 2050. Trabelsi: “By filling empty trucks, we already save tons of emissions. Yet, we believe that we can even do better by acting quickly. That is why we are now working on launching the first zero-emissions freight network in the world.”