Sennder, a Berlin-based freight technology company, has announced a €228 million financing round mixing equity and debt instruments as it pursues growth in Europe's road transport market. The capital injection will support the company's expansion efforts and accelerate development of its technology infrastructure.
Operating as a freight forwarder, Sennder functions as a digital intermediary between shippers requiring road transport and trucking operators seeking cargo. The platform harnesses artificial intelligence, software and data analytics to streamline Europe's traditionally fragmented road freight landscape. Shippers access the platform to locate available trucks for cross-continental shipments, while carriers use it to identify loads for their vehicles, thereby minimising empty journeys.
The equity component totals €73 million, contributed by existing backers Scanai, a Swedish transport firm, and Poste Italiane, the Italian postal operator. The debt financing comprises three separate facilities: a €100 million credit line arranged with Coface, a €40 million facility from the European Investment Bank, and a €15 million arrangement with Deutsche Bank.
This funding round follows a €26 million capital raise in 2026. The company's valuation at this latest round remains undisclosed, though it was last publicly valued at approximately $2 billion in 2022.
Founded in 2015, Sennder now processes more than 150,000 shipments monthly from its Berlin headquarters. The fresh capital will primarily support integration of the European road freight operations acquired from American logistics firm CH Robinson in 2024. Additionally, funds will accelerate expansion of its core transport network and deployment of its technology platform and AI agents to shippers, carriers and other freight sector participants.
Over the past ten years, we have built sennder through innovation and scale. With profitability achieved, we now have the financial flexibility to accelerate our next phase of growth.
David Nothacker, co-founder and CEO of sennder
Source: Tech.eu
