BMH BRÄUTIGAM advises Tracks on € 2 million financing round

BMH BRÄUTIGAM has advised Berlin-based logistics startup Tracks on its €2 million Pre-Series A financing round.

Founded in 2018, the Berlin-based company aims to use artificial intelligence to make road freight transport more efficient, safer, more sustainable and fairer. For example, logistics companies have the opportunity to monitor the CO2 emissions of their vehicles via the company's platform. In addition to lead investor MobilityFund, IBB Ventures, Future Energy Ventures, Reederei NORD, Hiller Logistik and Golzern Holding also participated in the financing round. The fresh capital will enable the company to enter the market on a broad scale as well as to further develop the Tracks platform and expand the team.

Background: In addition to investors, BMH BRÄUTIGAM also regularly advises emerging startups during the founding phase and in subsequent financing rounds. We are pleased to continue to accompany Tracks on its growth path after the financing round. The contact to Tracks came about through recommendations from the market.

Team BMH BRÄUTIGAM: Dr. Alexander Wulff, Katharina Erbe (both Venture Capital)