Overview
Vectrix, an Antwerp-based AI transport order automation platform, has raised €1.15 million in seed funding led by RDY Ventures, with participation from Seeder Fund, PMV, and Prequel Ventures. The funding will aid in team expansion, product development, and growth across Europe. Vectrix's technology automates the manual entry of transport orders, reducing processing time from eight minutes to two and minimizing human error. The startup has processed over 25,000 orders and aims to double its team by 2026 while expanding into Germany, the Netherlands, and the UK.
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Investors: RDY Ventures, Seeder Fund, PMV, Prequel Ventures
Vectrix, an Antwerp-based AI transport order automation platform, has raised €1.15 million in seed funding led by RDY Ventures, with participation from Seeder Fund, PMV, and Prequel Ventures. The funding will aid in team expansion, product development, and growth across Europe. Vectrix's technology automates the manual entry of transport orders, reducing processing time from eight minutes to two and minimizing human error. The startup has processed over 25,000 orders and aims to double its team by 2026 while expanding into Germany, the Netherlands, and the UK.
Investors: RDY Ventures
Antwerp-based Vectrix, an AI-powered order entry platform for the logistics industry, has secured €1.15 million in seed funding led by RDY Ventures. The funding will support its expansion into European markets and enhance product development. Vectrix automates the manual entry of transport orders, reducing processing time from eight minutes to two and minimizing errors, thus addressing the challenges faced by logistics companies managing numerous transport requests.