The funding round was led by Oxford Innovation Finance to support artificial intelligence developments and platform enhancements.
"We’re excited to progress this new phase of growth with backed support from Oxford Innovation Finance. Their experience with scaling technology businesses and access to a high-quality investor network will be invaluable as we deepen our AI capabilities, enhance our platform and expertise, and transform the air cargo charter industry to define the digital future for freight forwarders."
Eurazeo led the Series C financing, which will accelerate product development and international expansion.
"This new round allows us to bring forward transformational capabilities that our customers are asking for. By combining full-stack engineering with zero customer complexity, we are building advanced agentic systems powered by the industry’s richest set of real-world logistics data. This will help warehouses and supply chains shift from systems of record to true systems of action."
The funding follows Mapify's selection as the sole Scottish startup in Antler's latest London residency cohort.
"Partnering with Antler in their new cohort is further validation of the problem we're solving and the results we're already delivering. Logistics downtime costs the global economy billions, and our mission is to put powerful, easy-to-use tools into the hands of every logistics manager to reduce that burden."
Pear VC led the seed round for Wexler to accelerate product development and support international growth.
"We’re replacing slow, manual, and error-prone litigation review with a system that thinks like a litigator but operates at machine scale and speed. With our newest release, litigators can not only build a winning case strategy by mastering the evidence, but challenge inaccuracies as they happen in proceedings."
The oversubscribed round was backed by Ascension alongside a syndicate of parcel delivery executives and industry experts.
"The era of scaling a parcel delivery operation by throwing people at the problem is over. Manual labour is a tax on every parcel you ship. We are building the autonomous workforce for the future of parcel delivery, where networks run on intelligence, not headcount. This funding from leaders who have lived this pain is the ultimate confirmation of the industry’s urgent need for this change."
