NexDash raises €2.5m: Evertrace spotted Michael Cassau 334 days earlier

NexDash has raised €2.5 million through a pre-Series A commitment. The Berlin-based company acquires established trucking businesses, switches their fleets to electric vehicles and runs them through its own software. Evertrace spotted a signal of company formation for founder Michael Cassau 334 days earlier.

Before the round

Evertrace first detected a signal of company formation for founder Michael Cassau in July 2025. Cassau had previously founded Grover. The company formation signal pointed to his next venture in road freight, months before NexDash announced this investment from EIT Urban Mobility.

What they're building

Replacing a diesel truck is only one part of making electric freight work. Operators also need access to capital and a way to manage routes, vehicles and energy together.

NexDash combines those pieces through an integrated logistics business. It buys mid-sized trucking companies and uses its NexOS platform to manage their operations as the fleets move to electric vehicles.

The round

EIT Urban Mobility's €2.5 million investment is a pre-Series A commitment securing its participation in NexDash's upcoming Series A. The funding will help convert fleets and expand across the company's core markets, following its acquisition of March Transporte.

Read the funding announcement →

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