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Everysens raises 6 million euros for the rail industry.

02 Jun, 2023
Transaction services: 2CFinance conducted financial due diligence of Everysens.

Rail freight flow management software raises €6 million from Alter Equity, Rev3 Capital and business angels.

Founded in 2015 within the Euratchnologies incubator by Youness Lemrabet, Everysens develops a SaaS platform enabling manufacturers to control and track their goods end-to-end and in real time.

Thanks to a sensor integrated into rolling stock, it enables real-time logistics tracking, to locate freight wagons and relay this information via its platform.

Everysens has developed a software program called the Transport Visibility & Management System (TVMS), which facilitates and structures exchanges between the various players involved, such as shippers, wagon hire companies, rail operators, network managers, carriers and consignees.

Its tool can be used to identify unforeseen events on the ground, such as technical incidents, route changes or unforeseen events, to give an accurate estimate of arrival time.

It has also set up a CO2 sensor that compares routes to accurately measure and value the carbon impact of their shipments.

The startup's goal? To accelerate the decarbonization of freight transport.

The rail sector is one of the few sectors that effectively reconciles economy and ecology. However, it is also an indicator of a country's industrialization. The European Green Deal has set the target of doubling rail's share of freight transport to 30% by 2030.

The startup has already attracted 25 customers in 10 European countries, including ArcelorMittal, Arkema, Cargill, HeidelbergCement and TotalEnergies.

This round of financing will enable Everysens to invest in R&D and roll out its solution across Europe.

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