WaVe-X: Walter Group VC invests in Berlin-based tech company Conlio
DE · WaVe-X: Walter-Group-VC steigt bei Berliner Tech-Unternehmen Conlio ein
Austrian investor WaVe-X has invested in the Berlin-based logistics startup Conlio. Together with other investors, the CVC arm of the Walter Group aims to support the development of an AI platform designed to automate administrative processes in transport logistics.
Vezetői összefoglaló (AI)
- WaVe-X, along with Haufe Group Ventures and F-Log, is participating in a Piton Capital-led funding round for the Berlin-based logistics startup Conlio.
- Conlio is developing an AI platform that verifies waybills, delivery notes, and invoices; according to the company, more than 90 percent of document checks can be automated.
- The capital will support the expansion of the technology team and the company's growth in Europe; Conlio states that the platform can improve freight forwarders' EBIT by up to 30 percent.
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