Moeco

Moeco German is a startup founded in 2017 by a former employee Yota and one of the participants in the Russian development project smartphone YotaPhone Dmitry Gorilovsky. He developed a service platform for end-to-end analytics for logistics data with real-time transmission. The technology optimizes supply chain by significantly "reducing manual labor costs and improving the quality of service," the company says.

The Moeco solution includes budget one-time sticker trackers that deliver real-time information, and a web platform with geolocation and cargo status data, which allows you to track impacts, temperature, humidity and lighting levels during cargo transportation. This data helps logistics companies significantly reduce risks and improve the supply chain.

History

2022: Attracting $2.5 million investment

At the end of May 2022, it became known about the investment of $2.5 million in Moeco. The NRG Ventures fund, founded by Roman Tyan, was invested in a German startup with Russian roots among other investors - it provided $250 thousand in funding.

Moeco intends to spend the funds received on expanding the team and strengthening the research and development offices, as well as on the company's entry into the Middle East market.

The platform of end-to-end analytics for logistics created by Russians raised $2.5 million

{{quote 'China is likely to use the Middle East more actively to build logistics infrastructure to Europe. In this regard, the importance of this region as an international center of the transport and logistics system at the junction of Asia, Europe and Africa will increase significantly, "said Maxim Shashenkov, partner of NRG Ventures. }} By the end of May 2022, Moeco operates in more than 180 countries. Earlier, as part of the sowing round, TMT Investments, Cats vc and the Liebermann brothers were invested in the startup.^[1]

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