Nevoya, a U.S.-based electric trucking startup focused on artificial intelligence, has raised $9.3 million in seed funding to expand its logistics operations and accelerate the deployment of its proprietary zero-emissions freight platform. The funding round was led by Lowercarbon Capital and included participation from Floating Point, LMNT Ventures, Third Sphere, Stepchange, Never Lift, and several angel investors, including Qasar Younis, CEO of Applied Intuition.
The company is developing an AI-native, fully electric trucking operation built from the ground up to reduce emissions and improve operational efficiency in the U.S. freight market. Nevoya’s platform includes a proprietary Transportation Management System (TMS) designed to optimize fleet usage, route planning, and energy consumption while offering real-time analytics on emissions and cost.
“Nevoya is outperforming legacy diesel trucking economics,” said Shawn Xu, Partner at Lowercarbon Capital. The company said its system enables up to 30% reductions in delivery times compared to traditional diesel carriers by using real-time optimization and predictive algorithms.
Nevoya is targeting the growing electric truck market, which analysts project could reach $125 billion globally by 2030. The startup says it differentiates itself from competitors by designing its logistics model natively for electric vehicles, rather than retrofitting existing diesel systems.
“We embed ourselves in our customers’ operations, uncovering insights others miss,” said Sami Khan, Nevoya’s co-founder and CEO. The company has onboarded several Fortune 500 clients and major third-party logistics (3PL) providers within its first six months of operation.
Nevoya’s TMS platform also provides tools for managing battery performance, predicting charging needs, and offering performance metrics through machine learning. The company said this data-driven approach supports customers in making strategic decisions around fleet operations, cost management, and sustainability goals.
With the new investment, Nevoya plans to scale its operations, expand into new markets, and enhance its AI-driven technology with additional predictive features. The company will also grow its team across engineering, sales, customer success, and operations.
The seed round comes amid broader industry efforts to integrate AI and electrification into logistics, with 61% of logistics leaders identifying AI as a strategic priority, according to the company. Nevoya is positioning itself as part of this shift, aiming to deliver both environmental and economic benefits through a zero-emissions freight model.