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Aifleet raises $16.6M to scale up AI-driven trucking solutions

Aifleet raises $16.6M to scale up AI-driven trucking solutions

September 10, 2024: Aifleet Secures $16.6M for AI Trucking Tech - Aifleet Inc., an AI-driven trucking startup, has raised $16.6 million to enhance its technology for optimizing routes and load planning. Founded in 2020, the company aims to improve trucking efficiency, lower costs, and offer better pay for drivers. Aifleets technology reportedly delivers 40% higher utilization and a fivefold profit increase compared to traditional carriers. The Series B funding, led by Heron Rock Fund LP, alongside Volvo Group and others, brings Aifleets total funding to nearly $50 million.

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