German-Polish trailer manufacturer Blyss acquires a stake in Traxi alongside historic investor Via ID.
Startup Traxi, known for its innovative trailer rental solution, has announced a €1,5 million funding round from German-Polish trailer manufacturer Blyss. With this funding, Traxi aims to consolidate its position as a leader in the self-service trailer market in Germany, while stepping up its expansion in Europe.
Traxi: a rapid expansion and a strong partnership with ATU
Traxi has developed a system that allows users to rent a trailer 24/7 via a mobile app. With just a few clicks, the trailer is released from its docking station and ready for use. No hidden booking fees, deposit requests or penalties: billing is done by the minute, with the system automatically selecting the most cost-effective rate.
Founded in May 2020, in Gelsenkirchen, Germany, the startup launched its first pilot projects in early 2021, precisely in North Rhine-Westphalia. Today, Traxi has deployed 255 trailers and 352 stations, across 74 locations (including 44 within ATU car centres, with a shared goal of reaching 50 car centres).
€1,5 million fundraising to bolster Traxi’s growth
Traxi welcomes a new investor alongside Via ID: the German-Polish trailer manufacturer Blyss, which is joining the startup’s capital with a €1,5 million investment.
“We are delighted with our collaboration with Traxi. The startup’s healthy and rapid expansion in the German market showcases its strong growth potential. Given the current outlook and the pipeline, we consider that time has come for Traxi to accelerate its deployment and open up new markets”Jean-Luc Rippinger, Venture Partner & Director of European Operations at Via ID.