Accelerator for Fretlink! The start-up specialist road transport announces Monday have completed a new round of table of 25 million euros. The young shoot had completed a series A of 6 million euros just two years ago. All the shareholders who had then participated in the transaction (Daphni, Elia Partners, Breega Capital, The Family, SGH Capital and Tekton Ventures) have also returned to the pot, covering just over 12 million euros. The other half was brought by new entrants to the capital: the Weaving Invest fund, the business angel FGrinda, who has invested in Dropbox or BlaBlaCar, but especially the corporates Edenred and TIP.
A major axis of development for the startup since the two companies are at the heart of the challenges of transport logistics. Edenred thus has a vertical dedicated to professional mobility and more specifically to fleet management. For its part, TIP specializes in leasing industrial vehicles and has more than 70,000 trucks in Europe. These two new shareholders should allow Fretlink to enrich its offer of various services, the startup aspiring to integrate various offers (purchase of trucks, equipment and accessories or optimization of the management of fuel costs …) all along the transport chain so as not to be confined to the simple role of intermediary.
Optimize logistics costs
Fretlink has developed a solution to connect industrial chargers to a network of more than 5,000 regional European carriers with some 200,000 trucks. The platform centralizes data throughout the transportation chain, from shipper needs to available transportation capacity, to transportation plans. This allows companies to optimize their logistics costs by arbitrating, not only according to the tariffs charged by carriers, but according to two other complementary criteria: the loading capacity available at a time T – because that is where the problem crystallizes – and the quality of service offered by the different carriers.
" Logistic monitoring avoids additional costssays Paul Guillemin, CEO and co-founder of Fretlink. By choosing a carrier on the only price comparison, shippers are encouraged to retain the one offering the most competitive rates, at the risk of having to pay compensation to its customers or suppliers if the shipment arrives late, for example. Fretlink's idea is precisely to guarantee its customers optimal visibility of their logistical costs while allowing them to visualize the optimization possibilities, by pooling loads, for example.
In just three years of existence, the startup solution has already convinced more than 400 customers, including several big names in the industry as services, like Saint-Gobain, Nestlé or Bouygues but also Intermarché, Alinéa or ShowroomPrivate. And the young push does not intend to stop there.
Focus on Europe
In addition to new services that Fretlink promises to integrate into its offering, the startup also wants to broaden its horizons. Although she is already working all over Europe to be able to efficiently track shipments, she wants to open several sales offices in different neighboring countries, starting with Germany and Belgium, where the company is set to open in the summer. Poland should follow in the coming months. "Our customers have supply chains and problems on a European scale, with industrial sites in several countries and complex transport plans. We hope, through this expansion, to develop strong relationships with local stakeholders and continue to build a standard of transport organization across Europe", Explains Paul Guillemin.
The challenge of fundraising also lies in scaling up the solution: " we will go from a few trucks per industrial to several hundred or even thousands", Emphasizes the entrepreneur. For this, the startup will strengthen its workforce, now composed of about 80 people, and will recruit a hundred employees by the end of 2020.
Here is what you want to know before seeing your regional medical dispensary:You will need a physician’s recommendation, medical cannabis certificate, and/or whatever appropriate documentation is needed by your state. Ordinarily, you must be 18 or older to qualify for a medical consent, but exceptions may be made in some states for minors with particularly debilitating conditions. You will often enroll with a medicinal dispensary. This is to maintain your medical cannabis recommendation or certification on file for regulatory and legal purposes. There’ll be a waiting room. This is to control the flow of product and patients, but a simple dividing wall gives patients privacy and direct one-on-one contact with a budtender to discuss medical issues. Many times, but not necessarily, your purchases will be monitored by medical dispensaries. This procedure can help budtenders and patients track effective medication as well as possess a living listing of producers and goods for future reference and follow up. Medicinal dispensaries usually permit you to smell and examine the buds prior to purchase. This may vary from state-to-state.
Yes, municipal approval is necessary prior to the AGLC will subject a retail cannabis license. Applicants should get in contact with their intended municipality to learn requirements regarding municipal retail cannabis laws, zoning requirements, land-use restrictions, and location requirements concerning how close a retail shop is to a provincial health care centre, school, or parcel of property designated as a school reserve.
Keep non-medical cannabis legal Adults who are 19 decades or older are able to:Have up to 30 g of authorized dried cannabis or the equivalent in their person. Share up to 30 gram of legal cannabis along with other adults in Canada. Purchase cannabis products from a Yukon Liquor Corporation licensed merchant. Grow up to four plants per family. It is illegal to present non invasive cannabis to anyone below the age of 19 and also for anyone under the age of 19 to possess any quantity of anti inflammatory cannabis in Yukon.It is illegal and dangerous to drive while under the influence of cannabis or other intoxicants.