sennder raises €228M in equity and debt for road freight
Berlin's sennder pairs €73M of equity from Scania and Poste Italiane with €155M of credit from Coface, the EIB and Deutsche Bank, with profitability reached.
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Berlin, Germany
Berlin freight platform sennder raised €228M on November 11, 2026, Tech.eu reported, combining €73M in equity from existing investors led by Scania and Poste Italiane with €155M in credit facilities from Coface, the European Investment Bank and Deutsche Bank to integrate an acquired road freight business, expand its network and roll out AI agents.
A €228M package built from two kinds of money
sennder announced the financing on November 11, 2026, according to Tech.eu. The equity part is €73M, all from existing investors, with Scania and Poste Italiane leading. The announcement carries no stage label, so we call it a round. The debt part is €155M in three facilities, with €100M from Coface, €40M from the European Investment Bank and €15M from Deutsche Bank.
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Tech.eu reports three uses for the money: integrating the European road freight business sennder acquired from C.H. Robinson in 2024, expanding its core transport network, and rolling out its platform and AI agents to shippers, carriers and other freight companies. The valuation was not disclosed. The last publicly reported figure was about $2bn, in 2022.
Co-founder and CEO David Nothacker said in the announcement, as quoted by Tech.eu, “With profitability achieved, we now have the financial flexibility to accelerate our next phase of growth.” Verkehrsrundschau adds that sennder reported positive IFRS EBITDA on an unadjusted monthly basis in an October 21, 2026 statement, that it expects €1bn in revenue for 2026, and that the equity and debt mix is meant to limit dilution for existing shareholders.
Ten years in, 150,000 shipments a month
Founded in Berlin in 2015, sennder is a freight forwarder that matches businesses shipping goods by road with trucking companies, according to Tech.eu, which counts more than 150,000 shipments a month. The full company record sits on its Sesamers startup profile.
Integrating the European road business bought from C.H. Robinson in 2024 is the first use Tech.eu lists for the money, and that kind of integration is slow work. The good news is that sennder starts it with positive monthly EBITDA already reported. If the integration holds, the opportunity is a larger book of loads running through the same network.
1.8% for the trucks, 25% for the software
Road freight in Europe is a slow-growing giant. Technavio expects the European road freight market to add $41.2bn between 2025 and 2029, a CAGR of about 1.8% (Technavio, January 2025). The software layer that fills those trucks grows faster. KBV Research forecasts a 25% CAGR for European digital freight brokerage over 2025-2032, with Germany reaching $2.02bn by 2032 (KBV Research, April 2025).
Two forecasts from two publishers measure different markets, and we read them side by side with that caveat. Technavio puts European road freight growth under 2% a year and KBV Research puts digital brokerage at 25%, so the faster-growing segment in these forecasts is the software layer. sennder works in both, moving loads through its network and rolling out the platform that books them.
Where €73M sits among our logistics rounds
Our own records give the scale. Conlio raised €6.4M on November 3 from Piton Capital to check freight paperwork with AI, and PORT raised €14.5M on November 10 from EBRD and Balnord for autonomous urban delivery. sennder’s equity alone is more than eleven times Conlio’s round and about five times PORT’s. Other logistics rounds are tracked on the logistics funding desk and in our fundraising data.
Who put money into sennder
The backers fall into two groups. The equity came from a Swedish truck maker and Italy’s postal operator, both already investors. The debt came from a credit insurer, the EU’s long-term lending institution and a commercial bank. The silver lining is that sennder now borrows as a company reporting positive monthly EBITDA, with €155M in facilities from those three lenders.
What to watch is the revenue line. sennder expects €1bn in revenue for 2026, according to Verkehrsrundschau, and its full-year numbers will show whether monthly EBITDA holds across twelve months. Let’s watch that number!
