SOSV

SOSV, established in 1995 and headquartered in Princeton, New Jersey, is a global venture capital firm specializing in early-stage investments. It focuses on deep tech innovations in the health and environmental sectors, supporting founders with breakthrough technologies through its HAX and IndieBio startup development programs. SOSV provides resources, facilities, and lab equipment to accelerate product development and scale, with a track record of helping its portfolio companies secure subsequent funding rounds led by top-tier investors.

Hugh Bowen

Associate

Navin Danapal

Director, South East Asia

Weichang Ge

Analyst

Bradford Higgins

Venture Partner

Katie Hoffman

General Partner

Mohan Iyer

General Partner

Benjamin Joffe

Partner

Ji Ke

Partner

Stephen McCann

CFO and General Partner

Carthach McCarthy

CFO

Paul Monaghan

Principal

Brian Murphy

Finance Director

Eric Ramsay

Analyst

Sabriya Stukes Ph.D

Partner

Past deals in Transport and logistics

XFuel

Series A in 2025
XFuel is a company focused on producing sustainable and net-zero advanced fuels for the road, marine, and aviation sectors. Founded in 2010 and headquartered in Dublin, Ireland, with additional operations in Palma de Mallorca, Spain, XFuel has developed innovative technology for the efficient conversion of biomass waste into low-carbon fuels. This process results in a clean, drop-in fuel that can be utilized by distributors and consumers globally, offering a cost-effective alternative to traditional fossil fuels. XFuel's production methods lead to up to 85% fewer greenhouse gas emissions compared to conventional fuel production, with a clear pathway towards achieving carbon-neutral and carbon-negative fuel solutions.

NanoPlume

Seed Round in 2024
NanoPlume is a biomaterial manufacturer specializing in the large-scale production of innovative, eco-friendly biomaterials, notably Bio-Aerogel. The company focuses on creating advanced insulating biomaterials and aerogels, aiming to enhance energy and space efficiency, as well as promote circularity across various industries. By utilizing organic and recycled feedstocks and green technology, NanoPlume reduces waste and minimizes energy consumption. Its products are designed to insulate cargo boxes in the cold chain healthcare logistics sector, reducing payload and energy consumption, and extending battery range.

Ayrton Energy

Seed Round in 2024
Ayrton Energy, founded in 2021, is focused on enhancing energy security through innovative hydrogen storage technology. The company specializes in developing a dense storage medium for hydrogen, enabling its storage in liquid form. This approach allows for safer and more efficient handling and transportation of hydrogen, differentiating it from traditional fuels like gasoline. Ayrton Energy's technology facilitates the use of existing infrastructure, including tanks, rail cars, transport trucks, and pipelines, to deliver hydrogen effectively. By providing solutions for hydrogen storage and transportation, Ayrton Energy aims to support clients in utilizing hydrogen as a fuel source for power generation, thereby contributing to overall energy security.

XFuel

Seed Round in 2024
XFuel is a company focused on producing sustainable and net-zero advanced fuels for the road, marine, and aviation sectors. Founded in 2010 and headquartered in Dublin, Ireland, with additional operations in Palma de Mallorca, Spain, XFuel has developed innovative technology for the efficient conversion of biomass waste into low-carbon fuels. This process results in a clean, drop-in fuel that can be utilized by distributors and consumers globally, offering a cost-effective alternative to traditional fossil fuels. XFuel's production methods lead to up to 85% fewer greenhouse gas emissions compared to conventional fuel production, with a clear pathway towards achieving carbon-neutral and carbon-negative fuel solutions.

Weego

Seed Round in 2023
Weego is a comprehensive mobility solution focused on the African market, providing an all-in-one application that consolidates various transportation options for users. The platform allows individuals to plan multimodal trips, offering real-time information on urban buses, trains, metros, taxis, and ride-hailing services. Users can seamlessly book their rides and pay for tickets through the app using a Virtual Card, enhancing convenience and accessibility for commuters in emerging and developing regions. By connecting users to the local transportation network, Weego simplifies the commuting experience, making it easier for travelers to navigate urban environments.

Arculus Solutions

Seed Round in 2023
Arculus Solutions is a company based in North Bethesda, Maryland, focused on enhancing the safety of natural gas transmission pipelines for the future transportation of hydrogen. It specializes in the development of hydrogen-barrier coatings that protect infrastructure from hydrogen embrittlement. These coatings are applicable in various contexts, including hydrogen fuel cell pipelines, storage tanks, and hydrogen-powered vehicles. By providing these innovative solutions, Arculus Solutions aims to help the energy industry mitigate risks associated with hydrogen transport, thereby improving overall safety and reliability in the sector.

Ayrton Energy

Seed Round in 2023
Ayrton Energy, founded in 2021, is focused on enhancing energy security through innovative hydrogen storage technology. The company specializes in developing a dense storage medium for hydrogen, enabling its storage in liquid form. This approach allows for safer and more efficient handling and transportation of hydrogen, differentiating it from traditional fuels like gasoline. Ayrton Energy's technology facilitates the use of existing infrastructure, including tanks, rail cars, transport trucks, and pipelines, to deliver hydrogen effectively. By providing solutions for hydrogen storage and transportation, Ayrton Energy aims to support clients in utilizing hydrogen as a fuel source for power generation, thereby contributing to overall energy security.

LexxPluss

Series A in 2023
LexxPluss is a developer of an automated transport robot system tailored for logistics warehouses, addressing the increasing demand for efficiency amid a chronic labor shortage in the sector. The company offers a versatile robot that operates in both autonomous and guided driving modes, allowing it to navigate complex environments with precision. By focusing on enhancing safety, user experience, and cost-effectiveness, LexxPluss enables businesses to automate processes that traditionally relied on human labor. Their technology not only increases transport capacity but also significantly reduces the workload for essential workers, thereby improving overall operational safety within logistics facilities.

FleetOperate

Convertible Note in 2022
FleetOperate is a truck driver marketplace platform founded in 2018 and based in Winnipeg, Manitoba. The company facilitates on-demand driving services by connecting carriers and shippers with registered truck drivers. Its platform allows users to book shipments from specific locations and track drivers in real-time, addressing issues such as driver shortages, high turnover rates, and unseated trucks. By offering a Driver-as-a-Service model, FleetOperate helps maintain low operational costs, thereby simplifying the transportation of essential goods for its clients.

XFuel

Venture Round in 2022
XFuel is a company focused on producing sustainable and net-zero advanced fuels for the road, marine, and aviation sectors. Founded in 2010 and headquartered in Dublin, Ireland, with additional operations in Palma de Mallorca, Spain, XFuel has developed innovative technology for the efficient conversion of biomass waste into low-carbon fuels. This process results in a clean, drop-in fuel that can be utilized by distributors and consumers globally, offering a cost-effective alternative to traditional fossil fuels. XFuel's production methods lead to up to 85% fewer greenhouse gas emissions compared to conventional fuel production, with a clear pathway towards achieving carbon-neutral and carbon-negative fuel solutions.

Moveit

Seed Round in 2022
Moveit is a technology-driven logistics startup focused on transforming intra-city logistics in Pakistan. The company addresses the challenges of a fragmented and inefficient local logistics landscape, which currently lacks standardized pricing and formal booking processes for cargo pickups. By creating an asset-light logistics marketplace, Moveit enables customers to connect directly with drivers, track their shipments, and obtain cargo insurance. The company's platform facilitates the transportation of medium to large goods, offering supply chain and delivery services for businesses and individuals alike. After validating its operational model through manual processes, Moveit is in the process of developing its technological platform to enhance the efficiency and effectiveness of intra-city logistics in Pakistan.

FleetOperate

Convertible Note in 2022
FleetOperate is a truck driver marketplace platform founded in 2018 and based in Winnipeg, Manitoba. The company facilitates on-demand driving services by connecting carriers and shippers with registered truck drivers. Its platform allows users to book shipments from specific locations and track drivers in real-time, addressing issues such as driver shortages, high turnover rates, and unseated trucks. By offering a Driver-as-a-Service model, FleetOperate helps maintain low operational costs, thereby simplifying the transportation of essential goods for its clients.

Aeromutable

Seed Round in 2021
Aeromutable is a company operating in the trucking industry, specializing in the design and development of aerodynamic enhancement systems. It focuses on flow control technologies that dynamically alter the aerodynamic behavior of heavy vehicles. By utilizing advanced sensors to assess their surroundings, Aeromutable's technology actively changes the perceived shape of vehicles, leading to significant reductions in fuel consumption. This innovation not only improves the efficiency of heavy vehicles but also enhances their maneuverability and safety. Aeromutable's solutions aim to assist manufacturers in achieving notable drag reduction and stability improvements within their trucking fleets.

OkayKer!

Convertible Note in 2021
OkayKer is a Karachi-based company established in 2020 that offers on-demand and on-site automobile maintenance, repair, and emergency services. Utilizing a fleet of mobile ustaads and gurus, OkayKer specializes in providing instant estimates for various automotive needs, including diagnostics, repairs, preventive maintenance, and car cleaning and detailing. The company's services enable clients to efficiently maintain and repair their vehicles, ensuring timely attention to their automotive requirements.

OkayKer!

Seed Round in 2021
OkayKer is a Karachi-based company established in 2020 that offers on-demand and on-site automobile maintenance, repair, and emergency services. Utilizing a fleet of mobile ustaads and gurus, OkayKer specializes in providing instant estimates for various automotive needs, including diagnostics, repairs, preventive maintenance, and car cleaning and detailing. The company's services enable clients to efficiently maintain and repair their vehicles, ensuring timely attention to their automotive requirements.

LexxPluss

Series A in 2021
LexxPluss is a developer of an automated transport robot system tailored for logistics warehouses, addressing the increasing demand for efficiency amid a chronic labor shortage in the sector. The company offers a versatile robot that operates in both autonomous and guided driving modes, allowing it to navigate complex environments with precision. By focusing on enhancing safety, user experience, and cost-effectiveness, LexxPluss enables businesses to automate processes that traditionally relied on human labor. Their technology not only increases transport capacity but also significantly reduces the workload for essential workers, thereby improving overall operational safety within logistics facilities.

FleetOperate

Convertible Note in 2021
FleetOperate is a truck driver marketplace platform founded in 2018 and based in Winnipeg, Manitoba. The company facilitates on-demand driving services by connecting carriers and shippers with registered truck drivers. Its platform allows users to book shipments from specific locations and track drivers in real-time, addressing issues such as driver shortages, high turnover rates, and unseated trucks. By offering a Driver-as-a-Service model, FleetOperate helps maintain low operational costs, thereby simplifying the transportation of essential goods for its clients.

LexxPluss

Seed Round in 2021
LexxPluss is a developer of an automated transport robot system tailored for logistics warehouses, addressing the increasing demand for efficiency amid a chronic labor shortage in the sector. The company offers a versatile robot that operates in both autonomous and guided driving modes, allowing it to navigate complex environments with precision. By focusing on enhancing safety, user experience, and cost-effectiveness, LexxPluss enables businesses to automate processes that traditionally relied on human labor. Their technology not only increases transport capacity but also significantly reduces the workload for essential workers, thereby improving overall operational safety within logistics facilities.

LexxPluss

Seed Round in 2020
LexxPluss is a developer of an automated transport robot system tailored for logistics warehouses, addressing the increasing demand for efficiency amid a chronic labor shortage in the sector. The company offers a versatile robot that operates in both autonomous and guided driving modes, allowing it to navigate complex environments with precision. By focusing on enhancing safety, user experience, and cost-effectiveness, LexxPluss enables businesses to automate processes that traditionally relied on human labor. Their technology not only increases transport capacity but also significantly reduces the workload for essential workers, thereby improving overall operational safety within logistics facilities.

FleetOperate

Seed Round in 2020
FleetOperate is a truck driver marketplace platform founded in 2018 and based in Winnipeg, Manitoba. The company facilitates on-demand driving services by connecting carriers and shippers with registered truck drivers. Its platform allows users to book shipments from specific locations and track drivers in real-time, addressing issues such as driver shortages, high turnover rates, and unseated trucks. By offering a Driver-as-a-Service model, FleetOperate helps maintain low operational costs, thereby simplifying the transportation of essential goods for its clients.

DeliverFuel

Seed Round in 2020
DeliverFuel is a Delhi-based on-demand fuel delivery startup that offers a mobile application for doorstep refueling services. The company caters to both business-to-business and business-to-consumer markets, providing a convenient solution for fuel delivery. Its application is designed to serve institutions and large machinery, helping clients minimize downtime and mitigate the risks associated with on-site fuel storage and handling. DeliverFuel utilizes a fully integrated in-house designed and manufactured system, ensuring a seamless and efficient service for its customers.

Pushme

Convertible Note in 2019
Pushme Inc., founded in 2016 and headquartered in Bath, United Kingdom, specializes in manufacturing swappable batteries for bicycles. The company aims to enhance urban mobility by addressing the challenges of charging electric vehicles, which can be cumbersome and costly. Pushme's innovative network of battery swap stations allows local merchants to sell energy, providing cyclists with instant recharging options throughout the city. This approach not only facilitates the use of small, shareable electric vehicles but also promotes a more sustainable mode of transportation. By integrating technology that enables cyclists to convert their pedaling force into electricity, Pushme empowers users to manage their energy costs effectively while reducing cycling fatigue, particularly on long or uphill routes. As a subsidiary of Tier Mobility GmbH, Pushme is part of a broader movement towards sustainable urban mobility solutions.

Web2ship.com

Seed Round in 2019
Web2ship is an online shipping platform focused on logistics in Southeast Asia. It enables online sellers to import orders, compare shipping rates and services, and book various couriers and postal services seamlessly. By identifying the most suitable shipping options, Web2ship facilitates efficient management of shipments, thereby reducing the time spent at courier centers. The platform is designed to support local entrepreneurs in expanding their businesses globally by offering competitive shipping rates and express delivery options. Overall, Web2ship provides an affordable and efficient e-commerce-oriented shipping solution tailored to the needs of online sellers.

Pushme

Seed Round in 2019
Pushme Inc., founded in 2016 and headquartered in Bath, United Kingdom, specializes in manufacturing swappable batteries for bicycles. The company aims to enhance urban mobility by addressing the challenges of charging electric vehicles, which can be cumbersome and costly. Pushme's innovative network of battery swap stations allows local merchants to sell energy, providing cyclists with instant recharging options throughout the city. This approach not only facilitates the use of small, shareable electric vehicles but also promotes a more sustainable mode of transportation. By integrating technology that enables cyclists to convert their pedaling force into electricity, Pushme empowers users to manage their energy costs effectively while reducing cycling fatigue, particularly on long or uphill routes. As a subsidiary of Tier Mobility GmbH, Pushme is part of a broader movement towards sustainable urban mobility solutions.

Web2ship.com

Seed Round in 2019
Web2ship is an online shipping platform focused on logistics in Southeast Asia. It enables online sellers to import orders, compare shipping rates and services, and book various couriers and postal services seamlessly. By identifying the most suitable shipping options, Web2ship facilitates efficient management of shipments, thereby reducing the time spent at courier centers. The platform is designed to support local entrepreneurs in expanding their businesses globally by offering competitive shipping rates and express delivery options. Overall, Web2ship provides an affordable and efficient e-commerce-oriented shipping solution tailored to the needs of online sellers.

Pushme

Seed Round in 2018
Pushme Inc., founded in 2016 and headquartered in Bath, United Kingdom, specializes in manufacturing swappable batteries for bicycles. The company aims to enhance urban mobility by addressing the challenges of charging electric vehicles, which can be cumbersome and costly. Pushme's innovative network of battery swap stations allows local merchants to sell energy, providing cyclists with instant recharging options throughout the city. This approach not only facilitates the use of small, shareable electric vehicles but also promotes a more sustainable mode of transportation. By integrating technology that enables cyclists to convert their pedaling force into electricity, Pushme empowers users to manage their energy costs effectively while reducing cycling fatigue, particularly on long or uphill routes. As a subsidiary of Tier Mobility GmbH, Pushme is part of a broader movement towards sustainable urban mobility solutions.

Pushme

Convertible Note in 2018
Pushme Inc., founded in 2016 and headquartered in Bath, United Kingdom, specializes in manufacturing swappable batteries for bicycles. The company aims to enhance urban mobility by addressing the challenges of charging electric vehicles, which can be cumbersome and costly. Pushme's innovative network of battery swap stations allows local merchants to sell energy, providing cyclists with instant recharging options throughout the city. This approach not only facilitates the use of small, shareable electric vehicles but also promotes a more sustainable mode of transportation. By integrating technology that enables cyclists to convert their pedaling force into electricity, Pushme empowers users to manage their energy costs effectively while reducing cycling fatigue, particularly on long or uphill routes. As a subsidiary of Tier Mobility GmbH, Pushme is part of a broader movement towards sustainable urban mobility solutions.

Pushme

Seed Round in 2018
Pushme Inc., founded in 2016 and headquartered in Bath, United Kingdom, specializes in manufacturing swappable batteries for bicycles. The company aims to enhance urban mobility by addressing the challenges of charging electric vehicles, which can be cumbersome and costly. Pushme's innovative network of battery swap stations allows local merchants to sell energy, providing cyclists with instant recharging options throughout the city. This approach not only facilitates the use of small, shareable electric vehicles but also promotes a more sustainable mode of transportation. By integrating technology that enables cyclists to convert their pedaling force into electricity, Pushme empowers users to manage their energy costs effectively while reducing cycling fatigue, particularly on long or uphill routes. As a subsidiary of Tier Mobility GmbH, Pushme is part of a broader movement towards sustainable urban mobility solutions.

Pushme

Pre Seed Round in 2017
Pushme Inc., founded in 2016 and headquartered in Bath, United Kingdom, specializes in manufacturing swappable batteries for bicycles. The company aims to enhance urban mobility by addressing the challenges of charging electric vehicles, which can be cumbersome and costly. Pushme's innovative network of battery swap stations allows local merchants to sell energy, providing cyclists with instant recharging options throughout the city. This approach not only facilitates the use of small, shareable electric vehicles but also promotes a more sustainable mode of transportation. By integrating technology that enables cyclists to convert their pedaling force into electricity, Pushme empowers users to manage their energy costs effectively while reducing cycling fatigue, particularly on long or uphill routes. As a subsidiary of Tier Mobility GmbH, Pushme is part of a broader movement towards sustainable urban mobility solutions.

Eirlift

Seed Round in 2009
Eirlift

Mapflow

Seed Round in 2007
Mapflow Limited is a provider of location-aware solutions tailored for the insurance and transport sectors. Established in 1997 and based in Dublin, Ireland, the company specializes in enhancing business processes related to property insurance, including sales, underwriting, claims management, fraud detection, and reinsurance. Its flagship offerings, such as Mapflow Geo and Mapflow GEO:underwriting, equip insurance organizations with location-aware rating capabilities and visualization tools to assess risks and manage policies effectively. In the transport domain, Mapflow addresses various needs, including road safety initiatives, shared transport solutions, traffic flow monitoring, and road pricing mechanisms. Additionally, the company offers a range of business and technical services, including strategic consulting, product development, system design, and performance benchmarking. Formerly known as Iris Group, Mapflow rebranded in March 2001 to reflect its focus on location intelligence.

Mapflow

Venture Round in 2007
Mapflow Limited is a provider of location-aware solutions tailored for the insurance and transport sectors. Established in 1997 and based in Dublin, Ireland, the company specializes in enhancing business processes related to property insurance, including sales, underwriting, claims management, fraud detection, and reinsurance. Its flagship offerings, such as Mapflow Geo and Mapflow GEO:underwriting, equip insurance organizations with location-aware rating capabilities and visualization tools to assess risks and manage policies effectively. In the transport domain, Mapflow addresses various needs, including road safety initiatives, shared transport solutions, traffic flow monitoring, and road pricing mechanisms. Additionally, the company offers a range of business and technical services, including strategic consulting, product development, system design, and performance benchmarking. Formerly known as Iris Group, Mapflow rebranded in March 2001 to reflect its focus on location intelligence.
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