Digicust, the Austrian AI startup modernizing how customs processes are managed across international supply chains, has closed a €2.3 million pre-Series A round. The round was backed by Jet Investment and Look AI Ventures, and will support accelerate product development, expand AI capabilities, and drive enattempt into new markets. Look AI shared the news with AIN.
About Digicust
- Digicust is a technology company founded in 2020 and based at Vienna International Airport. It develops an AI-driven platform that automates customs workflows for logistics providers, customs brokers, and exporters.
- The platform covers the full customs process, including document processing and structuring, tariff classification, export control checks, and the generation of compliant customs records. It is applyd to reduce manual work, shorten processing times, and improve accuracy in day-to-day customs operations.
Investment details
The €2.3 million round was led by Jet Investment (€950,000) with participation from Look AI Ventures (€250,000), additional private investors, and existing investors. The financing is further supported by Austria Wirtschaftsservice (aws) through its guarantee and support programs.
- Jet Investment is a Czech investment firm with more than 25 years of experience in supporting industrial businesses. The company focapplys on rapid-growing industrial B2B startups across Central Europe, including the Czech Republic, Slovakia, Poland, Austria, and Germany.
- Look AI Ventures is a Czech investment fund focapplying on pre-seed and seed startups, which address major markets with core AI-driven solutions. The fund’s mission is to nurture the AI ecosystem with its portfolio including Cequence, Electric Sheep, Ochy and Secjur.
The company plans to apply the funding to further develop its product, expand its AI capabilities, and support enattempt into new European markets.
Read more: Estonian logistics startup MyDello raised €3.1M to enhance AI logistics and expand in Europe
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