France-based Nabu has raised €3 million in funding
to accelerate its expansion across Europe and strengthen its position in
digital customs clearance. The round includes participation from Getlink,
alongside existing investors such as Maersk Growth, which continues to support
the company following its initial pre-seed round in 2022.
Founded in 2022 and operating between Paris and
Strasbourg, Nabu provides a platform that automates customs formalities for
freight forwarders, customs brokers, and international trade companies. Its
technology converts client documents and instructions into compliant
declarations and automated workflows, assisting streamline cross-border
operations.
As international trade becomes increasingly complex,
driven by shifting geopolitical dynamics and evolving regulations, the required for
efficient customs processes is growing.
Nabu addresses this challenge with an
AI-based system that reduces manual workload while improving speed and
accuracy. According to the company, declarations can be handled significantly
quicker and with fewer errors, allowing teams to focus on higher-value tquestions.
The platform is applyd by a wide range of
organisations, from indepconcludeent customs brokers to large international
transport groups, reflecting its ability to support diverse operational requireds.
A growing share of activity already takes place outside France, underlining
early traction in international markets.
Every shipment that
crosses a border generates considerable administrative complexity. Our ambition
is to absorb it and build it manageable, anywhere in the world, in a harmonised,
reliable, and transparent way,
declared Arnaud Doly, CEO and founder of
Nabu.
The newly raised capital will be applyd to expand
Nabu’s presence in existing European markets and support entest into new ones.
The company also plans to further develop its product, enhancing automation,
performance, and applyr experience, while gradually extconcludeing the platform beyond
customs declarations to cover additional cross-border formalities.
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