Zozio raises 4 M€ to deploy its predictive logistics solutions
The French start-up Zozio has raised €4 million from Industrya, the investment fund initiated by the John Cockerill Group, Capricorn Partners and The Faktory Fund. This fundraising should contribute to its development in order to become the European leader in Industry 4.0 thanks to its digital solutions for logistics.
Launched in 2019 and based in Paris (France), Zozio is the only platform equipped with artificial intelligence for predictive logistics. It aims to become the reference logistics platform for the industry of tomorrow thanks to its industrial flow optimization and predictive logistics solutions. Zozio has raised €4 million from Industrya, the investment fund initiated by John Cockerill, Capricorn Partners and The Faktory Fund.
Zozio (€1.5 million turnover in 2021) is already working with major players such as L'Oréal, Saint-Gobain, Renault and Daher. Zozio's technology, which is in place at some 20 customers, allows them to optimise the flow of factories, by collecting, visualising and analysing field data. The operator is thus freed from long and repetitive tasks, the manager is assisted in his decision making. The factory is more efficient, improves the working conditions of the operators and minimises the waste of resources.
"Zozio is at the forefront of digitalization in the industry. The ease of deployment of its solution and its scalability have convinced us, as they have convinced many of our customers," says Thibaud Le Séguillon, CEO of Industrya.
With a presence on a hundred sites in twenty countries, Zozio aims to become the logistics platform of reference in the industry of tomorrow. To achieve this, the start-up will recruit 25 collaborators. These funds will also be used to expand the company internationally, with a new office in Germany for the year 2022.
Thibaud Le Séguillon explains "The quality of the management team was also a determining factor in our decision to invest. First-mover advantage and scale are essential in this market. Zozio now has the means to execute its growth plan in France, Germany and Europe."
Industrya is a 42 million euro investment fund for start-ups and scale-ups, looking to drive industrial transformation. The fund offers incubation and acceleration programs and seeks to invest in bold, innovative start-ups and scale-ups that are keen to lend shape to tomorrow’s world and tomorrow’s industry. The investment sectors which the fund focuses on are the energy transition, new materials and Industry 4.0. Industrya was set up by John Cockerill, in association with the FPIM, the SRIW & W.IN.G, Noshaq and LRM. More information: www.industrya.com