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Australian EV startup BetterFleet nets $23.7m series A
Australian EV startup BetterFleet has secured US$23.7 million in a Series A funding round led by Aligned Climate Capital, Ecosystem Integrity Fund, and Remarkable Ventures Climate.
The funds will support the company’s plans to expand its AI-driven fleet planning technology internationally and enhance its product offerings.
BetterFleet specializes in digital twin and AI-based tools that assist organizations in managing their transition to electric vehicles while optimizing costs and infrastructure.
The startup currently serves over 200 customers in Europe, Asia-Pacific, and North America, including transit agencies, government fleets, and logistics operators.
CEO Daniel Hilson stated that the company intends to focus on digital twin technology and expand its AI capabilities.
BetterFleet is also scaling its sales team and automation tools to better support its channel partners and enhance market reach.
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