# Meight Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/meight-technologies

- Industry: Software
- Headquarters: Evora, Portugal
- Website: www.meight.com
- Total disclosed funding: $5M
- Latest round: Seed (Dec 17, 2024)
- Investors on record: 6

## About

Based in Portugal, Meight Technologies SA, formerly known as Fuelsave Consultoria, S.A., provides smart mobility solutions to its customers. In December 2024, Meight raised EUR 3.4 million in venture funding led by new investor Cusp Capital, with participation from returning investors European Institute of Innovation and Technology, Faber Ventures, and Grupo Lusiaves service. As of 2022, the company was headed by its CEO Luís Mendes. The company offers Meight’s Driver Assistant an artificial intelligence-based platform that helps to predict, monitor and manage ground operations. Additionally, the platform also monitors freight transport, solves driving efficiency, and route planning, and improves safety. Furthermore, it provides real-time suggestions to drivers based on current driving behavior and past experience. The company plans to use the December 2024 funding to expedite the advancement of its cloud-based transportation platform and broaden its presence throughout Europe.

## Funding rounds

- Seed, Dec 17, 2024, $3.6M — Faber Ventures, Cusp Capital, Grupo Lusiaves service, European Institute of Innovation and Technology
- Seed, Jan 19, 2022, $1.4M — Faber Ventures, Dispatch Ventures, Superlyst Ventures, Grupo Lusiaves service, European Institute of Innovation and Technology

## Investors

- Faber Ventures (https://capitalatlas.ai/funds/faber-ventures) — Seed
- Dispatch Ventures (https://capitalatlas.ai/funds/dispatch-ventures) — Seed
- Superlyst Ventures (https://capitalatlas.ai/funds/superlyst-ventures) — Seed
- Grupo Lusiaves service — Seed
- European Institute of Innovation and Technology — Seed
- Cusp Capital (https://capitalatlas.ai/funds/cusp-capital) — Seed