About Logistics Tech sector in Greece
The Logistics Tech sector in Greece comprises 84 companies, including 18 funded companies having collectively raised $25.1M in venture capital money and private equity. Out of these, 4 are Series A+ funded.
Logistics Tech sector in Greece has seen 3 acquisitions.
This sector includes tech companies providing or facilitating movement or storage of goods or offering software solutions for managing logistics operations.
Logistics Tech sector is also known as LogTech.
Tech-first companies in logistics providing or enabling, matching of load and movement or storage of goods (local delivery services, marketplaces). It also includes companies offering technology solutions to businesses for optimizing and managing overall logistics activities. (Delivery Management software, TMS, WMS, Analytics, etc). Traditional players like UPS, FedEx, DHL, etc which were predominantly offline but now have incorporated technology in their business and other offline players are excluded.
Top Logistics Tech Companies in Greece
There are 84 Logistics Tech startups in Greece which include BoxNow, Harbor Lab, Signal Group, Signal Ocean, Elvictor Group. Out of these, 18 startups are funded, with 4 having secured Series A+ funding.
Over the past 10 years, an average of 4 new companies have been launched annually. Notably, several of these startups have been founded by alumni of INSEAD, Imperial College London and Massachusetts Institute of Technology.
Here is the list of top Logistics Tech startups in Greece
1. BoxNow
Provider of web-enabled automated lockers solutions for last-mile delivery. It provides users with automated parcel-receiving machines to receive parcels and packages from online stores and transportation companies. The machines are placed nearby areas and stores. Users can provide location details to receive and monitor their parcels online.
Key facts about BoxNow
- Founded Year: 2021
- Location: Metamorfosi (Greece)
- Stage: Seed
- Investors: Pacific Capital Partners and EMMA
- Latest Funding Round: Seed, Jan 16, 2023, $*****
- Tracxn Score: 57/100 What is this?
- Competitors Rank: 1 of 2 Competitors
2. Harbor Lab
Provider of cloud-enabled cost management solutions for ports and terminals. It offers a web-based software that enables users to manage all port operations, port calls and optimize costs. Its features include disbursement accounting tools, vessel tracking, cost estimation, operational support, port data analysis, and customer support. It caters to ship owners and managers, agents, and vendors.
Key facts about Harbor Lab
- Founded Year: 2020
- Location: Athens (Greece)
- Stage: Series A
- Total Funding till date: $22.4M
- Investors: Atomico, Speedinvest and 11 Others
- Latest Funding Round: Series A, May 15, 2024, $*****
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 1 of 15 Competitors
3. Signal Group
Provider of AI and cloud-based enterprise resource planning software for the marine industry. It offers web-based software and a mobile application that enables users to remotely manage data and take commercial decisions. its features include geospatial data processing, profitability estimations, data extraction and fusion, tonnage availability assessment, vessel information monitoring, market dynamics, voyage database, cargo monitoring, port activity tracking, and detailed reports.
Key facts about Signal Group
- Founded Year: 2014
- Location: Athens (Greece)
- Stage: Unfunded
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 3 of 283 Competitors
4. Signal Ocean
Signal Ocean provides end-to-end AI-enabled management platform for maritime shipping operators. The platform provides dynamically-generated tonnage & position lists, TCE estimations, distance calculation & route planning, vessel overview, ports database, e-mail automation, and more. Monetizes through monthly subscriptions.
Key facts about Signal Ocean
- Founded Year: 2015
- Location: Vouliagmeni (Greece)
- Stage: Unfunded
- Tracxn Score: 49/100 What is this?
- Competitors Rank: 20 of 1,134 Competitors
Provider of SaaS-enabled crew management solutions for the maritime industry. The company offers technology solutions for vessel performance and crew management. It offers cloud-enabled tools for recruitment control, document processing, and reporting.
Key facts about Elvictor Group
- Founded Year: 1977
- Location: Vari (Greece)
- Stage: Unfunded
- Tracxn Score: 46/100 What is this?
- Competitors Rank: 1 of 23 Competitors
Companies founded year-on-year in the Logistics Tech sector in Greece
14 Logistics Tech startups in Greece were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | 1 |
2023 | 1 |
2022 | 1 |
2021 | 6 |
2020 | 14 |
2019 | 6 |
2018 | 9 |
2017 | 4 |
2016 | 3 |
Stage-wise distribution of Logistics Tech sector companies in Greece
Out of the total 84 Logistics Tech companies in Greece, 18 have secured funding. Among them, 4 have reached Series A or higher, and 3 to Series B or beyond.
Founded - 84
Funded - 18
Series A+ - 4
Series B+ - 3
Series C+ - 3
Company Stage | No. of companies |
|---|---|
Founded | 84 |
Funded | 18 |
Series A+ | 4 |
Series B+ | 3 |
Series C+ | 3 |
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Funding Trends in the Logistics Tech sector in Greece
Total funding year-on-year in the Logistics Tech sector in Greece
The Logistics Tech sector in Greece saw a total funding of more than $25.1M in the last 10 years. The most amount of funding was in 2024 at more than $16M.
- Total Funding
Year | Total Funding |
|---|---|
2024 | $16M |
2023 | $215K |
2022 | $6.4M |
2021 | $246K |
2020 | $390K |
2019 | $671K |
Recent Funding Rounds in Logistics Tech in Greece
In the year 2024, till May 2024, Logistics Tech companies in Greece have raised $16M in equity funding across 1 round.
In the same period last year (i.e. till January 2023), Logistics Tech companies in Greece had raised equity funding across 1 round.
Here are some recent, important funding rounds in Logistics Tech companies in Greece:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 4344 | May 15, 2024 | ||
Seed | 5966 | Jan 16, 2023 | ||
Seed | 2230 | Dec 07, 2022 | ||
Seed | 3686 | Aug 10, 2015 | - |
Top Investors in Logistics Tech in Greece
Venture Friends is the top investor in Logistics Tech companies in Greece based on number of companies invested.
Here are some top investors in Logistics Tech companies in Greece:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Athens (Greece) | ||
Moschato (Greece) | ||
Athens (Greece) | - | |
Athens (Greece) | - | |
- |
M&A activity in Logistics Tech sector in Greece
In the year 2025, till May 2025, 1 acquisition happened in Logistics Tech sector in Greece.
Here are some recent, important acquisitions in Logistics Tech sector in Greece:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | May 22, 2025 | ||
Acqui-Hired | Nov 11, 2019 | ||
Business Acquisition | Oct 18, 2019 |
Acquisition trends in Logistics Tech sector in Greece
Here are the acquisition trends in Logistics Tech sector in Greece:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | 1 |
2024 | - |
2023 | - |
2022 | - |
2021 | - |
2020 | - |
2019 | 2 |
2018 | - |
2017 | - |
2016 | - |
Colleges which produce the most Logistics Tech companies in Greece
Companies founded by alumni from top colleges in the Logistics Tech in Greece
Most number of Logistics Tech startups in Greece have been founded by alumni from INSEAD, Imperial College London and Massachusetts Institute of Technology.
College | No. of companies |
|---|---|
INSEAD | 1 |
Imperial College London | 1 |
Massachusetts Institute of Technology | 1 |
University of Warwick | 1 |
Top News in Logistics Tech in Greece
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Metis introduces solution for Service Operation VesselsWindtech-International•Feb 19, 2024•Metis, ESVAGT
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Sea World rolls out Metis AI-based analytics for CII complianceDigital Ship•Oct 06, 2022•Seaworldmanagement, Metis
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Laskaridis Shipping and METIS join BV in augmented ship services projectDigital Ship•Jun 13, 2022•Bureau Veritas, LAVINIA BULK LIMITED, Metis
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Blue Veritas signs new partnership to augment ship servicesGeospatial World•Jun 09, 2022•Bureau Veritas, Metis
