{"id":3777,"date":"2023-11-10T11:49:13","date_gmt":"2023-11-10T10:49:13","guid":{"rendered":"https:\/\/moroccopreneur.com\/?p=3777"},"modified":"2026-04-11T12:07:19","modified_gmt":"2026-04-11T11:07:19","slug":"cloudfret-secures-e2-million-in-funding-to-drive-growth-and-expand-in-europe","status":"publish","type":"post","link":"https:\/\/moroccopreneur.com\/en\/cloudfret-secures-e2-million-in-funding-to-drive-growth-and-expand-in-europe\/","title":{"rendered":"CloudFret Secures \u20ac2 Million in Funding to Drive Growth and Expand in Europe"},"content":{"rendered":"\n

In a remarkable new milestone, CloudFret has successfully concluded a new funding round, securing \u20ac2 million from its longstanding investors, AfriMobilty and Azur Innovation Fund.<\/p>\n\n\n\n

Accelerating Growth: CloudFret’s Ambitious Plans Unveiled<\/h2>\n\n\n\n

Active in Morocco<\/a> since 2021 and extending its presence to Marseille, CloudFret is poised to fast-track its development. The ambitious goal is to double its workforce by the end of 2024. However, the primary focus lies in the successful launch of its cutting-edge optimization solution for empty truck returns, specifically targeting the intra-European market.<\/p>\n\n\n\n

Evolution in Expertise: CloudFret’s Journey and Specialization<\/h3>\n\n\n\n

Originally concentrating on mitigating empty truck returns across the Mediterranean shores, CloudFret, with its team of a dozen dedicated employees, has revolutionized the logistics landscape. Their platform, driven by an advanced AI algorithm, connects shippers and carriers seamlessly.<\/p>\n\n\n\n

Unveiling the Innovation: Mobile SaaS Solution for European Logistics<\/h3>\n\n\n\n

Driss Jabar, the visionary Founder and CEO of CloudFret, sheds light on the innovation. “We’ve developed a mobile SaaS solution accessible from all download platforms, catering to European carriers, freight forwarders, and shippers,” he explains.<\/p>\n\n\n\n

Paving the Way Forward: CloudFret’s Strategic Expansion<\/h2>\n\n\n\n

With an initial focus on the Mediterranean, CloudFret’s new optimization solution targets the intra-European market. This strategic move aims to not only consolidate their existing clientele but also attract a broader base of shipper customers and transport partners.<\/p>\n\n\n\n

Strengthening Alliances: CloudFret’s Network Growth<\/h3>\n\n\n\n

CloudFret presently boasts 130 shipper clients who can seamlessly connect with a vast network of 900 transport companies, collectively managing 7,000 vehicles. This expansive network spans six countries: France, Spain, Morocco, Senegal, Portugal, and Italy.<\/p>\n\n\n\n

In conclusion, CloudFret’s latest funding injection positions the company on the cusp of exponential growth. With an enriched workforce, an innovative optimization solution, and a growing network, CloudFret is undoubtedly poised to leave an indelible mark on the European logistics landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a remarkable new milestone, CloudFret has successfully concluded a new funding round, securing \u20ac2 million from its longstanding investors, AfriMobilty and Azur Innovation Fund. Accelerating Growth: CloudFret’s Ambitious Plans Unveiled Active in Morocco since 2021 and extending its presence to Marseille, CloudFret is poised to fast-track its development. The ambitious goal is to double 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