The announcement

Nexcade raises a $6M Seed round led by Project A (London, 8 July 2026). Nexcade has raised a $6 million Seed round led by Project A Ventures, with Connect Ventures, MMC Ventures and Entropy Industrial Capital joining, to build AI agents for freight forwarders. Read the announcement at nexcade.ai/news/seed-round.

Coverage

  • Journal of Commerce: Forwarding AI vendor lands funding to automate shipment coordination.
  • The Loadstar: Nexcade raises $6M to build AI agents for freight forwarders.

Launch film

The one-minute launch film features Nexcade customers and the product at work. Cleared for embedding and broadcast use.

Read the launch film transcript

Background music plays throughout.

Tasho Kjosev, Nexcade: People in this industry are innovative. They have high agency and they have high ownership. A lot of it is driven by people and relationships. And that's why we're building agents that actually coexist with our actual users that are doing the real work.

Dan Bailey, Nexcade: The AI will enable them to shift their attention from their routine tasks that will be happening proactively in real time, and be giving them higher levels of context and more time to make the critical decisions on the most important shipments.

Rick White, Cardinal Global Logistics: It could be several hours before we get around to the price request. With the process we've got now, with introducing the AI, it's almost immediate.

Jack Coope, Zencargo: It might have taken us 5, 10 minutes to write these emails out. With Nexcade, it does that automatically. It extracts all the information correctly.

Tasho Kjosev, Nexcade: When people use Nexcade's agents, the key thing is that we're allowing the operator to actually make the critical decisions, and then everything else just happens. That's the magic of Nexcade.

Dan Bailey, Nexcade: We're delighted to announce our $6 million Seed round led by Project A Ventures to bring agentic automation to freight forwarding.

Announcement images

Two crops of the announcement image, both with the investor logos.

Announcement image, wide crop: the headline $6m Seed round to bring AI agents to freight forwarding teams over a container terminal, with investor logos.
Wide 16:9Download (PNG, 3840 × 2160, 3.6 MB)
Announcement image, square crop: the headline $6m Seed round to bring AI agents to freight forwarding teams over a container terminal, with investor logos.
SquareDownload (PNG, 2160 × 2160, 2.2 MB)

Team photos

A photograph of the team and studio photographs of the founders, cleared for editorial use. Credit: Nexcade.

The Nexcade team standing together in a walled garden in London.
The Nexcade team, London, July 2026Download (JPG, 3000 × 1999, 2 MB)
Dan Bailey, CEO and co-founder of Nexcade.
Dan Bailey, CEO and co-founderDownload (JPG, 2268 × 2400, 2.3 MB)
Tasho Kjosev, CTO and co-founder of Nexcade.
Tasho Kjosev, CTO and co-founderDownload (JPG, 2268 × 2400, 2.2 MB)

Logos

Vector logo files. Keep clear space around the mark and do not recolour, distort or add effects.

Nexcade logo, ink on light.
Logo, inkDownload (SVG)
Nexcade logo, white on dark.
Logo, whiteDownload (SVG)
Nexcade mark.
MarkDownload (SVG)

Company facts

  • Nexcade builds AI agents for freight forwarders. The agents run quoting, tenders, rates, bookings and reporting with the forwarder's team visible and in control at every step.
  • Founded in London in 2025 by Dan Bailey, previously COO of supply chain platform Sedna, and Tasho Kjosev, previously Technical Lead at Palantir.
  • Funding: $8.5 million total, including a $6 million Seed round led by Project A Ventures, announced 8 July 2026.
  • Customers include XPO, Argents Express Group, Zencargo, Cardinal Global Logistics, CargoTrans and FAR Logistics, across the UK, Europe and North America.
  • Investors: Project A Ventures, Connect Ventures, MMC Ventures and Entropy Industrial Capital, alongside angels from Vanguard Logistics, n8n, Altana, Sedna, UiPath and Cleo.
  • Office: 94 Lower Marsh, Waterloo, London SE1 7AB.

For press enquiries, write to founders@nexcade.ai. For everything else, hello@nexcade.ai.