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BaseTracK logo — Efficient Trucking Solutions: Fuel Economy in human-driven t...

BaseTracK

Efficient Trucking Solutions: Fuel Economy in human-driven trucks, all-weather Autonomous Trucking service

Founded 2019 United Arab Emirates United Arab Emirates 5 employees Non Equity Assistance Total: $3.00M Transportation, Autonomous and Sensor Tech +1

General Information

Company Name BaseTracK
Founded Year 2019
Location United Arab Emirates United Arab Emirates
Employees 5
Industries Transportation, Autonomous and Sensor Tech, Automotive
Funding Stage Non Equity Assistance
Social

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About BaseTracK

BaseTracK is a pioneering European startup in the field of Autonomous Driving, focusing on fuel economy in human-driven trucks and all-weather Autonomous Trucking service. Since its establishment in 2019, the company has achieved significant milestones. BaseTracK's technology has enabled vehicles to operate autonomously, reaching speeds of 68 km/h on ice tracks, 130 km/h on public roads in rainy conditions, and 85 km/h on public roads in snow conditions with no visible road marks. The company emphasizes commercializing its technology, offering a "simplified version" that enhances the efficiency of human-driven trucks, reducing energy consumption and emissions by up to 32%. BaseTracK has gained recognition as the first European company to obtain an official license to deliver commercial freight on public roads using Autonomous Trucks in multiple countries. Its remarkable progress attracted a non-equity assistance investment from Mohammed Bin Rashid Innovation Fund on 10 June 2024. As the company continues to lead in the transportation industry from its headquarters in Estonia, its commitment to sustainable and efficient trucking solutions positions it as a promising investment opportunity.

Business keywords: Autonomous Driving, Trucking, Energy Efficiency, Emissions Reduction, Commercial Freight, European Company, ADAS, Autonomous Trucking, Technology Commercialization

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance Undisclosed 1
Mohammed Bin Rashid Innovation Fund
Mohammed Bin Rashid Innovation Fund
10 Jun 2024
Convertible Note €1.00M -
02 Dec 2022
Convertible Note $1.00M 1
Angelsdeck Global Ventures
Angelsdeck Global Ventures
19 Jan 2022
Seed Round $1.00M 1
Angelsdeck Global Ventures
Angelsdeck Global Ventures
01 Jun 2021

Latest News

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We Make Future 2024: Meet the startup competition winners (Sponsored) — Eu-startups
We Make Future 2024: Meet the startup competition winners (Sponsored)
Eu-startups Jun 19, 2024

BaseTracK Alternatives & Competitors

View All Alternatives
BaseTracK vs
Zelostech
Zelostech China

Shaping the Future of Delivery: Intelligent, Autonomous, and Effortless

Series A
20 employees
AI, Autonomous and Sensor Tech
BaseTracK vs
TuSimple
TuSimple United States

Autonomous trucking technologies to make freight transportation safer, more efficient and more envir...

Venture round
285 employees
Transportation, Autonomous and Sensor Tech
Compare BaseTracK vs TuSimple
BaseTracK vs
RIDER
RIDER France

RIDER is self-driving technology for trucks. We transform your fleet into a platoon.

3 employees
Logistics, Transportation
View all alternatives

FAQ About BaseTracK

Efficient Trucking Solutions: Fuel Economy in human-driven trucks, all-weather Autonomous Trucking service
BaseTracK was founded in 2019.
BaseTracK is headquartered in United Arab Emirates.
BaseTracK operates in Transportation, Autonomous and Sensor Tech and Automotive. Its work centres on Autonomous Driving, Trucking, Energy Efficiency and Emissions Reduction.
BaseTracK has approximately 5 employees.
BaseTracK has completed 4 funding rounds, raising a total of $3.00M. The latest funding stage is Non Equity Assistance.
Top alternatives and competitors to BaseTracK include Zelostech, TuSimple, RIDER, Cognata, Arbe. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
BaseTracK and Zelostech are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for BaseTracK, https://bouncewatch.com/company/basetrack, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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