Transmetrics to Bring Logistics Efficiency with a €1.67 Million EU Grant

Transmetrics Receives 1.67 Million Euro Grant

Brussels/Sofia, 9 December 2019Transmetrics, a leading software provider of predictive optimization solutions for the logistics industry, announced that the company has been awarded a €1.67 million grant by the European Commission in the ultra-competitive European Innovation Council Accelerator programme. This funding will support the development of Transmetrics’ unique AI-driven logistics optimization software. Over 1,800 applications were submitted to this funding round but EC selected to finance only 75 projects that truly represented breakthrough deep-tech innovations with significant societal impact.