Foundamental
Foundamental is a venture capital firm that backs early-stage companies building real-world, vertical technologies for construction, mining and related sectors. Founded in 2019 and based in Berlin, it operates globally with offices in San Francisco and Singapore and invests across the Americas, Europe, Asia-Pacific and Africa. The firm focuses on 3D design, construction, blue-collar workforce, robotics, supply chains and industrial manufacturing, seeking to partner with ambitious builders from inception through Series A. Foundamental has backed notable early-stage companies such as Infra.Market, Speckle, Snaptrude, Wiz Freight, Tul and Welcome Homes, and is described as a leading investor in ConstructionTech and design technology. It manages a substantial early-stage portfolio across global markets, reflecting an emphasis on helping founders navigate early growth and scale in the real-world tech stack while maintaining a global footprint.
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Past deals in Logistics
Desteia
Seed Round in 2025
Desteia is a technology company that specializes in logistics and supply chain management. It operates a platform that leverages artificial intelligence to provide end-to-end visibility and insights to users, helping them mitigate supply chain disruptions and optimize costs. The platform analyzes conversations and network mapping to offer data-driven insights, enabling businesses to effectively manage their supply chain networks and adapt their operations with AI-assisted decision-making.
Desteia
Pre Seed Round in 2024
Desteia is a technology company that specializes in logistics and supply chain management. It operates a platform that leverages artificial intelligence to provide end-to-end visibility and insights to users, helping them mitigate supply chain disruptions and optimize costs. The platform analyzes conversations and network mapping to offer data-driven insights, enabling businesses to effectively manage their supply chain networks and adapt their operations with AI-assisted decision-making.
Metalbook
Series A in 2024
Metalbook is a digital supply-chain platform that connects global metal suppliers and consumers. It offers automated transactions, matchmaking, traceability, and on-time delivery of raw materials, enabling swift and transparent procurement solutions.
Wiz Freight
Series B in 2024
Wiz Freight is a digital freight management platform focused on emerging markets. It offers a comprehensive solution for clients to book, track, and manage their shipments. The platform includes features such as shipping task management, cargo tracking, and insurance, as well as support for both full and partial container load shipping and customs clearance. By providing these tools, Wiz Freight aims to make cargo shipping efficient, transparent, and hassle-free for businesses.
Latii
Pre Seed Round in 2023
Latii is a building materials supplier, offering products such as windows, doors, steel, metal, casting, and fasteners. They serve the construction industry.
Ofload
Series B in 2022
Ofload is a digital road freight platform that connects shippers with thousands of reliable carriers and manages end-to-end logistics through technology. The platform links small and medium-sized carriers with shippers, enabling shipments to be delivered quickly and affordably while reducing waste and increasing visibility into shipments. By optimizing capacity and coordinating transport across networks, Ofload improves efficiency throughout the fulfillment process.
Metalbook
Seed Round in 2022
Metalbook is a digital supply-chain platform that connects global metal suppliers and consumers. It offers automated transactions, matchmaking, traceability, and on-time delivery of raw materials, enabling swift and transparent procurement solutions.
Wiz Freight
Series A in 2022
Wiz Freight is a digital freight management platform focused on emerging markets. It offers a comprehensive solution for clients to book, track, and manage their shipments. The platform includes features such as shipping task management, cargo tracking, and insurance, as well as support for both full and partial container load shipping and customs clearance. By providing these tools, Wiz Freight aims to make cargo shipping efficient, transparent, and hassle-free for businesses.
Tul
Series B in 2022
Founded in 2020, Tul is a Colombian-based marketplace that facilitates the buying and selling of hardware and construction materials. It connects manufacturers with small businesses through its e-commerce platform, streamlining inventory management and enabling customers to acquire necessary parts for their projects.
Yojak
Seed Round in 2021
Yojak is an innovative B2B managed marketplace focused on the online buying and selling of finishing building materials in India. The company aims to enhance business opportunities for retailers and manufacturers by providing access to a nationwide network of verified buyers and sellers. Yojak's platform facilitates a seamless supply chain and fulfillment process, ensuring competitive pricing, quality, and a diverse range of products. By collaborating directly with manufacturers, Yojak offers a comprehensive value proposition that encompasses product discovery, delivery, and financing solutions. The company's long-term vision is to establish a global ecosystem for building materials that meets international demand through a widespread supply network.
Wiz Freight
Seed Round in 2021
Wiz Freight is a digital freight management platform focused on emerging markets. It offers a comprehensive solution for clients to book, track, and manage their shipments. The platform includes features such as shipping task management, cargo tracking, and insurance, as well as support for both full and partial container load shipping and customs clearance. By providing these tools, Wiz Freight aims to make cargo shipping efficient, transparent, and hassle-free for businesses.
Tul
Series B in 2021
Founded in 2020, Tul is a Colombian-based marketplace that facilitates the buying and selling of hardware and construction materials. It connects manufacturers with small businesses through its e-commerce platform, streamlining inventory management and enabling customers to acquire necessary parts for their projects.
LocoNav
Series B in 2021
LocoNav offers an online fleet management software platform that unifies fleet operations into a single system. The software provides GPS tracking, telematics, video safety, fuel monitoring, and analytics with alerts to monitor vehicle speed, direction, and events. By enhancing visibility and real-time decision making, it helps vehicle owners, businesses, and transporters improve security, optimize operations, and reduce costs. Founded in 2015 and headquartered in San Francisco, LocoNav focuses on delivering a cohesive platform to run and manage modern fleets.
Ofload
Venture Round in 2021
Ofload is a digital road freight platform that connects shippers with thousands of reliable carriers and manages end-to-end logistics through technology. The platform links small and medium-sized carriers with shippers, enabling shipments to be delivered quickly and affordably while reducing waste and increasing visibility into shipments. By optimizing capacity and coordinating transport across networks, Ofload improves efficiency throughout the fulfillment process.
Stealth
Pre Seed Round in 2020
Optimizing construction supply chains and warehousing.
Ofload
Seed Round in 2020
Ofload is a digital road freight platform that connects shippers with thousands of reliable carriers and manages end-to-end logistics through technology. The platform links small and medium-sized carriers with shippers, enabling shipments to be delivered quickly and affordably while reducing waste and increasing visibility into shipments. By optimizing capacity and coordinating transport across networks, Ofload improves efficiency throughout the fulfillment process.
Infraprime Logistics
Series A in 2020
Infraprime Logistics specializes in optimizing infrastructure project logistics through electric fleets and advanced data analytics. They offer real-time insights and streamlined operations, enabling businesses to reduce logistics expenses.
LocoNav
Series B in 2019
LocoNav offers an online fleet management software platform that unifies fleet operations into a single system. The software provides GPS tracking, telematics, video safety, fuel monitoring, and analytics with alerts to monitor vehicle speed, direction, and events. By enhancing visibility and real-time decision making, it helps vehicle owners, businesses, and transporters improve security, optimize operations, and reduce costs. Founded in 2015 and headquartered in San Francisco, LocoNav focuses on delivering a cohesive platform to run and manage modern fleets.
Trelar
Seed Round in 2018
Trelar is a network of vocational trucking owner-operators, drivers, contractors, and plant operators revolutionizing the $150B construction vehicle ecosystem through an app-driven marketplace that matches carriers to the contractors who need delivery capacity.
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