Traxens

Overview
News
Cold Chain Innovation?
Supply Chain Tech?
Product stageSegments
Growth
?
Cold chain management
?

Traxens is a Marseille-based company specializing in smart container solutions for the global supply chain industry. Founded in 2012, Traxens has developed innovative internet-of-Things (IoT) technology that provides real-time tracking and monitoring of shipping containers. The company's flagship product, the Traxens-Box, is a permanent container tracker that offers comprehensive data on container location, temperature, humidity, shock detection, and door opening status. In February 2022, Traxens acquired NEXT4, a supplier of removable and reusable shipping container trackers, expanding its portfolio to include both permanent and temporary tracking solutions.

Traxens' smart container technology enables access to precise and timely data for managing assets in transit worldwide. The company's IoT devices collect and transmit information through cellular networks and GNSS, providing visibility into container movements and conditions throughout the supply chain. In February 2023, Traxens unveiled the Traxens-Box 3, featuring enhanced ATEX certification for explosion safety on methanol-powered vessels and an extended 7-year battery life. This latest iteration demonstrates the company's commitment to adapting its technology to meet evolving industry requirements, particularly in the context of decarbonizing shipping.

Key customers and partnerships

Traxens has established strong relationships with major players in the shipping industry. The company counts CMA CGM, Mediterranean Shipping Company (MSC), and A.P. Moller-Maersk among its shareholders and primary customers. These top shipping lines use Traxens' devices to convert their assets into smart containers. As of February 2023, Traxens supported over 300 customers with its technological innovations.

The acquisition of NEXT4 in February 2022 brought additional clients to Traxens, including leading freight forwarders such as Bolloré Logistics and DB Schenker. In February 2023, Traxens announced Kuehne+Nagel as its latest customer. The company has also been involved in smart container projects and pilots at the Port of Rotterdam and the Port of Valencia, and holds a key stake in the French Smart Port in Med initiative in Marseille.

Traxens has engaged in partnerships with technology companies such as IBM, Cisco, Esri, Axians, and Intel for various smart port and shipping projects. Additionally, the company has collaborated with logistics providers Inter Transit Pharma (ITP) and Inter Transit et Prestations Logistiques (ITPL) for real-time tracking of pharmaceutical and auto-parts shipments to Africa.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
16 rue Louis Leprince Ringuet Marseille FRA
Founded year:
2012
Employees:
51-100
IPO status:
Private
Total funding:
USD 50.4 mn
Last Funding:
-
Last valuation:
-
Key competitors
 
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