Estonian logistics startup MyDello has raised €3.1 million in a funding round led by Icelandic venture capital firm Frumtak Ventures, with participation from existing investor Superhero Capital of Finland. Founded in 2021, MyDello operates as a B2B digital freight forwarder that leverages proprietary software enhanced with an expanding AI layer to automate global shipping processes. The company’s platform delivers instant door-to-door pricing and routing across multiple freight modes by integrating data from over 400 global carriers. This fresh capital injection aims to accelerate MyDello’s international growth, particularly focusing on expanding into the UK market, with new customers going live in December 2025. Additionally, the funds will be used to deepen the integration of AI throughout MyDello’s systems with the objective of automating most shipment operations by the end of 2026. The startup is positioning itself as a key innovator in the freight forwarding space, which is estimated to be a $6 trillion global market. By enhancing efficiency and automation with AI, MyDello strives to modernize international logistics, improve operational speed, and reduce costs for its growing base of more than 12,500 business customers. This funding round underscores investor confidence in MyDello’s technology-driven approach to transforming global freight forwarding.