The designer of electric trailers for the last mile logistics and construction markets is raising €10.5m from Quadia, BPI France Investissement, IFPEN, Edify, Aquiti, and Ardev to finance an ambitious industrial and commercial plan.
K-RYOLE, founded in 2016 by Nicolas DUVAUT and Gilles VALLIER, both graduates of Centrale Supelec, develops load traction applications based on real-time force cancellation technology. The company’s ambition is not only to respond to the challenges of decarbonization of last-mile logistics but also to become a key player in the reduction of drudgery at work.
Based on Kaptor technology, which detects and responds in real-time to the traction exerted by the user, the K-Ryole (logistics) and Kross (construction) product lines allow users to effortlessly pull up to 500 kg of payload, by bike or by hand.
This ability to carry a large load with unrivaled flexibility makes it possible to multiply the uses of cyclo-logistics and thus to meet the major and growing challenges of last-mile delivery while reducing the impact in terms of cost, air pollution, and road traffic saturation. On the strength of this use case and the significant gains in profitability that its customers have made in comparison with conventional motorized use, the company has more recently tackled the problems of arduous work. This is particularly the case on construction sites, where the electric trailer solutions proposed to make it possible to optimize the handling of heavy loads over short distances, which are still mostly done manually.
The company, based in Paris and now in the South-West of France, employs around fifty people and intends to continue its R&D work, which already enables K-Ryole’s customers to make use of a multitude of applications dedicated to their activities (controlled temperature, organic waste collection, asphalt worksites, etc.), most of which have been developed jointly with its customers and partners.