Stowlog closes €1M investment

Stowlog, a SaaS platform specializing in the digitization of health, safety, security, and environment (HSSE) procedures in port logistics facilities, has closed a €1 million investment round to accelerate its international growth.

The round was led by Draper B1, a venture capital fund linked to the Draper Venture Network, with the participation of First Drop and the Castellón-based technology group Cuatroochenta, thus reinforcing their commitment to technological solutions with high global scalability potential.

Stowlog is a product developed by Estudio Cactus, a Castellón-based technology company with extensive experience in developing digital solutions for the industrial and port logistics sector. Based on this experience, Stowlog was launched in 2023 as a modular SaaS that enables port terminals, logistics facilities, and intermodal hubs to digitize critical security processes, access control, visitor management, contractors, and real-time geolocation, improving operational efficiency and reducing risks.

The platform is currently implemented in logistics facilities and terminals in more than 15 countries on four continents, working with major international operators in the sector such as Maersk, APM Terminals, CMA-CGM, and Cosco Shipping, among others, in facilities such as the ports of New York, Miami, Los Angeles, Lázaro Cárdenas (Mexico), Gothenburg (Sweden), and Onne (Nigeria), among many others.

According to Pablo Aguirre, CEO of Stowlog: “This investment is a key step in consolidating Stowlog as an internationally recognized solution. The backing of Draper B1, together with First Drop and Cuatroochenta, validates both the product and the team and will allow us to accelerate our global expansion.”

The main objective of the round is to drive Stowlog's international growth by strengthening the team, evolving the product, and expanding its presence in new strategic markets, especially in Europe and North America.

_"Stowlog is one of those companies where their proven execution has been key to our decision to invest. Their excellent execution involves a team that knows the sector and has a tremendous degree of commitment and resilience. We are convinced that their growth potential, together with the support of our international network, make a perfect mix to guarantee sustained value creation over time and the consolidation of Stowlog as a benchmark in its vertical on an international scale," _says Raquel Bernal, Managing Partner Director at Draper B1.