/PRNewswire/ -- Nevoya, the next-generation electric trucking carrier redefining what's possible in American logistics, today announces $9.3M in seed financing...

Los Angeles-based Nevoya raised a $9.3M seed round to expand its EV truck fleet, achieving cost parity with diesel trucks. The company, serving 10 Fortune 500 firms, uses AI to optimize routes and manage charging. Lowercarbon Capital led the funding, with plans to expand into Texas despite limited charging infrastructure. Nevoya's model involves hiring general managers to run new locations, inspired by Uber's expansion strategy.

Sustainability: News about the rapidly growing climate tech sector and other areas of innovation to protect our planet. SEE MOREStepchange co-founders Anay Shah, left, and Ben Eidelson. (Stepchange Photo)Seattle-based venture firm Stepchange announced that it closed its first fund, raising $7 million to invest in climate-focused startups.The fund is targeting four sectors: consumer and commercial transportation; the built environment; energy generation and the electrical grid; and climate adaptation and resilience.Stepchange focuses on software innovation rather than capital-intensive devices and hardware. It supports low-carbon solutions that are cost-competitive with polluting alternatives.“Fundamentally, we’re looking at asset-light companies and things that have immediate commercial pull in the market,” said Anay Shah, Stepchange co-founder and general partner. “So it’s technologies that don’t require government incentives. They don’t require folks to pay a green premium, as it’s known