DeGould Attracts New Funding for Growth

25th October 2021

DeGould Ltd has completed its third round of funding, providing £6 million of capital to accelerate the supply of automated vehicle inspection systems, powered by AI.

Over the last eight years, DeGould has captured over 100 million vehicle image sets on behalf of its customers. The highest resolution images in the industry are combined with AI algorithms to deliver full vehicle condition reporting. The company’s latest product, the new Auto-compact system, incorporates this technology and sets new standards for defect detection.

“We continue to digitise critical components of our finished vehicle logistics processes and, the investment in DeGould is an important milestone in our strategy”, says EVP & COO Logistics Services at Wallenius Wilhelmsen, Mike Hynekamp.
“We believe investing in DeGould creates significant value for our mutual current and future customers by enhancing our capabilities in bringing end-to-end, integrated supply chain solutions to market”, says Hynekamp.

Degould auto-scan automatic vehicle condition booth

About Wallenius Wilhelmsen
Wallenius Wilhelmsen ASA is a global provider of ocean and land-based logistics services within the RoRo industry. The company employs 8,700 people in 29 countries worldwide and controls 130 vessels alongside 9 terminals, 65 processing centres, and a global inland distribution network. Wallenius Wilhelmsen ASA is listed on Oslo Stock Exchange.

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