Kargo raises $42m Series B to scale AI-powered warehouse deployments
· Source: aimagazine.com
In short
Kargo, an industrial AI technology developer for supply chain and logistics, has secured $42 million in Series B funding led by Avenir. The company plans to use the capital to accelerate its mission of transforming real-time inventory data infrastructure across global warehousing operations. Kargo's platform automates shipping and receiving operations, inspects freight for damage, verifies shipments, and provides real-time inventory data to enterprise customers across multiple sectors.
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In the issue of week 52, 2025: AI-Driven Edge Automation Delivers 40%+ Productivity and Rapid ROI in Supply Chains
Tags: warehousing, automation, inventory, logistics, funding, supply-chain