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Qargo Raises $33M In New Series B Funding Round

· Source: ventureburn.com

In short

Qargo has secured $33 million in Series B funding to expand its AI-powered transport management platform across Europe. The company's cloud-based system helps transport operators reduce administrative tasks, optimize routes, cut emissions by up to 30%, and improve operational efficiency. Qargo's AI engine automates daily workflows, processes over £1.9 billion in transport invoicing annually, and has quadrupled its customer base in 18 months.

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In the issue of week 50, 2025: Agentic AI Drives Record Productivity and Real-Time Control in Supply Chains

Tags: transport, automation, routing, emissions, logistics, funding

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