Qargo just raised $33M to cut Europe's logistics costs
· Source: techfundingnews.com
In short
UK-based logistics startup Qargo has secured $33 million in Series B funding to accelerate its AI-powered transport management system. The company's cloud-based platform automates workflows and reduces administrative time by up to 75%, while cutting empty miles by 30% to lower both costs and emissions. Qargo has quadrupled its customer base and expanded to six European markets since its previous funding round 18 months ago.
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Tags: logistics, transport, automation, TMS, optimization, sustainability