Kargo: $42 Million Series B Raised To Expand AI-Powered Warehouse Deployments
· Source: pulse2.com
In short
Kargo, an industrial AI company focused on supply chain and logistics, has raised $42 million in Series B funding to expand deployments of its warehouse and loading dock technology. The company's system uses physical towers with sensors to automate shipping and receiving workflows, inspect freight for damage, verify shipments, and provide real-time inventory data. Kargo has grown from three to over 45 enterprise customers since 2022 and plans to use the funding to accelerate its real-time inventory data infrastructure and launch new applications like Kargo Intelligence for back-office automation.
Read Original Article — Read the full article on the publisher’s site.
In the issue of week 52, 2025: AI-Driven Edge Automation Delivers 40%+ Productivity and Rapid ROI in Supply Chains
Tags: warehouse, automation, logistics, funding, inventory, dock