Qargo Closes $33M Series B to Scale AI-Driven Transport Management Across Europe
· Source: theaiinsider.tech
In short
Qargo, an AI-native transport management system, has raised $33 million in Series B funding led by Sofina with continued backing from Balderton Capital. The company applies agentic AI to automate end-to-end transport workflows, helping customers cut administrative time by up to 75% and reduce empty fleet miles by as much as 30%. The new capital will be used to expand Qargo's team, accelerate product development, and support further international growth.
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Tags: transport, logistics, automation, funding, AI, management