German logistics tech firm cargo.one adds Cargofive in €17 million-backed multimodal expansion
· Source: eu-startups.com
In short
Cargo.one, a Berlin-based AI logistics technology provider, has acquired Lisbon’s ocean rate platform Cargofive and secured nearly €17 million in investment funding. This move supports the launch of a unified AI-native operating system for multimodal freight, integrating air and ocean freight data into a single platform, addressing challenges faced in AI implementations in logistics by unifying data infrastructure for enterprise-scale operations.
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In the issue of week 10, 2026: AI Agents and Physical AI Drive New Productivity Frontiers in Logistics
Tags: logistics, freight, multimodal, AI, automation, data