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925 Belgian TMS startup Qargo secures €28 million to scale operations and product development

EU-Startups
David Cendon Garcia @ EU-Startups · 12/11/2025 07:02 EDT

Belgian TMS startup Qargo secures €28 million to scale operations and product development

Qargo, a Ghent-based intelligent Transport Management System (TMS) cutting operating costs for European transport operators, today announced it has raised €28 million ($33 million) in Series B funding. The round was led by Sofina, the Belgian family-backed investment company, alongside existing investor Balderton Capital and follows Qargo’s rapid expansion across key European logistic hubs in ...

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