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102 German logistics tech firm cargo.one adds Cargofive in €17 million-backed multimodal expansion

EU-Startups
David Cendon Garcia @ EU-Startups 1 place · today 07:59 EDT

German logistics tech firm cargo.one adds Cargofive in €17 million-backed multimodal expansion

cargo.one, a Berlin-based AI technology provider for logistics, today announced the acquisition of Lisbon’s ocean rate platform Cargofive – complemented by a near €17 million ($20 million) investment round. The round saw participation from investors including Bessemer Venture Partners. Today also sees the launch of an AI-native OS for multimodal freight. The platform unifies air ...

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