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cargo.one secures €17 million in funding for its acquisition of Cargofive, enhancing its ocean-freight capabilities. This financing is a significant step in reshaping the blue economy in Europe.
cargo.one has successfully raised €17 million to support its acquisition of ocean-freight platform Cargofive. This funding aims to bolster its operations within the blue economy sector. The new capital will facilitate enhanced technology integration and service offerings. This move highlights the growing trend of innovation within Europe’s blue economy.
Company Information
Company
cargo.one
Location
Germany
About
cargo.one is a technology provider specialising in artificial intelligence for the logistics sector. The company aims to strengthen its position as a leading AI infrastructure partner for multimodal logistics. cargo.one focuses on integrating air and ocean rate data to facilitate advanced logistic solutions.
GermanyInformation TechnologyArtificial IntelligenceLogistics