Qargo raises €28.0M Series B round

11 December 2025· Ghent, Belgium· transportation, logistics, transport_management_system, ai, cloud_software, b2b, pure_software

To scale its team, expand into new markets (Europe and the US), and accelerate the development of its AI-driven product capabilities. The funding will also be used to modernize transport management, cut operating costs for European transport operators, accelerate growth, drive automation in logistics, and reduce overhead costs and accelerate processes using agentic AI.

Investors

LeadSofina
Also participating
Balderton Capital

About Qargo

Stage
Series B
Headquarters
Ghent, Belgium
Founded
2020
Team Size
51–200
Traction
400+ customer base
Sectors
transportationlogisticstransport_management_systemaicloud_softwareb2bpure_software

Source: https://eu-startups.com/2026/02/02/bootstrapped-for-seven-years-french-it-scale-up-fleet-enters-first-lbo-at-e100-million-valuation/