Cargofy lands $6M to scale AI workers for logistics

Logistics technology company Cargofy has raised $11 million in a Series A funding round, consisting of $6 million in primary capital and $5 million in secondary transactions. The round was led by u.ventures , Toloka , and Movens Capital , with participation from Des Traynor , co-founder of Intercom, and several angel investors. Cargofy develops AI-powered digital workers that automate freight operations for logistics companies across Europe, the United States, and the Caspian region.