Press Release
10 June 2024

Qargo Raises $14 Million

The London Technology team advised Qargo on its $14 million Series A round led by Balderton Capital.

Founded in 2020 by Adriaan Coppens (CEO), Joeri de Turck (CTO) and Sander de Wilde (Head of Engineering), Qargo is a UK-based startup which provides transportation companies with a management system that enhances efficiency by automating workflows and reducing unnecessary trucking mileage.

Balderton is Europe's leading venture capital investor, focused exclusively on European founded technology companies. Balderton invests in companies with the potential to disrupt huge industries, and the ambition to scale globally. The company has a track-record of backing breakthrough companies ranging from MySQL to Betfair, and The Hut Group to Yoox Net-a-Porter.

The Goodwin team was led by Ali Ramadan, Richard Bloomfield, Oliver Dunn and Mihaela Angelova.

For more details on the financing round, visit Tech Crunch.