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CargoSense Raises $8M in Series A to Accelerate Software Automation in Supply Chain

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: CargoSense, Lanza techVentures

CargoSense, the ‘Visibility OS’ platform for driving transformative supply chain automation using visibility data, announced an initial close on an $8 million Series A investment round, led by Lanza techVentures. Merck Global Health Innovation Fund (MGHIF) joined the round as a strategic investor, along with Chicago-based venture firm SmoothBrain, channel partner The Pallet Alliance, and other previous private investors in CargoSense.

The investment will enable CargoSense to execute on expanding its partner ecosystem of integrated management systems, data sources, and industrial IIoT platforms available to digital agents running on the Visibility OS. This will empower CargoSense’s global customers with the tools to automate and simplify additional aspects of their supply chain operations.

Read more at PR Newswire