The funding round was led by Balderton Capital to support product development and market expansion.
"Road transport is the backbone of European commerce and there’s no reason why it should be run on decades-old software. We’re proud that we can offer a secure cloud-based solution, with AI-based automation in an affordable subscription model that has helped our customers drive efficiencies in their business. Qargo is processing tens of millions in revenue and has become a true partner to the transport companies which are the backbone of many sectors. We’re delighted to partner with Balderton to power our growth and look forward to taking Qargo to the next level."
The Series A round was led by YFM Equity Partners with participation from Par Equity and an angel syndicate.
"YFM’s experience of working with innovation-led businesses has proved invaluable. The team immediately understood our vision and recognised our potential. With the backing of YFM, Par and our angel investors, we can continue to curate the future of EV infrastructure and help more customers to deliver an optimised, reliable and trusted EV charging experience."
Momenta led the Series A round to support the company in expanding its customer base and exploring new industrial applications.
"We chose to invest in Luffy because of their team’s deep expertise in industrial control and AI. Their solution aligns with our investment focus on adaptive industrial systems capable of learning and adjusting to dynamic environments, from automation to autonomy,"
Zouk Capital led the investment round to accelerate the rollout of charging points across apartment buildings.
"With our fully managed and funded approach, we make the process as straightforward as possible. We remove any of the stress associated with an initial capital outlay or the ongoing management and maintenance of the charge points, while also creating a customer-centric proposition that will help landlords build long-term relationships with their residents."
Octopus Ventures led the Series A round with support from TX Ventures and Solano Partners to drive international growth and product development.
"We’ve been impressed by the power of Swiipr’s offering to fundamentally transform compensation payments, delivering the scale and efficiency of modern payments to the airline industry while significantly improving the travel experience for their customers."
