CargoX

Why Latin America’s freight-forwarding opportunity is still attracting capital

Amid a pandemic and unrest over gasoline prices, investors are still pouring money into Latin America's logistics and shipping businesses.

Latin America Roundup: Big rounds, big mergers and a $3.8M pandemic fund from Nubank

Sophia Wood Contributor Share on Twitter Sophia Wood is a Venture Partner at Magma Partners. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More post

Investors are pouring money into Latin America’s logistics and shipping businesses

New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian provider of trucking services, and Nowports, a Mexican freigh

Smart trucking startup CargoX raises $20M

CargoX announced today that it has raised $20 million in Series C funding led by Goldman Sachs. The startup is currently focused on the Brazilian market, where it connects businesses that need to ship

Copycats versus disruptors in Latin America

A majority of the most successful startups coming out of Latin America have fallen under the "copycat" business model. On the other hand, there’s been a rise in truly disruptive ideas coming out of

Goldman Sachs leads $10M investment in Brazilian trucking startup CargoX

CargoX, a Brazilian startup that has been described as “Uber for trucks,” is announcing that it has raised $10 million in Series B funding. The analogy is kind of irresistible, since Uber