Goldman Sachs, Qualcomm and Ability Logistics invested in a round that boosted the trucking services provider's overall funding to $34m.
Investment bank Goldman Sachs has led a $20m series C round for Brazil-based trucking services provider CargoX, with backing from logistics provider Ability Logistics and semiconductor producer Qualcomm.
Investment firm Valor Capital Group, fund manager Soros and Uber co-founder Oscar Salazaer also contributed to the round. Qualcomm invested through its corporate venturing arm, Qualcomm Ventures.
Now in its second year of operation, CargoX has developed a data science platform that helps truck drivers make use of…
