UAE-based logistics startup, Cargoz, raised undisclosed amount in Pre-SEED from Nama Ventures

August 25, 2022

, By Team SNFYI

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UAE-based logistics startup, Cargoz, raised undisclosed amount in Pre-SEED from Nama Ventures. Cargoz platform aims to connect these SMEs and warehousing owners and operators and assist the former to avail on-demand storage in a simple-to-use platform.

Cargoz shared a statement saying, ‘When we test launched in January this year, we underestimated the pain of finding on-demand storage for SMEs and how broken and stressful that experience was. We’ve grown over 10X in the last 6 months and it looks like we are solving a big problem that existed for several decades now. Currently, we only operate in Dubai and we will be available in all other Emirates by the end of the year and then go beyond that.”

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UAE-based logistics startup, Cargoz, raised undisclosed amount in Pre-SEED from Nama Ventures

August 25, 2022

, By Team SNFYI

UAE-based logistics startup, Cargoz, raised undisclosed amount in Pre-SEED from Nama Ventures. Cargoz platform aims to connect these SMEs and warehousing owners and operators and assist the former to avail on-demand storage in a simple-to-use platform.

Cargoz shared a statement saying, ‘When we test launched in January this year, we underestimated the pain of finding on-demand storage for SMEs and how broken and stressful that experience was. We’ve grown over 10X in the last 6 months and it looks like we are solving a big problem that existed for several decades now. Currently, we only operate in Dubai and we will be available in all other Emirates by the end of the year and then go beyond that.”

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

XYXX Apparels raised $11 Mn in funds led by Singularity Growth Opportunities Fund

Next News

Hector Beverages – parent company of Paper Boat raised $50.1 million from Lathe Investment Pte Ltd

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