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Hamburg – According to the venture capital data firm CB Insights, logistic tech start-ups are on track for their first billion-dollar year in cumulative funding after already having raised $583M across 33 deals in 2017. The Hamburg-based start-up Cargonexx, one of the leading trucking start- ups in Europe, confirms this trend. The company has developed an intelligent online-pricing- software that is matching supply and demand of freight transports. With a similar concept the US start-up Convey just announced one of the biggest funding rounds to date for a trucking player.
