
BayBG et al. invest €3.1m in CargoGuard
BayBG, LBBW Venture, FBcon as well as M-Investar have joined the existing investors in a further financing round for CargoGuard.
The fresh capital will allow CargoGuard to develop new products, expand the organisation and strengthen its technological edge.
Among the former investors are High-Tech Gründerfonds, Bayern Kapital, Landgraf Management Advisors, VHR Verwaltungsgesellschaft, Tschunke Beteiligungs GBR, MySpace and CargoGuard's management.
Company
CargoGuard is a provider of secured logistic solutions. The company is based in Munich and was founded in 2007. Its customers include logistic firms such as DHL, UPS and DB Schenker. The business also cooperates with technology companies such as Bosch.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds