Cargo.one, which operates an online system for air-freight booking, raised $42 million from investors including Bessemer Venture Partners after the Covid-19 crisis helped to drive new business.
The Berlin-based start-up lets shipping firms such as freight forwarders book air cargo in a way similar to how websites like Skyscanner sell airplane tickets. It plans to use the money -- its second funding round this year -- to expand in the U.S. and Asia, it said Thursday in a statement.
