Kargo, a leader in industrial artificial intelligence (AI) technology for supply chain and logistics, announced the closing of a $42 million Series B funding round. The round was led by Avenir, with participation from Linse Capital, Hearst Ventures and Lightbank, and previous investors Matter Venture Partners and Sozo Ventures. The new capital will be used to accelerate Kargo's mission to transform real-time inventory data infrastructure across warehousing and logistics globally.‹