Startup bringing productivity to Brazil’s cargo transportation receives US$35 million investment

Cobli serves 3,000 companies in 150 cities and combines hardware, software and data analysis for faster services and lower fuel costs.

RIO DE JANEIRO, BRAZIL - Logistics is one of Brazil's largest markets: the country spends the equivalent of 12.7% of its Gross Domestic Product (GDP) in the sector, from storage to transportation. In the United States, for instance, the rate is 7.8%.

Cobli is one of the startups with an eye on this market - specifically on the over 10 million commercial vehicles in Brazil. The startup takes productivity to cargo transportation through hardware and software - and has just attracted a new investment. On Wednesday, July 21, Cobli announced its series B investment.

The US$35 million investment was . . .

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