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 . . .