Press

The new funds are meant to allow Nuvocargo to better address its enterprise-level demands. It is now expanding its services to all U.S.-Mexico border crossing locations (it previously only served Laredo, Texas, the largest shipping hotspot on the border) and recently added a customs brokerage offering.

We are honored to announce that Nuvocargo has been selected as one of the 10 Most Innovative Companies in Latin America in 2023. This marks the company’s second year in a row to be named to this prestigious network.

We’re excited to present the 2023 YC Top Companies! The startups are separated into 4 lists: YC’s top private, public, exited, and breakthrough companies.

Forbes unveiled its 12th annual Under 30 List for the Class of 2023, recognizing 600 trailblazing innovators across North America, within 20 different categories, who have turned to entrepreneurship to solve the world’s most complex challenges.

Nuvocargo, a logistics startup out to help simplify the challenges of cross-border trade, has raised $20.5 million in a round led by Tiger Global Management.

This week’s Espresso covers investment updates and news from Nuvocargo. Plus, Deepak Chhugani, Nuvocargo’s CEO and founder, joins us for a quick interview on the company’s latest investment round.

Nuvocargo, the first all-in-one digital platform focused on modernizing U.S.-Mexico cross-border trade, announced today that it has raised $36.5M in Series B funding. The round was led by QED Investors with participation from all existing investors including NFX, Tiger Global and ALLVP, plus new investors Tresalia Capital, Amador Holdings, and the co-founders of Dropbox, Repl.it and Platzi.

Nuvocargo has been growing at an incredible rate since its founding in 2019, thanks to its unique position at the intersection of technology, logistics, and the US and Latin America.

Companies scrambled to keep sourcing intact in 2022. Is reshoring the key to unlocking international trade challenges?

The Mexican government is considering a proposal that would modify driving and rest times for commercial truck drivers across the country, a measure aimed at reducing accidents on roadways.