# CargoMotion funding: rounds and investors

> CargoMotion has raised $40M across 1 round since 2022. Investors include European Investment Bank. Every round with its source.

Source: https://millionrounds.com/company/cargomotion (Millionrounds; every figure on the page links to its filing or article)

Germany · [Series B startup](https://millionrounds.com/companies)

# Who invested in *CargoMotion*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2B

Funding summary Updated 26 Oct 2026

**$40M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series B, $40M Mar 2022
- **Investors:** 1

See who backed them

## The rounds

- **Mar 2022** Series B **$40M** [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Source recorded

## Founders and team

From CargoMotion's own website: 2 founders, 2 on the team.

**Maximilian Schäfer** Co-Founder

**Philipp Ortwein** Co-Founder

- **Johannes Trommer** Chief Product Officer
- **Muhammad Shaker** Head of Engineering

## Everyone who backed them

[European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cargomotion).

## Also claim to have backed them

These 2 firms list CargoMotion as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Rethink Ventures](https://millionrounds.com/fund/rethink-ventures) VC firm Per its own site

[Wenvest Capital](https://millionrounds.com/fund/wega-invest) VC firm Per its own site

## Quick answers about CargoMotion

### Who invested in CargoMotion?

CargoMotion's investors include European Investment Bank.

### How much has CargoMotion raised?

CargoMotion has raised $40M across 1 round since 2022.

### When did CargoMotion last raise?

CargoMotion's most recent round was a Series B of $40M in Mar 2022.

### What was CargoMotion's biggest round?

Its most recent round, $40M in Mar 2022, is also its largest on record.

### Who backed CargoMotion first?

CargoMotion's first round on record, in Mar 2022, was backed by European Investment Bank.

### What stage is CargoMotion at?

CargoMotion's latest named round is a Series B, in Mar 2022.

### Where is CargoMotion based?

CargoMotion is based in Germany.

## Companies like CargoMotion

In the same sector, and raised in the last eighteen months.

[**Causa Prima** $30M · Oct 2026](https://millionrounds.com/company/causa-prima)[**Passionfroot** $19M · Jul 2026](https://millionrounds.com/company/passionfroot)[**ClearOps** $10M · May 2026](https://millionrounds.com/company/clearops)[**Bounti** $6.2M · Mar 2026](https://millionrounds.com/company/bounti)[**Secfix** $16M · Feb 2026](https://millionrounds.com/company/secfix)[**Everphone** $53M · Jan 2026](https://millionrounds.com/company/everphone)

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