# Zencargo funding: rounds and investors > Zencargo has raised $24M across 2 rounds since 2018. Investors include Picus Capital, HV Holtzbrinck Ventures and LocalGlobe. Every round with its source. Source: https://millionrounds.com/company/zencargo (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series A startup](https://millionrounds.com/companies) # Who invested in *Zencargo* 2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Logistics Funding summary Updated 26 Oct 2026 **$24M** raised across 2 rounds since 2018, from 2 sources **$4.0M** Seed **$20M** Series A - **Latest round:** Series A, $20M Apr 2019 - **Led by:** HV Holtzbrinck Ventures - **Step-up i:** 5× - **Investors:** 7 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2019 **$4.0M** Seed **$20M** Series A - **First round:** Seed, $4.0M - **Biggest round:** $20M - **Between rounds:** 7 months ## The rounds - **Apr 2019** Series A **$20M** *5 new* *1 returning* [HV Holtzbrinck Ventures](https://millionrounds.com/fund/hv-holtzbrinck-ventures) Lead [LocalGlobe](https://millionrounds.com/fund/localglobe) [Picus Capital](https://millionrounds.com/fund/picus-capital) [Pentland Ventures](https://millionrounds.com/fund/pentland-ventures) [Samos Investments](https://millionrounds.com/fund/samos-investments-2) [Tom Stafford](https://millionrounds.com/fund/tom-stafford) Reported by FinSMEs - **Sept 2018** Seed **$4.0M** *2 new* [Picus Capital](https://millionrounds.com/fund/picus-capital) LocalGlobe/ Samos Investments Reported by FinSMEs ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2018 **Series A** 2019 [Picus Capital](https://millionrounds.com/fund/picus-capital) [HV Holtzbrinck Ventures](https://millionrounds.com/fund/hv-holtzbrinck-ventures) L [LocalGlobe](https://millionrounds.com/fund/localglobe) [Pentland Ventures](https://millionrounds.com/fund/pentland-ventures) [Samos Investments](https://millionrounds.com/fund/samos-investments-2) [Tom Stafford](https://millionrounds.com/fund/tom-stafford) LocalGlobe/ Samos Investments ## Everyone who backed them [Picus Capital](https://millionrounds.com/fund/picus-capital) VC firm **2** rounds [HV Holtzbrinck Ventures](https://millionrounds.com/fund/hv-holtzbrinck-ventures) Private equity **1** round, led 1 [LocalGlobe](https://millionrounds.com/fund/localglobe) VC firm **1** round [Pentland Ventures](https://millionrounds.com/fund/pentland-ventures) Corporate VC **1** round [Samos Investments](https://millionrounds.com/fund/samos-investments-2) VC firm **1** round [Tom Stafford](https://millionrounds.com/fund/tom-stafford) VC firm **1** round LocalGlobe/ Samos Investments no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=zencargo). ## Also claim to have backed them These 2 firms list Zencargo 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. [Initial Capital](https://millionrounds.com/fund/initial-capital) VC firm Per its own site [Loric Ventures](https://millionrounds.com/fund/loric-ventures) VC firm Per its own site ## Quick answers about Zencargo ### Who invested in Zencargo? Zencargo's investors include Picus Capital, HV Holtzbrinck Ventures, LocalGlobe, Pentland Ventures and Samos Investments, and 2 more on record. HV Holtzbrinck Ventures led its latest round. ### How much has Zencargo raised? Zencargo has raised $24M across 2 rounds since 2018. ### When did Zencargo last raise? Zencargo's most recent round was a Series A of $20M in Apr 2019, led by HV Holtzbrinck Ventures. ### What was Zencargo's biggest round? Its most recent round, $20M in Apr 2019, is also its largest on record. ### Who backed Zencargo first? Zencargo's first round on record, in Sept 2018, was backed by Picus Capital and LocalGlobe/ Samos Investments. ### What stage is Zencargo at? Zencargo's latest named round is a Series A, in Apr 2019. ### Where is Zencargo based? Zencargo is based in the United Kingdom. ### Who led Zencargo's rounds? HV Holtzbrinck Ventures led the Series A in 2019. ## Companies like Zencargo In the same sector, and raised in the last eighteen months. [**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**Alchera Technologies** $3.7M · Oct 2026](https://millionrounds.com/company/alchera-technologies)[**AugmentAero** $231M · Sept 2026](https://millionrounds.com/company/augmentaero)[**Rightcharge** $1.4M · Sept 2026](https://millionrounds.com/company/rightcharge)[**GoodVision** Aug 2026](https://millionrounds.com/company/goodvision)[**Stackt** $4.8M · Aug 2026](https://millionrounds.com/company/stackt) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app