SAN FRANCISCO--(BUSINESS WIRE)--Jun 6, 2025--
Kargo, a leader in industrial artificial intelligence (AI) technology, announced an $18.4 million investment led by Matter Venture Partners, with participation from previous investors Sozo Ventures and Founders Fund, as well as existing customers and new strategic investors Lineage and Armada Supply Chain Solutions, LLC. Kargo also announced the successful rollout of its computer vision solution at 240 Armada dock doors to automate inventory management across the food supply chain provider’s national network of warehouse hubs.
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“Comprehensive, proprietary data is the key to unlocking the full potential of AI. Kargo has become the trusted provider of inventory data to leading global supply chains. AI plays a critical role in supply chain integrity and we’re helping customers across industries build their AI stack to connect their warehouses, back offices and customers,” said Sam Lurye, founder and CEO of Kargo. “This capital investment enables Kargo to develop new products that connect supply chain data and rapidly expand our customer base.”
Kargo provides Kargo Towers and Kargo Lifts, integrated hardware and software solutions that automate freight data capture and verification. Kargo Towers are installed at warehouse loading docks or gateways, and use AI-powered cameras to gather information on freight labels, cases and product condition. Kargo’s LLM structures the image data into coherent inventory information to flag exceptions (i.e. overages, shortages, damage or compliance concerns) in real-time. The Kargo Lift is purpose-built for forklifts and automated guided vehicles (AGVs) and extends Kargo’s AI capabilities to a new vantage point.
By providing visual proof of the contents and condition of every pallet, Kargo supplies customers with accurate and timely inventory data. This deep technical moat has resulted in:
"Kargo played a critical role in our ability to successfully implement AI in a meaningful way. We were live in under a month, significantly enhancing our inventory management. Our clients – predominantly large, multi-unit restaurant companies – benefited almost immediately from increased accuracy and traceability.” said Rick Rover, President of Armada’s warehouse division. “Our commitment to reliability, agility, and resilience ensures exceptional service that consistently benefits our clients.”
“Kargo is redefining how supply chains operate by making freight data visible, reliable, and actionable at scale,” said Haomiao Huang, Founding Partner at Matter Venture Partners. “Their rapid customer adoption, real-world impact, and deep technical moat make them a category-defining company in logistics AI. We’re proud to back Kargo as they build the modern infrastructure layer for the physical economy.
About Kargo
Kargo’s mission is to create a universal interpreter for supply chains by using computer vision to connect the physical world of freight to the digital systems used to manage it. Kargo believes that applications of artificial intelligence like this are critical to a more efficient future for logistics. The Kargo system verifies all inbound and outbound freight in real-time, aggregating data, ensuring accuracy, and providing visibility that enables efficient warehouse operations and supply chain management. Kargo was founded in 2019 and is headquartered in San Francisco. To learn more, visit: https://kargo.ai/
About Matter Venture Partners
Matter Venture Partners is a venture capital firm dedicated to accelerating HardTech innovation—reshaping industries like semiconductors, robotics, AI infrastructure, and electrification. As experienced founders and investors, Matter combines capital with deep technical and operational expertise to help startups scale. The firm partners with strategic LPs and leverages a global supply chain network to support founders from early product-market fit through industrial-scale growth. Matter raised a $311 million inaugural fund in 2023 and is headquartered in Palo Alto, California. To learn more, visit: www.mattervp.com
About Armada
Armada Supply Chain Solutions creates innovative, data-driven, fully integrated supply chain solutions that improve business performance for our clients, enabling them to serve their customers best. We deliver supply chain solutions with extraordinary service, powered by technology, driven by analytics, operating at scale. We are revolutionizing the way supply chains are managed by creating resilient and agile networks to manage the challenges of today’s market. Armada believes there’s a better way – a better way rooted in transparency, advocacy, and ingenuity. To learn more, visit: www.armada.net
Kargo towers at loading dock doors.
MINNEAPOLIS (AP) — A Liberian man who has been shuttled in and out of custody since immigration agents in Minnesota broke down his door with a battering ram was released again Friday, hours after a routine check-in with authorities led to his second arrest.
President Donald Trump, meanwhile, backed off a bit from his threat a day earlier to invoke an 1807 law, the Insurrection Act, to send troops to suppress protests in Minnesota during an unprecedented immigration sweep in the Twin Cities.
“I don’t think there’s any reason right now to use it, but if I needed it, I’d use it," Trump told reporters outside the White House.
The dramatic initial arrest of Garrison Gibson last weekend was captured on video. U.S. District Judge Jeffrey Bryan ruled the arrest unlawful Thursday and freed him, but Gibson was detained again Friday when he appeared at an immigration office.
A few hours later, Gibson was free again, attorney Marc Prokosch said.
“In the words of my client, he said that somebody at ICE said they bleeped up and so they re-released him this afternoon and so he’s out of custody,” Prokosch said, referring to Immigration and Customs Enforcement.
Gibson’s arrest is one of more than 2,500 made during a weekslong immigration crackdown in Minneapolis and St. Paul, according to the Department of Homeland Security. The operation has intensified and become more confrontational since the fatal shooting of Renee Good on Jan. 7.
Gibson, 37, who fled the civil war in his West African home country as a child, had been ordered removed from the U.S., apparently because of a 2008 drug conviction that was later dismissed. He has remained in the country legally under what’s known as an order of supervision, Prokosch said, and complied with the requirement that he meet regularly with immigration authorities. =
In his Thursday order, the judge agreed that officials violated regulations by not giving Gibson enough notice that his supervision status had been revoked. Prokosch said he was told by ICE that they are “now going through their proper channels" to revoke the order.
Meanwhile, tribal leaders and Native American rights organizations are advising anyone with a tribal ID to carry it with them when out in public in case they are approached by U.S. Immigration and Customs Enforcement officers.
Native Americans across the U.S. have reported being stopped or detained by ICE, and tribal leaders are asking members to report these contacts.
Ben Barnes, chief of the Shawnee Tribe in Oklahoma and chair of the United Indian Nations of Oklahoma, called the reports “deeply concerning”.
Organizers in Minneapolis have set up application booths in the city to assist people needing a tribal ID.
Democratic members of Congress held a local meeting Friday to hear from people who say they've had aggressive encounters with immigration agents. St. Paul Mayor Kaohly Her, who is Hmong American, said people are walking around with their passports in case they are challenged, and she has received reports of ICE agents going from door to door “asking where the Asian people live.” Thousands of Hmong people, largely from the Southeast Asian nation of Laos, have settled in the United States since the 1970s.
Minneapolis authorities released police and fire dispatch logs and transcripts of 911 calls, all related to the fatal shooting of Good. Firefighters found what appeared to be two gunshot wounds in her right chest, one in her left forearm and a possible gunshot wound on the left side of her head, records show.
“They shot her, like, cause she wouldn’t open her car door,” a caller said. “Point blank range in her car.”
Good, 37, was at the wheel of her Honda Pilot, which was partially blocking a street. Video showed an officer approached the SUV, demanded that she open the door and grabbed the handle.
Good began to pull forward and turned the vehicle's wheel to the right. Another ICE officer, Jonathan Ross, pulled his gun and fired at close range, jumping back as the SUV moved past him. DHS claims the agent shot Good in self-defense.
FBI Director Kash Patel said at least one person has been arrested for stealing property from an FBI vehicle in Minneapolis. The SUV was among government vehicles whose windows were broken Wednesday evening. Attorney General Pam Bondi said body armor and weapons were stolen.
The destruction occurred when agents were responding to a shooting during an immigration arrest. Trump subsequently said on social media that he would invoke the Insurrection Act if Minnesota officials don’t stop the “professional agitators and insurrectionists” there.
Minnesota’s attorney general responded by saying he would sue if the president acts.
Associated Press reporters Ed White and Corey Williams in Detroit; Graham Lee Brewer in Oklahoma City; Jesse Bedayn in Denver; Audrey McAvoy in Honolulu; and Ben Finley in Washington contributed.
Immigration and Customs Enforcement (ICE) agents, including one wearing a 'NOT ICE' face covering, walk near their vehicles, Thursday, Jan. 15, 2026, in Richfield, Minn. (AP Photo/Adam Gray)
A person looks out of their vehicle as Immigration and Customs Enforcement (ICE) agents walk away, Thursday, Jan. 15, 2026, in Richfield, Minn. (AP Photo/Adam Gray)
