Soma Capital

Founded in 2015, Soma Capital is a venture capital firm headquartered in San Francisco. It focuses on investing seed capital in early-stage software startups globally, with a notable track record including investments in companies now valued at over $60 billion combined.

Juan Abundes

Venture Partner

Mir Faiyaz

Investor

Fouad Farhat

Investor

Juliet Fern

Investor

Nikhita Jaaswal

Investor

Past deals in Cargo

Natilus

Venture Round in 2022
Natilus Inc. is a California-based company that specializes in manufacturing aircraft drones for freight forwarding. Founded in 2016 by Aleksey Matyushev and Anatoly Starikov, the company aims to transform the air cargo industry through innovative designs and advanced technology. With a team of engineering experts who have extensive experience in various aviation sectors, Natilus seeks to reduce air freight costs and improve accessibility for underdeveloped areas, ultimately enhancing global supply chain efficiency and sustainability. Its aircraft, including the Kona short-haul UAV, Alisio medium/long-range UAV, and Nordes long-range UAV, are constructed from carbon fiber composites and utilize existing ground infrastructure and standard air cargo containers. This design allows for remote piloting capabilities and positions Natilus to capitalize on a significant market opportunity, projecting an expansion of the air freight sector to $470 billion through cost reductions and increased efficiency.

Rider

Seed Round in 2022
Rider is an e-commerce logistics startup based in Pakistan that focuses on providing technology-driven, customer-centric solutions for last-mile delivery. The company specializes in delivering products from online sellers to customers' doorsteps, facilitating the logistics of e-commerce transactions. Rider offers services such as cash on delivery and a cash now, deliver later option, which allows vendors to receive payments promptly while ensuring timely delivery of goods to their customers. This innovative approach aims to enhance the efficiency and reliability of the logistics process for online merchants in Pakistan.

Kamion

Seed Round in 2022
Founded in Istanbul in 2020, Kamion is a technology company that operates a digital logistics marketplace. It aims to enhance the efficiency of the logistics sector, which contributes over 10% to Turkey's GDP. The platform facilitates instant quotes for full truckload (FTL) transportation needs, connects users with reliable freight carriers, and offers services such as cargo insurance, process tracking, and customer support.

Topship

Seed Round in 2022
Topship is a shipping platform designed to facilitate the import and export of parcels, cargo, and freight for African businesses. By leveraging technology, Topship enhances transparency and simplifies the logistics process, allowing businesses to connect seamlessly with customers, suppliers, and distributors worldwide. The platform provides an efficient solution for international deliveries, enabling merchants to manage shipments from the customer's doorstep to any destination. This service aims to create a hassle-free logistics experience for clients, thereby supporting the growth of African businesses in the global market.

TrackChain

Pre Seed Round in 2021
TrackChain operates an advanced logistics platform designed to unify communications, data, and transportation processes. Its intuitive interface, powered by AI agents and seamless API integrations, automates freight management tasks such as carrier procurement, shipment tracking, freight audit & payments, and predictive analytics.

ZeoAuto

Seed Round in 2020
Zeo Auto is a freight management platform based in Mumbai, India, that specializes in tracking and improving fleet operations for commercial vehicles. The platform provides real-time location tracking and integrates with various sensors to monitor critical parameters such as temperature, fuel, and engine status. It assists fleet managers in managing end-to-end operations, which includes capturing orders, assigning drivers, route planning, trip management, and vehicle tracking. Additionally, Zeo Auto offers services like waybill generation to streamline logistics processes. The company aims to be a comprehensive solution for fleet owners by addressing their diverse needs, including load servicing, vehicle maintenance, financing, and insurance.

BeGo

Seed Round in 2020
BeGo is a company focused on enhancing the trade dynamics between the United States and Mexico through its innovative marketplace platform. It has developed a fleet management application that assists businesses in tracking the status of their merchandise. This application allows users to find, quote, and book transport fleets while providing real-time updates on the location and status of goods. By offering automatic notifications for key milestones, such as when merchandise is picked up or arrives at its destination, BeGo aims to streamline logistics and improve the efficiency of cross-border trade.

AeroVect Technologies

Seed Round in 2020
Founded in 2020, AeroVect Technologies specializes in developing autonomous cargo handling systems for airports. Its offerings include autonomous GSE technology and management software, along with LiDARs, cameras, radars, and GPS-RTK for airside operations.

Embark Trucks

Seed Round in 2016
Embark Trucks Inc. is a technology company based in San Francisco, California, specializing in the development of self-driving truck technology for the commercial trucking industry. Founded in 2015, the company focuses on creating artificial intelligence software that enhances long-haul transportation efficiency. Embark has achieved significant milestones in automation, including successful cross-country drives and the ability to operate in various weather conditions such as rain and fog. The company employs a skilled team of engineers with backgrounds from leading organizations like Tesla, Google, Audi, and NASA, and its operations team has an impressive track record, averaging over a million miles per driver. By collaborating with trucking carriers, manufacturers, and suppliers, Embark aims to deliver operational savings and improve logistics for freight and transportation services.

Lugg

Seed Round in 2015
Lugg, Inc. is a logistics company based in San Francisco, California, specializing in store-to-home delivery services for purchased goods. Founded in 2014, Lugg provides a range of on-demand services, including relocation assistance for homes, donations, storage solutions, junk removal, and the pickup and delivery of used goods. The company aims to simplify the moving process by connecting users with local movers and trucks through its platform, allowing for easy transportation of large items such as furniture and other purchases. Lugg’s focus is on delivering efficient, convenient solutions for consumers looking to manage their moving and delivery needs.
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