Pelicargo lands strategic investment from Mitsubishi Logistics CVC fund

Pelicargo has received a strategic investment from Mitsubishi Logistics Corporation’s corporate venture capital fund, creating a partnership aimed at air cargo, logistics and supply chain technology. The deal adds backing for Pelicargo’s digital quoting and booking platform, which is used by more than 600 U.S.-based freight forwarders.

Why it matters: - The investment links a U.S. air cargo software startup with a global logistics operator that has reach across North America, Europe, China, Southeast Asia and other markets. - Pelicargo’s platform targets a manual process that freight forwarders and airlines still use heavily, making digital booking and rate comparison a direct efficiency play. - The partnership could open a path to broader collaboration in air cargo, logistics and supply chain technology.

What happened: - Pelicargo announced on August 12, 2026, that it received a strategic investment from Mitsubishi Logistics Corporation’s corporate venture capital fund, MLC Ventures. - The companies said the investment establishes a strategic relationship focused on future collaboration. - Pelicargo is based in Cambridge, Massachusetts.

The details: - Pelicargo offers digital air cargo quoting and booking technology. - The platform connects a nationwide U.S. network of airlines, trucking companies and warehouse providers. - Freight forwarders can compare transportation options and manage shipment workflows from quoting and booking through cargo execution in one digital interface. - Pelicargo provides access to real-time airline rates and capacity from more than 130 airlines. - More than 600 U.S.-based freight forwarders use Pelicargo in day-to-day operations. - MLC Ventures said the investment reflects a view that Pelicargo is helping digitalize a traditionally manual air cargo process. - MLC Ventures also said the companies see opportunities to use Mitsubishi Logistics’ global network, including U.S. operations, to improve international logistics services and supply chain solutions. - Pelicargo Co-Founder Shinji Angata said the investment is an important milestone for the company’s growth. - Angata said Mitsubishi Logistics has an international network spanning approximately 50 overseas locations.

Between the lines: - The deal suggests Mitsubishi Logistics is looking for technology that can improve operational efficiency and extend its logistics offering. - Pelicargo gains a strategic investor with industry reach, which could help the company expand partnerships beyond its current customer base. - The emphasis on digitalization shows how air cargo software is increasingly positioned as infrastructure, not just a workflow tool.

What’s next: - Pelicargo said it will continue expanding its technology platform and industry partnerships. - The two companies said they will explore future collaboration in air cargo, logistics and supply chain technology. - The partnership may lead to joint work on international logistics services and supply chain solutions.