Quivo Raises $5.6 Million From Gulf Warehousing Company

Qatar’s Gulf Warehousing Company (GWC) has acquired a minority stake in Quivo, an Austria-based logistics and technology startup, as part of its ongoing expansion into Europe and North America. The investment provides GWC with access to Quivo’s logistics platform and international network, while offering Quivo the opportunity to scale its services into new markets through GWC’s regional infrastructure. Quivo operates across multiple countries, including Germany, France, the UK, Austria, and the United States. Its platform offers integrated solutions for marketplace management, API connectivity, and warehouse operations, supporting businesses in managing cross-border e-commerce and logistics. According to GWC, the integration of Quivo’s software has already begun within its warehousing operations in Qatar, with plans to extend its use to the UAE and Saudi Arabia in the coming months. The acquisition forms part of GWC’s broader strategy to enhance its digital logistics capabilities and strengthen cross-border connectivity. It follows the company’s earlier purchase of a 16.2% stake in German logistics firm Ancla, reflecting its growing focus on global partnerships and technology-driven growth.