INSUBCONTINENT EXCLUSIVE:
today the launch of a $50 million fund for logistics and supply chain startups
The firm is based in Singapore, but will look for companies around the world that are raising their Series A or B rounds.Managing director
Marc Dragon tells TechCrunch that Reefknot will serve as a strategic investor in its portfolio companies, providing them with connections to
partners that include EDBI, SGInnovate, Atlantic Bridge, Vertex Ventures, PSA unBoXed, Unilever Foundry and NUS Enterprise, in addition to
Temasek and Kuehne + Nagel .Dragon, a veteran of the supply chain and logistics industry, says Reefknot plans to invest in about six to
It is especially interested in companies that are using AI or deep mind tech, digital logistics and trade finance to solve problems that
range from analyzing supply chain data and making forecasts to managing the risk of financing trade transactions
Data from Gartner shows that about half of global supply chain companies will use AI, advanced analytics or the Internet of Things in their
Dragon.Reefknot will also establish a think tank that will work with industry experts and government organizations on forums, research and
exploring new logistics and supply chain business models that startups can bring into fruition.
