$69m investment fund targeting supply chain and logistics start-ups launched

SINGAPORE - Reefknot Investments has launched a US$50 million fund targeting high-growth technology businesses in the supply chain and logistics industry.

"What we're really looking for is for start-ups which have a product and capability which is potentially industry-changing," he added. Singapore-based Reefknot Investments is a joint venture between state investment firm Temasek Holdings and logistics giant Kuehne + Nagel. "We curate a group of partners to help the start-ups to understand not just how to disrupt, but how to leverage and grow in the space, whether it's in competition or collaboration with the incumbents."

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