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Reefknot eyes AI, digital logistics in growth drive

Innovation key to survival as consumers increasingly demand better service levels, says Temasek-backed VC

Published Tue, Oct 1, 2019 · 09:50 PM

Singapore

TEMASEK-BACKED logistics venture capital firm Reefknot Investments is focusing its US$50 million fund on artificial intelligence (AI) and deep tech, digital logistics and trade finance, said managing director Marc Dragon.

Those areas are critical for logistics and supply chain businesses "to optimise and stay profitable" as customers increasingly demand better service levels, and are how Reefknot hopes to drive change in the industry, Mr Dragon told The Business Times.

Reefknot, a joint venture between Temasek and Kuehne + Nagel, in September launched a US$50 million fund focusing on early-stage logistics and sup…

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