Reefknot Investments is a Joint Venture, Venture Capital Fund, between Kuehne + Nagel, a leading global logistics group, and Temasek, an investment company based in Singapore.
The Fund seeks to partner and actively support early or growth stage businesses seeking to transform the supply chain and logistics industry utilizing cutting-edge technology. The areas of interest of the Fund include, but are not limited to, AI/Predictive Analytics, IoT, Shared Economy models, Computer Vision/Analytics, Robotics, and other potentially disruptive and transformative technologies and business models.
Dr. Joerg Wolle, Chairman Kuehne + Nagel International AG: “This joint venture will be able to accelerate the transformation of the logisticsindustry. The cooperation combines Temasek’s focused and long-term oriented investment strategy and expertise, with Kuehne + Nagel’s global logistics network and know-how, creating a win-win situation for all parties. For Kuehne + Nagel it is both another important step in the deployment of our digitalisation approach and to shape the future of our industry”.
Tan Chong Lee, President & Head, Europe and South East Asia, Temasek added, “The opportunities presented by the growth of technology and its application across sectors have been an increasing focus for Temasek. We are pleased to partner Kuehne + Nagel in this joint venture, and believe the collaboration will allow us to further identify and support growing companies at the forefront of technological development in the logistics industry.”
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