logo
logo

Imperial Logistics, Newtown Partners invest $20 mn to launch VC fund for startups

avatar
Logistics Update Africa
img

With an initial investment of $20 million, Imperial Logistics has partnered with venture capital firm Newtown Partners to launch a corporate venture capital (CVC) fund focused on investing in disruptive startups in the logistics industry.

The fund will identify, invest in, and nurture disruptive, innovative technology startups that present high-growth potential in the global supply chain and logistics technology stack.

 

Link for article

collect
0
avatar
Logistics Update Africa
guide
Zupyak is a free content platform for publishing and discovering stories, software and startups.