Singaporean venture capital firm Reefknot Investments has launched its first global fund with a total investment of $50 million.
Reefknot Investments, a joint venture between Temasek and Kuehne + Nagel, noted that the new fund will invest in select six to eight startups across the world.
The fund will seek opportunities in domains at the forefront of the supply chain and logistics industry, including artificial intelligence or deep technology, digital logistics and trade finance.
Reefknot Investments, which is working with some venture ecosystem partners including EDBI Pte Ltd., SGInnovate, Atlantic Bridge, and others, aims to support the growth of Series A and Series B stage startups.