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

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

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.

 

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Logistics Update Africa
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