Major international logistics industry player, Imperial, has partnered with Newtown Partners to launch a corporate venture capital (CVC) fund focused on investing in disruptive startups in the supply chain and logistics industry, with an initial investment of $20 million. 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.
As the fund manager, Newtown Partners has adopted a hands-on approach that will see it working closely with portfolio startup companies that the fund invests in. Additionally, the innovation fund is operationally separate from Imperial, ensuring portfolio startups are not hamstrung by corporate red tape, while still being able to unlock the synergistic benefits of having Imperial as an investor and market access provider.
The Imperial Venture Fund is committed to investing in entrepreneurs that will disrupt the status quo in the next 5 to 10 years: