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Temasek JV Reefknot Investments makes first investment in UK-based AI company

Samantha Chiew
Samantha Chiew10/30/2019 02:58 PM GMT+08  • 2 min read
Temasek JV Reefknot Investments makes first investment in UK-based AI company
SINGAPORE (Oct 30): Reefknot Investments, a Singapore-based global joint venture between Temasek Holdings and Kuehne + Nagel, has made its first strategic investment in UK-based artificial intelligence company PROWLER.io.
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SINGAPORE (Oct 30): Reefknot Investments, a Singapore-based global joint venture between Temasek Holdings and Kuehne + Nagel, has made its first strategic investment in UK-based artificial intelligence company PROWLER.io.

Reefknot Investments is a global fund that invests in high growth technology companies within the supply chain and logistics space. This fund provides not just financial support, but also leverages on its ecosystem of partners to support the companies with the necessary domain or technical expertise.

Valued at US$100 million ($136 million) following its most recent round of investment led by Tencent Holdings, along with participation from SGInnovate and Atlantic Bridge, PROWLER.io utilises AI to help turn dynamic, real-time data into optimal decisions about business problems.

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