In a world where companies are increasingly expecting frictionless, tech-enabled services, traditional supply chain and logistics services are just not cutting it anymore. Just about anything can be ordered from a smartphone, but shipments across continents still require multiple layers of providers, takes days and often complicated to manage.
A variety of startups have cropped up in Asia to tackle shortcomings in various segments of the logistics industry, from intra-city delivery, to on-demand storage to innovative web-based tools and platforms.
The past year has seen more early stage rounds than ever before, with seed rounds accounting for nearly three-quarters of all deals recorded in 2014. In the first quarter, relatively large rounds for "uber for logistics" startups topped past totals for venture investments in logistics-related startups in Asia – but it seems investors have yet to place any big bets…
On September 18, we are organizing LogTech Asia in Hong Kong, a special event featuring some of the most prominent supply chain and logistics startups that Asia has to offer. See www.logtech.asia for the latest speakers and event details.
We invite you to join this unique event and witness the fast growth of the LogTech sector in Asia.