TRADETECH SHOWCASE 2020
In the third edition of the GTR Ventures Tradetech Showcase, we are once again partnering with GTR Asia, the world’s largest trade finance event, to give the most innovative startups in the trade world a chance to pitch their business models to top leaders in the industry.
This year has been a searing reminder that as the world’s supply chains continue to grow in sophistication and complexity, they also need to prepare for unprecedented disruptions. And the one of the most relevant tools at the industry’s disposal to boost supply chain resilience is technology.
Rise of the #Tradetech sector
More and more attention is being paid to the burgeoning #tradetech sector, and this year, the World Economic Forum (WEF) launched its TradeTech Initiative, aiming to “identify the landscape of technologies and innovations that aim to enable trade to be more efficient, inclusive, and equitable”. Reefknot Investments – a joint venture between Kuehne + Nagel and Temasek – is driving next generation supply chain technologies through the NEXST consortium – a closed-door ‘think-tank’ comprising prominent leaders in trade and trade finance.
Sectors directly linked to trade, namely e-commerce and logistics, are witnessing rising interest from private equity and venture capital investors. According to a Temasek-Google report, gross merchandise value (GMV) in South-east Asia is expected to increase four-times to US$153bn in 2025 (from US$38bn in 2019).
Clearly, there are opportunities in the perceived potential of trade technology innovation to remove all kinds of hurdles, and to make trade, and trade financing more efficient, sustainable and inclusive. However, as in all sectors, innovation can be a confusing process: the constant flow of new solutions and technologies is hard to follow, and the wide majority of market entrants don’t survive the consolidation of the industry.
Navigating this world
With the Tradetech Showcase, our goal is to leverage GTR Venture’s experience in identifying global trade trends to help you navigate the complex world of trade innovation. Three years ago, we created our platform to give exposure to entrepreneurs with brilliant ideas to increase the efficiency and the safety of global trade through technology.
And while financial flows are an undeniable piece of the equation, ours is the only showcase that goes beyond fintech to explore other core elements in international trade: logistics, shipping, customs, and information flows.
For our third iteration, we took advantage of the obligation to go virtual, and left behind the Singapore focus of previous editions to sift through the applications we received with a truly global lens. From more than 20 applications, we narrowed down our selection to four startups — the most promising rising stars of the tradetech sector. Some are focused on specific industries, such as transportation or mining; others strive to increase the transparency and availability of supply chain and credit data.
Join our #future-of-trade journey
Whether you are an investor, a startup or a large corporate, you can trust that the companies we shortlisted are worth your time. In fact, Amazon Web Services (AWS) will award each of them US$10,000 of cloud credits, as a token of their investment worthiness. So enjoy the presentations, and let us know if you would like more information on any of the finalists.
You can send us an email at email@example.com. We always welcome honest feedback, as well as opportunities to work with investors, corporates, financial institutions, insurers, and technology firms, to co-create new products and joint ventures.
Join us on this exciting journey to shape the future of trade!
Founded in 2019, Tramés is an early stage company specialising in end-to-end supply chain orchestration technology. It aims to create a streamlined and unified workflow for shippers and their logistics partners.
CargoChain is an information sharing platform with native blockchain capabilities. The company’s mission is to break the old model of highly structured, one-to-one data sharing by providing an independent, open platform that collects, organizes and serves all data types in a many-to-many environment.
CARMA is the World’s First Credit Data Marketplace for unbanked countries. The company’s solution gives a quick fix on creating credit reference services which are usually a missing layer in mobile money-based economies. This fix allows lenders to make better credit decisions for loans to individuals and MSMEs.
MineHub is a foundational, open platform for digital trade. Using blockchain technology, it digitises key interactions between supply chain participants, enabling automation, reduced cost, and increased security and regulatory compliance for the global mining and metals industry.
Catch the rewind of GTRV’s first virtual edition of the #Tradetech Showcase here.
Featuring the live panel and Q&A segment where our judges evaluate the market potential of the 4 promising entrants.