Anton Inshutin leading a panel about Digital Transformation in Logistics at NOAH London

info@rtp-global.com | 07.11.19

We are happy to announce that our partner Anton Inshutin was leading a panel about Digital Transformation in Logistics at NOAH London on 30 October. Below you can see some of the ideas shared on the panel

The ships make money only when they are out at sea, and not when they are stuck at a port. For centuries the sea freight industry suffered from huge inefficiencies, as ships spent nearly half their time in ports waiting for loading and unloading.

The industry-defining leap forward in logistics came in the middle of the 20th century with the invention of the standardized intermodal shipping container by Malcolm McLean in 1956. The intermodal shipping container, which could be moved seamlessly between road, rail and sea freight, brought radical change to the industry. Using containers reduced the time it took to load and unload ships by 22 times and made it 36 times cheaper than traditional methods to deal with cargo. This was a real revolution in the logistics industry that paved the way for the rapid growth in global trade that followed.

Today, the ocean freight industry carries US$12Tr worth of goods annually, approximately 60% of which via containers. Over 150 million TEUs (twenty-feet equivalent container units) are being shipped annually worldwide. And this number has tripled just over the last 20 years. The revenues of the ocean freight industry exceed US$300Bn.

Despite this rapid growth, more recently the improvement in the logistics sector has been more evolutionary than revolutionary. In a sense, the lack of innovation in the sector is understandable. Large industry moats, such as high fixed asset intensity and large working capital requirements, have kept new market entrants and the competition at bay. However, new emerging digital technologies are effectively lowering the barriers to entry and making it easier for new start-ups to disrupt even some of the biggest players in the industry.

The freight forwarding space, which is more asset-light, was the first to be attacked by digital disrupters.  Startups like Flexport and FreightHub are analyzing their client data to optimize shipping routes and streamline relationships with other players along the shipping container supply chain, such as ports and shipping carriers, and thus cutting off shipping times compared to traditional LSPs. However, digitizing freight forwarding is akin to an offline retailer opening up an e-commerce site. Whilst this makes the user experience more convenient, this does not change the underlying industry processes, the backend still remains inefficient. To solve the backend problem some digital freight forwarders try to go full stack in terms of vertical integration. For example, Flexport leases warehouses and cargo jets.

The recent digitization of supply chains has forced some traditional LSPs into investing and automating their processes. Some incumbent LSPs launch their own digital services, mostly at the front-end, to compete more effectively with emerging digital freight forwarders, especially in the SME segment. For example, DHL Global Forwarding launched Ocean View, which offers real-time updates on maritime shipments and DHL SupplyWatch, an AI program for identifying supply chain disruptions. In Germany, for example, Panalpina launched a pilot ocean shipment management system. Dubai Parts World also released a container visibility solution in the UK recently.

For press enquiries: info@rtp-global.com

RTP Global has invested into coaching platform CoachHub

info@rtp-global.com | 13.11.19

CoachHub has closed a €10M funding round, from existing investors HV Holtzbrinck VenturesPartech and Speedinvest x and new investor RTP Global. After raising €6M just three months ago, the latest round brings total funds raised this year to €16M, recognising CoachHub’s position as the leading digital coaching provider in Europe.

Learn more

Anton Inshutin leading a panel about Digital Transformation in Logistics at NOAH London

info@rtp-global.com | 07.11.19

We are happy to announce that our partner Anton Inshutin was leading a panel about Digital Transformation in Logistics at NOAH London on 30 October. Below you can see some of the ideas shared on the panel

Learn more

Munich-based AI company e-bot7 secures 5,5 Million Euro Series A

info@rtp-global.com | 21.08.19

  • e-bot7 secures 5.5 million euros in financing for further growth by the investors RTP Global (early investor in Yandex, Delivery Hero, SumUp, Urban Sports Club and many more), 42CAP, Main Incubator (early-stage investor of the Commerzbank Group) and a renowned business angel.
  • With complex NLP algorithms, an AI hybrid solution and low implementation costs, e-bot7 is currently one of the most innovative and successful providers of artificial intelligence (AI) in Europe. Only recently, the company was ranked among the Top 10 AI Startups in Forbes magazine.
  • e-bot7 integrates artificial intelligence into existing or CRM systems to increase the efficiency of customer service operations.

RTP Global together with other well-known existing investors, has invested a total of 5,5 million euros in the AI-Startup e-bot7, which was founded in 2016. Other existing investors include 42CAP, the Main Incubator, Commerzbank’s early-stage investor, and a leading private investor.

With the investment round, e-bot7 will further expand its position in the European market. The company will use the funds to further expand its technology and business team to help more customers to make their customer service more efficient through artificial intelligence.

Learn more

Clear Logistics

info@rtp-global.com | 19.06.19

Shipsta Secures Millions in Funding for its Unique
and Revolutionary Digital Logistics Concept
SHIPSTA is unique in delivering a digitisation boost in the logistics industry via
crowdsourcing and artificial intelligence – digitally procuring freight rates has
never been so easy. Well-known investors have recognised this: RTP Global and
MANGROVE CAPITAL PARTNERS are supporting SHIPSTA with a generous
amount in the millions.

Learn more

Dasha.AI Receives $2 mln in Equity Funding to Build Human-level Conversational AI RTP Ventures and RTP Global Lead Investment adding a member to company Board.

info@rtp-global.com | 18.03.19

New York, NY and Novosibirsk, NSB – March 13, 2019 – Dasha.AI Inc., an AI startup dedicated to building human-level voice conversational AI platform, today announced it has completed a $2 million seed round led by RTP Ventures and RTP Global.

“We are delighted to have such experienced in B2B venture capitalists help us build the company,” said Vladislav Chernyshov, CEO and co-founder of Dasha. “We plan to aggressively grow the company and the technology so we can continue to provide the best voice conversational AI to a market which we estimate to exceed $30bln. worldwide”

Learn more

RTP Global expands investment team and commits more capital in India and Southeast Asia

info@rtp-global.com | 15.11.18

RTP Global, the international venture capital investment firm, announces that Kirill Kozhevnikov joins as Partner focusing on India investments, working together with Galina Chifina. As part of its continued expansion in the country, RTP Global plans to invest significant portion of its new global $200M fund into early and mid stage opportunities in India.

Learn more

ru-Net becomes RTP Global

info@rtp-global.com | 30.10.18

London / New York / Moscow: ru-Net, the early stage investment and venture capital firm founded by Leonid Boguslavsky has announced at NOAH 2018 that it is changing its name to RTP Global, to reflect the success of its USA based arm RTP.vc and company’s evolution to a globally focussed venture capital firm.

Learn more