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Cargotec joins Rainmaking global maritime startup accelerator programme

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Joining the start-up and innovation bandwagon, Cargotec has announced it is joining the Trade & Transport Impact programme that connects world leading startups and corporations to address the biggest challenges in maritime, cargo transport and logistics.

Cargotec pointed out in a press release, that the programme initiated by Rainmaking is the first programme of its kind in terms of scale and global scope within maritime and logistics.

Scheduled to last three years with its main venue in Hamburg, Cargotec is one of the key partners driving the programme, having touch points throughout the whole cargo flow chain via its business areas Kalmar and MacGregor. Insights, market access and relevant data flow can be gained from this, and they can benefit startups that join the programme.

"The world is changing fast, and the digital disruption is affecting even maritime and logistics industries. In order to keep up with the pace, we want to work together with those who are innovative, nimble and can act fast. Startups are excellent cooperation partners when tackling inefficiencies and white spots along the value network with modern solutions, technologies and business models," said Tero Hottinen, director Emerging Digital Business, Cargotec.

Learn more about smart shipping at Seatrade Maritime Middle East in October 2018

"We have previous experience from activities and ecosystems with different startups. With this programme, we aim to take our efforts to the next level. Together with Rainmaking's world-class experience and capabilities in startup scouting and mentoring, as well as through the collaboration with other industry partners within the programme, we can truly create a joint impact that benefits the future."

Alex Farcet, partner and founder of the Rainmaking startup accelerator said: "Over the years we have built proven models and experience in other industries, and we are now bringing this to maritime, cargo transport and logistics. We are excited to do this with Cargotec, which has a unique position in the global cargo flow chain and needed capabilities and mindset to truly impact the industry change, together with other players in that field."