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HAKOVO Selected by PSA International’s Corporate Venture Capital Arm as the First Participant in the Innovative Supply Chain Solution Incubator Program

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Equity exchange, network and mentorship support will provide HAKOVO a springboard to develop its service for global markets.

HAKOVO PTE. LTD. (HAKOVO) has been selected by PSA unboXed for its incubator program. PSA unboXed will invest in and nurture HAKOVO by providing funding, mentorship, network and workspace to the company.

“The equity exchange and strategic partnership between us is a key milestone. More importantly, it will be great exposure for HAKOVO Ecosystem in Singapore and ASEAN at this initial stage. With PSA unboXed’s support and network, we can fast-track our eventual goal to expand to the other Asia Pacific and global markets,” said Takayuki Akahodani, Founder and CEO at HAKOVO.

Through PSA unboXed, HAKOVO has access to PSA’s expertise and network to develop and test-bed the HAKOVO Ecosystem at PSA’s flagship operations in Singapore – one of the world’s largest hub centers for container movement. HAKOVO will also have the opportunity to springboard to the global maritime supply chain, alongside PSA International’s network of terminals worldwide.

Elton Fong, Team Lead of PSA unboXed, said, “HAKOVO’s value proposition is to offer customers competitive freight prices via quotations and comparisons, freight aggregation, as well as other features that will be shared once HAKOVO goes live. The digital platform is easy to use, and customers – especially SMEs – will reap the benefits of using HAKOVO as it helps to save time, cost and resources.”

For more information about HAKOVO, please visit us at www.hakovo.com.

About PSA unboXed:

PSA unboXed is PSA International’s corporate venture capital arm. The company invests in and nurtures start-ups with innovations that bring strategic value to PSA and the supply chain industry. It aims to create new value for PSA’s stakeholders, by exploring new opportunities through the collaborative integration of LogTech with trade and FinTech (financial technology) solutions. PSA unboXed desires to increase port productivity and enhance the integration, security, and efficiencies of global supply chain logistics. https://unboxed.globalpsa.com/

About PSA International:

As one of the leading global port groups, PSA participates in around 40 terminals in 16 countries across Asia, Europe and the Americas with flagship operations in PSA Singapore Terminals and PSA Antwerp. PSA strives to continue growing its port network alongside its shipping line customers and become the preferred partner to port stakeholders across the world. Employing the finest talents in the industry, PSA delivers reliable and best-in-class service to its customers and develops win-win relationships with its partners. As the port operator of choice in the world’s gateway hubs, PSA is “The World’s Port of Call”. www.globalpsa.com