ComfortDelGro makes foray into high-tech ventures

SINGAPORE - Transport giant ComfortDelGro Corp, through its six-month-old US$100 million corporate venture capital fund ComfortDelGro Ventures, has made three strategic investments in transport-related technology start-ups.

Part of the Goldbell engineering and transport group, Swat is working with ComfortDelGro to extend this shared mobility technology to other bus and taxi service fleets in Singapore and overseas. The Singapore-based company helps match trucking-job demand with supply, helping trucking companies save time and resources"whilst improving visibility and reliability for end-customers".

The third investment is in an Israel-based autonomous vehicle safety testing and compliance technology company called Foretellix.

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