Cargotec joins Rainmaking's Trade & Transport programme

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The Finnish company has become part of an initiative that's aimed at bringing start-ups and corporations together to address the biggest challenges maritime cargo transport and logistics is facing.

The London-headquartered Rainmaking plans to run its Trade & Transport programme for three years with its main venue located in Hamburg. "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," Tero Hottinen, Director Emerging Digital Business, Cargotec, commented on the joining the initiative.

He also said, "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."

"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," Alex Farcet, Partner and Founder of the Rainmaking start-up accelerator, summed up.