Arviem receives opportunity to explore Silicon Valley

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25.02.2019
Logistics

The supply chain startup, offering solutions for real-time cargo tracking and monitoring, has joined the Supply Chain Innovation program at Plug and Play in Silicon Valley. The 12-week program provides opportunities for collaboration and exploring new market possibilities.

The Plug and Play Accelerator runs diverse industry-tailored programs designed to connect startups to its broad network of corporates and investors during a 12-week program. The accelerator programs run in 23 countries.

To-date, Swiss startups including Vlot, Qumram, Squirro, OneVisage, Sonnect, IMburse, among others have benefited from different Plug and Play programs in Silicon Valley, Paris, Munich and beyond. With the selection of Arviem for the supply chain program, the number of Swiss startups in the program has become broader.

Out of 500 applications, 40 startups received an invitation to attend the batch four selection-week to pitch their company proposal to 20 corporate partners. Only 22 startups from Australia, Brazil, Canada, China, France, Germany, Israel, and Singapore, Switzerland entered the 12-week Supply Chain Innovation program at Plug and Play in Silicon Valley.

Arviem from Baar, Switzerland, offers IoT enabled cargo monitoring and supply chain data-analytics solutions to create transparency in supply chains and eliminates logistics blind spots. The startup achieves this mission by connecting intermodal shipping containers, cargo, vessels, and trailers to a cloud-based data analytics platform. Thanks to this solution, exporters, importers, distributors, and manufacturers of goods can now understand different events in their supply chains with a level of detail that was not possible before.

Like all batch four startups, Arviem will have the opportunity to develop its solution and work with a corporate partner to evaluate pilot projects and investment opportunities. Participating corporates include; AddVentures by SCG, ArcelorMittal, BASF, Braskem, CMA CGM, DHL, Ericsson, ExxonMobil, Geodis, L'Oréal, Lufthansa Cargo, Panalpina, Panasonic, Prologis, PVH Corp., Ryder, Swiss Post, TJX, Union Pacific, USPS, and Yamato Transport.

(RAN)

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