TLDR:
Hyosung Ventures, the corporate venture capital arm of Hyosung Group, has decided to invest in Colosseum, a logistics center network solutions provider. Colosseum offers comprehensive solutions including inventory management, transportation, packaging, and logistics consulting. Hyosung Ventures plans to support the growth of small and medium enterprises and develop Hyosung Group and the domestic industry through this investment.
Summary:
Hyosung Ventures, a part of Hyosung Group, is investing in Colosseum, a logistics solution provider specializing in inventory management, transportation, packaging, and consulting. Colosseum’s flagship software, COLO, is designed to meet the complex logistics needs of various businesses. Hyosung Ventures aims to apply COLO in its subsidiaries to optimize logistics processes. This investment is part of Hyosung Ventures’ strategy to support small and medium enterprises and develop the industry. Previous investments by Hyosung Ventures include firms specializing in artificial intelligence and battery technologies.
