The start-up was one of the technology providers for the Land Transport Authority’s (LTA) on-demand public bus trials and is currently working with CDG to extend this shared mobility technology to other bus and taxi service fleets in Singapore and overseas.
SINGAPORE (June 4): ComfortDelGro (CDG) announced that its six-month-old US$100 million corporate venture capital fund ComfortDelGro Ventures has made three strategic investments in transport-related technology start-ups in the areas of on-demand bus technology, fleet management and autonomous vehicle safety testing.
The first is the group’s investment in SWAT, a Singapore-based shared mobility technology company that routes vehicles optimally to offer the highest utilisation rates and service levels.
