Motion Ventures is making waves. The Singapore-based venture capital firm announced its $100M Motion Ventures Fund II, which aims to help digitize and decarbonize the global maritime supply chain. 

• It’s reportedly the largest maritime-focused fund to date!

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🛳️ More on the fund

Over the next 18 to 24 months, the fund will deploy checks of $250K to $10M into at least 25 companies!

• The focus? Solutions that enhance vessel operations, sustainability, and port modernization.
• The fund will back startups developing more asset-intensive hardware solutions, moving beyond software to innovate the industry. 

Hello, $$$. The firm has already deployed investments in OceanScore, which helps shipping companies stay compliant with maritime regulations, and Fernride, which offers autonomous, electric trucking solutions.

• Oh, and they’ve also invested in Singapore’s Shipskart and Pyxis.

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🌊 About Motion Ventures

Motion Ventures’ first fund launched in 2021 and already made two profitable exits. 

• Oh, and they’ve already made over 30 investments across Fund I and II. The new fund also grows its strategic backing to more than 17 industry corporations.