Motion Ventures is a S$30m consortium-driven venture capital fund that makes strategic investments and offers tailored support to early-stage startups tackling challenges in the maritime value chain. The fund’s structure offers startups unprecedented access to key maritime firms through the consortium of corporate investors, while anchor investors can participate in investment evaluations in a de-risked manner.

Anchor investors include Wilhelmsen, a 160 years old global maritime conglomerate that serves more than 50% of the world’s merchant fleet; and HHLA, a 140 years old company that is one of the largest port logistics operators in Europe. Motion Ventures is a venture partner for the Maritime and Port Authority of Singapore and NUS Enterprise’s PIER71 program, and is also backed by SEEDs Capital, the investment arm of Enterprise Singapore.