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VC firm launches $100-mln maritime tech fund « Carbon Pulse

Summary by Carbon Pulse

A Singapore-based venture capital firm has launched a $100-million maritime tech fund, the largest for the sector to date.

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connectedtoindia.com

India and Singapore to explore green digital shipping corridor for global trade - Connected to India News I Singapore l UAE l UK l USA l NRI

India’s green fuel and digital initiatives are set to enter global trade through Singapore’s marine and shipping industry, one of the world’s largest hubs for bunker fuel, supplying over 55 million tonnes annually to internationally operating vessels, according to reports. Representational image. Singapore-flagged container ship ONE OLYMPUS. Photo: sgpc.gov.sg The two nations are exploring a “Green Digital Shipping Corridor” aimed at linking var…

13 days ago

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TechNode Global

Singapore's Motion Ventures launches $100M maritime tech fund

Singapore-based venture capital firm Motion Ventures has unveiled its $100 million second fund (Motion Ventures Fund II), targeting solutions that digitize and decarbonize the global maritime supply chain. The firm said in a statement on Wednesday that over the next 18 to 24 months, the fund aims to deploy cheques of $250,000 to $10 million into at least 25 companies. By design, the new fund can now back startups developing more asset-intensive …

13 days ago

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Industrial News

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Electric Hybrid Marine Technology

€10.2m project to create a working DC electric ship prototype

Twelve partners from eight European countries have come together to launch the €10.2m (US$11m) All-DC-Ships project and create a working prototype ship powered by full DC electrical systems. Prioritizing DC The project is funded by Horizon Europe and kicked off in Brussels. It is intended to advance the electrification of maritime transportation with a fully DC-based architecture, including the secondary network supplying hotel loads. There will…

14 days ago

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Undercurrent News

Singapore investment firm secures $50m for maritime tech fund

The fund will focus on technologies that digitize and decarbonize the global maritime supply chain, which could impact international seafood transportation and logistics

14 days ago

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