Motion Ventures Unveils US$100 Mln Maritime Tech Fund 

KUALA LUMPUR, March 19 (Bernama) -- Motion Ventures, a venture capital fund catalysing digital and energy transitions across global supply chains, has unveiled its US$100 million second fund (Fund II), the largest maritime-focused tech fund to date. (US$1=RM4.44)

“We launched Motion Ventures with the belief that maritime is entering a new era, one where technology, capital, and industry collaboration converge to redefine the sector’s trajectory.

“Fund II goes beyond writing bigger cheques; it is about uniting the right founders, corporate leaders, and strategic allies to accelerate an industry-wide shift, ensuring that solutions can be tested, adopted, and scaled faster than ever before,” said Motion Ventures Founder and General Partner, Shaun Hon.

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Motion Ventures in a statement said over the next 18 to 24 months, Fund II aims to deploy cheques of US$250,000 to US$10 million into at least 25 companies, targeting solutions that digitise and decarbonise the global maritime supply chain.

By design, the new fund can now back startups developing more asset-intensive hardware solutions, recognising that maritime innovation demands solutions beyond software alone, an evolution spurred by growing corporate demand for deeper, faster progress in sustainability, vessel operations, and port modernisation.

To date, Motion Ventures has raised more than half of Fund II’s target with investments already deployed in OceanScore and Fernride.

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These developments cement Motion Ventures position as maritime’s most active investor, having done more than 30 investments across Fund I and Fund II, while expanding its industry consortium to 17 major maritime and supply chain stakeholders across both funds.

Fund II builds on the proven track record of Motion Ventures’ inaugural fund, which was launched in 2021. Motion Ventures Fund I has already generated two profitable exits, placing the firm in the top 10 per cent of 2021 vintage venture capital (VC) funds globally.

Looking ahead, Motion Ventures aims to be the catalyst that transforms global maritime supply chains, now backed by the largest dedicated fund in the sector’s history.

-- BERNAMA