Building upon the success of the inaugural fund launched in 2021, Motion Ventures Fund II aims to deploy investments ranging from USD 250,000 to USD 10,000,000 into at least 25 companies over the next 18-24 months. The fund targets innovative solutions that digitise and decarbonise the maritime sector, recognising the necessity for both software and hardware advancements to meet the industry’s evolving demands.
“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. In recent years, we’ve seen digitalisation and decarbonisation shift from ideas to industry imperatives. Fund II goes beyond writing bigger checks; it’s 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.”, says Shaun Hon, Founder and General Partner of Motion Ventures.
Wilhelmsen’s continued involvement as a partner in this consortium-driven approach provides startups with access to industry expertise, resources, and potential pilot opportunities. This collaborative framework ensures that emerging solutions are not only developed but also effectively integrated and scaled within the maritime ecosystem.
Reflecting on the journey with Motion Ventures, Nakul Malhotra, Vice President – Emerging Opportunities Portfolio at Wilhelmsen Group, said:
“Being part of Motion Ventures’ journey from a concept into one of the most active maritime investors has been remarkable. We value industry collaboration and are impressed to see the dedication and focus they bring to the early-stage venture capital space for an industry that is hungry for innovative solutions with robust value propositions. With Fund II, they’re scaling that impact even further, and we’re proud to remain a partner on this journey.”
Wilhelmsen’s continued collaboration with Motion Ventures aligns seamlessly with the vision of shaping the maritime industry. By fostering innovation and supporting transformative technologies, Wilhelmsen addresses the critical challenges facing the maritime industry, from enhancing operational efficiency to achieving material ESG goals.
Empowering startups and driving systemic change within the maritime value chain remains a priority for Wilhelmsen, reinforcing the company’s position at the forefront of industry innovation.
Source:
Building upon the success of the inaugural fund launched in 2021, Motion Ventures Fund II aims to deploy investments ranging from USD 250,000 to USD 10,000,000 into at least 25 companies over the next 18-24 months. The fund targets innovative solutions that digitise and decarbonise the maritime sector, recognising the necessity for both software and hardware advancements to meet the industry’s evolving demands.
“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. In recent years, we’ve seen digitalisation and decarbonisation shift from ideas to industry imperatives. Fund II goes beyond writing bigger checks; it’s 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.”, says Shaun Hon, Founder and General Partner of Motion Ventures.
Wilhelmsen’s continued involvement as a partner in this consortium-driven approach provides startups with access to industry expertise, resources, and potential pilot opportunities. This collaborative framework ensures that emerging solutions are not only developed but also effectively integrated and scaled within the maritime ecosystem.
Reflecting on the journey with Motion Ventures, Nakul Malhotra, Vice President – Emerging Opportunities Portfolio at Wilhelmsen Group, said:
“Being part of Motion Ventures’ journey from a concept into one of the most active maritime investors has been remarkable. We value industry collaboration and are impressed to see the dedication and focus they bring to the early-stage venture capital space for an industry that is hungry for innovative solutions with robust value propositions. With Fund II, they’re scaling that impact even further, and we’re proud to remain a partner on this journey.”
Wilhelmsen’s continued collaboration with Motion Ventures aligns seamlessly with the vision of shaping the maritime industry. By fostering innovation and supporting transformative technologies, Wilhelmsen addresses the critical challenges facing the maritime industry, from enhancing operational efficiency to achieving material ESG goals.
Empowering startups and driving systemic change within the maritime value chain remains a priority for Wilhelmsen, reinforcing the company’s position at the forefront of industry innovation.
Source: Wilhelmsen
