Motion Ventures, the consortium-driven investment fund powered by Rainmaking, has launched. The fund has a S$30M target and has completed its first close – with Wilhelmsen and HHLA as anchor investors – to accelerate startups solving maritime value chain hurdles with strategic capital and support.
“Motion Ventures is an innovation opportunity that tackles maritime value chain hurdles through a fresh industry consortium. For the first time, first-mover corporations like Wilhelmsen will bring...