The $100 million second fund (Motion Ventures Fund II), which focuses on solutions that digitize and decarbonize the global maritime supply chain, was announced by Singapore-based venture capital firm Motion Ventures.
According to a statement released by the firm on Wednesday, the fund intends to invest $250,000 to $10 million in at least 25 businesses over the course of the next 18 to 24 months.
Since maritime innovation necessitates solutions beyond software alone, the new fund can now support startups creating more asset-intensive hardware solutions. This development is a result of growing corporate demand for faster and deeper advancements in sustainability, vessel operations, and port modernization.
With investments already made in Fernride and OceanScore, Motion Ventures has raised more than half of the new fund’s goal to date.
With more than 30 investments across Fund I and Fund II and the expansion of its industry consortium to 17 significant maritime and supply chain stakeholders across both funds—the broadest partnership of its kind—these developments solidify Motion Ventures’ position as the maritime industry’s most active investor.
“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 digitalization and decarbonization shift from ideas to industry imperatives,” said Shaun Hon, Founder and General Partner of Motion Ventures.
“The 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,” he added.
The statement claims that the Fund II expands upon Motion Ventures’ first fund’s successful performance.
Motion Ventures Fund I was established in 2021 and has already produced two successful exits, ranking the company among the top 10% of 2021 vintage VC funds worldwide.
Since its founding in 2021, the firm has evaluated over 8,000 startups, demonstrating its rigorous investment process and wider deal pipeline.
“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,” said Nakul Malhotra, Vice President – Emerging Opportunities Portfolio at Wilhelmsen Group.
“With Fund II, they’re scaling that impact even further, and we’re proud to remain a cornerstone partner on this journey,” he added.
