Quest’s investment into BeeX boosted the availability of our Autonomous Vehicles to revolutionise the safety of critical maritime infrastructure globally. Their insights on execution and growth helped us stayed focused and capital efficient.
The maritime industry enables 90% of world trade. The early-stage maritime-tech market, already at USD 100 billion, is poised to triple by 2030.
This is a high CAPEX and high recurring OPEX industry ripe for disruptive innovations as it transitions from an analogue to a digital world.
Over 50% of world shipments are in Asia. 9 out of the top 10 ports are here. China, Japan and South Korea supply more than 90% of new ships every year.
Quest Ventures is an appointed co-investor with SEEDS Capital, a development finance institution of Enterprise Singapore, a statutory agency of the Ministry of Trade and Industry of Singapore.