ShipsFocus and Quest Ventures Launches Maritime Fund, At Over SGD10M

FinSMEs

ShipsFocus, a maritime-dedicated venture studio, and Quest Ventures, a venture capital firm focused on Asia, launched The Maritime Fund with a first close at just over SGD 10m (USD 7.5m).

Led by Mr. Chua Chye Poh, the Maritime Fund will invest in startups and technologies spanning applications in shipping & operations, maritime services, and port operations & services. These can include transiting shipping into a digital operating system, reducing shipping ESG, GHG emission and regulatory challenges, and deep-tech disruptions ranging from autonomous vehicles to increase in logistics visibility.

The vehicle makes investments at the early Series Seed and Series A stages.

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