Singapore-based venture capital firm Motion Ventures has unveiled its $100 million second fund (Motion Ventures Fund II), targeting solutions that digitize and decarbonize the global maritime supply chain.

The firm said in a statement on Wednesday that over the next 18 to 24 months, the fund aims to deploy cheques of $250,000 to $10 million into at least 25 companies.

By design, the new fund can now back startups developing more asset-intensive hardware solutions, recognizing that maritime innovation demands solutions beyond software alone—an evolution spurred by growing corporate demand for deeper, faster progress in sustainability, vessel operations, and port modernization.

To date, Motion Ventures has raised more than half of the new fund’s target with investments already deployed in OceanScore and Fernride.

These developments cement Motion Ventures position as maritime’s most active investor, having done more than 30 investments across Fund I and Fund II, while expanding its industry consortium to 17 major maritime and supply chain stakeholders across both funds—the broadest partnership of its kind.

“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.

According to the statement, the Fund II builds on the proven track record of Motion Ventures’ inaugural fund.

Launched in 2021, Motion Ventures Fund I has already generated two profitable exits, placing the firm in the top 10% of 2021 vintage VC funds globally.

The firm’s broader deal pipeline is underscored by a rigorous investment process, which has seen them evaluate more than 8,000 startups since its inception in 2021.

“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.

⁠Jan Holm, Advisor to Motion Ventures, said the maritime industry is no stranger to complexity, but the challenges it faces now — from lowering emissions to digitizing operations— require a new level of collaboration.

“By pairing ambitious founders with strategic backers, Fund II represents a crucial step forward: bringing together fresh solutions, both digital and hardware-based, and fast-tracking their path to scale. It’s a boost this industry has been waiting for,” he added.

It is noted that this consortium-driven approach is the cornerstone of Motion Ventures’ value creation.

The Motion Ventures Alliance, a network of over 80 seasoned maritime executives, provides portfolio companies with expert mentorship, enterprise access, and swift pilot opportunities.

“Maritime is the backbone of commerce, but it’s time to move faster and bolder, especially when building digital solutions in the compliance space,” said Albrecht Grell, Managing Director of OceanScore.

“The Motion Ventures team get that. Having them on our cap table has fast-tracked our expansion into new markets and helped to unlock access to a strategic network within the shipping community,

“With their support and deep sector expertise, we’re on track to building our global leadership in maritime compliance solutions,” he added.

Looking ahead, Motion Ventures said it aims to be the catalyst that transforms global maritime supply chains, now backed by the largest dedicated fund in the sector’s history.

According to the firm, the maritime digitization market alone is projected to reach $423.4 billion by 2031, and mounting pressure from regulators and customers alike demands faster progress.

Fund II will harness that momentum, uniting startups and industry leaders to deliver cleaner, more efficient operations and, ultimately, shape the future of maritime commerce, said the statement.

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