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Rainmaking launches Motion Ventures to boost innovation in the maritime industry From left to right: Rainmaking co-founder Michael Pomerleau, Rainmaking director Shaun Hon and Wilhelmsen vice president of open innovation Nakul Malhotra. Image Credits: Rainmaking A new fund has launched, with backing from the Singaporean government, to support tech innovation for the maritime industry. Called Motion Ventures, it is targeting $30 million SGD (about $22.8 million USD) and has completed its first close, with Wilhelmsen, one of the world’s largest maritime networks, and logistics company HHLA as...

**[FREE eBOOKs] Have You Downloaded Marine Insight's 12 FREE Maritime eBooks?        Click Here To Download Now You are here: Home › Shipping News › Wilhelmsen And HHLA Anchors S$30M Fund For Innovations Tackling Maritime Value Chain Challenges Wilhelmsen And HHLA Anchors S$30M Fund For Innovations Tackling Maritime Value Chain Challenges February 25, 2021 TwitterFacebookLinkedInPinterestBuffer 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 anc...

Wilhelmsen, HHLA invest in maritime-focused startups February 25, 2021, by Naida Hakirevic Motion Ventures, a consortium-driven investment fund powered by Rainmaking, was launched on 25 February 2021, attracting investments from Norway’s maritime industry group Wilhelmsen and Germany’s port and terminal operator Hamburger Hafen und Logistik AG (HHLA). The fund has a S$30 million (about $22.7 million) target and has completed its first close – with Wilhelmsen and HHLA as anchor investors – to accelerate startups solving maritime value chai...

Feb 18 2021 Marking a significant step forward in seafarer welfare, a group of established maritime entities have joined forces to build a digital platform aimed at improving the emotional well-being of the world’s 1.7 million seafarers. Launched yesterday, the Safebridge CrewCare app – jointly developed by volunteer group Container Shipping Supporting Seafarers (CSSS), maritime EdTech company Safebridge, data analytics company Motion Ventures, and the Universities of Manchester and Plymouth – encourages seafarers to open up about their feelings and thought...

InMotion invests in Circulor to help Jaguar Land Rover trace a sustainable supply chain 15th Dec 2020    |    Source: Jaguar Land Rover Africa InMotion, Jaguar Land Rover’s venture capital and mobility services arm, has invested in blockchain technology firm Circulor Blockchain technology can trace valuable raw materials from origin to supplier Circulor uses combination of GPS, biometrics and QR codes to verify supply chain Investment will help Jaguar Land Rover source premium materials with greater transparency InMotion, Jaguar Land Rover’s venture capital and mob...