Announcement of investment in maritime venture capital fund managed by Motion Ventures
IINO Kaiun Kaisha, Ltd. (IINO) announces its investment in the maritime fund managed by Motion Ventures, a Singapore-based maritime venture capital firm.
Based in Singapore, Motion Ventures is the world's leading maritime venture capital fund manager investing across global supply chains, with a focus on the maritime industry.
Leveraging Singapore's geographical advantage as a maritime hub and Motion Ventures' extensive and global network of maritime industry corporate investors, the fund invests in early-stage technology start-ups to catalyse digital and energy transition across the maritime industry.
IINO actively promotes open innovation with start-ups as a solution for addressing challenges in the maritime industry, and through strategic investments in maritime funds, the company strengthens global collaboration with maritime start-ups and companies driving advanced initiatives and considering new projects. This latest investment, the third following last year's investment in overseas maritime venture capital funds, will enable IINO to strengthen business decisions, gather global maritime innovation insights and introduce the most relevant technologies, with the aim of fostering an efficient and sustainable maritime industry.
In its mid-term management plan, "The Adventure to Our Sustainable Future", the Group has identified allocating management resources to growth businesses as one of key strategies.
The company is strengthening its implementation of strategic investments to boost competitiveness and create synergies. Through collaboration with Motion Ventures, IINO aims to promote open innovation by discovering and utilizing advanced start-up technologies to improve operational efficiency, as well as identifying new technologies and new ideas that will strengthen existing businesses and create new ones.
Contact:
Business Strategy Department
Phone +81-3-6273-3067
Inquiry Form: https://www.iino.co.jp/kaiun/english/contact/
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