Introducing the Maritime Singapore Startup Ecosystem Map 2024

Motion Ventures is proud to unveil the Maritime Singapore Startup Ecosystem Map 2024, crafted in partnership with PIER71, and supported by Maritime and Port Authority of Singapore (MPA). This map is a snapshot of Singapore’s vibrant maritime tech startup scene, pinpointing the digital innovation sectors that are propelling the industry forward.

Fig. 1. Singapore’s first Maritime Singapore Startup Ecosystem Map developed by Motion Ventures and PIER71, supported by MPA.

A Representation of Singapore’s Thriving Ecosystem

As the world’s leading maritime city, according to the 2024 Leading Maritime Cities (LMC) report by DNV, Singapore has long been a pivotal port of call, known for its strategic location and world-class facilities. Today, it stands at the forefront of maritime innovation. The newly released ecosystem map organises the thriving local landscape into pivotal sectors such as Smart Ship, Smart Port, GreenTech & Decarbonisation, and Smart Supply Chains, showcasing the diversity and dynamism of our maritime industry. These categories represent the multifaceted approaches that startups in the industry are taking to revolutionise maritime operations. From nascent startups to ventures catalysing change, each venture is pivotal to our shared vision of transforming the maritime landscape.

Among the startups, you will find companies like Vasco and Cyberowl harnessing AI and data analytics to optimise fleet management and ensure vessel security. Companies such as Bigyellowfish and Greywing prioritising technology for the management, safety and training of Crew. Companies like ENT-Vision and Shipskart, reimagining the procurement process and asset tracking with cutting-edge technology, reducing waste and increasing efficiency. With tightened regulatory requirements, the drive for sustainability is championed by the likes of Pyxis and SungreenH2, developing solutions for reduced emissions through their focus on verticals including electrification and alternative fuels, integral to the decarbonisation of the industry.

Disclaimer

It is important to note that the Maritime Singapore Startup Ecosystem Map 2024 showcases a representation of the active maritime landscape in Singapore which is dynamic in nature. While we aim to provide a comprehensive overview of the current local landscape, the map is not intended to be an exhaustive list of every company and category available.

Future Directions

Motion Ventures is setting its sights on further enhancing visibility and access to innovation within the industry, strengthening global industry collaboration. Beyond the map, we are working on exciting initiatives including a comprehensive global database of maritime startups. This ambitious project, which we plan to undertake collaboratively with our ecosystem partners, aims to enhance the visibility of emerging companies and streamline the discovery of maritime technology solutions.

Join Us on This Tide of Transformation

We are excited to contribute to the evolving landscape of maritime technology in Singapore and across the globe, fostering an environment of innovation and collaboration. 

As we share this pivotal launch and announcement of our exciting journey ahead, we extend an invitation to innovators, investors, and industry leaders to join us in nurturing this vibrant ecosystem. If your startup is innovating in the maritime sector and you’d like to be considered for inclusion in our future database or map updates, register your interest here.

For enquiries or to discuss potential collaboration, send us a message at hi@motionventures.io (ATTN: Startup Map).