Participated · Equity · Dec 2025

Pyxis builds and supplies fully electric vessels for maritime operators across Asia, coupling the hardware with Electra™, its proprietary energy and vessel management platform that delivers real-time monitoring, predictive maintenance and fleet-level optimisation. By cutting fuel burn and upkeep, the company promises a lower total cost of ownership while sharply reducing emissions. Demand is growing: Pyxis has already secured 17 confirmed orders for its craft and has deployed two ultra-fast marine charging stations, with additional sites planned alongside local partners. The startup’s near-term roadmap includes scaling production to serve customers in Singapore, Japan and the broader ASEAN region, adding IoT and vehicle-to-grid functions to Electra™, and expanding its charging network. Recent funding, which combines equity and green debt, strengthens its balance sheet and provides working capital for vessel deployment and infrastructure build-out. The company positions itself at the nexus of maritime decarbonisation, digital fleet management and clean-energy infrastructure.

Participated · Equity · Dec 2025

Spanish startup bound4blue designs and manufactures eSAIL®, a thick-profile, suction-assisted rigid sail that provides auxiliary wind propulsion for maritime vessels. Independently verified trials show fuel and emission reductions of 15–20 % on Odfjell’s Bow Olympus, with peaks up to 40 %, and daily fuel savings of up to 5.4 t on the Ville de Bordeaux ro-ro ship. The company has already installed its sails on seven ships and holds orders for twelve more, representing more than 50 eSAIL units. Customers include Maersk Tankers, Eastern Pacific Shipping, Odfjell, Klaveness Combination Carriers and BW Epic Kosan. With parallel production lines planned in Spain and China, bound4blue aims to manufacture several hundred sails annually and projects annual CO₂ savings exceeding 400,000 t by 2027. The newly raised capital positions the firm to transition from technology validation to full industrial scale-up while continuing R&D on additional wind-propulsion solutions.

Led · Equity · Jul 2025

Tilla provides a digital, AI-powered platform that streamlines and optimises the full crew change process by integrating voyage schedules, crew information, port agency data, real-time flight updates, and travel requirements. The platform supports planning, automated flight management, invoice processing, reporting, and integrates with existing crew management systems. Tilla says customers can reduce crew change costs by up to 24% and cut time spent by as much as 40%. Since its 2021 founding, the company has facilitated over 35,000 crew trips, is deployed on more than 500 vessels, and serves clients and users across ten countries, including customers such as Peter Döhle Schiffahrts-KG, Essberger, Stödig Shipmanagement, Wilson, EXMAR, and Seatrade. The company plans to expand into APAC and the Mediterranean, grow its global team, and add new AI-powered planning features and comprehensive financial capabilities.

Participated · Seed · May 2025

Moddule offers supply-chain software that sits on top of any logistics management stack, integrating transportation, freight, warehouse, and e-commerce systems so providers and their customers can track shipments, manage orders, and view global inventory in one place. The Seattle-based startup’s carrier-agnostic approach eliminates data silos and costly inefficiencies for logistics service providers of all sizes. Since September 2024, Moddule’s revenue has expanded 6×, and customers often see contract values rise up to 11× within three to six months of adoption—metrics that highlight strong product-market fit. The founders—CEO Hans Elmegaard, Head of Customer Success Kasper Hansen, and Head of Sales Ben Jones—bring more than 50 years of combined logistics experience to the venture. With fresh capital, the company plans to streamline onboarding, deepen user customization, and embed AI-powered integrations while scaling its customer success and sales functions. These initiatives aim to broaden Moddule’s footprint and solidify its position in the $23 billion supply-chain management market.

Participated · Equity · May 2025

Ceto is a Newcastle-Upon-Tyne, UK-based company that develops predictive analytics for the maritime industry. Its products aim to prevent machinery breakdowns, reduce carbon emissions, and deliver operational risk insights. The firm emphasizes technology, sustainability, and risk mitigation to help maritime professionals meet emerging challenges. Ceto serves a range of shipping customers, including Japanese operators, mid-sized Singapore-based firms, and a UK owner with a fleet of eight vessels. Led by CEO Tony Hildrew, the company intends to use new capital to expand operations and advance product development.