Schulte Launches Venture Capital Arm for Maritime Startups

InnoportImage Courtesy: Bernhard Schulte Shipmanagement

Germany’s Schulte Group has launched Innoport, a dedicated venture capital unit, in an effort to invest in maritime startups.

The new unit will operate from Hamburg, Limassol and Singapore.

As informed, Innoport will support high-potential early-stage maritime and logistics startups predominantly in Europe and Asia, with the flexibility to collaborate with startups from all geographic areas.

“At Innoport, we want to build bridges and open doors wherever possible. In essence, Innoport provides startups with the right network and the right capital, to scale up their business and to bring their ideas into fruition,” Yiannis Sykas, Director of Strategy and Product Development at Bernhard Schulte Shipmanagement (BSM), commented.

Potential pilot projects within BSM, sales-partnerships and technical cooperations are some of the options in which the Innoport team acts as a sparring partner for the startups.

“Innoport was founded to support early-stage ventures, typically pre-revenue companies at the idea or prototype stage. We invest in breakthrough technology and disruptive business models that address a real pain and have the potential to define new standards in their respective industries,” Haymon Sinapius, Innoport’s Investment Manager for Asia, said.

“We want to see founders, who actively challenge the status quo of how the maritime industry works, to make it better, safer and more efficient,” Sinapius added.

Speaking about how Innoport differentiates itself from other venture capitalists, Niklas Koerner, Innoport’s Investment Manager for Europe, explained:

“Typically, venture capital funds operate on a broader investment remit and they often lack intimate knowledge of the industries.”

“At Innoport, we see ourselves as a provider of capital with industry domain knowledge coupled with access to the right people within our organisation and our network to support the portfolio companies we invest in.”

Ship owner and manager Schulte Group owns 90 and manages over 600 vessels globally.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >