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Pier71

Investor

Pier71

Growing Singapore's maritime innovation ecosystem and accelerating ventures.

Singapore

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Roles
Investor
Location
Singapore
Portfolio
1
AboutPortfolioLocation
01

Who they are

About

PIER71 (Port Innovation Ecosystem Reimagined at BLOCK71) is a joint collaboration between the Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore. Established in 2018, its mission is to nurture Singapore's maritime innovation ecosystem. PIER71 designs and delivers programs, such as the Smart Port Challenge, to identify industry challenges and support entrepreneurs from ideation to acceleration. It connects startups with markets, demand drivers, technology solution providers, and a network of investors, fostering the development and deployment of innovative maritime solutions.

Investment profile
Investment thesis
PIER71 aims to bridge industry needs with startup innovation by identifying real-world challenges in the maritime sector and inviting tech startups to develop solutions. They seek solutions in areas such as maritime green technologies, next-generation ports, smart shipping, and digitalisation to accelerate digital transformation within the industry.
Ticket size
Grants up to S$50,000 (direct); facilitates pre-Series A to Series B investments (via partners, e.g., IMC Ventures' $15M for this range).
Sweet spot
Tech startups developing innovative solutions for real-world challenges in maritime green technologies, next-generation ports, smart shipping, and digitalisation. Companies seeking industry validation and connections.
What they add
Direct access to corporates and investors, Mentoring and tailored workshops, Business validation and test-bedding opportunities, Access to markets and demand drivers, Grant funding opportunities, Support for international expansion.
Stages
Ideation · Pre-seed
Geographic focus
Global · including the Netherlands · have participated.
Portfolio companies
225
WebsiteInvestor
02

What they invest in

Portfolio

03

Where to find them

Location

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Address
SingaporeNo exact address

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