About This Fund
Motion Ventures Fund I is the debut venture capital fund managed by Motion Ventures, the world's leading maritime technology-focused investment firm, founded and led by General Partner Shaun Hon. Launched in 2021, the fund focuses on early-stage technology companies innovating at the intersection of digital transformation and decarbonisation within the global maritime and supply chain industries—a sector responsible for more than 80 per cent of world trade and facing acute pressure to modernise legacy operations and reduce carbon emissions. The fund made its initial close with commitments from prominent maritime industry operators, including Norway's Wilhelmsen Group and Germany's Hamburger Hafen und Logistik (HHLA), establishing a strategic LP base of industry insiders uniquely positioned to support portfolio companies through commercial pilots and customer referrals.
Motion Ventures Fund I deploys seed and early-stage capital into maritime technology startups addressing digitisation, operational efficiency, decarbonisation, and supply chain resilience. The fund's investment universe spans software platforms, data analytics tools, autonomous systems, energy transition technologies, and fintech solutions designed specifically for the complex needs of ship owners, port operators, freight forwarders, and cargo managers. Portfolio companies benefit from the Motion Ventures Alliance, a network of over 80 maritime industry executives who provide mentorship, business development support, and access to global maritime networks that would otherwise take years for early-stage founders to build independently.
Motion Ventures Fund I built a portfolio of more than 30 companies selected from a pipeline of over 8,000 maritime startups evaluated since inception, including category leaders such as Freightify (ocean freight quotation platform), Everimpact (maritime carbon accounting), Expedock (automated freight forwarding documentation), Harbor Lab (port cost intelligence), Limbiq (fleet management), and FrontM (maritime crew connectivity). The fund achieved two profitable exits within its investment period, placing it in the top 10 per cent of all 2021-vintage venture capital funds globally—an outstanding result for a debut fund in a specialist vertical. Motion Ventures Fund II, launched in March 2025 at a $100 million target size, validates the maritime tech investment thesis established by Fund I and represents the largest maritime-focused technology fund ever raised.