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PSA unboXed evolves into PSA Ventures to drive sustainable innovation and growth in global supply chains
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PSA International has unveiled the evolution of PSA unboXed, its innovation and startup accelerator platform, into PSA Ventures, a dedicated venture capital arm and venture builder. This strategic transformation will further solidify PSA’s commitment to driving growth, operational efficiency, and sustainability across global port and supply chain operations.
Building on the strong foundations of PSA unboXed, PSA Ventures will broaden its focus beyond startups. It will commercialise intellectual property developed through collaborations with like-minded organisations and research institutions, while also pursuing traditional venture capital investments.
“As the management of international maritime hubs, transportation infrastructure and networks grows increasingly complex, PSA Ventures will enable us to venture-build with key partners and capitalise on emerging trends,” said Mr. Ong Kim Pong, Group CEO of PSA International. “By collaborating with forward-thinking innovators and investing in transformative solutions, we will continue to co-create smarter, greener, and more resilient ports and supply chains, aligned with PSA’s Node to Network vision.”
PSA Ventures will focus on four core domains:
– Terminal Technology: Next-generation port equipment and automation solutions.
– Green Energy Transition: Investments in green and renewable technologies, new energy vectors, and low/zero-emissions power generation. This includes equity stakes in innovative green power production assets beyond solar and wind, leveraging advanced technologies to optimise Levelised Cost of Energy (LCOE) in challenging regions.
– Supply Chain & Logistics: Solutions that enhance supply chain resilience and value creation for Beneficial Cargo Owners (BCOs) and shippers, including trade advisory tools, cargo flow optimisation, and risk impact management.
– Data & Digital: Digital innovations that drive operational efficiency, enhance data-driven decision-making, and strengthen cyber-security frameworks through agentic AI, digital trust solutions, and emulation testing.
PSA Ventures aims to create long-term value by identifying high-potential opportunities, piloting groundbreaking technologies, and scaling them into transformative solutions for global adoption. By leveraging PSA’s extensive expertise, ecosystem partnerships, and global network, PSA Ventures will catalyse innovation and sustainability within the industry.
Through its venture-building approach, PSA Ventures will actively collaborate with partners to explore innovative business models and technologies, accelerating their journey from proof-of-concept to large-scale commercialisation. This includes pioneering solutions such as solid-state electrical infrastructure, hydrogen and ammonia energy vectors, and advancements in the battery value chain, ensuring meaningful impact in the global transition towards sustainable and efficient supply chains.
January 22, 2025 at 10:55AM