PSA International, a Singapore-headquartered port operator, and Granite Asia, an Asia-focused private capital firm, said on September 30 they launched the US$50 million G&P Strategic Innovation Fund.

The fund will invest in technology companies building solutions for ports, logistics, and global supply chains. The companies said the fund will co-invest alongside Granite Asia’s existing funds.

PSA International and Granite Asia said their partnership also covers technology insights, venture engagement, talent development, and innovation partnerships. PSA said the fund also supports its AI strategy.

The companies said they launched the fund as advances in AI, robotics, and automation create new ways to move goods globally.

Public materials reviewed do not clearly show comparable startup funds run directly by port operators, though structured maritime-tech co-investment activity exists elsewhere.

🔗 Source: PSA International Pte Ltd