SG firm launches VC arm with investments in 2 startups

Singapore-based Transport Capital, an investment management firm focused on the maritime and aviation industries, has launched its new venture capital arm TC Ventures.

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As part of the launch, the VC made its first two new investments: an angel investment in Germany-based Turtle, a maritime industry jobs marketplace, and a seed funding in France-based Everimpact, which measures and monetizes carbon emissions.

TC Ventures is targeting firms working on decarbonization and digitalization solutions, with a focus on transportation-related use cases.

“We believe that transportation by sea and air is at a multi-generational inflection point, with the need to decarbonize and digitalize dramatically accelerating,” said Joshua Politis, deputy managing partner of Transport Capital and chief investment officer of TC Ventures.

Established in 2013, Transport Capital provides maritime and aviation players with services such as investment management, financial advisory, and asset brokerage.

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