PSA International has announced the evolution of its innovation and startup accelerator platform, PSA unboXed, into PSA Ventures. This new venture capital arm and venture builder will focus on driving sustainable innovation and growth across global supply chains.
Building on the foundation of PSA unboXed, PSA Ventures will expand its scope to include:
- Commercializing intellectual property: Developed through collaborations with partners and research institutions.
- Venture capital investments: Investing in promising startups and technologies.
- Venture building: Actively collaborating with partners to develop and scale innovative solutions.
“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 capitalize on emerging trends,” said Mr. Ong Kim Pong, Group CEO of PSA International.
Four Core Focus Areas
PSA Ventures will concentrate 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.
- Supply Chain & Logistics: Solutions that enhance supply chain resilience and value creation for cargo owners and shippers.
- Data & Digital: Digital innovations that drive operational efficiency, enhance data-driven decision-making, and strengthen cybersecurity.
Creating Long-Term Value
PSA Ventures aims to create long-term value by identifying high-potential opportunities, piloting groundbreaking technologies, and scaling them for global adoption. By leveraging PSA’s expertise, ecosystem partnerships, and global network, PSA Ventures will catalyze innovation and sustainability within the industry.
“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,” said Mr. Ong.
Through its venture-building approach, PSA Ventures will actively collaborate with partners to explore innovative business models and technologies. 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.
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