Singapore’s TC Ventures invests in German, French startups

Transport Capital, a globally-recognised investment management and advisory firm focused on the maritime and aviation industries, has launched its new venture capital arm named TC Ventures.

Based in Singapore, TC Ventures will focus on startups offering compelling solutions for transportation’s two mega challenges: decarbonisation and digitalisation. TC Ventures not only provides capital but makes a deep understanding of – and contact network in – maritime and aviation available to its investee companies.

Joshua Politis, Deputy Managing Partner of Transport Capital and Chief Investment Officer of TC Ventures, commented: “We believe that transportation by sea and air is at a multi-generational inflection point, with the need to decarbonise and digitalise dramatically accelerating. We have a deep commitment to sustainability, and through TC Ventures we want to take a more active role in shaping the industries we serve.”

In conjunction with the launch, TC Ventures announces its first two partnerships: an angel investment in Turtle in late 2021 and a seed investment in Everimpact in early 2022.

Germany-based Turtle (www.go-turtle.com) is building the leading digital job marketplace for the maritime industry. Founded by Isabelle Rickmers, the company’s mission is to enable data driven recruitment decisions at global scale and to provide seafarers with a safe home.

On the other hand, France-based Everimpact (www.everimpact.com), which is led by Mathieu Carlier, is on a mission to help fight the climate crisis by measuring carbon emissions to finance climate actions. The company has created an end-to-end digital platform integrating satellite and sensor data together with verification and certification processes to enable the monetisation of emissions reductions.

TC Ventures invites founders around the world who are seeking to disrupt and reimagine the maritime and aviation industries to connect.

Established in 2013, Transport Capital is an investment management and financial advisory company focused on maritime and aviation. Headquartered in Singapore, Transport Capital’s core expertise is in Real Assets and Private Capital Markets.