Rainmaking launches US$22M fund, to jointly invest in maritime startups with SEEDS Capital

Rainmaking, a corporate innovation and venture development firm and the operator of Startupbootcamp, has launched a SGD30 million (US$22 million) which aims to accelerate startups solving maritime value chain hurdles. Named ‘Motion Ventures’, the consortium-driven investment fund has also announced the first close, with shipping company Wilhelmsen and logistics enterprise HHLA as anchor investors. Motion […] The post Rainmaking launches US$22M fund, to jointly invest in maritime startups with SEEDS Capital appeared first on e27.