Schulte debuts venture capital unit for maritime startups

Schulte debuts venture capital unit for maritime startups

Hamburg’s Schulte Group has launched INNOPORT, a dedicated venture capital unit to identify investment opportunities in the global maritime startup ecosystem.

The INNOPORT team, based in Hamburg, Limassol and Singapore, is headed by Yiannis Sykas, director of strategy and product development at Bernhard Schulte Shipmanagement (BSM).

“At INNOPORT, we want to build bridges and open doors wherever possible. In essence, INNOPORT provides startups with the right network and the right capital, to scale up their business and to bring their ideas into fruition,” said Sykas.

INNOPORT will support high-potential early-stage maritime and logistics startups predominantly in Europe and Asia, with the flexibility to collaborate with startups from all geographic areas.

“INNOPORT was founded to support early-stage ventures, typically pre-revenue companies at the idea or prototype stage. We invest in breakthrough technology and disruptive business models that address a real pain and have the potential to define new standards in their respective industries. We want to see founders, who actively challenge the status quo of how the maritime industry works, to make it better, safer and more efficient,” said Haymon Sinapius, INNOPORT’s investment manager for Asia.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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1 Comment

  1. Avatar
    Capt. Alves
    May 15, 2019 at 7:27 pm

    Surprised by such an article…
    Schulte, ‘Supply Chain Management Staff’, have kept my company out from doing business with the group and from registration as a vendor, even though my company has made the maritime industry works better, safer and more efficient. I have cried foul, I could not find anyone in Schulte so far, who would support what is righteous and ethical, staff use their position for vested interests and filling their own pockets primarily and the company’s interests later…it’s a shame !!