American Bureau of Shipping is partnering with venture capital firm TMV and Prologis Ventures on a new $200 million investment fund focused on maritime and logistics technology.
Announced May 26, TMV Logistics will invest in pre-seed through Series A companies developing technologies for the maritime, industrial and supply chain sectors. According to the firm, investment priorities will include operational AI, industrial autonomy, robotics, energy transition technologies and maritime dual-use systems.
TMV said the fund launches amid growing global investment in maritime infrastructure, shipbuilding and supply chain modernization. The company pointed to increasing federal support for U.S. shipbuilding programs and broader international efforts to expand fleets, modernize shipyards and strengthen logistics networks.
The firm said the fund will target startups developing operationally focused technologies for ports, vessels, intermodal transportation systems and industrial infrastructure.
ABS, the marine classification society and technical advisory organization, and Prologis Ventures, the venture arm of logistics real estate company Prologis, will serve as strategic anchor partners for the fund. TMV said the partnerships are intended to provide portfolio companies with access to maritime expertise, testing environments and pilot deployment opportunities.
TMV, founded in 2016, said the new fund builds on its existing focus on early-stage companies through operational support and industry partnerships.
