Hong Kong and Singapore firms partner to accelerate maritime tech development

Hong Kong based Betatron and YPSN have partnered with Heron Advisory in Singapore to create a new early-stage venture capital investor group and accelerator network focused on the maritime industry.

Betatron is a start-up investment firm and accelerator programme which invests up to US$500,000 into between 15 and 20 start-ups per year. The company runs a four-month acceleration programme based in Hong Kong, which focuses on helping each start-up to raise their next funding round and accelerate their business growth.

YPSN, the Young Professionals In Shipping Network, was founded in 2010 and has built a membership of 1,300 representatives from a range of maritime corporations and international organisations. The network is one of the founders of the Captain’s Table, an initiative to connect start-up entrepreneurs with stakeholders in the maritime and logistics industry.

Heron Advisory is a Singapore headquartered consultancy operating in the ocean technologies space, supporting start-ups, corporates, governments and accelerators looking to drive transformation in the maritime sector.

“With the partnerships’ resources being equally based in Hong Kong and Singapore, we are in a perfect position to help start-ups grow in their target markets and raise venture capital,” the group said.

“Seven out of ten of the world’s largest container ports are located in Hong Kong/Mainland China whilst the port of Singapore is the world’s top transshipment port and the second busiest port globally.”

Share this story

About the Author

Picture of Rob O'Dwyer
Rob O'Dwyer

Rob is Chief Network Officer and one of the founders of Smart Maritime Network. He also serves as Chairman of the Smart Maritime Council. Rob has worked in the maritime technology sector since 2005, managing editorial for a range of leading publications in the transport and logistics sector. Get in touch by email by clicking here, or on LinkedIn by clicking here.

Further Reading

News Archive