Japanese finance group ORIX Corporation had reached an agreement to make an investment in Navigator II, a fund managed by Israeli venture capital firm theDOCK that is focused on maritime innovation.
Navigator II invests in and supports startup companies developing technologies which address the fields of shipping, ports, and supply chain.
Since inception, the fund has already made several investments, among them Hoopo, Conbo.ai, Harbor Lab, DockTech, Wisor and Gigaton.
“We are excited to join theDOCK’s second fund,” said Ryujiro Tokuma, Executive Officer at ORIX.
“theDOCK has a strong track record of identifying and investing in innovative companies that are driving the digital transformation of the maritime and supply chain industry. We believe that this investment aligns with ORIX Group’s sustainability efforts and commitment.”
