Transport and logistics accelerator ZEBOX, founded by CMA CGM in 2018, has announced the launch of a new Asia Pacific hub in Singapore.
With existing innovation hubs in Europe, North America, the Caribbean and West Africa, the ZEBOX portfolio currently spans more than 130 early-stage businesses and has helped raise over $235 million in venture funding to accelerate decarbonisation and operational optimisation in the supply chain industry.
With the support of Enterprise Singapore and the Maritime Port Authority of Singapore (MPA), ZEBOX Asia Pacific aims to identify promising startups in Asia, particularly in Singapore, and match them with corporate partners to work on co-innovation projects locally and across markets in the Asia Pacific region.
Bureau Veritas Marine and Offshore, PSA unboxed (PSA International’s corporate venture capital arm), and ship manager Synergy Marine Group have been named as corporate partners of ZEBOX Asia Pacific, joining CMA CGM and 16 other partner groups working with the accelerator.
“ZEBOX’s goal is to connect the most promising startups with industry leaders looking at innovation as a means of progress and path toward a more sustainable economy. With Asia Pacific being one of the most, if not the most, active region in the world, it simply made sense for ZEBOX to launch in Singapore,” said Gwen Salley, ZEBOX Chief Executive Officer.
“With this regional presence, we’ll have the ability to unite ambitious corporate partners, and connect them with our global ecosystem, thanks to Singapore’s pro-business government, local talents, and vibrant tech support system.”