PSA International, Granite Asia launch $50M supply-chain tech fund

What's the deal? PSA InternationalDealroom has a profile for this one. Try Dealroom → and Granite AsiaDealroom has a profile for this one. Try Dealroom → have launched a $50 million corporate fund to invest in technology companies building solutions for ports, logistics, and global supply chains. Granite Asia will manage the fund, which will co-invest alongside its existing funds.

Why now? The companies said they launched the fund as advances in AI, robotics, and automation create new ways to move goods globally. PSA said the fund also supports its AI strategy.

What's the endgame? The partnership extends beyond capital. It also covers technology insights, venture engagement, talent development, and innovation partnerships.

The signal: Public materials reviewed do not clearly show comparable startup funds run directly by port operators, though structured maritime-tech co-investment activity exists elsewhere. The move positions PSA to tap emerging supply-chain technology as the sector adapts to automation.

Read more: techinasia.com

Image credit: reconasia