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Rainmaking will raise upwards of USD 30 million for maritime startups

Wilhelmsen and the Port of Hamburg have invested in a new fund established by startup incubator Rainmaking. The goal is to raise a total of USD 30 million for maritime startups, which can help resolve challenges in the supply chain.

Photo: Michael Lindner/Port of Hamburg Marketing

Startup incubator Rainmaking is ready with yet another initiative tasked with accelerating the development of maritime startups. This happens with a new investment fund named Motion Ventures, which aims to raise USD 30 million.

The fund has so far completed its first investment round, and here Wilhelmsen and the Port of Hamburg came on bard as "anchor investors," says Rainmaking in a press release.

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