Microsoft and Maritime Giants Launch Digital Venture Studio

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Credits: Matthis Volquardsen/ Pexels

Microsoft is working with shipping groups Hafnia, DNV and Wilhelmsen and with IMC Ventures to create Studio 30 50 to identify new solutions for tackling environmental, sustainability and governance (ESG) challenges, reports Riviera Maritime Media.

They have launched the digital venture studio and opened funding to innovative proposals built by start-ups seeking to improve efficiencies across the whole maritime supply chain.

Studio 30 50

Studio 30 50 will be led by Hafnia head of innovation and change Shanker Pillai and aims to help develop both near-term and long-term solutions for building a sustainable and agile maritime industry of the future.

One of its key targets is reducing emissions significantly from the maritime industry by 2030 and helping the sector meet its aspirations to be net zero by 2050.

Studio 30 50 aims to attract new types of talent to the maritime sector including individual founders and early-stage start-ups with ambitions to solve complex challenges around emissions reduction, social issues and supply chain inefficiencies.

The founders said Studio 30 50’s strength is derived from its partnership and collaboration model. It was incorporated by partners who are committed to providing the space to test, validate and scale eligible concepts within their own organisations and their wider ecosystems.

Hafnia and its Studio 30 50 partners will help start-ups to raise sufficient capital, bridging the product-market fit needs and providing a point of entry for innovations.

Read the full article here.

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Source: Riviera Maritime Media