Maersk Growth is the venture arm of A.P. Moller – Maersk (Maersk). Maersk is an integrated logistics company working to connect and simplify customers’ supply chains. Maersk Growth’s mission is to digitize, democratize, and decarbonize supply chains. Maersk Growth believes that they can accelerate supply chains to go carbon neutral by being a leader in investing in and deploying technology.
Fund Snapshot
- Stage: Seed – Series A
- Check Size: $500K – $5M
- Geography: North America, Europe
- Lead/Follow: Both
About the Fund
Why was Maersk Growth created?
Maersk started its corporate VC, Maersk Growth, in 2017. This was a strategic decision, so Maersk could engage with startups for corporate innovation. Additionally, as the biggest end-to-end logistics company, Maersk Growth sees investing in climate tech as a way to decarbonize supply chains.
What domains in climate tech does Maersk Growth have the greatest expertise in?
Maersk, the parent company, is a supply chain and logistics company. The team has expertise in and invests in pain points the industry faces. This includes asset management, robotics, warehouse automation, and solutions that address decarbonization (e.g. eliminating scope 1,2 and 3 emissions, alternative fuels).
What type of portfolio support does Maersk Growth provide?
Maersk Growth is the interface between Maersk and the industry. There are many advantages that Maersk Growth provides to portfolio companies, besides industry presence, expertise, and insights. They have a dedicated portfolio management team to help startups connect with:
- Resources to scale and/or co-develop technology
- Customers within the network
- Talent
About Investments
How can a startup get investment from Maersk Growth?
We are keen to engage with Founders early on and establish a good mutual understanding of the startup’s solution and our potential value-add. So if you digitize, democratize, and decarbonize supply chains, reach out to our Copenhagen-based team at [email protected] or directly to the Investment Team members.
What is Maersk Growth’s investment process and timeline?
Maersk Growth has a standard diligence process (calls with the team and customers, data room, etc.), both quick and transparent. Being an active investor, the team also connects with relevant business partners within Maersk so that the portfolio management team can hit the ground running immediately after investing.
What would make Maersk Growth consider deviating from its typical criteria?
Maersk Growth is disciplined around its investment mandate as an early-stage investor within the supply chain space. But, at the same time, they can deviate opportunistically, as it makes sense strategically for the business (pain points and opportunity).
About The Author
Daniel currently works at Lawrence Livermore National Laboratory as a Product Manager. Outside of his day job, he is a Principal at C3, Tech Scout at For ClimateTech, and Venture Scout at Prithvi. He also works with various climate incubators/accelerators (Cleantech Open, Techstars, and Joules Accelerator) and runs The Impact and Innovate Climate – both are newsletters covering startups in the climate space.