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PIER71™ Smart Port Challenge 2025 expands global reach

Newsflash Asia

- June 10, 2025

The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise have launched the ninth edition of the PIER71™ Smart Port Challenge (SPC) 2025, inviting startups worldwide to develop innovative solutions for the maritime industry. The launch took place at Echelon 2025, Asia’s leading tech and startup conference, with participation from over 200 international startups, venture capitalists, and maritime partners.

To enhance its global outreach, PIER71™ will host 15 roadshows across 13 cities, including new locations such as Los Angeles, Boston, Germany, and the UK. The challenge features 15 problem statements across four focus areas: Maritime Green Technologies, Smart Shipping, Next-Generation Ports, and Digitalisation. Shortlisted startups will join a 10-week SPC Accelerate programme, offering targeted mentorship and market validation opportunities.

Since its inception in 2018, PIER71™ has supported nearly 150 startups, raising over $95 million (S$130 million) in venture capital. In 2025, four alumni secured a combined $25 million (S$34 million) in funding, with Seadronix raising $11 million (S$15 million) in Series B funding for its AI-powered ship navigation technology.

MPA Chief Executive Teo Eng Dih emphasised the challenge’s role in advancing maritime innovations, whilst NUS Senior Vice President Tan Sian Wee highlighted the importance of global connectivity in maritime innovation. Startups can submit proposals by 11 July 2025, with top participants eligible for MPA’s Maritime Innovation and Technology Fund and cash prizes at the SPC2025 Great Circle finals in November.
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This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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