Prologis Ventures is co-anchoring a new $200 million venture fund named TMV Logistics. The fund invests in early-stage companies focused on innovation and safety within the maritime and logistics sectors. Target technologies include robotics, artificial intelligence, and next-generation fuels.
Prologis currently manages more than $235 billion in global assets. This strategic move allows the company to invest in technologies addressing supply chain constraints from ports to warehouses. The partnership provides Prologis with a window into emerging trends that will shape future logistics facilities.
Early-stage venture capital firm TMV will manage the fund. The American Bureau of Shipping (ABS) also backs the initiative. ABS will provide due diligence and product development support for the portfolio companies.