NYK invests in The Dock Navigator II fund

Press release: the Japanese-based shipping and logistics leader, and Israeli-based theDOCK venture capital announced today NYK’s strategic investment in theDOCK’s Navigator II fund supporting innovative technologies revolutionizing the ports, maritime and supply chain sectors. As Limited Partner in the thematic maritime-tech fund, NYK will benefit from theDOCK’s scouting and screening activities as well as partner with select portfolio companies.

 

NYK has been recognized throughout the years for its drive for digital innovation. Many of NYK’s initiatives were pivotal to the advance of technologies such as autonomous shipping, seafarers’ well-being and others.

 

theDOCK, a global ports, shipping and logistics venture capital fund based in Israel, invests in creative Israeli and global startups and then connects them with worldwide leading maritime and logistics corporations. By matching innovative technology solutions with challenges and needs of its corporate partners, theDOCK’s eco-system serves as a major catalyst of optimal, safe and clean operations. Along with other strategic investors, NYK and theDOCK plan to leverage their unique assets in order to benefit the sector as a whole.

 

The cooperation will include special focus of NYK towards the Israeli innovation ecosystem leveraging emerging relevant technologies the startup nation has to offer.

 

“We highly value this partnership with theDOCK.” says Tomoyuki Koyama, Senior Managing Executive Officer at NYK. “NYK will take our ESG management to the next stage through the DX (Digital Transformation) capabilities enhanced with this partnership.”

 

“We are honored to announce this partnership with a leader such as NYK,” says Hannan Carmeli, Managing Partner at theDOCK. “Through our cooperation over the last few years we learnt to appreciate the level of excellence and drive towards innovation demonstrated by NYK. We are determined to see the announced relations bring significant value to the global maritime and logistics sectors”.

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