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日本海事新聞ニュース Japan Maritime Daily Sep 25, 2023 (Mon)

Israeli venture capital firm theDOCK to launch the third fund, “theDOCK Navigator III”

Mr. Carmeli

　An Israeli venture capital (VC) specializing in shipping, theDOCK, will begin preparations to launc ・・・続きはログインして下さいnext %E3%80%80An+Israeli+venture+capital+%28VC%29+specializing+in+shipping%2C+%3Cb%3EtheDOCK%3C%2Fb%3E%2C+will+begin+preparations+to+launch+its+third+fund%2C+%E2%80%9C%3Cb%3EtheDOCK%3C%2Fb%3E+Navigator+III%E2%80%9D%2C+within+a+year.+Co-founder+Nir+Gartzman+revealed+this+to+this+paper.+The+new+fund+is+expected+to+be+the+first+%E2%80%9Cgrowth+fund%E2%80%9D+%28an+investment+trust+that+primarily+invests+in+companies+selected+based+on+growth+potential%29+for+shipping+startups.+Gartzman+said%2C+%E2%80%9CWe+are+currently+in+the+process+of+building+our+portfolio+with+the+second+fund%2C+but+we+have+already+received+inquiries+from+partner+companies+about+what+will+happen+after+the+second+fund.+We+would+like+to+launch+the+third+fund+in+early+2025.%E2%80%9C+%3Cbr%3E+%3Cbr%3E%E3%80%80A+shipping-focused+VC%2C+%3Cb%3EtheDOCK%3C%2Fb%3E%2C+is+co-founded+by+Hannan+Carmeli+and+Gartzman%2C+two+Israelis+with+experience+as+sailors.+It+launched+the+first+fund+%E2%80%9C%3Cb%3EtheDOCK%3C%2Fb%3E+Navigator+I%E2%80%9D+in+2018+and+invested+in+10+startups+headquartered+in+Israel.+Furthermore%2C+in+2021%2C+it+launched+the+second+fund+%E2%80%9C%3Cb%3EtheDOCK%3C%2Fb%3E+Navigator+II%E2%80%9D+targeting+seeds+before+and+after+starting+a+business%2C+and+Series+A+at+the+start-up+stage.+%3Cbr%3E%E3%80%80Gartzman%E2%80%99s+current+plan+is+that+the+third+fund+will+target+Series+B+and+consider+investments+in+a+total+of+around+%24100+million+in+10+companies+or+so.+The+investment+amount+will+be+significantly+higher+than+the+No.+1+and+No.+2+funds%2C+but+he+explains+that+this+is+because+%E2%80%9Cstartups+in+the+shipping+industry+are+maturing+and+the+amount+of+funding+required+is+increasing.%E2%80%9D+%3Cbr%3E%E3%80%80%E2%96%A0+Focus+on+cooperation+with+Japan+%3Cbr%3E%E3%80%80In+addition+to+Japanese+companies+investing+in+%3Cb%3EtheDOCK%3C%2Fb%3E%E2%80%99s+funds%2C+many+Japanese+companies+also+use+the+services+of+portfolio+companies.+In+addition+to+NYK%2C+ORIX+and+Iino+Lines+also+participated+in+the+second+fund.+%3Cbr%3E%E3%80%80%E2%80%9CWe+value+collaboration+with+Japanese+partners+in+terms+of+reliability+and+stability+of+the+business+ecosystem+and+long-term+thinking%2C%E2%80%9C+said+Gartzman.+%3Cbr%3E%E3%80%80Gartzman+also+explained+the+business+development+of+%3Cb%3EtheDOCK%3C%2Fb%3E%E2%80%99s+portfolio+companies.+The+summary+of+the+speech+is+as+follows.+%3Cbr%3E%E3%80%80%E2%80%9CEnvironment+and+carbon+footprint+are+pressing+issues+for+the+shipping+industry%2C+and+we+have+invested+in+two+companies+in+this+area.+Both+companies+are+working+together+with+Japanese+companies+to+provide+solutions+to+the+Japanese+government%E2%80%99s+decarbonization+efforts.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CGIGABLUE+uses+AI+%28artificial+intelligence%29+to+provide+CDR+%28CO2+removal%29%2C+which+uses+recovered+carbon+as+nutrients+for+plankton+in+the+ocean.+We+are+jointly+investing+in+GIGABLUE+with+GITV%2C+an+Israeli+technology-focused+VC.+GITV%E2%80%99s+funding+comes+from+Japanese+companies.%E2%80%9D+%3Cbr%3E%E3%80%80%E2%80%9CAnother+company+is+OceanScore.+They+are+working+on+measuring+and+verifying+the+actual+physical+carbon+emission+reductions+from+ships+using+different+fuels+through+innovative+technology.+In+particular%2C+from+January+next+year%2C+the+EU-ETS+%28EU+Emissions+Trading+System%29+will+be+introduced+into+the+shipping+sector%2C+so+shipping+companies+entering+EU+%28European+Union%29+waters+will+be+required+to+report+their+annual+CO2+emissions+to+the+EU+for+ships+of+5%2C000+gross+tons+or+more.+We+believe+that+OceanScore+can+provide+new+solutions%2C+and+major+shipping+companies+such+as+MSC%2C+the+world%E2%80%99s+largest+container+shipping+company%2C+have+adopted+its+solutions.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CWAVE+BL%2C+which+provides+electronic+BL+%28bill+of+lading%29%2C+recently+raised+%2415+million+in+Series+B+funding.+The+lead+investor+is+CVC+Reefknot%2C+a+joint+venture+between+Temasek%2C+a+Singapore+government-backed+investment+company%2C+and+Kuehne+and+Nagel%2C+a+major+European+logistics+company.+WAVE+BL+is+working+with+partners+such+as+Ocean+Network+Express+%28ONE%29+to+digitize+BL+and+other+trade+documents.+Bolero%2C+essDOCs%2C+and+WAVE+BL+are+the+leading+platforms+for+electronic+BL%2C+and+in+Japan%2C+the+number+of+companies+participating+in+TradeWaltz+is+expanding%2C+but+WAVE+BL+currently+has+the+largest+processing+volume+for+electronic+BL.%E2%80%9D+%3Cbr%3E%E3%80%80%E2%80%9CIn+terms+of+funding%2C+WAVE+BL+and+Orca+AI+are+the+two+main+players.+Orca+AI%2C+which+provides+autonomous+navigation+systems%2C+has+raised+approximately+%2420+million+in+a+follow-up+to+a+pre-seed+funding+round+by+%3Cb%3EtheDOCK%3C%2Fb%3E.+GIGABLUE+and+others+are+larger+in+scale%2C+but+our+first+fund+invested+in+these+two+companies+from+the+early+stages%2C+and+we+have+made+additional+investments+in+Orca+AI+with+our+second+fund%2C+supporting+their+continued+growth.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CIn+addition%2C+hoopo%2C+which+streamlines+GSE+%28Ground+Support+Equipment%29+management%2C+collaborates+with+Marubeni+and+Swissport+Japan%2C+and+Nissin+uses+FAST%2C+a+digital+forwarding+service%2C+and+Sompo+Japan+uses+AIDOCK%2C+which+uses+AI+for+customs+clearance+operations.%E2%80%9D+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3%81%84%E3%81%8B%E3%81%AA%E3%82%8B%E4%BF%9D%E8%A8%BC%E3%82%82%E3%81%97%E3%81%BE%E3%81%9B%E3%82%93%E3%80%82%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%83%A6%E3%83%BC%E3%82%B6%E3%83%BC%E3%81%AF%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%8C%E3%80%81%E8%87%AA%E5%8B%95%E7%9A%84%E3%81%8B%E3%81%A4%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E6%83%85%E5%A0%B1%E3%82%92%E8%AA%8D%E8%AD%98%E3%83%BB%E5%88%86%E6%9E%90%E3%81%97%E3%81%A6%E7%B5%90%E6%9E%9C%E3%82%92%E5%87%BA%E5%8A%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E4%BD%BF%E7%94%A8%E3%81%97%E3%81%9F%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%A7%E3%81%82%E3%82%8B%E3%81%93%E3%81%A8%E3%82%92%E5%8D%81%E5%88%86%E3%81%AB%E7%90%86%E8%A7%A3%E3%81%97%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E5%88%A9%E7%94%A8%E3%81%99%E3%82%8B%E3%82%82%E3%81%AE%E3%81%A8%E3%81%97%E3%81%BE%E3%81%99%E3%80%82%3Cbr%3E