PSA International and Granite Asia launch US$50 million fund for supply chain technology

PSA International and Granite Asia have launched a US$50 million strategic innovation fund focused on technologies for ports, logistics and global supply chains.

The G&P Strategic Innovation Fund will invest alongside Granite Asia’s existing funds in technology companies developing solutions for the movement of goods and the operation of complex trade ecosystems. The initiative comes as artificial intelligence (AI), robotics and automation are increasingly being applied across the global supply chain.

The fund will leverage PSA’s global port operations and industry expertise with Granite Asia’s technology investment capabilities. Its stated focus is to support technologies in moving from pilot projects to wider commercial and operational deployment.

The fund is part of a broader strategic partnership between PSA and Granite Asia covering technology insights, venture engagement, talent development and innovation partnerships.

PSA said the initiative also supports its broader AI strategy, which focuses on operational excellence, customer solutions, trusted data foundations, enterprise productivity and sustainability across its global network of port ecosystems.

What is the G&P Strategic Innovation Fund?

The G&P Strategic Innovation Fund is a US$50 million investment vehicle established by PSA International and Granite Asia to back technology companies developing solutions for ports, logistics and global supply chains.

The fund will co-invest with Granite Asia’s existing investment funds and draw on PSA’s operational footprint to identify technologies that can be applied across port and supply chain environments.

PSA and Granite Asia partnership

The strategic partnership between the two companies extends beyond investment and includes technology insights, engagement with startups and entrepreneurs, talent development and innovation partnerships.

PSA Group CEO Ong Kim Pong said the collaboration would support the application of AI, automation and other technologies across its port ecosystems.

“Innovation, automation and artificial intelligence are increasingly becoming critical differentiators in global supply chains. Our partnership with Granite Asia reflects PSA’s continued commitment to innovation, strengthening operational excellence at each node and enabling us to connect our port ecosystems more effectively. Together, we will continue to co-create smarter, greener and more resilient ports and supply chains, aligned with PSA’s Node to Network vision to enhance global trade flows.”

Granite Asia Senior Managing Partner Jixun Foo said the fund would combine the investment firm’s technology capabilities with PSA’s operational experience in ports and supply chains.

“Over the past 26 years, Granite Asia has backed category-defining companies across the globe, building deep expertise in AI, robotics and other frontier technologies. The G&P Strategic Innovation Fund brings together Granite Asia’s technology investment platform with PSA’s global operational scale and supply chain know-how. We see a powerful opportunity to identify and support the next generation of entrepreneurs whose solutions can deliver real-world impact for ports, logistics and global trade.”

The fund is expected to focus on technologies that can address operational and supply chain challenges while supporting the wider adoption of AI, robotics and automation across global trade infrastructure.