PSA, Granite Asia launch US$50M fund to scale supply-chain innovation

Global logistics company PSA International and Singapore-based private capital platform Granite Asia have established a US$50 million strategic innovation fund. The purpose of this fund is to invest in technology companies that can help scale supply-chain innovation within ports, logistics, and global supply chains. The focus of the fund is on solutions that can move beyond pilots and achieve practical, scalable deployment within real trade networks.

Supply chains often face fragmentation, particularly in Southeast Asia, where modern mega ports coexist with manual warehouses, paper-heavy customs processes, and uneven digital infrastructure. The launch of this fund aims to address this issue by bringing external innovation closer to the operating floor. PSA International, with its presence in 45 countries and a container volume of over 105 million TEUs in 2025, brings physical infrastructure, operating knowledge, and access to trade flows.

In turn, Granite Asia contributes technology investing experience and a portfolio-building perspective.

The partnership between PSA and Granite Asia ties into PSA's strategic vision of transforming ports from physical nodes to connected platforms in wider supply-chain networks. This shift requires technology at various levels, including forecasting, inland transport, inventory visibility, and emissions tracking. The innovation fund addresses Southeast Asia's importance as a manufacturing and trade hub, where logistics costs remain high due to congestion, fragmented trucking networks, customs friction, and inconsistent warehousing standards.

By investing in technology that can handle complex Southeast Asian supply chains, the fund aims to create solutions with broader applicability in other emerging markets.