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Mitsui O.S.K. Lines, Ltd. (MOL) established its wholly-owned Corporate Venture Capital Fund (CVC) firm called MOL PLUS (Representative: Takuya Sakamoto; Headquarters: Minato-ku, Tokyo) on 26th April, 2021.

MOL PLUS will make a broad range of investments, mainly in early and middle-stage startup companies around the world, that can reform ocean shipping business models and create new businesses from mid-to-long-term viewpoints.

These investments will be centered on domains that can reform business models in ocean transport and logistics, and other domains relating to the MOL Group's future, such as offshore, environment, ferries, and cruise ships businesses. MOL PLUS aims to generate synergetic effects by combining innovative ideas and technologies from startup companies with MOL Group resources to create new businesses that will PLUS new value to the ocean shipping industry and society.

Please visit their website for further information.