About PIER71
PIER71, an accelerator and incubator program founded in 2018, is based in Singapore, Singapore. With a presence in 17 countries, it has supported around 91 startups in sectors like Enterprise Applications, High Tech. As of Aug 2026, PIER71 has witnessed 7 portfolio exits. Most notable companies in
its portfolio include BP Ventures, ABEJA and Wilhelmsen. The program is backed by a team of 4 people who primarily support Grant (prize money) startups based in Singapore. Its latest investment was a Undisclosed Grant (prize money) round in MAGES Studio on May 25, 2022.
Key Metrics
Founded Year
2018
Location
Singapore, Singapore
Portfolio Companies
Sectors of Investment
Stages of Investment
Grant (prize money)
Locations of Investment
PIER71's List of Top Investments
PIER71 has a portfolio of 91 companies. Their most notable investments include BP Ventures and ABEJA.Their portfolio spans across Singapore, United States, Germany and 14 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 25 other sectors, across stages such as Grant (prize money) stage. Here is the list of top investments by PIER71:1. BP Ventures
Provider of energy products including fuels lubricants and mobility solutions. Operations involve the extraction and production of oil and gas resources. The business manages refining processes to supply various energy commodities. Activities include the development of renewable energy sources such as biogas and biofuels. Infrastructure supports electric vehicle charging and hydrogen production to facilitate energy transition. Trading and supply teams manage the distribution of products to meet consumer requirements.
Key facts about BP Ventures
- Founded Year: 1909
- Location: London (United Kingdom)
- Annual Revenue: £1B+ as on Dec 31, 2023
- Stage: Public
- Employee Count: 93,700 as on Dec 31, 2025
- Investors: Comerica, Greenleaf Trust and 12 Others
- Latest Funding Round: Grant (prize money), May 29, 2025, $*****
- Highlight: Public
2. ABEJA
Provider of digital platforms, AI solutions, and DX support services. The company delivers digital platforms that transform core business processes for sustained revenue growth. It offers software for continuous and stable operation of DX processes. The business also provides retail analytics services based on customer behavior data. Additionally, it supports business implementation of large language models and AI ethics consultation.
Key facts about ABEJA
- Founded Year: 2012
- Location: Minato City (Japan)
- Stage: Public
- Total Funding till date: $45.5M
- Employee Count: 110 as on Jun 30, 2026
- Investors: Salesforce Ventures, Deep Learning and 19 Others
- Latest Funding Round: Series C, Dec 04, 2018, $*****
- Highlight: Public
3. Wilhelmsen
Wilhelmsen is a Norwegian conglomerate providing services for the maritime industry. Through its subsidiaries, the company offers services for maritime shipping & freight forwarding, supply chain management, trucking, ship management, & more, through its own fleet of vessels.
Key facts about Wilhelmsen
- Founded Year: 1861
- Location: Lysaker (Norway)
- Annual Revenue: $1M - $10M as on Dec 31, 2022
- Stage: Public
- Employee Count: 5,497 as on Jun 30, 2026
- Investors: Impact Fund Denmark, Europa and 1 Other
- Latest Funding Round: Grant (prize money), Jan 01, 2023, $*****
- Highlight: Public
4. MightyFly
Offers autonomous drone vehicles providing end to end logistics services. It provides users with a platform to control and manage their fleets as well.
Key facts about MightyFly
- Founded Year: 2019
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $15.1M
- Employee Count: 11 as on Nov 19, 2025
- Investors: Graph Ventures, Draper and 6 Others
- Latest Funding Round: Series A, Feb 25, 2026, $*****
- Highlight: Editors' Pick
Global port operator and supply chain partner to cargo stakeholders. They provide transportation, logistics, supply chain, and storage solutions.
Key facts about PSA International
- Founded Year: 1964
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1B+ as on Dec 31, 2023
- Stage: Funding Raised
- Employee Count: 3,117 as on May 31, 2026
- Investors: Temasek, IFM Investors and 1 Other
PIER71's Year-on-Year Investment Trends
PIER71 has invested in 91 companies over the last 8 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in MAGES Studio.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 7 | 0 | 7 |
2021 | 1 | 0 | 1 |
2020 | 4 | 0 | 4 |
2019 | 0 | 0 | 0 |
2018 | 2 | 0 | 2 |
PIER71's Investments by Stage
PIER71 has made 14 investments in Grant (prize money) stage with an average round size of $10.3K.PIER71's Investments by Sector
PIER71 has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Transportation and Logistics Tech, Aerospace, Maritime and Defense Tech and Environment Tech. Notably, it has invested in 64 Enterprise (B2B) companies, 63 Tech companies, 46 Software companies and at least 22 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Consumer | 6 |
Enterprise Applications | 6 |
Transportation and Logistics Tech | 6 |
Aerospace, Maritime and Defense Tech | 5 |
Environment Tech | 4 |
Others | 23 |
Note: We have considered here, only first round of investments
PIER71's Investments by Geography
PIER71 has made most investments in Singapore (9), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Singapore | 9 |
United States | 2 |
France | 1 |
Germany | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
PIER71's recent investments
PIER71 has not made any investment in 2026 so far.Here are the most recent investments by PIER71:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 25, 2022 | Singapore | Grant (prize money) | 2798 | - | |
May 25, 2022 | Singapore | Grant (prize money) | 2254 | - | |
May 25, 2022 | Singapore | Grant (prize money) | 3443 | - | |
May 25, 2022 | United Kingdom | Grant (prize money) | 7683 | - | |
May 25, 2022 | Singapore | Grant (prize money) | 5101 | - |
IPOs and Publicly Listed companies in PIER71's Portfolio
3 of PIER71's portfolio companies have become public. ABEJA got listed on the Tokyo Stock Exchange (TSE), in Jun 2023 at marketcap of $85.3M and Wilhelmsen got listed on the Euronext Exchange (Euronext).Here are PIER71's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 13, 2023 | - | - | 6352 | |
Jan 02, 1980 | - | - | 1612 | |
Mar 29, 1954 | - | - | 1663 |
Acquired companies in PIER71's Portfolio
4 companies from PIER71's portfolio have been acquired. The most recent acquisition was Spinoff Robotics in Jul 2026 by Nanoveu for $*****.Here are PIER71's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 02, 2026 | - | - | 6057 | |
May 18, 2023 | - | - | 9889 | |
Jan 10, 2023 | - | - | 6307 | |
Mar 29, 2021 | - | - | 7964 |
Team profile of PIER71
PIER71 has a team of 4 members including 2 Principals located in Singapore. PIER71's team does not sit on the board of any company as of now.Co-investors of PIER71
Over the past 8 years, 30 investors have co-invested in PIER71's portfolio companies. This includes funds and angels.
- Invested before PIER71: EIC Fund, Europa and 2 others have invested in rounds before PIER71. There is 1 company where EIC Fund has invested before PIER71 and 1 company where Europa has invested before PIER71.
- Invested after PIER71: A total of 26 investors have invested in PIER71's portfolio after their investments. Top Investors include Energy Market Authority (1 company) and Cap Vista (1 company).
Recent News related to PIER71
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Brazil and Singapore start-up partnership between Cubo Maritime and PIER71PortNews•Jul 15, 2023•PIER71, Cubo
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