Maersk Growth
UnclaimedAt a Glance
- Check Size
- $2M – $15M
- Stage
- Seed, Series A
- Sectors
- Enterprise, Climate, SaaS +1
- Founded
- 2017
- HQ
- Copenhagen, Denmark
About Maersk Growth
Maersk Growth is the venture capital arm of A.P. Moller-Maersk, the Danish shipping and logistics giant. Established in 2018, the fund represents Maersk's strategic push to invest in and partner with startups that are transforming the global logistics and supply chain industry. The fund focuses on companies developing solutions for supply chain visibility, sustainability, automation, and digitization of trade processes.
Maersk Growth leverages the parent company's deep industry expertise and global network to provide portfolio companies with unique access to customers, operational insights, and scaling opportunities. The fund typically invests in Series A and later-stage rounds, seeking startups that can benefit from Maersk's logistics infrastructure and customer relationships while also potentially becoming strategic partners or acquisition targets.
Led by experienced venture professionals with logistics and technology backgrounds, Maersk Growth represents the corporate venture capital trend where established industry leaders seek to stay ahead of disruption by investing in innovative startups that could reshape their sectors.
Investment Thesis
“Investing in technologies that enable sustainable and digitized global trade and logistics ecosystems.”
Leadership Team
The arm runs from Copenhagen with a small investment team combining logistics operating backgrounds with venture experience. Peter Votkjaer Jorgensen joined at launch in 2017 and became its most visible partner, leading a large share of the 40-plus investments Maersk Growth made from 2018 onward and taking nine portfolio company board seats plus seven board observer roles before leaving to join portfolio company WasteFuel.
The team's structure reflects a dual mandate. Investment professionals sit alongside people whose job is to broker commercial pilots between portfolio companies and Maersk's own business units, and that channel is the arm's principal offer to management teams. It is also the reason Maersk Growth can win allocation in competitive seed and Series A rounds while writing checks smaller than most dedicated logistics funds.
Firm Type
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
- Maersk Growth was established in 2017 as the corporate venture arm of A.P. Moller-Maersk and invests from the parent company's balance sheet rather than a closed-end fund.
- No fund size or committed-capital figure has been made public.
- Disclosed investment parameters put initial checks between $0.5 million and $5 million, with most landing in the $1 million to $2 million range, at seed and Series A, materially earlier and smaller than a conventional growth vehicle.
- The portfolio reached 44 companies by January 2024 and has grown further since.
- Four holdings have reached unicorn valuations and seven have been acquired, among them the digital freight forwarder Forto, supply-chain optimization company 7bridges and electric-freight operator Einride.
- The mandate has shifted across successive years from general logistics digitization toward decarbonization of transport and shipping, tracking the parent company's own emissions commitments, and the arm now functions as much as a venture-client channel into Maersk business units as a financial investor.
Frequently Asked Questions
What stage does Maersk Growth invest at?
Maersk Growth primarily invests at the Seed, Series A stages. This means they focus on companies that are building their initial product and finding product-market fit.
Where is Maersk Growth located?
Maersk Growth is headquartered in Copenhagen, Denmark. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Maersk Growth focus on?
Maersk Growth focuses on investments in Enterprise, Climate, SaaS, AI. Their portfolio reflects deep expertise and networks within these sectors.
What is Maersk Growth's typical check size?
Maersk Growth's typical investment check size ranges from $2M to $15M. Actual amounts may vary based on the stage, sector, and specific opportunity.
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