Helping tugboats, ferries, pilot boats and other coastal vehicles electrify and ride the green wave – that’s what we are going to talk about today. 

Founded in 2022, our guest for today Pyxis is a maritime electrification technology startup that aims to create a more sustainable future at sea by easing mass commercialisation and adoption of electric coastal vehicles.

Supported by leading coastal vessel owners and government agencies, Pyxis accelerates maritime decarbonisation while elevating vessel performance and management. 

For one thing, the firm is focusing on retrofitting existing vessels with full electric propulsion systems including 70 coastal vessels owned by maritime services firm Eng Hup Shipping.

With the Maritime and Port Authority of Singapore mandating all new harbour craft in Singapore waters to operate on low-carbon energy solutions and reduce emissions by 15 per cent from 2021 levels, what opportunities does this present for Pyxis in the longer run? 

Meanwhile, the firm had in February 2024 raised S$4.5 million in a seed funding round led by Motion Ventures and Shift4Good. The round featured participants such as Enterprise SG’s Seeds Capital, MarImpact, Tian San Shipping and LCC Resources.

But what is the strategic value behind this group of investors and how does the maritime startup intend to use the money?

On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Tommy Phun, Founder, Pyxis.

Helping tugboats, ferries, pilot boats and other coastal vehicles electrify and ride the green wave – that’s what we are going to talk about today. 
Founded in 2022, our guest for today Pyxis is a maritime electrification technology startup that aims to create a more sustainable future at sea by easing mass commercialisation and adoption of electric coastal vehicles.
Supported by leading coastal vessel owners and government agencies, Pyxis accelerates maritime decarbonisation while elevating vessel performance and management. 
For one thing, the firm is focusing on retrofitting existing vessels with full electric propulsion systems including 70 coastal vessels owned by maritime services firm Eng Hup Shipping.
With the Maritime and Port Authority of Singapore mandating all new harbour craft in Singapore waters to operate on low-carbon energy solutions and reduce emissions by 15 per cent from 2021 levels, what opportunities does this present for Pyxis in the longer run? 
Meanwhile, the firm had in February 2024 raised S$4.5 million in a seed funding round led by Motion Ventures and Shift4Good. The round featured participants such as Enterprise SG’s Seeds Capital, MarImpact, Tian San Shipping and LCC Resources.
But what is the strategic value behind this group of investors and how does the maritime startup intend to use the money?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Tommy Phun, Founder, Pyxis.

We speak with businesses, industry leaders, venture capitalists and startups on their assessment of the business environment they're in, and what the future holds for them.

We speak with businesses, industry leaders, venture capitalists and startups on their assessment of the business environment they're in, and what the future holds for them.

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