Announcement

PSA International and Granite Asia Launch US$50 Million Fund to Scale Global Supply Chain Innovation

Oct 1 2026
4-min read

Singapore, 30 September 2026 — PSA International (PSA), a leading global port operator, and Granite Asia, a US$11 billion private capital platform, today announced the launch of the US$50 million G&P Strategic Innovation Fund. This launch comes as rapid advances in AI, robotics and automation create new ways to move goods globally.

Leveraging PSA’s global operating footprint and deep operational expertise, together with Granite Asia’s technology investment experience, the fund is designed to help promising technologies move beyond pilots into practical, scalable adoption across complex trade ecosystems. The fund will co-invest with Granite Asia’s existing funds in technology companies developing solutions for ports, logistics and global supply chains.

The fund forms part of a broader strategic partnership between PSA and GA spanning technology insights, venture engagement, talent development and innovation partnerships. It reinforces PSA’s broader AI strategy and its focus on operational excellence, customer solutions, trusted data foundations, enterprise productivity and sustainable outcomes across its global network of port ecosystems.

Mr Ong Kim Pong, Group CEO of PSA International, said, “Innovation, automation and artificial intelligence are increasingly becoming critical differentiators in global supply chains. Our partnership with Granite Asia reflects PSA’s continued commitment to innovation, strengthening operational excellence at each node and enabling us to connect our port ecosystems more effectively. Together, we will continue to co-create smarter, greener and more resilient ports and supply chains, aligned with PSA’s Node to Network vision to enhance global trade flows.”

Mr Jixun Foo, Senior Managing Partner at Granite Asia, said, “Over the past 26 years, Granite Asia has backed category-defining companies across the globe, building deep expertise in AI, robotics and other frontier technologies. The G&P Strategic Innovation Fund brings together Granite Asia’s technology investment platform with PSA’s global operational scale and supply chain know-how. We see a powerful opportunity to identify and support the next generation of entrepreneurs whose solutions can deliver real-world impact for ports, logistics and global trade.”

ABOUT PSA INTERNATIONAL
PSA International (PSA) is a leading global port operator and orchestrator of supply chain ecosystems, handling more than 105 million TEUs of containers in 2025. Headquartered in Singapore, our portfolio spans 45 countries and includes an integrated network of deepsea, rail and inland terminals, marine services providers, supply chain nodes, and digital platforms. Guided by responsible stewardship, PSA is a trusted partner to customers, stakeholders, and communities, enabling efficient and resilient trade to create sustainable value wherever we operate. Visit us at www.globalpsa.com, or follow us on LinkedIn and Facebook (@globalpsa).

ABOUT GRANITE ASIA
Granite Asia is a leading private capital platform in Asia, partnering with visionary founders and leaders to build industry champions.

With US$11 billion in assets under management and co-managed capital, the firm has invested in 121 companies valued at over US$1 billion and supported 70 IPOs worldwide.

Investing across private equity, private credit, and public capital, Granite Asia combines deep technology expertise with flexible capital solutions to help ambitious companies scale, navigate inflexion points, and unlock long-term value across global markets.