Maersk
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About Maersk
Industries
Data & Analytics
Automotive & Transportation
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
Copenhagen, Denmark
Founded
1904
Overview
Simplify's Take
What believers are saying
- Maersk's divestment from Höegh Autoliners suggests a strategic fleet expansion.
- New office in Oman and Khazaen Dry Port expand Maersk's Middle East logistics footprint.
- Investment in Kvasir Technologies aligns with carbon-neutral biofuel production trends.
What critics are saying
- Vertoro's lignin-based fuel technology may face scalability challenges.
- Divestment from Höegh Autoliners could create a gap in car carrier services.
- Multiple investments may stretch Maersk's financial resources and focus.
What makes Maersk unique
- Maersk invests in Vertoro for lignin-based marine fuels, advancing decarbonization efforts.
- The 'Al Maha' service enhances supply chain value between the Middle East and Europe.
- Maersk's investment in Huboo supports innovative eCommerce fulfillment solutions.
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Funding
Total Funding
$1.4M
Below
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Employee Assistance Program
Paid Vacation
Flexible Work Hours
Company News
Danish shipping giant Maersk, via Maersk Growth, is investing in Dutch start-up Vertoro to advance its liquid lignin technology for marine fuels. This investment will help Vertoro build a demo plant operational by 2022, producing lignin-based fuels. Maersk sees lignin as a key to decarbonizing shipping, alongside biodiesel, alcohols, and ammonia. This is Maersk's third recent investment in future fuels, following investments in WasteFuel and Prometheus.
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Huboo’s unique ‘micro hub’ warehousing model and best-in-class tech supports online retailers of all sizes across Europe, the US and beyond. Latest round from existing investors – including Ada Ventures and Maersk- brings total investment to £122m. Huboo doubled in size in 2023, while halving costs to mitigate challenging market conditionsHuboo, the full-stack, software-driven eCommerce fulfilment provider, has raised £29 million from existing investors including Ada Ventures and Maersk plus additional support from lenders HSBC and Blackrock on the back of a seventh successive year of strong growth.The new investment will be used to propel Huboo to profitability, market expansion and sustainable long-term growth, and marks a pivotal milestone in Huboo’s journey to becoming the leading eCommerce fulfilment provider in Europe, bringing the total investment to date to £122 million
Maersk has divested its 10.2% stake in Höegh Autoliners, at a time when car carriers are in enormous demand.
Having carefully studied its customers’ requirements arising out of the current market dynamics, Maersk Growth has designed the Al Maha service that will help its customers in driving value out of their supply chains.
Maersk is Hiring for 272 Jobs on Simplify!
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About Maersk
Industries
Data & Analytics
Automotive & Transportation
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
Copenhagen, Denmark
Founded
1904
Maersk is Hiring for 272 Jobs on Simplify!
Find jobs on Simplify and start your career today