Portfolio
Pyxis
Alternative Maritime Propulsion
Location
Singapore
Stage
Seed
Investment Date
January 2024
Sector
At a Glance
Pyxis operates a three-pronged business model, offering purpose-built electric vessels (Pyxis One, R, and L), a smart charging infrastructure network, and Electra—a maritime IOT-enabled ecosystem platform—thereby creating value through integrated hardware and data-driven services that cut emissions and lower operational costs. By streamlining the transition for existing maritime operators with a one-stop electrification solution and leveraging seed funding from industry-focused investors, Pyxis captures value via vessel sales and infrastructure usage fees. Electra’s subscription-based software further monetises real-time insights on route efficiency, predictive maintenance, and energy management, unlocking additional savings and decision-support for fleet owners. Strategic partnerships with port authorities and energy providers amplify adoption, creating network effects that sustain recurring revenue streams as the maritime sector decarbonises.