6 March 2024
Under the Radar: Maritime tech startup Pyxis’ quest to electrify coastal vehicles in ports
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.

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2 August 2023
Mind Your Business: “Tesla” on the sea, a maritime startup’s quest for greener waves
Picture a "Tesla" on the sea.
By that, we meant an EV - electric vessel, that floats on the sea.
As the world takes bold strides towards sustainability, the transportation industry is witnessing a momentous shift towards electric vehicles to combat climate change.
Just as cars are going electric to reduce their carbon footprint, a similar revolution is underway on the open waters.
In this episode of Mind Your Business, Tommy Phun, Founder of Pyxis - a maritime startup that is spearheading the transition from traditional diesel-powered vessels to electric ones, shares more about their quest for greener waves.
Presented by Lynlee Foo and Ryan Huang
This podcast is produced and edited by Anthea Ng (nganthea@sph.com.sg)
Do contact her for topics: C-Suite, SME, Sustainability, Property, Intergenerational Family Business, Industry Outlook, Fintech

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