Marina Hadjipateras-backed venture capital firm TMV is among the latest group of investors to back a Singapore-headquartered maritime procurement start-up.

ShipsKart has just raised $2.7m in Series A funding to help finance an expansion of its global footprint to other countries.

The round was led by TMV and Hermes Offshore, with strategic investments from the likes of Motion Ventures, and Eternia Investments.

“We are pleased to lead this round of financing and partner with the ShipsKart team in order to continue supporting their mission to revolutionise purchasing, efficiency and transparency for the maritime space,” said Hadjipateras.