France’s CMA CGM is scaling up its support for the start-up initiative founded by its chairman Rodolphe Saade.

The liner giant and partners have created Zebox Ventures, an early stage venture-capital fund designed to support promising international start-up projects.

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Seed capital from Zebox Ventures will be used to invest between €50,000 ($55,000) to €250,000 in around 50 start-ups every year.