Enterprise Singapore's Seeds Capital is calling for 10 to 15 "private-sector partners" to co-invest in deep tech startups and plow SG$150 million ($112 million) into these early-stage companies, focusing on three key sectors including health and biomedical sciences.
Latest from Eileen Yu
New Tech.Pass initiative to lure entrepreneurs and technical experts with experience in 'established or fast-growing' tech companies to the lion state is part of the government's efforts to develop a local tech business hub.
Breathonix has developed a breath test that it says can detect COVID-19 infection within a minute and at an accuracy rate of more than 90%, based on clinical trials.
Shell, Chevron, ExxonMobil, and ConocoPhillips have joined hands with Enterprise Singapore in their call for startups to pitch and testbed digital solutions to help resolve challenges in their sector, specifically, around robotics, sustainability, work flow, and asset management.
Singapore-based online property marketplace locks in SG$300 million ($220.65 million) in funds, which it says will go towards beefing up its digital offerings and further drive its expansion plans across key markets such as Vietnam and Malaysia.
Facebook co-founder Eduardo Saverin's VC firm has secured $820 million in its second fund, which it says comes amidst a new digital age where entrepreneurs will be looking for ways to drive connectivity between systems, companies, and people.
Thriving startup ecosystem and string of unicorns in Southeast Asia have helped create a new wave of entrepreneurs who are investing in other startups, offering access to new capital that may not have existed before.
Monetary Authority of Singapore has joined hands with Deloitte and S&P Global Market Intelligence in efforts to build a 'research platform', so investors and financial institutions can access information about fintech startups that they view as prospective investments.
Some SG$60 million in investments have been set aside to nurture early-stage startups in the city-state so they can help drive transformation in the maritime industry.
Offering its cloud services and technology, the Chinese tech giant will establish a new startup incubator programme with the National University of Singapore.