EDBI is proud to have been a supporting partner – curating, judging and participating in different panels and having our portfolio companies shared on how they were transforming communities from healthcare & AI, biotech, decentralised finance, e-commerce, travel, gaming and talent management.
EDBI and SEEDS Capital facilitate and support fundraising of over S$200 million by 25 technology startups through the Special Situation Fund for Startups
2020 was a watershed year for Southeast Asia’s automotive sales. During the pandemic, more people considered buying personal vehicles as a safer option to get around. Concurrently, more consumers were interested in purchasing used vehicles as value-for-money options and doing so through online platforms.
The Startup SG Equity (SSG-E) scheme aims to stimulate private sector investments into innovative and commercially viable Singapore-based technology startups with global market potential. The scheme was enhanced in 2020 to catalyze more private sector investments into Singapore-based Deep Technology startups, and introduced a fund-of-funds modality to attract global venture capital funds with experience in Deep Technology investments.
EDBI, the corporate investment arm of Economic Development Board, and SEEDS Capital, the investment arm of Enterprise Singapore, will administer the S$285 million Special Situation Fund for Startups (SSFS) to provide financing support for promising startups based in Singapore.
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