Singapore startups bag S$13.4b funding in first nine months
Figure is 36% up from previous year; deep tech sectors such as agri-food see influx of capital
Singapore
VENTURE investors have poured S$13.4 billion into local startups in the first three quarters of 2019, a 36 per cent jump from the previous year, Enterprise Singapore (ESG) announced in a media release on Thursday.
Excluding Grab's S$6.6 billion Series H funding round, the total figure stands at S$6.8 billion, across over 430 deals. The figures are based on data from ESG and business intelligence services Pitchbook, AVCJ and Crunchbase.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Startups
High Court dismisses bid by co-founder and CTO to liquidate Cake Group
Semiconductor unicorn Silicon Box vows to avoid geopolitical mire
A cheat sheet of startup and tech M&As in South-east Asia
Zilingo ex-CEO’s criminal complaint is retaliation against whistleblowers: source
Gojek and ComfortDelGro Taxi to send untaken rides to each other’s platforms
SG fintech firm Bambu shuts down after missing profit targets, says founder