- Does manage US$ 110 mil over the next 3 times for serious tech startups
- Today has 52 co-investors supporting business development with expertise &, funding
SEEDS Capital ( SEEDS ), the investment arm of Enterprise Singapore ( EnterpriseSG), has appointed 20 new local and global partners to co-invest in innovative Singapore-based deep tech startups under the Startup SG Equity scheme. SEEDS will allocate US$ 110 million ( RM668 million ) over the next three years, aiming to catalyse an additional US$ 219.5 million ( RM977.5 million ) through private sector partnerships in areas such as advanced manufacturing, pharmbio/medtech, agrifood tech, sustainability ( including energy, circular economy, urban mobility, and water ), spacetech, and quantum tech.
]RM1 = US$ 0.22]
With these innovative appointments, SEEDS today has 52 co-investors offering complex and domain expertise, professional knowledge, global networks, and early-growth investment capabilities to enable startups level properly.
enabling companies ‘ international goals through global network
According to EnterpriseSG, new partners such as East Ventures ( Indonesia ), Global Brain ( Japan ), HIVEN ( South Korea ), Paspalis Capital ( Australia ), and Valuence Ventures ( USA/South Korea ) will provide resources and networks to help startups expand into new markets for customer acquisition or supply chain diversification. For instance, Paspalis ‘ solid presence in Australia’s Northern Territory has enabled SEEDS ‘ spacetech investee Equatorial Space Systems to test-bed its options. In addition, East Ventures ‘ systems in Indonesia have assisted AMILI in expanding operations there and helped Mesh Bio secure its first Indonesian client.
” Expanding into Japan presents problems such as social distinctions, communication obstacles, and sophisticated corporate environments. Some startups in Singapore struggle to understand Japan’s complex decision-making procedures and direct communication methods. We assist our investment companies in localizing their strategies and developing their value propositions for the Asian market, according to Global Brain partner Tatsuya Matsumoto.
” We also guide them in relationship-building and integrating their answers into the broader strategic objectives of Chinese corporates, ensuring smoother market access and long-term partnerships”, he added.
Driving progress through specialized knowledge
The new sessions even include local investors familiar with Singapore’s business environment, who can guide startups on rules and weighting. These resources will promote the implementation of native investment and the development of the ecosystem. Significant owners include Vickers Venture Partners, iGlobe Associates, K3 Ventures, Antares Ventures, Monk’s Hill Ventures, and Tin Men Capital.
” While Singapore’s deep software environment is still maturing compared to more established business ecosystems, it has reached a critical tone level, thanks largely to various government initiatives”, said Arun Pai, main at Monk’s Hill Ventures.
” Previously, we made selective deep tech investments, but our current pipeline includes a significantly higher proportion of deep tech startups. These founders are targeting diverse areas such as material science in agritech, advanced robotics, AI for healthcare diagnostics, and next-generation semiconductor technologies across Southeast Asia”, he added.
Deep tech startups need a lot of support because their development cycles for technology and products are long, as well as the need for significant capital at the growth stage, particularly for production lines, industrial scaling, or clinical trials. New partner funds such as healthcare VCs Kurma Partners, 22Health Ventures, and Trinity Innovation Biosciences Singapore, sustainability VCs Eurazeo and Shift4Good, and hard tech VCs Xora, Matter Venture Partners, and ST Engineering Ventures bring industry and technical expertise to support these startups effectively.
Julien Mialaret, operating partner, and Ernest Xue, director of Eurazeo, commented:” In 2025, we expect investment activity to accelerate due to the maturity of key technologies and their increasing economic viability, driving broader adoption. Investment momentum will be further fueled by efforts in Europe and Asia to support green technologies and low-carbon economies. Our main goal is to assist founders in successfully scaling solutions across their target markets.
Strengthening Singapore’s deep tech ecosystem
” We are pleased to see strong interest from the venture capital community, from well-established Singapore-based funds to international funds with deep expertise in backing deep tech leaders, as well as corporate venture funds looking to support startups with synergistic technologies and business models,” said SEEDS Capital Chairman Cindy Khoo.
Singapore’s startup ecosystem is underpinned by a strong core of deep tech startups, and SEEDS will continue to do so. We look forward to working with our new co-investment partners to develop and scale the next generation of innovative, impactful technologies”, she added.
To date, nearly US$ 2.2 billion has been invested in over 330 startups under the Startup SG Equity scheme. To further support early to early-growth stage deep tech startups, SEEDS has also raised its co-investment cap from US$ 5.8 million to US$ 8.9 million per startup.
Learn more about SEEDS Capital here:  , https: //www. seedscapital. sg