SEEDS Capital seeks co-investors to dole out S$150m to deep-tech startups

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ARMED with up to S$150 million from the Startup SG Equity scheme, SEEDS Capital is on the lookout for more co-investors to back early-stage, deep-tech startups in the Republic. Read more at The Business Times.

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Ted Tan, chairman of SEEDS Capital and ESG's deputy chief executive officer, said:"Through the co-investments with these private-sector partners, we hope to provide the appropriate guidance and resources that will enable deep-tech startups to succeed in developing new and disruptive technologies that can help our enterprises emerge stronger."

These sectors are in line with Singapore's Research, Innovation and Enterprise 2020 Technology Domains, which aim to increase Singapore's research capabilities, as well as support economic growth in key focus areas such as digital health, agri-food tech, urban mobility and logistics & supply chain that have emerged due to Covid-19.

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