Singapore injects $440m into Startup SG Equity scheme

It also increased the co-investment cap to $12m.

Singapore is putting an additional $440m into the Startup SG Equity scheme to boost private sector investment in local deep tech startups.

In addition, the co-investment cap has been increased from $8m to $12m for each startup to support their early stages of development.

So far, nearly $3b has been invested in over 330 startups under the Startup SG Equity scheme, including more than $2.5b in private sector funds.

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