Startup SG Equity - Deep Tech

This funding program under Startup SG is designed to support deep tech startups in Singapore by co-investing alongside independent third-party investors. The program aims to catalyze private sector investments into promising deep tech ventures, thereby accelerating their growth and commercialization efforts.

Objectives:

• To boost the development and scaling of deep tech startups in Singapore.
• To encourage private sector participation in funding innovative deep tech companies.
• To strengthen Singapore’s position as a global deep tech hub by nurturing cutting-edge technologies.

Target Beneficiaries:

• Deep tech startups incorporated in Singapore.
• Startups that have secured independent third-party investments.
• Companies developing proprietary technology with significant scientific or engineering challenges.

Key Features:

• Co-investment model where Startup SG Equity matches investments made by independent third-party investors.
• Focus on deep tech sectors such as advanced manufacturing, robotics, AI, quantum technologies, and other frontier technologies.
• Support across stages for startups at various stages, from early to growth phases, provided they meet the program criteria.
• Leverage private sector expertise by encouraging startups to leverage private sector expertise and networks through their investors.

Application Process:

• Startups must first secure investment from an independent third-party investor.
• Upon securing such investment, startups can apply for co-investment from Startup SG Equity.
• Applications are assessed based on the startup’s technology, market potential, and investor commitment.
• Successful applicants receive co-investment funding to complement the private investment.

This program is part of Singapore’s broader strategy to foster innovation and entrepreneurship in deep tech, providing startups with both capital and strategic support to scale globally. It leverages public-private partnerships to maximize impact and sustainability of deep tech ventures in the ecosystem.