The fund – established to support Trendlines’ plans of opening a Singapore-based innovation centre focusing on developing agrifood technologies – is one of seven selected co-investors under the scheme.
SINGAPORE (Jan 16): Trendlines Group says its new US$40 million Singapore venture fund ($54.2 million) has been appointed as a partner under the Startup SG Equity scheme, which is administered by Enterprise Singapore investment arm Seeds Capital.
To recap, Seeds Capital issued a call for proposals for potential partners to co-invest in the agrifood tech field in Sept 2018.
