Additionally, the group has also increased its investment cap for deep-tech start-ups to $12 million from $8 million previously, and is expanding co-investments beyond early-stage start-ups to include those in later growth stages.
SEEDS Capital, the investment arm of Enterprise Singapore (EnterpriseSG), is seeking new partners to co-invest in Singapore-based deep-tech start-ups.
According to an Aug 29 announcement, the group has currently set aside $150 million under EnterpriseSG’s start-up SG Equity scheme to catalyse similar co-investments with the private sector over the next three years.
