Speaking to The Edge Singapore, Caudoux says both countries excel in sectors such as artificial intelligence (AI), aerospace, biotech, cybersecurity and the energy transition. By working together, joint projects can benefit from shared expertise, faster development cycles and access to new markets, he adds.
French and Singaporean companies share a strong innovation culture and complement each other in several key areas; both countries invest in deeptech and have built robust ecosystems to support research and development (R&D) and entrepreneurship.
While Singaporean firms often look to international markets early in their development, French start-ups traditionally focus on their domestic market before expanding, according to Arnaud Caudoux, deputy CEO of Bpifrance. “This is changing — deeptech start-ups are increasingly engaging in international R&D collaborations from the outset, accelerating their growth and global reach.”
