In a media release on Thursday, KPMG notes that that Singapore had maintained “historically healthy tallies by and large” barring 4Q17’s lower volume, with the tech sector still producing quite a few peaks in VC investments.
SINGAPORE (Jan 18): Singapore closed 2017 with US$1.2 billion ($1.6 billion) worth of venture capital (VC) investments across 112 deals, with exit value of investments reaching US$1.6 billion across eight exits and a total of US$732.9 million raised from seven funds.
According to KPMG’s 4Q17 edition of Venture Pulse, a quarterly report on global VC trends published by KPMG Enterprise, this comes despite a 41.4% q-o-q decline to US$205 million of investments over 4Q, with 2Q17 remaining the strongest performing quarter for the city state after booking US$724.3 million invested across 33 deals.
