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ST Engineering sets up US$150m corporate venture capital unit

It is also opening a lab to offer startups the opportunity to see their ideas go to market

"We are not looking for one-hit wonders but breakthrough innovations that will either strengthen our current portfolio of businesses or generate new lines of businesses." - Mr Chong


ST ENGINEERING has set up a corporate venture capital unit to invest in promising technology startups and early-stage companies.

Announcing this on Tuesday, it said that it has set aside US$150 million in its coffers through ST Engineering Ventures, which will scout for

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