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Over S$100m in extra funding for agriculture, maritime startups

Enterprise Singapore says it is working with accelerators and partners to boost the 2 sectors

Claudia Chong

Published Fri, Jun 26, 2020 · 09:50 PM

Singapore

STARTUPS in agriculture and maritime industries now have more than S$100 million in additional funding to tap on, with Enterprise Singapore (ESG) announcing new allocation to both sectors on Friday.

ESG said it has set aside over S$55 million to accelerate the growth of promising local agriculture and aquaculture companies, while its investment arm SEEDS Capital, together with six co-investment partners, will pump a combined S$50 million into more than 50 maritime technology startups in Singapore.