Singapore startups bag S$13.4b funding in first nine months
Figure is 36% up from previous year; deep tech sectors such as agri-food see influx of capital
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VENTURE investors have poured S$13.4 billion into local startups in the first three quarters of 2019, a 36 per cent jump from the previous year, Enterprise Singapore (ESG) announced in a media release on Thursday.
Excluding Grab's S$6.6 billion Series H funding round, the total figure stands at S$6.8 billion, across over 430 deals. The figures are based on data from ESG and business intelligence services Pitchbook, AVCJ and Crunchbase.
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