Spring Singapore, 9 partners in S$200m bid to boost tech startups

Singapore

THE investment arm of Spring Singapore - Spring Seeds Capital (SSC) - has appointed nine co-investment partners in a bid to catalyse more than S$200 million worth of investments into tech startups based in Singapore over the next eight years.

In tandem with the Startup SG Equity scheme, SSC is committing up to S$100 million under the research, innovation and enterprise (RIE) budget. This amount will be matched by private capital raised by the co-investment partners.