SUBSCRIBERS

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.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.