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
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.