SGInnovate to invest in 20 startups as part of deep-tech strategy for 2018

Singapore

SGINNOVATE will invest millions of dollars in at least 20 deep-tech startups founded in Singapore and target 15,000 participants to attend more than 150 deep-tech events in 2018, the Singapore government-owned innovation platform said on Wednesday.

The one-year-old entity, which focuses on tech-intensive, research-driven product companies, added that it will intensify its efforts in artificial intelligence (AI), which it identified as a transformational technology that will impact most industries.